New Mauritius Hotels Limited announced that it has informed its shareholders, its noteholders, the noteholders' representative and the public in general as follows: Further to the bank facilities of EUR 19.750 million that the Company entered into in November 2021 to refinance the notes of tranche referenced FRNEUR4Y issued under its MUR 6 billion multi-currency note programme dated 9 October 2017 and the pricing supplement dated 30 October 2017 as amended and which reached maturity on 15 November 2021, the Board will seek the approval of the holders of the Notes that the Bank Facilities and all the obligations thereunder rank pari passu with the Notes; The Company further intends to enter into additional facilities in or close to November 2022 to refinance tranches FRNMUR5Y and FLRNMUR5Y of the Notes. Accordingly, the Board will seek the approval of the holders of the Notes that the Additional Facilities and all the obligations thereunder rank pari passu with the outstanding Notes under tranches FRNMUR7Y and FLRNMUR7Y. The Company's shareholders and Noteholders, as well as the members of the investing public will be kept informed of further developments and are advised to exercise caution when dealing with the Notes.