PARKROYAL APPOINTS NEW VICE PRESIDENT FOR ITS MALAYSIAN OPERATIONS

Singapore, March 27, 2008:  Mr Ian Mckie has been appointed General Manager of Parkroyal Kuala Lumpur (KL) and Vice President, Malaysia of Parkroyal Hotels and Resorts, a newly created position to strengthen the group’s operations in Malaysia.

A British national, Mr Mckie has 20 years of hospitality experience in Asia, having held senior management positions in China, Hong Kong, Indonesia and Thailand for the past ten years. He was previously General Manager of the Regal International East Asia Hotel in Shanghai.

Ms. Wee Wei Ling, Executive Director of Parkroyal Hotels and Resorts notes, “Mr Mckie has a solid track record in managing world-class city and convention hotels and renowned luxury resorts in Asia. His expertise will be vital in propelling the Parkroyal brand forward in Malaysia.”

Mr Mckie will oversee all aspects of operations and spearhead strategic plans to promote service quality standards and revenue growth at Parkroyal’s two Malaysia properties. Parkroyal Kuala Lumpur is a 426-room hotel located in the heart of Kuala Lumpur, while Parkroyal Penang is an idyllic resort on the fringe of Batu Ferringhi Beach with 309 rooms.