General Hotel Management Limited (GHM), a market leader in stylish luxury hotel development and management, has announced that it will discontinue management of The Chedi, Phuket under a mutual agreement with the owning company Surin Bay Company Limited with effect from September 2009. As part of the agreement, the hotel will still continue to use the name The Chedi Phuket for another year and the staff, who are directly employed by the owning company, will remain unchanged.

�GHM has managed this hotel since 1995 and its success has helped us expand The Chedi brand globally. We wish the property and its owners every success in the future,� said Hans R Jenni, President and Director of GHM.

Under GHM�s management, the resort which is located on Phuket�s Pansea Beach, received many accolades including being voted No. 2 Best Overseas Leisure Hotel in Asia & The Indian Subcontinent and No. 13 of the World's Top 100 in the 2007 Conde Nast Traveller Reader�s Travel Awards. In 2008, The Chedi was No. 2 in the World�s Top 100 Hotels and 1st Runner Up in Overseas Leisure Hotels for Asia and Indian Subcontinent from Conde Nast Traveller UK. Also in 2008, The Chedi Phuket was also listed by Travel + Leisure Australia & New Zealand as one of the top �100 Best Holiday Discoveries�.

GHM also has another Phuket project currently under development. The Yamu, featuring interior design by Philippe Starck and architecture by Jean-Michel Gathy from Denniston, is a 32-acre resort and villa development located on a private peninsula on Phuket�s scenic east coast, approximately 25 minutes from Phuket International Airport.

GHM is a proven market leader in conceptualizing, developing and operating a selection of exclusive hotels and resorts worldwide. It manages a portfolio of highly regarded and award-winning hotels including The Setai in Miami, The Datai in Langkawi, The Nam Hai in Hoi An, The Legian in Bali, The Strand in Yangon, as well as The Chedi hotels in Muscat, Bali and Chiang Mai.

Note to Editors:

About GHM

Established in 1992, General Hotel Management Ltd (GHM) is a market leader in conceptualising, developing and operating an exclusive group of hotels and resorts worldwide. With an expansive portfolio and several more in the pipeline, GHM prides itself in providing guests with a distinctive lifestyle experience that is unrivalled. Each GHM hotel or resort is one of a kind, possessing distinctive concepts and design elements. The signature GHM style is best defined as Asian-inspired designs with delicate details.

GHM�s portfolio of properties comprises The Setai, The Datai, The Legian, The Club at The Legian, The Nam Hai, The Strand, Carcosa Seri Negara, The Ananti, The Club at The Saujana, The Saujana, The Andaman, The Chedi Club at Tanah Gajah � Ubud, The Chedi - Muscat, and The Chedi - Chiang Mai. The Company provides a full range of hotel management services. For more information about the company, please visit www.ghmhotels.com

For more information, please contact:

Luci Pickett or Carol Kong Grebstad Hicks Communications Hong Kong Tel: (852) 2810 0532 Fax: (852) 2525 7972 Email: luci.pickett@ghcasia.com / carol.kong@ghcasia.com