Sydney July 2004 - From August 1st meeting planners will experience the ultimate combination of high-tech technology and modern luxury at Sheraton On The Park with the unveiling of the Grand Ballroom, Conference Rooms and the new Executive Meeting Centre �Meetings On 5�, heralding the completion of the hotel�s recent refurbishment.

According to Mr. David Shackleton, General Manager Sheraton On The Park and Senior Vice President and Area Managing Director for Starwood Hotels & Resorts for Australia, New Zealand and Fiji, �This masterful refurbishment was designed to reflect the traditional yet stylish Sheraton brand, and to meet the expectation of discerning business and leisure travellers. It now also reveals Sydney�s newest and most intelligent meeting & function space. We have created an integrated facility that supports today�s high performance culture and growing need for more collaborative meeting environments�.

Sheraton On The Park is one of Sydney�s largest convention hotels and a firm favourite with meeting planners worldwide. The smart design of the new meeting and function space has diversity, connectivity & cutting edge technology. And, further enhancing the Sheraton meeting experience is the launch of a dedicated Executive Meeting Concierge to handle each component of an event so that planners and attendees can focus on what's really important - the agenda.

The hotel�s new Executive Meeting Centre �Meetings On 5�, located on level 5 is comprised of 7 individual boardrooms, breakout areas and unique outdoor Terraces that will cater for up to 40 people. �Meetings On 5� also offers innovatively designed furnishing and d�cor, wireless technology, intelligent lighting with AMX control, built-in audio visual systems discreetly tucked away for convenience, broadband access, custom designed menus and unrivalled support with the Executive Meeting Concierge delivering a more consistent, higher level of service.

Located on Elizabeth Street in the centre of Sydney�s retail and business district, Sheraton on the Park overlooks Hyde Park. The hotel offers easy access to all city attractions and it is a short walk to the city�s best Department Stores and Boutiques, The Australian Museum, NSW Art Gallery, State Theatre, Sydney Opera House and the historic Rocks area. The monorail accessible via skywalk from the hotel provides direct access to Darling Harbour and the Convention Centre.

Sheraton On The Park the hotel has recently been recognised by numerous prestigious awards, including �Best Redeveloped Hotel� by the Australian Hotels Association (NSW), at the annual Awards for Excellence, Conde Nast Travelers Magazine�s Gold List 2003, Conde Nast Travellers 16th Annual Readers� Choice Awards 2003, and Travel + Leisure Magazine �Top 500 Hotels in the World� for 2003.

ENDS

Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 750 properties in more than 80 countries and 110,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchisor of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwood.com

Sheraton On The Park photography can be downloaded in high resolution from www.leonardo.com or www.starwoodarchive.com

Media Contact: Erica Robinson E: erica.robinson@starwoodhotels.com T: +61 (2) 9286 6474