SHERATON XIAMEN HOTEL, CHINA

Xiamen, located on Southeastern Coast of Fujian Province, is one of the first four Special Economic Zones (SEZ) and also one of the most important ports for international trade and cross-straits trade in China. The city is full of unique building architecture blending both modern and 19th century European flavour and has a history dating back 3000 years. Xiamen is also the commercial, cultural and academic centre of Fujian Province, where two nationwide investment promotion events are held annually � the China International Fair for Investment and Trade (CIFIT) and the China Xiamen Machinery and Electronics Exhibition.

Sheraton Xiamen Hotel�s entry into this city brings a new era of Xiamen hotel industry as there has not been any international hotel group operating in this coastal city since 1997. This is also the first hotel in Xiamen that is managed by a 5-star international hotel chain.

Owned by Xiamen Fuchun Orient Hotel Co. Ltd.(a subsidiary hotel Industry Group of Hangzhou Steel Group), the brand new Sheraton Xiamen Hotel is scheduled to open in the 3rd quarter of 2005.

The hotel features a total of 360 spacious guestrooms including Executive Club Rooms and 48 suites of contemporary design. The extensive facilities and services include a contemporary Pan-Asian buffet and A La Carte restaurant, an elegant Cigar Bar, a Lounge bar and a Pool bar; a 600-square-metre ballroom and 6 additional meeting rooms; an internationally managed Spa; a 24-hour business centre to cater to all our business travellers needs and retail stores. Various kinds of health and recreational facilities make Sheraton Xiamen Hotel the latest and most modern hotel in Xiamen. Wireless broadband internet access is available in most public areas of the hotel.

Sheraton Xiamen Hotel is centrally located in the new commercial and business district of Jiangtou, Xiamen, with large multi-national companies nearby. It is just 10 minutes drive from Xiamen International Airport and the Xiamen Railway Station; 15-20 minutes to downtown Xiamen, the International Exhibition Centre and the Ferry Terminal of Gulangyu and 30 minutes away from Nanputuo Temple, one of the oldest temples in China and Jimei School Village, which was founded by the famous Chinese philanthropist from Singapore, Mr Tan Kah-Kee. It also has a magnificent view of the grounds and garden of the Jiangtou Park. Within walking distance from the hotel, lies three of Xiamen's largest retail malls where the latest fashionable goods can be found.

Sheraton Xiamen Hotel will lead the way for hotel industry in Xiamen! Come and experience the warmth and courteous service of Sheraton Xiamen Hotel.

For further information, please contact:

Fiona Chen Marketing Communications Manager Sheraton Xiamen Hotel Pre-Opening Office 386-1 Jiahe Road Xiamen, Fujian 361009, P.R.China

Tel : (86-592) 552 5888 Fax : (86-592) 553 9088 E-mail: fiona.chen@sheraton.com