Wonderland Sydney announced today that a major licensing deal was signed with Marvel Enterprises, Inc. (NYSE: MVL) one of the world�s most prominent entertainment companies. The relationship will see Marvel�s Super Hero� comic book characters introduced into the theme park. The announcement was made by Wonderland Sydney�s CEO - Director, Mr Stephen Galbraith.

Wonderland Sydney guests will meet the costumed Marvel characters at the theme park when they are launched for the approaching School Holiday season in December 2002. Characters include; Spider-Man�, The Incredible Hulk�, The Green Goblin�, Captain America�, Daredevil�, Elektra� and X-Men� characters Storm� and Wolverine�.

�This is a key investment into Wonderland�s future development. The association between Marvel and Wonderland Sydney only strengthens our position as a world class entertainment facility,� said Mr Galbraith.

�We are proud to have introduced Marvel Enterprises into Australia�s theme park industry, we will relish this relationship to provide even more value-added attractions at Wonderland Sydney,� stated Mr Galbraith.

�The future may see Wonderland Sydney enhance the relationship to include Marvel-inspired rides, lands and shows. For Wonderland Sydney this is the strength for which we will continue to grow in the coming years,� said Mr Galbraith. After the record breaking Spider-Man movie, an incredible slate of motion pictures based on Marvel characters are expected to hit cinemas over the next few years, 2003 alone will see at least three Marvel-inspired movie features from Daredevil, X-Men 2 and The Incredible Hulk.

With a library of over 4,700 proprietary characters, Marvel Enterprises, Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused in four areas: entertainment (Marvel Studios), licensing, toys (Toy Biz) and comic book publishing. Marvel facilitates the creation of entertainment projects, including feature films, television and DVD/home video, based on its characters and also licenses its characters for use in a wide range of consumer products and services including video and computer games, apparel, collectibles, snack foods and promotions. Marvel's characters are created by its comic book division which continues to maintain a leadership position in the U.S. and worldwide while also serving as an invaluable source of intellectual property. For additional information visit the Marvel Web site at http://www.marvel.com.

For additional information visit the Wonderland Sydney website on www.wonderland.com.au

MEDIA NOTE:

Interview with Stephen Galbraith, CEO � Director or Dustin Lockett, Sales and Marketing Director available, contact: Renee Ferenc (02) 9830 9121