Lemon Tree Hotels Ltd - Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Dear Sir<BR> <BR> With reference to the captioned subject, we are pleased to announce the opening of the fifth hotel in Goa, 'Lazy Lagoon - A Lemon Tree Resort'. The resort is located in the heart of the vibrant North Goa area, offering alluring views of the Baga River and Creek and features 44 well-appointed rooms, multi-cuisine restaurant - Citrus Caf, a bar, meeting and conference spaces, a swimming pool, a well-equipped fitness center etc. <BR> <BR> The Resort shall be managed by Carnation Hotels Private Limited, a subsidiary and the hotel management arm of Lemon Tree Hotels Limited.<BR> <BR> Please find attached herewith the copy of the press release.<BR> <BR> Further, it is informed that the Term of Franchise Agreement for the Keys Prima Hotel, Parc Estique, Pune has been completed today and this 115 Room Hotel is no long part of Lemon Tree Hotels Portfolio. <BR> <BR> Please take the above intimation on record.<BR>