EIH Ltd

EIH Ltd has informed about the following:

"Mr. P R S Oberoi, Chairman of EIH Ltd ("EIH") on September 26, 2007 has announced that EIH had decided to terminate its strategic alliance for marketing and co-branding with Hilton International Co ("Hilton") for the "Trident Hilton" brand in India.

Mr. Oberoi advised that EIH had given notice to Hilton of its decision to take effect from March 31, 2008.

In consequence, the existing "Trident Holton" hotels in Gurgaon, Agra, Jaipur, Udaipur, Bhubaneshwar, Chennai and Cochin will be rebranded "Trident" hotels effective April 01, 2008.

The Hilton Towers in Mumbai will also be rebranded as "Trident Towers" effective April 01, 2008.

Mr. Oberoi said that EIH wished to independently pursue the development of its "Trident" brand in India and could not do so and maintain the Hilton alliance at the same time.

Mr. Oberoi said:

"The outlook for our Trident brand in India is excellent.

We are very confident that our Trident Hotels will continue to expand successfully.

The Trident in Gurgaon has enjoyed a position of market leadership in Delhi from the day it opened.

Our new 440 room Trident located at Bandra Kurla in Mumbai will open in 2008 and is expected to be a market leader in north Mumbai.

We have new Trident hotel projects committed at the new International Airport in Bangalore and at the Hitech City, Hyderabad.

We have a number of opportunities for new Trident hotels in other cities which we are pursuing."