RIVIERA EXITS ADMINISTRATION 

Riviera has received written notification on Friday June 25, 2010 from the company’s Deed
Administrators that the Deed of Company Arrangement (DOCA) established in conjunction with
Riviera’s creditors on January 22 this year has now been completed and thus Riviera has now
officially exited from Administration.

Following the withdrawal of the business for sale previously announced on April 9, 2010 and the
finalisation of the administration, Management and the Receivers are now planning Rivieras’ exit
from receivership later this year.

“The completion of the DOCA is yet another significant milestone in the rapid recovery of Riviera
over the last twelve months,” commented John Anderson, Riviera’s Chief Executive Officer.

“Riviera has embraced change and travelled a significant voyage since May 2009. Just last month
at the Sanctuary Cove International Boat show we sold 19 new boats with a total retail value of
over AUD $20 million. Nine of these 19 sales were for our brilliant new 43 Open Flybridge model
that boasts a major step-change in concept design and the latest in marine technology including
IPS propulsion."



Click here to read Riviera's full Media Release