JUPITERS LIMITED
ABN 78 010 741 045
Level 9, Niecon Tower
17 Victoria Avenue
PO Box 1400
Broadbeach QLD 4218
Australia
Telephone 07 5584 8900
Facsimile 07 5538 6315


22 January 2003


CORPORATE UPDATE
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Jupiters Limited confirms that its merger discussions are continuing with
UNiTAB Limited.  The discussions to date have not resulted in an agreement
to pursue a merger.

Pursuant to the announcement of 10 January 2003, Jupiters Limited also
Confirms that discussions are continuing with Tabcorp Holdings Limited.

It is Jupiters' current expectation that it will be in a position to update
the market as to further progress of both sets of discussions in three to
four weeks.

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Jupiters Limited is a public listed company with interests in tourism, leisure
and gaming. It owns Jupiters Casino on the Gold Coast and Treasury Casino in
Brisbane, as well as holding an investment in and the management contract for
the Townsville casino. In addition, the Company operates Keno in Queensland and
New South Wales, online sportsbetting through Centrebet based in the Northern
Territory and provides technology services. Jupiters Limited is based on the
Gold Coast, Queensland, has over 20,000 investors in ordinary shares, over 5,100
Jupiters RPS securityholders and employs over 5,000 staff.