Hotel Royal Ltd.SGX: H12

Asset Acquisitions And Disposals: : Collective Sale Of Maxwell House, Singapore

· Issued by Hotel Royal Ltd.

HOTEL ROYAL LIMITED

(Company Registration Number 196800298G)

(Incorporated in the Republic of Singapore)

COLLECTIVE SALE OF MAXWELL HOUSE, SINGAPORE

Where capitalised items are used in this announcement and not otherwise defined, such capitalised terms shall bear the same meanings as ascribed to them in the Company's announcements dated 12 May 2021 and 27 August 2021 ("Previous Announcements").

The Board of Directors (the "Board") of Hotel Royal Limited (the "Company" and together with its subsidiaries, the "Group") refers to the Previous Announcements in connection with the collective sale of Maxwell House, Singapore ("Collective Sale") and pleased to announce that its wholly-owned subsidiary, Royal Properties Investment Pte Ltd has completed the sale of its property.

By Order Of The Board

Sin Chee Mei

Company Secretary

17 November 2021

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