CDL Hospitality Trusts

Singapore

	Orchard Hotel
	Grand Copthorne Waterfront Hotel
	M Hotel
	Copthorne King’s Hotel
	Novotel Clarke Quay Singapore
	Studio M Hotel

New Zealand

Rendezvous Auckland

Overview

CDL Hospitality Trusts properties in Singapore are all strategically located either in or near the Central Business District or Orchard Road. Their strategic locations enable the Hotels to cater to both business and leisure travellers. The hotels are operated synergistically and are well positioned to capitalise on opportunities to refer business and clientele to one another. This gives greater flexibility in meeting different customer requirements in terms of budget, location and other needs.

	Orchard Hotel and Orchard Hotel Shopping Arcade	Grand Copthorne Waterfront Hotel	M Hotel	Copthorne King’s Hotel	Novotel Clarke Quay	Studio M Hotel
Number of rooms	653	539	413	310	398	360
Car park lots	454	287	237	77	-	30
Title	75 years leasehold interest commencing on 19 July 2006 except Copthorne’s King’s Hotel which will be approximately 61 years leasehold interest expiring 31 Jan 2067				97 years and 30 days commencing 2 April 1980	99 years leasehold interest commencing 26 February 2007
Valuation	$364.6 Mn	$234.1 Mn	$161.5 Mn	$86.1 Mn	$224.0 Mn	$154 Mn ⁽¹⁾

Source: Annual Report 2010 & Circular to Security Holders dated 5 April 2011

⁽¹⁾ Purchase consideration as at 3 May 2011.