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RACING AUSTRALIA ANNUAL REPORT 2016

| 79

DIRECTORS DECLARATION

In accordance with a resolution of the directors of Racing Australia Limited, the directors of the company declare that:

1 The financial statements and notes, as set out on pages 64 to 80, are in accordance with the Corporations Act

2001 and:

a comply with Australian Accounting Standards – Reduced Disclosure Requirements; and

b.

give a true and fair view of the financial position of the company as at 30 June 2016 and for its

performance on the year ended on that date.

2 In the directors’ opinion there are reasonable grounds to believe that the company will be able to pay its debts

as and when they become due and payable.

On behalf of the Directors

John Messara AM

Chairman

Dated this 14th September 2016

Racing Australia Limited

| ACN 105 994 330 and Controlled Entities | Annual Report for the Financial Year Ended 30 June 2016