Australian Hotels for Sale

InterContinental Hotels Group PLC
04 April 2005

4 April 2005


       INTERCONTINENTAL HOTELS GROUP PLACES  FURTHER HOTELS ON THE MARKET


InterContinental Hotels Group PLC ("IHG") announces that it has today placed a
further ten hotels on the market, located in Australia, New Zealand and Fiji.


The 10 hotels comprise the InterContinental Wellington in New Zealand, three
Crowne Plazas and five Holiday Inns in Australia and a Holiday Inn in Fiji.


This announcement is a continuation of IHG's strategy of growing its management
and franchise businesses and reducing asset ownership. This has so far resulted
in the disposal of 121 hotels with a net book value of £1.77bn, realising
£1.75bn of proceeds, with 106 of the hotels disposed being sold with a
management or franchise contract. In addition to the hotels sold to date, IHG
continues actively to progress the sale of a further 16 hotels previously
announced as being for sale, with a net book value of £360m (excluding the
hotels announced for sale today).


IHG further announces that the investment by Strategic Hotel Capital, Inc in 85%
interests in the InterContinental Chicago and the InterContinental Miami in the
United States, announced on 28th February 2005, has now completed. IHG has
received approximately $287m in cash (before transaction costs) based upon a
total value for both hotels of US$303.5m, $12m in excess of net book value.


Further details of hotels announced for sale today:

Hotel                                                                      Rooms

InterContinental Wellington, New Zealand                                     231
Crowne Plaza Terrigal, Australia                                             196
Crowne Plaza Coogee Beach, Sydney, Australia                                 207
Crowne Plaza Canberra, Australia                                             295
Holiday Inn Potts Point, Sydney, Australia                                   288
Holiday Inn City Centre, Perth, Australia                                    181
Holiday Inn On Flinders, Melbourne, Australia                                200
Holiday Inn Townsville, Australia                                            197
Holiday Inn Melbourne, Australia                                             383
Hi Suva, Fiji                                                                130

Total                                                                      2,308


For further information, please contact:

Investor Relations (Gavin Flynn, Paul Edgecliffe-Johnson):  [phone]
                                                            [phone]
Media Enquiries (Leslie McGibbon):                          [phone]
                                                            [phone]

Notes to Editors

InterContinental Hotels Group PLC of the United Kingdom (LON:IHG, NYSE:IHG
(ADRs)) is the world's most global hotel company and the largest by number of
rooms.  InterContinental Hotels Group owns, manages, leases or franchises,
through various subsidiaries, more than 3,500 hotels and 534,000 guest rooms in
nearly 100 countries and territories around the world. The Group owns a
portfolio of well recognised and respected hotel brands including
InterContinental(R) Hotels & Resorts, Crowne Plaza(R) Hotels & Resorts, Holiday
Inn(R) Hotels and Resorts, Holiday Inn Express(R), Staybridge Suites(R),
Candlewood Suites(R) and Hotel IndigoTM, and also manages the world's largest
hotel loyalty programme, Priority Club(R) Rewards, with more than 24 million
members worldwide. In addition to this, InterContinental Hotels Group has a
controlling interest in Britvic, the second largest soft drinks manufacturer in
the UK.


InterContinental Hotels Group offers information and online reservations for all
its hotel brands at www.ichotelsgroup.com and information for the Priority Club
Rewards programme at www.priorityclub.com.


For the latest news from InterContinental Hotels Group, visit our online Press
Office at www.ihgplc.com/media.


                      This information is provided by RNS
            The company news service from the London Stock Exchange