Reference is made to ECMLFG's announcements on 4 May 2017, 21 June 2017, 3 July 2017, 8 August 2017, 30 August 2017, 26 October 2017, 21 November 2017, 24 November 2017, 27 November 2017, 12 December 2017, 21 December 2017, 21 March 2018, 13 April 2018, 3 May 2018, 4 May 2018, 8 May 2018, 16 May 2018, 18 May 2018, 2 July 2018, 3 September 2018 and 1 October 2018 in relation to the Proposals ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, CIMB wishes to announce that on 27 December 2018, the parties to the Tune Hotel KK SPA and Tune Hotel KLIA Aeropolis SPA have entered into the following variation letters in respect of the following:

(i) Regarding the Tune Hotel KK SPA, the parties to the agreement had mutually agreed to extend the completion date to 28 February 2019 in order to provide additional time for the outstanding obligations to be fulfilled.

(ii) Regarding the Tune Hotel KLIA Aeropolis SPA, the parties to the agreement had mutually agreed to extend the date to fulfil the agreement's conditions precedent by 60 days from 3 January 2019 (inclusive), or such longer period as the parties may mutually agree in writing. The extension is to provide additional time to fulfil several conditions precedent of the Tune Hotel KLIA Aeropolis SPA which are still not met as at the date of this announcement. The details of the conditions precedent are set out in the circular to ECMLFG shareholders dated 27 November 2017.

This announcement is dated 27 December 2018.