Change of Adviser

6 March 2014

Action Hotels plc

("Action Hotels" or the "Company")

Change of Adviser

Action Hotels (AIM: AHCG), an owner, developer and asset manager of branded three and four star hotels in the Middle East and Australia, announces the appointment of finnCap Ltd as its Nominated Adviser and Broker with immediate effect.

For further enquiries, please contact:

Action Hotels plc +971 (4) 328 9211

Alain Debare, Chief Executive Officer

Katie Shelton, Director of Communications

finnCap Ltd +44 (0) 20 7220 0500

Stuart Andrews /Grant Bergman