Hotel Leelaventure Partial Repurchase US$ Zero Coupon FCC Bonds Hotel Leelaventure Stock

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Hotel Leelaventure - Partial
Repurchase of Outstanding US$ Zero Coupon FCC Bonds Due 2012

Hotel Leelaventure Ltd has informed that the Company is considering partial repurchase of outstanding zero coupon Convertible Bonds due in 2012 and listed on the Singapore Stock Exchange. Such purchase shall be effected subject to availability of bonds at terms acceptable to the Company. The Company has appointed Kotak Mahindra UK Ltd. for the same.