Langham Hospitality Investments : COMPLETION OF PAYMENT OF HOTEL MANAGEMENT FEES AND LICENCE FEE FOR THE SIX MONTHS PERIOD ENDED 31 DECEMBER 2019 BY WAY OF SSUs

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Langham Hospitality Investments

(As constituted pursuant to a deed of trust on 8 May 2013 under the laws of Hong Kong,

the trustee of which is LHIL Manager Limited)

and

Langham Hospitality Investments Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1270)

COMPLETION OF PAYMENT OF HOTEL MANAGEMENT FEES AND

LICENCE FEE FOR THE SIX MONTHS PERIOD ENDED

31 DECEMBER 2019 BY WAY OF SSUs

Reference is made to the announcement of the Trust Group dated 25 February 2020 (the "Announcement"). Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Boards are pleased to announce that the approval for the listing of, and permission to deal in the SSUs in settlement for the Manager Fees for the six months period ended 31 December 2019 has been granted by the Stock Exchange. A total of 9,881,338 new SSUs were allotted and issued to LHIL Assets on 26 February 2020.

By Order of the Boards

LHIL Manager Limited

and

Langham Hospitality Investments Limited

LO Ka Shui

Chairman

Hong Kong, 26 February 2020

As at the date of this announcement, the Non-executive Directors are Dr. LO Ka Shui (Chairman) and Mr. LO Chun Him, Alexander; the Executive Director is Mr. Brett Stephen BUTCHER (Chief Executive Officer); and the Independent Non-executive Directors are Professor CHAN Ka Keung, Ceajer, Professor LIN Syaru, Shirley and Mr. WONG Kwai Lam.