Appointment of Interim Grp Chief Financial Officer

For immediate release 9 May 2014

MILLENNIUM & COPTHORNE HOTELS PLC

Appointment of Interim Group Chief Financial Officer

Millennium & Copthorne Hotels plc (M&C) is pleased to announce the recent appointment of Mr Andrew Cherry as interim Group Chief Financial Officer.

Mr Cherry has extensive experience in international financial management, gained mainly within the technology and hospitality sectors. Most recently he was Chief Financial Officer at GLH Hotels Limited, formerly Thistle Hotels plc, in London, prior to which he served as Group Finance Director at Volex Plc. He qualified as a UK chartered accountant with PricewaterhouseCoopers in 1989 and holds a Masters of Business Administration from the Kellogg School of Management at Northwestern University in Chicago. Mr Cherry will be responsible for key elements of financial management, including risk management, treasury, accounting, reporting, tax and investor relations activities, and he will be working closely with senior management on a number of strategic initiatives across the Group.

Mr Cherry will report to the Group Chief Executive Officer, Wong Hong Ren.

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