Company Announcement – December 2006

International Hotel Investments plc

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IHI plc announces that with effect from 5th December 2006, Mr Giuseppe Sita has been appointed Director. Mr Giuseppe Sita is the Chief Executive Officer of Istithmar Hotels and has over 25 years experience in financial, operational and development positions within the hospitality industry, gained with organizations such as Carlston, Accor and Southern Pacific Hotel Corporation. Please click on the above heading for further details.