Company Announcements – November 2006

International Hotel Investment plc

IHI plc announces that it has entered into a Memorandum of Understanding, subject to contract and satisfactory documentation, with each of Corinthia Palace Hotel Company Limited of Malta, and Istithmar Hotels FZE, a global hotel investment firm based in Dubai, the United Arab Emirates. Please click on the above heading to view the official detailed Memorandum.

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Vilhena Funds SICAV plc

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Due to a holiday in the United States of America, no determination of the net asset value and dealing will take place on Friday, 24th November 2006 in the Vilhena Top 100 Fund. Any application for the purchase or sale of shares in the above Fund received at the offices of VFM Ltd for dealing on Friday 24th November 2006, will be dealt on the immediately succeeding dealing day.