Sun International Hotels Limited
                      Consolidated Statements of Operations
                 (In Thousands of Dollars Except Per Share Data)


                                    For the Three Months For the Twelve Months
                                     Ended December 31,   Ended December 31,
                                       2001      2000       2001      2000
                                         (unaudited)
     Revenues:
        Casino and resort revenues    $79,541   $169,867  $466,940   $755,866
        Less: promotional allowances   (4,168)   (11,313)  (22,778)   (51,779)
                                       75,373    158,554   444,162    704,087
        Tour operations                 7,902      9,208    36,348     33,192
        Management and other fees      10,023     11,062    36,806     35,763
        Real estate related                --      3,146     9,771    108,650
        Insurance recovery              2,000         --     2,000         --
        Other                           1,094        772     3,954      3,003
                                       96,392    182,742   533,041    884,695

     Expenses:
        Casino and resort expenses     50,554    110,578   253,019    453,573
        Tour operations                 6,981      8,182    32,041     29,626
        Selling, general and
         administrative                17,412     25,406    80,206    103,465
        Real estate related                --      1,533     2,865     32,272
        Corporate expenses              7,395      6,704    25,106     25,340
        Depreciation and
         amortization                  13,437     15,889    51,490     60,223
        Write-off of Desert Inn
         costs                             --         --        --     11,202
        Transactions costs                 --         --        --      7,014
        Restructuring costs             4,532         --     5,732         --
        Pre-opening expenses            1,768      5,529     6,904      7,616
        Write down of assets to be
         sold                              --    229,208        --    229,208
                                      102,079    403,029   457,363    959,539

     Operating income (loss)           (5,687)  (220,287)   75,678    (74,844)

     Other income and expenses:
        Interest income                 1,326      1,396     7,471      4,194
        Interest expense, net of
         capitalization               (11,316)   (11,997)  (49,347)   (45,678)
        Non-recurring interest
         expense                           --         --    (3,355)        --
        Equity in earnings of
         associated companies, net        893      2,458     3,059      4,225
        Other, net                       (310)        19      (760)      (688)

     Income (loss) before income
      taxes                           (15,094)  (228,411)   32,746   (112,791)

     Income tax benefit (provision)     3,476       (877)   (1,090)    (6,313)

     Net income (loss)               $(11,618) $(229,288)  $31,656  $(119,104)

     Basic earnings (loss) per share   $(0.43)    $(8.30)    $1.18     $(3.86)
     Diluted earnings (loss) per
      share                            $(0.43)    $(8.30)    $1.14     $(3.86)

     Weighted average number of
      shares outstanding - basic       26,925     27,638    26,885     30,850
     Weighted average number of
      shares outstanding - diluted     26,925     27,638    27,826     30,850




                       Sun International Hotels Limited
                             Summary Segment Data
                                (In Millions)
                                 (Unaudited)


                              For the Three Months      For the Twelve Months
                               Ended December 31,         Ended December 31,

                              2001         2000          2001          2000
    Paradise Island Operations
      Gross revenues (1)     $79.6        $105.7       $467.0        $472.6
        Casino                19.7          30.7        116.5         132.1
        Hotel (2)             59.9          75.0        350.5         340.5

      EBITDA (3)             $10.4         $20.7       $118.0        $128.1

      Atlantis
        Occupancy rate         56%           73%          77%           83%
        Average room rate     $211          $227         $252          $242

    Resorts Casino Hotel
      Gross revenues           $--         $64.1          $--        $283.2
        Casino                  --          53.2           --         235.8
        Hotel                   --          10.9           --          47.4

      EBITDA                   $--          $3.1          $--         $23.8


    (1) The three month period presented for 2001 and 2000 excludes Ocean Club
        Estates lot sales of $-0- and $3.1 million, respectively. The twelve
        month period presented for 2001 and 2000 excludes Ocean Club Estates
        lot sales of $9.8 million and $108.7 million, respectively.
    (2) Excludes results of the Company's wholly owned tour operator.
    (3) The three month period presented for 2001 and 2000 excludes income
        from Ocean Club Estates lot sales of $-0- and $1.6 million,
        respectively, pre-opening expenses of $0.7 million and $5.5 million,
        respectively, and restructuring costs of $4.5 million and $-0-,
        respectively. The twelve month period presented for 2001 and 2000
        excludes income from Ocean Club Estates lot sales of $6.7 million and
        $76.4 million, respectively, pre-opening expenses of $2.3 million and
        $7.6 million, respectively, and restructuring costs of $5.7 million
        and $-0-, respectively.

SOURCE: Sun International Hotels Limited