Kosmopolito Hotels International Limited (“KHI”) today announced that Mr. Mok Kwai Pui, Bill, an Executive Director of KHI, will be re-designated as a Non-Executive Director of KHI and will cease to hold the office of the President of KHI with effect from 1 November 2011. KHI further announced that Ms. Chiu Wing Kwan, Winnie, an Executive Director of KHI, will be appointed as the President of KHI with effect from 1 November 2011.