International Hotel Investments Plc

M&A Activity • Sep 13, 2016

COMPANY ANNOUNCEMENT

Acquisition of QPM Limited

International Hotel Investments p.l.c. (IHI) has now acquired the remaining 80 per cent shareholding in QPM Limited (QP). As a result of this acquisition, QP is now a wholly-owned subsidiary of IHI.

QP is a multidisciplinary consultancy company providing services in architecture, civil and structural engineering, integrated building services, interior design, project management, cost management and sustainability management. Projects undertaken include hospitality, residential, commercial, offices, retail, aviation and sustainable development initiatives amongst many others. Its head office, which is located in Malta, services projects in a number of countries across Europe, Africa and the Middle East.

The Board of IHI is confident that the full ownership of QP will place IHI in a stronger position to achieve its strategic objective to develop and operate properties worldwide on behalf of IHI and third-party owners.

Alfred Fabri Company Secretary

13 September 2016