RNS Number:0292J
Millennium & Copthorne Hotels PLC
21 March 2003


21 March 2003

                       MILLENNIUM & COPTHORNE HOTELS PLC


Millennium & Copthorne Hotels plc notes the announcement made this morning on
the Singapore Stock Exchange by City Developments Limited which we reproduce
below:


CITY DEVELOPMENTS LIMITED

Increase of shareholding in a subsidiary

The Company wishes to announce that its deemed interest in subsidiary,
Millennium & Copthorne Hotels plc ("M&C"), held through its wholly-owned
subsidiaries, Singapura Developments (Private) Limited and Reach Across
International Limited, has increased to 147,935,025 shares or 52.3% of M&C's
issued and paid up capital through the acquisition of 150,000 shares in M&C by
City e-Solutions Limited, a subsidiary of the Company.

The aforesaid shares were purchased on cash terms in the open market for a total
consideration of GBP292,249.50 at a price of GBP1.94833 per share.


                                      End


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