Disposal

InterContinental Hotels Group PLC 04 March 2005 4 March 2005 INTERCONTINENTAL HOTELS GROUP ANNOUNCES SALE OF CROWNE PLAZA AMERICAN HOTEL, AMSTERDAM InterContinental Hotels Group PLC ("IHG") today announces it has sold the Crowne Plaza, American in Amsterdam to The Eden Hotel Group, for Euro 37 million (£25 million), equivalent to net book value. The transaction, a sale of the company which owns the hotel, completed today. Proceeds will be used for general corporate purposes. The Crowne Plaza, American (174 rooms) will leave the IHG system. Further transaction details 1. No tax is payable on IHG's sale of the company which owns Crowne Plaza American. Since Separation in April 2003, including today's announcement, IHG has sold or agreed to sell 48 hotels with proceeds of approximately £750 million. 89 properties remain on the market with a net book value of £1.5 billion. Crowne Plaza American, Amsterdam disposal announced today: 2004e 2003 £m £m Revenue 7.9 7.7 EBITDA 2.4 2.2 EBIT 1.7 1.3 Hotels disposed of or agreed to be disposed of since separation: Hotel Location Rooms IC Austin US 189 IC Central Park South US 208 IC Chicago US 807 IC Houston US 485 IC Miami US 641 IC San Juan Puerto Rico 402 IC Toronto Canada 210 IC Mayfair UK 289 CP Amsterdam Netherlands 174 CP Hilton Head US 340 CP Los Angeles Airport US 613 CP Redondo Beach US 346 CP White Plains US 401 CP Midland Manchester UK 303 CP Vanuatu Vanuatu 140 HI Anaheim US 264 HI Atlanta Airport US 190 HI Memphis US 243 HI South Bend US 229 HI Gatwick Crawley UK 217 HI Middlesbrough/Teeside UK 134 HI Preston UK 129 HI Plymouth UK 112 HI Sheffield West UK 138 HI Swansea UK 106 HI Adelaide Australia 193 HI Darwin Australia 183 HI Newcastle Australia 72 SBS Alpharetta US 118 SBS Anaheim US 143 SBS Atlanta Perimeter US 143 SBS Auburn Hills US 118 SBS Austin US 121 SBS Boston US 133 SBS Burlington US 141 SBS Carmel Mountain US 116 SBS Charlotte US 117 SBS Columbia US 118 SBS Denver US 115 SBS Eatontown US 131 SBS Fort Lauderdale US 141 SBS Houston Galleria US 93 SBS Myrtle Beach US 119 SBS Portland US 117 SBS San Antonio US 118 SBS Sorrento US 131 SBS Toronto Markham Canada 120 Posthouse Epping UK 79 Total 48 10,190 For further information, please contact: Investor Relations (Gavin Flynn, Paul Edgecliffe-Johnson): +44 (0) 1753 410 176 +44 (0) 7808 098 972 Media Enquiries (Leslie McGibbon): +44 (0) 1753 410 423 +44 (0) 7808 094 471 Notes to Editors InterContinental Hotels Group PLC of the United Kingdom (LON:IHG, NYSE:IHG (ADRs)) is the world's largest hotel company by number of rooms. InterContinental Hotels Group franchises, manages, leases or owns, through various subsidiaries, more than 3,500 hotels and 536,000 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 program, Priority Club(R) Rewards, with more than 23 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. 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
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