Koreas Seoul Palace Hotel, will join WORLDHOTELS as a First Class Collection affiliate from 1 January 2010.

The upscale 4-star hotel has a prime location near the COEX, a world-class exhibition and convention venue in Gangnam, Seoul's business and financial hub. It overlooks the Han River and is conveniently located next to the Express Bus Station and subway station.

Seoul Palace Hotel opened in 1982 and has remained competitive through continuous renovation and outstanding service, including a recent contemporary design renovation of all public areas, restaurants and ballrooms.

It features 280 elegant rooms and suites, which are all being refurbished from next year to 2012, including a traditional Ondol suite.

Dining and entertainment includes two signature restaurants the authentic Kyoto-style Ta Bong Japanese restaurant and Suh Goong Chinese Restaurant, specialising in spicy Sichuan cuisine plus international buffet The Goong, lounge style bar TWOTONE and a bakery-CozyBox.

Eleven private dining rooms and banquet halls accommodate from 10 to 1,000 guests for all leisure and business needs.

Extensive leisure facilities include a health club, Finland-style sauna, sports massage center, indoor golf driving range and outdoor jogging track around the hotel.

As the hotel business motto implies, Seoul Palace takes meticulous care in service, treating guests and welcoming back regular customers like family, said Roland Jegge, Vice President for WORLDHOTELS Asia Pacific.

Rates are highly competitive and banqueting facilities for the MICE market are extremely flexible and impressive.

Seoul Palace General Manager Mr. Jhong-Bae Lee added We consider our personal service and convenient location our greatest assets. We look forward to extending our hospitality worldwide through our partnership with WORLDHOTELS' state-of-the-art distribution and global marketing network."

Seoul Palace Hotels address: 63-1, Banpo-Dong, Seocho-Gu, 137-804 Seoul

Ends

Note to editors:

About WORLDHOTELS WORLDHOTELS is an exclusive collection of the world's most unique independent hotels. Under the banner "Unique Hotels for Unique People", it now has almost 500 affiliate properties in more than 300 destinations and 70 countries worldwide.

For nearly 40 years, the company's mission has been to offer business and leisure travellers easy access to a wide range of accommodation options with a strong emphasis on hotels of character and distinction

WORLDHOTELS' guests benefit from an extensive portfolio of partnerships, including frequent flyer programmes from 18 of the world's leading international airlines, including Air France/KLM, United Airlines, Cathay Pacific and Lufthansa.

Through state-of-the-art distribution and technology and global marketing campaigns, WORLDHOTELS gives independent hotels the collective strength of a strong, global hotel brand whilst still allowing them to retain their strong individual character and unique identity.

ASIA PACIFIC Reservation Numbers: Australia Toll free: 1-800-55 35 49 For groups: 61-2-90 06 10 88 China (North) Toll free: 10-800-650-8221 For groups: 10-800-6 50 00 87 China (South) Toll free: 10-800-2 65 82 21 For groups: 10-800-2 65 00 87 Hong Kong Toll free: 800-96 85 63 For groups: 800-90 85 95 India Toll free: 000-800-6 50 11 60 For groups: 65- 62 27 55 35 Japan Toll free: 0120-55 75 37 For groups: +81 3 67 21 81 41 Malaysia Toll free: 1-800-80 11 84 For groups: 1-800-80 15 86 New Zealand Toll free: 0-800-44 75 55 For groups: 61-2-90 06 10 88 Philippines Toll free: 1-800-16 51 01 67 For groups: 65 62 27 55 35 Singapore Toll free: 1-800-2 27 66 26 For groups: 65- 62 27 55 35 South Korea Toll free: 080-747-10 00 For groups: 82-2-756 90 00 Taiwan Toll free: 00801-65 10 95 For Groups: 00801 651 423 Thailand Toll free: 001-800-65 66 04 For groups: 65 62 27 55 35

For further information visit worldhotels.com.

Issued on behalf of WORLDHOTELS by Grebstad Hicks Communications.

For further information, please contact:

Grebstad Hicks Communications Ms. Carol Kong Tel: 852 2810 0532 E-mail: carol.kong@ghcasia.com

WORLDHOTELS Mr. Roland Jegge Tel: 65 6227 5535 E-mail: rjegge@worldhotels.com