Re-admission to AIM

India Hospitality Corp.
24 July 2007


For Immediate Release                                             24 July 2007

        India Hospitality Corp. Announces Re-admission to Trading on AIM


New York, NY. - July 24, 2007 - India Hospitality Corp. (LSE: IHC, IHC or India
Hospitality), today announced that its ordinary shares and warrants have today
been re-admitted to trading on the AIM market of London Stock Exchange plc
following the completion of its acquisition of India-based Mars Restaurants
Private Limited (MRPL or Mars), an emerging hotel and restaurant company, and
SkyGourmet Catering Private Limited (SCPL or SkyGourmet), an airline catering
company operating out of four locations in India, in a transaction involving
cash and shares and valued at approximately US $110 million.



About Mars

Mars was incorporated in 2000 by Mr. Sanjay Narang and his management team with
the objective of operating and managing restaurants. Since its incorporation,
Mars has diversified into bakery outlets and operating and managing food courts
and hotels. For the nine months ended December 31, 2006, MRPL had audited
revenues of approximately US $7.2 million. MRPL currently employs over 550
people.



About SkyGourmet

SkyGourmet was incorporated in 2002 and is headquartered in Mumbai. SkyGourmet
currently provides inflight catering services to a number of domestic and
international airlines, including Jet Airways, Kingfisher Airlines, Air India
Express, Indian Airlines, Malaysian Airlines and Air France.   It has operations
in Mumbai, Bangalore, New Delhi and Pune. For the nine months ended December 31,
2006, SCPL had audited revenues of approximately US $11.7 million. SkyGourmet
currently has over 1,150 employees.



About India Hospitality Corp.

IHC is a blank-check company created to acquire Indian businesses or assets in
the hospitality, leisure, tourism, travel and related industries, including but
not limited to hotels, resorts, timeshares, serviced apartments and restaurants.



In August 2006, IHC raised US $103 million in an IPO and private placement and
is listed on AIM, a market operated by London Stock Exchange plc, under the
ticker IHC. The Company was sponsored and advised by Hayground Cove Asset
Management LLC, a New York-based investment management firm with approximately
US $2.8 billion in gross assets under management.





For Further Information Contact:

Investor Relations Contact: ICR Inc.

William Schmitt

203-682-8200



Media Contact: Buchanan Communications

Richard Darby, Isabel Podda, Susanna Gale

[phone]



Nominated Adviser and Broker: Deutsche Bank

Mumtaz Naseem

[phone]



Deutsche Bank AG is authorised under German Banking Law (competent authority:
BaFin - Federal Financial Supervising Authority) and with respect to UK
commodity derivatives business by the Financial Services Authority; regulated by
the Financial Services Authority for the conduct of UK business.  Deutsche Bank
is acting exclusively for IHC and no-one else in connection with the acquisition
and related transactions and other matters referred to in this announcement and
will not be responsible to anyone other than IHC for providing the protections
afforded to clients of Deutsche Bank AG nor for providing advice in relation to
the acquisitions and related transactions or any matter referred to in this
announcement.

Deutsche Bank is IHC's nominated adviser and broker for the purposes of the AIM
Rules for Companies.  Its responsibilities as IHC's nominated adviser and broker
under the AIM Rules for Nominated Advisers are owed solely to London Stock
Exchange plc and not to IHC, any director of IHC or any other person.

No offer or invitation to purchase or subscribe for ordinary shares in or
warrants to purchase or subscribe for ordinary shares or warrants of IHC is
being made by this announcement.






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