Receipt of Notice to Requisition General Meeting

10 August 2015

The Hotel Corporation plc

(the "Company")

Receipt of notice to requisition General Meeting

The Company announces that earlier today it received a requisition to hold an extraordinary general meeting (the "General Meeting") from Dartington Portfolio Nominees Ltd (on behalf of Springtime Consultants), Quetzal Securities Limited and Ventura Finance Limited (together the "Requisitioners") pursuant to section 113 of the Companies Act 1931 to propose the following resolutions (together the "Resolutions"):

1. That Marcus Yeoman be appointed as a director of the Company.

2. That Derek Short be removed as a director of the Company.

3. That subject to the passing of Resolution 1, Marcus Yeoman be appointed Chairman.

Together the Requisitioners are the registered holders of 6,385,000 ordinary shares in the Company representing 12.82% of the current issued share capital of the Company.

Accordingly the Board of the Company is required within 21 days from receipt of this requisition to send to shareholders a notice convening the General Meeting to vote on the Resolutions.

The Board of the Company are considering the requisition together with its advisers and where necessary will seek additional clarification from the Requisitioners. However the Board believe that the requisition is without merit and an unwelcome distraction at this time.

The Board will write to shareholders in due course to provide further advice and to convene the General Meeting within the required timeframe.

For further information: