Update on Copthorne Hotel Christchurch Durham St

Update on Copthorne Hotel Christchurch Durham Street

Millennium & Copthorne Hotels New Zealand (NZX:MCK) announced today that it would commence repairs on the Copthorne Hotel Christchurch Durham Street as early as this week.

MCK Managing Director Mr. B K Chiu noted that since the earthquake, there had been wild rumours going about that the hotel, a leased property, had been designated as a condemned building and that it would be pulled down.

"That was never the case. Engineers have stated the building is safe. The majority of the work to be done is repair of the guest rooms and the plan is to complete the reinstatement works within the next six months, if not earlier ", he said.

MCK also confirmed that the hotel's staff would continue to be employed while timing and plans for the reinstatement works were being developed. Vice President Operations Matt Taplin confirmed the news to staff at a meeting with them on Thursday afternoon.

"We wanted to give our staff and our customers the reassurance that Copthorne Hotel Christchurch

Durham Street will be back in business and to give our staff at the hotel the reassurance that we do want them to stay working with us", he said. "Our Christchurch teams are working really hard getting things back to as normal as possible given the circumstances and we want to make sure we do our best to support them through this difficult period".

Mr. Taplin confirmed that guests would continue to be relocated to the Millennium Hotel Christchurch and the Copthorne Hotel Christchurch Central until the end of the year. Both hotels are operating normally and have additional staff working to deal with rebookings and guest queries.

ENDS

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