Millennium & Copthorne Hotels Plc.

John Arnett joined Millennium & Copthorne Hotels plc as Chief Executive Officer of North America on 14 March 2007, and was appointed an executive director of the Board on 3 May 2007. As CEO of North American operations, he is responsible for day to day operations as well as the expansion of Millennium & Copthorne Hotels' North American operations. He has worked in the hospitality industry for 30 years, most recently as President of the Kor Hotel Group in Los Angeles, where he led the Group's expansion of its luxury hotels and resorts. Prior to that, he worked for over 10 years at the Kimpton Hotel and Restaurant Group, where as Senior Vice President, he oversaw the operations and profitability of 37 Kimpton Group properties, while guiding the transition of new assets into stable operating businesses. Earlier, he served as Kimpton's Vice President of Acquisitions and Property Transformation, contributing to numerous acquisitions throughout the US and Canada. His background also includes the management operations of luxury hotels and resorts including General Manager of the Ritz Carlton Mauna Lani, Hawaii, where he was the recipient of both the Five Diamond Hotel and Restaurant Award. He also managed the flagship Ritz Carlton Buckhead in Atlanta; and managed resorts in Minnesota and Arizona. He has a degree in Business Administration from the University of Denver.

Mr Gerry Oh is the Senior Vice President for Global Sales & Marketing of the London listed Millennium & Copthorne Hotels plc (M&C) In 2004, Gerry was recruited by the Hong Leong Group and a majority share owner of M&C to build and expand their businesses. Prior to M&C in 2004, Gerry started as an Engineer in Singapore Airlines before being promoted to Vice President of Marketing Communications & Market Development and subsequently Vice President for Global Sales & Distribution. With over 10 years of field management experience as Country General Manager/State Manager in various parts of the world, Gerry returned to Singapore in 1997 to take up his initial corporate appointment to help drive the airline's entry into the Star Alliance.

Christopher Keljik was appointed to the Board in May 2006. After a long career with Standard Chartered plc that commenced in 1976, he retired from his position as Group Executive Director of Standard Chartered plc in May 2005. During his career with Standard Chartered, he held a number of senior positions in corporate fi nance, treasury and general management in the UK, USA and Asia. Immediately prior to his retirement, his responsibilities at Standard Chartered included its businesses in Africa, the Middle East, South Asia, the UK and the Americas. A Chartered Accountant, his previous responsibilities have also included risk management, audit, corporate affairs, investor relations and corporate governance. He currently holds non-executive directorships at Foreign & Colonial Investment Trust plc and Jardine Lloyd Thompson Group plc.

Charles Kirkwood was appointed to the Board in May 2002. He was formerly managing director of Rosewood Hotels and Resorts, Asia and an Industrial Partner to Ripplewood (Japan). He is currently the president and director of Shawnee Holding Inc, a private hotel owning company and a director of Pennsylvania General Energy. He is a member of the Bar of New York, Pennsylvania and the US Supreme Court.

Connal Rankin was appointed to the Board in December 2007. He has had an extensive career at HSBC Group ("HSBC") spanning 45 years until his retirement in December 2005. He held a number of senior positions including a Group General Manager of HSBC in Hong Kong and Chief Executive of HSBC Singapore for 5 years until 2000. Between 2000 and 2005, Connal held the senior position of Group General Manager of Human Resources based in London. His experience gained managing human resources within one of the leading global banks will be invaluable to Millennium & Copthorne. He is a director of Neptune Orient Lines Ltd, a publicly quoted company listed on the Singapore Stock Exchange.