GuocoLeisure : ANNOUNCEMENT OF APPOINTMENT

Issuer/ Manager

GUOCOLEISURE LIMITED

Securities

GUOCOLEISURE LIMITED - BMG4210D1020 - B16

Stapled Security

No

Announcement Title

Change - Announcement of Appointment

Date & Time of Broadcast

17-Oct-2014 17:29:09

Status

New

Announcement Sub Title

Appointment of Chief Executive Officer and Director

Announcement Reference

SG141017OTHRTVMB

Submitted By (Co./ Ind. Name)

Susan Lim

Designation

Group Company Secretary

Description (Please provide a detailed description of the event in the box below)

Appointment of Mr Michael Bernard DeNoma as Chief Executive Officer and Director

Date Of Appointment

18/10/2014

Name Of Person

Michael Bernard DeNoma

Age

58

Country Of Principal Residence

United Kingdom

The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)

Mr DeNoma's appointment was approved by the Board of Directors upon the recommendation of the Nominating Committee ("NC"). The NC had reviewed the qualifications and experience of Mr DeNoma.

Whether appointment is executive, and if so, the area of responsibility

Executive. He will be responsible for strategic direction, business development and overseeing the overall operation of the Group.

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Chief Executive Officer and Director

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries

Nil

Conflict of interests (including any competing business)

Nil

Working experience and occupation(s)

during the past 10 years

2012 to Present: Chief Executive Officer of GLH Hotels Limited, GL's UK

subsidiary

2010 to 2012 : Chairman and Chief Executive Officer of CTBC Bank Co., Ltd

1999 to 2009: Chief Executive Officer of the Global Consumer Bank at

Standard Chartered Bank.

Shareholding interest in the listed issuer and its subsidiaries?

Yes

Shareholding Details

GuocoLeisure Limited:

100,000 shares

Options to subscribe for 25,000,000 shares

# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist

Rule 704 (8).

Past (for the last 5 years)

Please refer to the attached.

Present

Please refer to the attached.

(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?

No

(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within

2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of

insolvency?

No

(c) Whether there is any unsatisfied judgment against him?

No

(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?

No

(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?

No

(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore

or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?

No

(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?

No

(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of

No

a business trust), or from taking part directly or indirectly in the management of any entity or business trust?

(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?

No

(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or

No

(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or

No

(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or

No

(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter

occurring or arising during that period when

he was so concerned with the entity or business trust?

No

(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?

No

Any prior experience as a director of a listed company?

Yes

If Yes, Please provide details of prior experience

Mr DeNoma was previously on the Board of Standard Chartered Plc, a listed company.

Company name

GUOCOLEISURE LIMITED GROUP

1

GLH Management Group Pte. Ltd.

2

GLH Hotels Group Limited

3

GLH Hotels Holdings Limited

4

GLH Hotels Limited

5

GLH Hotels Management (UK) Limited

6

The Tower Hotel (London) Limited

7

Thistle Marble Arch Limited

8

The Charing Cross Hotel Limited

9

The Royal Horseguards Hotel Limited

10

The Grosvenor Hotel Victoria Limited

11

Thistle Kensington Gardens Limited

12

Thistle Heathrow Limited

13

Thistle Westminster Limited

14

Thistle Trafalgar Limited

15

Thistle Hyde Park Tenant Ltd

16

Thistle Barbican Tenant Ltd

17

Bloomsbury Hotel Tenant Limited

18

Thistle Piccadilly Tenant Ltd

19

Thistle Euston Tenant Ltd

20

Thistle Edinburgh Tenant Ltd

21

The Cumberland Hotel (London) Limited

22

Thistle Hotels & Restaurants Ltd (in the process of being struck off)

23

GLH Hotels HR Limited

24

GLH Hotels Finance plc

25

GLH Hotels Management (Malaysia) Sdn Bhd

EXTERNAL APPOINTMENT

26

International Center for Missing and Exploited Children

27

Singapore Management University

28

British Hospitality Association

1

Chinatrust Commercial Bank Co. Ltd.

2

Chinatrust Financial Holding Co. Ltd.

3

Various companies in Standard Chartered Bank Group

4

Standard Chartered Holdings Limited

5

Standard Chartered Plc

6

West Midland Industrial Finance And Development Company Limited (struck off)