A stapled group comprising:

CDL HOSPITALITY REAL ESTATE INVESTMENT TRUST

(a real estate investment trust constituted on 8 June 2006 under the laws of the Republic of Singapore)

CDL HOSPITALITY BUSINESS TRUST

(a business trust constituted on 12 June 2006 under the laws of the Republic of Singapore)

Scheduled date for release of Unaudited Financial Results for the Year ended 31 December 2013

M&C REIT Management Limited, as manager of CDL Hospitality Real Estate Investment Trust ("H-REIT") and M&C Business Trust Management Limited, as trustee-manager of CDL Hospitality Business Trust ("HBT"), will be announcing the unaudited financial results of CDL Hospitality Trusts, a stapled group comprising H-REIT and HBT, for the year ended 31

December 2013 on 28 January 2014.

By Order of the Board

Leong Hui Min

Company Secretary

M&C REIT Management Limited

(Company Registration No. 200607091Z)

as manager of CDL Hospitality Real Estate Investment Trust

17 January 2014

By Order of the Board

Leong Hui Min

Company Secretary

M&C Business Trust Management Limited

(Company Registration No. 200607118H)

as trustee-manager of CDL Hospitality Business Trust

17 January 2014

IMPORTANT NOTICE

The value of Stapled Securities and the income derived from them may fall as well as rise. Stapled Securities are not obligations of, deposits in, or guaranteed by, the H-REIT Manager, the HBT Trustee-Manager or any of their respective affiliates. An investment in Stapled Securities is subject to investment risks, including the possible loss of the principal amount invested.
Investors have no right to request that the H-REIT Manager and the HBT Trustee-Manager redeem or purchase their Stapled Securities while the Stapled Securities are listed. It is intended that the holders of Stapled Securities may only deal in their Stapled Securities through trading on the SGX-ST. Listing of the Stapled Securities on the SGX-ST does not guarantee a liquid market for the Stapled Securities.

distributed by