The board of directors of M&C REIT Management Limited, as manager of CDL Hospitality Trusts, and M&C Business Trust Management Limited, as trustee-manager of CDL Hospitality Business Trust announced Mr. Ronald Seah Lim Siang has been appointed as an Independent Non-Executive Director and an Audit Committee Member of the H-REIT Manager and the HBT Trustee-Manager, and the Chairman of the Risk Management Committee of the H-REIT Manager with effect from 21 October 2013. Mr. Richard Anthony Johnson has resigned as a Non-Executive Independent Director and Audit Committee Member of the H-REIT Manager and the HBT Trustee-Manager and the Chairman of the Risk Management Committee of the H-REIT Manager with effect from 21 October 2013. Mr. Johnson has stepped down from the Boards and Audit Committees of the H-REIT Manager and the HBT Trustee-Manager, and the Risk Management Committee of the H-REIT Manager due to his relocation from Hong Kong to Switzerland.