Temple Hotels Inc. announces resignation of Executive Vice President

WINNIPEG, July 16, 2013 /CNW/ - Temple Hotels Inc. ("Temple") (TSX: TPH) today announced that, following his resignation as Chief Investment Officer of Shelter Canadian Properties Limited ("Shelter"), Mr. Douglas Wells will resign from his position as Executive Vice President of Temple, effective August 15, 2013. The services of Mr. Wells as Executive Vice President were provided pursuant to the asset management agreement entered into between Temple and Shelter.

Mr. Wells will remain a Director of Temple.

Temple thanks Mr. Wells for his contributions as an officer of Temple over the past nine months.

Temple is a real estate investment company listed on the Toronto Stock Exchange under the symbols TPH (common shares), TPH.DB.C, TPH.DB.D, TPH.DB.E and TPH.DB.F (convertible debentures).  The objective of Temple is to provide shareholders with stable cash dividends from investment in a diversified portfolio of hotel properties and related assets.  For further information on Temple, please visit our website at www.templehotels.ca.

The Toronto Stock Exchange has not reviewed or approved the contents of this press release and does not accept responsibility for the adequacy or accuracy of this press release.

SOURCE: Temple Hotels Inc.

For further information:

Arni Thorsteinson, Chief Executive Officer, or Gino Romagnoli, Investor Relations
Tel: (204) 475-9090, Fax: (204) 452-5505, Email: info@templehotels.ca


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