In April 2008 the M�venpick Resort & Thalasso Crete opened for business and the final part of its extension work has now also been completed: the holiday resort now features additional 59 exclusive bungalow rooms and suites as well as the �Peitho� restaurant for fine dining.

The elegant bungalow rooms, studios and suites all welcome guests with light colours, generous dimensions and a modern Mediterranean design concept. All bungalows are not only equipped with state-of-the-art technology, including flat screen TVs, but command a unique view of the sea. Seven units even include a private pool. In addition, there is a separate swimming pool for the exclusive use of bungalow guests. Including the bungalow accommodation, M�venpick Resort & Thalasso Crete now offers a total of 285 rooms and suites.

The fine dining restaurant �Peitho� which boasts a cosy terrace was also inaugurated recently. Its elegant furnishings and spectacular views of the Aegean Sea make for a romantic atmosphere. Grilled fish and exquisite meat dishes are prepared right in front of the guests in the open show kitchen. All in all, three restaurants � the �Estia� with its comprehensive buffets, the �Taverna� with its Greek specialities, and the new �Peitho� fine dining restaurant � provide now a wealth of gastronomic possibilities.

�Our hotel is already very well established on Crete, and we are very pleased with our start here�, says Brigitte Rohling, General Manager M�venpick Resort & Thalasso Crete. �With these latest additions, our guests will be able to enjoy wider choice and increased privacy.�

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M�venpick Hotels & Resorts, an upscale hotel management company with 12,000 employees, is represented through over 90 hotels existing or under construction in 26 countries with a concentration in its core markets of Europe, Africa, the Middle East and Asia. The international hotel group with roots in Switzerland is expanding and has a stated objective of increasing its hotel portfolio to 100 by the year 2010. With two hotel types, business and conference hotels, as well as holiday resorts, M�venpick Hotels & Resorts has clearly positioned itself in the upscale segment. The hotel group stands for uncompromising product and service quality and is owned by M�venpick Holding (66.7%) and the Kingdom Group (33.3%).

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Alain Gozzer Director of Public Relations

M�venpick Hotels & Resorts Management AG Flughofstrasse 61 8152 Glattbrugg, Switzerland Phone +41 44 828 41 44 Fax +41 44 828 40 10 E-Mail: alain.gozzer@moevenpick.com www.moevenpick-hotels.com