Scrip Listing

For immediate release 16 May 2012

MILLENNIUM & COPTHORNE HOTELS PLC

Scrip Listing

Application has been made to the London Stock Exchange and the UK Listing Authority of the FSA for admission of 5,739,044 Ordinary shares of 30p each fully paid to the Official List, pursuant to Millennium & Copthorne's Scrip Dividend Scheme. The shares will rank pari passu with the existing Ordinary shares.

Copies of this announcement will be available for fourteen days from the offices of Credit Suisse Securities (Europe) Limited, One Cabot Square London E14 4QJ.

A J Bushnell

Company Secretary

Telephone: 020 7 872 2444