IHC Obtains Extension for Its Delhi Air Caterin...

IHC Obtains Extension for Its Delhi Air Catering Unit

    LONDON, April 22 -- India Hospitality Corp. (LSE: IHC, IHC or India 
Hospitality) today announced that it has obtained a contract extension for its 
Delhi Air Catering Unit until March 2011. The contract was originally set to 
expire in March 2009.

    The extension enables SkyGourmet to continue its operations in the
state-of-the-art facility and grow its business from the existing facility,
which was built in March 2007, without incurring any additional capital
expenditures. As a part of the privatization initiative, Delhi International
Airport is currently being remodeled and expanded by a consortium led by GMR
Group, which will position Delhi as the largest airport in India and amongst
the biggest in Asia.

    "We are pleased to extend our relationship with Delhi International
Airport and look forward to its expansion," said Chief Executive Officer Ravi
Deol. "This extension provides additional cash flow visibility for SkyGourmet
and demonstrates that SkyGourmet remains the premier air catering service in
India."

    About India Hospitality Corp.
    India Hospitality Corp. (IHC) is a diversified pan-Indian hospitality and
leisure company. In July 2007, IHC closed on the acquisition from Navis
Capital Partners and its Affiliates of India-based Mars Restaurants Private
Limited, an emerging hotel and restaurant company, and SkyGourmet Catering
Private Limited, an airline catering company with 2,800 employees across its
facilities in India.

    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.


SOURCE  India Hospitality Corp.
    CONTACT: Media, Harsh Wardhan of Mutual Public Relations Ltd.,
[phone]; or Investor Relations, William Schmitt of ICR Inc.,
[phone]; or Nominated Adviser and Broker, Mumtaz Naseem of Deutsche
Bank, [phone], all for India Hospitality Corp.
    (IHC.L)