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GLOSSARY PAGE

REPORTS

RAP

Statement of Recommended Accounting Practice

RevPAR

Revenue per Available Room

RNA

Room Nights Available

RNS

Room Nights Sold

SGX

Singapore Exchange Limited

SGX-ST

Singapore Exchange Securities Trading Limited

SID

Singapore Institute of Directors

Singapore Hotels

Portfolio hotels located in Singapore consisting of Orchard Hotel, Grand

Copthorne Waterfront Hotel, M Hotel, Copthorne King's Hotel, Studio M Hotel

and Novotel Singapore Clarke Quay

Sponsor

Millennium & Copthorne Hotels plc

Stapled Group

Stapled group comprising the H-REIT Group and the HBT Group

Stapled Securities

Stapled Units of H-REIT and HBT

Stapled Security Holders

Holders of Stapled Securities of CDLHT

Stapling Deed

The stapling deed dated 12 June 2006

STB

Singapore Tourism Board

TMK

Tokutei Mokuteki Kaisha

TOP

Temporary Occupation Permit

UK Hotel

Portfolio hotel located in the United Kingdom namely Hilton Cambridge

City Centre

YOY or yoy

Year-on-Year

200