CITY LODGE HOTELS LIMITED - Voluntary announcement: City Lodge Hotels takes full ownership of its two Kenyan hotels

Voluntary announcement:  City Lodge Hotels takes full ownership of its two Kenyan hotels

City Lodge Hotels Limited
"City Lodge"
(Reg. No. 1986/002864/06)
(Incorporated in the Republic of South Africa)
Share Code: CLH    ISIN Code: ZAE000117792

Voluntary announcement:     City Lodge   Hotels   takes   full
ownership of its two Kenyan hotels

Further to the announcement released on 4 February 2014,
shareholders are advised that the agreement for the
acquisition of the remaining 50% of Fairview Hotel Limited,
giving it full ownership of the Fairview Hotel and the
Country Lodge, has with effect from 21 May 2014 become
unconditional.   Fairview Hotel Limited will be accounted
for as a 100% owned subsidiary of the City Lodge Hotel
Group from this date.


Bryanston
22 May 2014

Sponsor
JP Morgan Equities South Africa Proprietary Limited

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