PAN PACIFIC HOTELS GROUP LIMITED

2012 FULL YEAR RESULTS BRIEFING

28 February 2013

A. Patrick Imbardelli

President and Chief Executive

• Focus and Highlights

• Performance Review

• Pipeline

Today’s Agenda

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FOCUS AND HIGHLIGHTS

• Headquartered in Singapore, Pan Pacific Hotels Group owns

and/or operates over 30 hotels, resorts & serviced suites with

over 10,000 rooms across Asia, Australia and North America

• Comprises two highly-acclaimed brands

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Company Overview

2012 Focus

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• Carried out major property enhancements to:

- Pan Pacific Singapore, Pan Pacific Orchard, Singapore

and Pan Pacific Nirwana Bali Resort

- PARKROYAL Darling Harbour, Sydney

• Launched new properties in China and reached out to

customers in growth markets of China, Southeast Asia, Australia

and North America through strategic brands campaigns

2012 Operations Highlights

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Launched Pan Pacific Hotel and

Serviced Suites Ningbo in China

• The Group’s first joint hotel and

serviced suites development

• First Pan Pacific Serviced Suites in China

Rejuvenated guest experiences at both

owned and managed hotels

• Pan Pacific Singapore

• Pan Pacific Orchard, Singapore

• Pan Pacific Nirwana Bali Resort

• PARKROYAL Darling Harbour, Sydney Pan Pacific Singapore

Pan Pacific Ningbo

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2012 Operations Highlights

Continued investing into our Pan Pacific and

PARKROYAL brands through…

• Launch of S$1.5 million initiative to transform

the online engagement experience with our

customers through new corporate and brands

websites

• Strategic brands and advertising campaigns in

key print and online media channels, and new

Pan Pacific and PARKROYAL brand videos

2012 PERFORMANCE REVIEW

Neo Soon Hup

Chief Financial Officer

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Key Financials

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Key Financials

* Incorporating surplus on revaluation of hotel properties

• Revenue 4% to S$373 million

• Occupancy 2%, Room Rate 7% and RevPAR 5%

• EBITDA was S$113 million, 3% from S$109 million

achieved in 2011

• Profit before tax 15%

• EPS, including fair value gains and other exceptional items

to 11.86 cents from adjusted EPS of 14.94 cents in 2011

• Dividend payment of 4.0 cents per share for financial year

2012, same as financial year 2011

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2012 Results Overview

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Revenue by Business Segment

* Excluding inter-company management fees

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Profit from Operations

by Business Segment*

*Before finance income and expense, fair value adjustments and exceptional items

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Capital Management

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Debt Maturity Profile

The Shape of our Business (as of 27 Feb 2013)

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Existing Confirmed Pipeline

No. of

Hotels

No. of

Rooms

No. of

Hotels

No. of

Rooms

By Brands

Pan Pacific 16 5,276 2 510

PARKROYAL 12 3,696 2 550

Others 2 595 - -

Total 30 9,567 4 1,060

By Ownership Type

Owned 15 4,971 1 180

Managed 15 4,596 3 880

Total 30 9,567 4 1,060

By Employees

9,250 1,200

Total 10,450

Singapore Southeast

Asia

China North

America

Oceania

66% 68%

39%

71%

80%

88%

69%

55%

73%

79%

2012

2011

Hotel Occupancy

2012 vs 2011

17

-25%

-2% -2%

-28%

1%

Singapore Southeast

Asia

China North

America

Oceania

240

135

108

266 261

238

119 109

252 253

2012

2011

Average Room Rate

2012 vs 2011

18

1%

14%

3% 5%

In S$

* For comparability, FY 2011 ARR has been translated at constant exchange rates

(31 Dec 2012)

-1%

Singapore Southeast

Asia

China North

America

Oceania

158

92

42

190

208 209

82

59

183

201

2012

2011

RevPAR

2012 vs 2011

19

-24%

12%

4%

4%

-29%

* For comparability, FY2011 RevPar has been translated at constant exchange rates

(31 Dec 2012)

** RevPar = Revenue per Available Room

In S$

Building and Construction Authority, Singapore

PARKROYAL on Pickering

- Green Mark Platinum

Green Globe Certification

Pan Pacific Seattle

World Airport Awards

PARKROYAL Melbourne Airport

- Best Airport Hotel, Australia/Pacific

Conde Nast Traveler's Gold List

Pan Pacific Whistler Village Centre

- Best Resorts in Canada

2012 Awards & Accolades

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World Travel Awards

Pan Pacific Singapore

- World’s Leading Business Hotel (five-time winner)

- Asia’s Leading Business Hotel (seven-time winner)

Pan Pacific Vancouver

- Canada’s Leading Business Hotel

- Canada’s Leading Hotel

Pan Pacific Manila

- Philippines’ Leading Business Hotel

Pan Pacific Nirwana Bali Resort

- Indonesia’s Leading Golf Resort

- Indonesia’s Leading Spa Resort

PARKROYAL Yangon

- Myanmar’s Leading Business Hotel

2012 Awards & Accolades

PIPELINE

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• Intra-regional travel in Asia is expected to grow in view of the

growing middle class and increasing flight frequency by budget

airlines

• Growth in tourist arrivals from outside the region is likely to

moderate, due to uncertainties in the developed economies

• The Group will focus on enhancing yield and efficiency while

maintaining a disciplined financial approach

2013

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PARKROYAL on Pickering (opened 16 Jan 2013)

• S$350 million investment

• 367-room hotel located at the gateway to Singapore’s Central Business District, beside

Chinatown and Hong Lim Park.

• The first PARKROYAL Collection hotel, distinguished by its green and sustainable design

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2013

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Pipeline – owned properties

Pan Pacific Serviced Suites Beach Road

(Q2 2013)

• 21-storey block of 180 serviced suites, located at

the border of the Marina Bay Central Business

District

Pan Pacific Tianjin (Q1 2014)

• 330 rooms within a mixed-use development

with residential office and retail space

overlooking the scenic Haihe River

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Pipeline – managed properties

PARKROYAL Serviced Suites Green

City, Shanghai (Q2 2013)

• 325 serviced suites in Green City, an

expatriate residential community in

Pudong, Shanghai in the Jinqiao

Development Area

PARKROYAL Rainbow Hills Bogor Resort

(Q1 2014)

• 225-room resort in Bogor, a popular retreat

and meeting destination 60km away from the

Indonesian capital of Jakarta.

Continue to focus on expansion for Pan Pacific and

PARKROYAL brands across Southeast Asia, Greater

China and Oceania.

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Looking Ahead

This presentation may contain forward-looking statements or financial information. Such forward-looking statements and financial

information may involve known and unknown risks, uncertainties, assumptions and other factors which may cause the actual results,

performance or achievements of Pan Pacific Hotels Group Limited or industry results, to be materially different from any future results,

performance or achievements expressed or implied by such forward-looking statements and financial information.

Such forward-looking statements and financial information are based on assumptions including (without limitation) Pan Pacific Hotels

Group Limited’s present and future business strategies, general industry and economic conditions, interest rate trends, cost of capital

and capital availability, availability of real estate properties, competition from other companies, shifts in customer demands, customers

and partners, changes in operating expenses (including employee wages, benefits and training), governmental and public policy changes

and the continued availability of financing in the amounts and the terms necessary to support future business activities.

You are advised not to place undue reliance on these forward-looking statements and financial information, which are based on Pan

Pacific Hotels Group Limited’s current views concerning future events.

Pan Pacific Hotels Group Limited expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any

forward-looking statements or financial information contained in this presentation to reflect any change in Pan Pacific Hotels Group

Limited expectations with regard thereto or any change in events, conditions or circumstances on which any such statement or

information is based, subject to compliance with all applicable laws and regulations and/or the rules of the SGX-ST and/or any other

regulatory or supervisory body.

This presentation may include market and industry data and forecasts. You are again advised that there can be no assurance as to the

accuracy or completeness of such included information. While Pan Pacific Hotels Group Limited has taken reasonable steps to ensure

that the information is extracted accurately and in its proper context, Pan Pacific Hotels Group Limited has not independently verified

any of the data or ascertained the underlying assumptions relied upon therein.

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Disclaimer

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