KZL Kerzner

Initial Funding to Support the Efforts of The Nature Conservancy, Bahamas National Trust and Bahamas Sportfishing Conservation Association to Protect the Waters of Andros Island in The Bahamas Kerzner International Limited (NYSE:KZL) (the "Company"), which through its subsidiaries is a leading international developer and operator of destination resorts, casinos and luxury hotel properties, today announced a plan to invest more than $5 million over five years to support Kerzner Marine Foundation ("KMF" or the "Foundation"), a newly-established, non-profit foundation that seeks to foster the preservation and enhancement of global marine ecosystems through scientific research, education and community outreach. The Foundation's focus is to protect the integrity of tropical marine ecosystems. The Foundation's priority projects will involve the development and management of marine protected areas (ocean sites that enjoy a level of protection similar to U.S. national parks), coral reef and cetacean conservation and local and global research. The Foundation will fund programs that will produce specific and measurable results related to its strategy of preserving marine habitats. According to Butch Kerzner, Chief Executive Officer of the Company, the formation of KMF marks an important step for the Company's marine conservation initiatives. He explains, "We have long been aware of the threats facing our oceans, and for many years we have been dedicated to promoting ocean awareness, conservation and education to our many guests through development of innovative marine life exhibits and programs. Our Company has succeeded in bringing more than five million visitors in contact with over 250 marine species at Atlantis, Paradise Island, helping them to better understand our oceans' ecosystems. We felt it was very important to strengthen our impact on marine conservation by increasing our financial commitment and supporting significant research projects in this increasingly-important field." KMF's first major grant will be made to The Nature Conservancy and its local partners, Bahamas National Trust and Bahamas Sportfishing Conservation Association, which together protect the ocean life and habitat of Andros Island in The Bahamas. The waters surrounding Andros Island support a rich variety of fish and other marine animals. The Nature Conservancy plans to work with The Bahamas government to establish and maintain a marine protected area. KMF's funding of this project will allow for one of the largest concerted conservation efforts in history in The Bahamas. "The pristine waters around Andros Island are a phenomenal natural treasure for the people of The Bahamas and indeed for the rest of the world, but they need protection to remain healthy and beautiful," said Eleanor Phillips, Bahamas Country Program Director for The Nature Conservancy. "By acting now, with the support of the Kerzner Marine Foundation, we have a priceless opportunity to make sure everyone can enjoy and benefit from this treasure for generations to come." Other areas of geographic focus for KMF include the Caribbean, Middle East and Southeast Asia. In addition, the Foundation will promote education and outreach to local communities where the programs are implemented. Grants will be awarded quarterly from solicited proposals. More information on the foundation can be found online via the organization's website, www.kerznermarinefoundation.org. The Foundation will be overseen by Debra Erickson, Executive Director of KMF, along with a Board of Directors. Erickson was a former Executive Director and Conservation Director of Orangutan Foundation International and the Director of International and Environmental Communications at Anheuser-Busch Companies. The Board of Directors will initially be comprised of Howard Karawan, President and Managing Director of the Destination Resorts segment of Kerzner International Limited; John Allison, Executive Vice President and Chief Financial Officer of Kerzner International Limited; Frank Murru, Chief Marine Officer of Kerzner International Limited; and Dr. Paul Dayton, one of the world's foremost marine scientists, who will serve as the Foundation's Vice President and Chair of the Scientific Advisory Committee ("SAC"). The SAC is an independent body of world-renowned marine scientists responsible for advising the KMF Board of Directors and Executive Director and will operate under the leadership of Dr. Dayton, currently a professor at Scripps Institution of Oceanography, whose work focuses on the study of coastal and estuarine habitats as well as the impact of over-fishing on marine ecosystems. The SAC will meet four times a year to review Foundation goals, objectives and strategy to ensure the funding of cutting-edge conservation and research programs; identify organizations for solicitation of proposals; provide expert evaluation of project proposals and review of their scientific, technical, and conservation merit; monitor the progress and evaluate the achievements of funded programs; advise on the most productive balance and emphasis of Foundation resources and establish and maintain partnerships with like-minded organizations. The two other esteemed SAC members are Dr. Tundi Agardy and Dr. Terry Done. Dr. Agardy has been involved in marine conservation for more than 25 years. In her current position as Executive Director of Sound Seas, she strives to advance marine conservation efforts by harnessing both science and sociology to protect the oceans. She is also affiliated with Conservation International, where she was charged with designing and implementing a Global Marine Program addressing major threats to marine biodiversity and ecology. Dr. Agardy is joined by Dr. Terry Done, who has been conducting coral reef ecology research for more than 29 years. He completed the first descriptive work on patterns of zonation in coral communities and established long-term ecological studies that have continued to the present. As a Senior Principal Research Scientist at the Australian Institute of Marine Science and Program Leader for the Cooperative Research Center for the Great Barrier Reef World Heritage Area, "Reef Futures," Dr. Done works to raise the level of understanding of coral reef ecology so as to lead to policies and management practices that benefit both coral reefs and the people that depend on them. About The Company Kerzner International Limited (NYSE:KZL), through its subsidiaries, is a leading international developer and operator of destination resorts, casinos and luxury hotels. The Company's flagship brand is Atlantis, which includes Atlantis, Paradise Island, a 2,317-room, ocean-themed destination resort located on Paradise Island, The Bahamas - a unique property featuring three interconnected hotel towers built around a 7-acre lagoon and a 34-acre marine environment that includes the world's largest open-air marine habitat. The resort is also home to the largest casino in the Caribbean. The Company recently commenced development of a major expansion that includes a 600-room all-suite luxury hotel and a significant enhancement of Atlantis water-based attractions. Certain parts of this expansion have already opened, including Marina Village at Atlantis, with the remaining elements expected to open by early 2007. The Company is extending its Atlantis brand globally with the development of Atlantis, The Palm, Dubai, an approximately 2,000-room, water-themed resort expected to open in 2008, currently being constructed on The Palm, Jumeirah, a multi-billion dollar leisure and residential development in Dubai. In its gaming segment, the Company developed and receives certain income derived from Mohegan Sun in Uncasville, Connecticut, which has become one of the premier casino destinations in the United States. The Company is also a 37.5% owner of BLB Investors, L.L.C., which owns Lincoln Park in Rhode Island and pari-mutuel racing facilities in Colorado. In the U.K., the Company is currently developing a casino in Northampton and received a Certificate of Consent from the U.K. Gaming Board in 2004. In its luxury resort hotel business, the Company manages ten resort hotels primarily under the One&Only brand. The resorts, featuring some of the top-rated properties in the world, are located in The Bahamas, Mexico, Mauritius, the Maldives and Dubai. An additional One&Only property is currently in the planning stages in South Africa. For more information concerning the Company and its operating subsidiaries, visit www.kerzner.com. This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties which are described in the Company's public filings with the U.S. Securities and Exchange Commission. Investor inquiries regarding the Company should be directed to Omar Palacios at+1.242.363.6018. Media inquiries should be directed to Lauren Snyder at +1.242.363.6018.