News: VRL Village Roadshow Signed Agreement To Sell Wholly Owned Wet'n'wild Water Park, page-36

Iron,

using trade sales and compco's:

cinema's - circa 430-450m
distribution - circa 150m
theme parks - circa 400-450m
library - potentially 100m.....lets say 50
listed investments - circa 40-50
other stuff - maybe 40-60m

at present - theme parks don't generate a decent rtn - need abt 50-75k pa inc in punters to be ok to reasonable ........

cinemas - best asset 9imho)

distribution - long term liscene to collect cash ......

library - ditto

other stuff - arguably, doesn't generate a rtn ......

even so - plenty of asset value (imho)

rgds
V_H