Far East Hospitality Trust Reduces Management Fees Payable To The REIT Manager

March 25, 2020- FEO Hospitality Asset Management Pte. Ltd., as manager of Far East Hospitality Real Estate Investment Trust (“Far East HREIT”) and FEO Hospitality Trust Management Pte. Ltd., as trustee-manager (the “Trustee-Manager”, and collectively with the REIT Manager, the “Managers”) of Far East Hospitality Business Trust (“Far East H-BT”), wish to announce that with effect from 1 January 2020, there will be a reduction in the management fees payable to the REIT Manager that will benefit the stapled securityholders of Far East Hospitality Trust (“Stapled Securityholders” and the trust, “Far East H Trust”), a stapled group comprising Far East H-REIT and Far East H-BT.

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