India Hospitality Corp. to Announce Preliminary...

India Hospitality Corp. to Announce Preliminary Results for the Fiscal Year 
                             Ended March 31, 2008 
 
    LONDON, June 18 -- India Hospitality Corp.  (LSE: IHC, IHC or India 
Hospitality) today announced that it will release preliminary operating results 
for the fiscal year ended March 31, 2008 on Monday, June 23, 2008.  The company 
expects to release results after the closing bell of the London Stock Exchange 
on June 23.  A conference call will follow at 12:00 PM EDT / 5:00 PM GMT to 
discuss the results for interested investors, analysts and portfolio managers.  
    The preliminary results are intended to give an update on the operating 
business as well as an update to the overall business climate in India.  These 
results will be for the 12-month period ended March 31, 2008 for the acquired 
companies Mars Restaurants Private Limited and SkyGourmet Catering Private 
Limited, respectively.  IHC expects to release audited results for the fiscal 
year ended March 31, 2008 within the coming weeks.  These results will include 
an eight-month stub period for the acquired companies -- acquired in July 2007 
-- as well as 15-month results for IHC.  
    To participate in the conference call, United States callers should dial 
the following number ten minutes prior to the scheduled time: [phone].  
International callers should dial [phone].  This conference call will 
also be webcast live at http://www.indiahospitalitycorp.com in the Investor 
Relations section of the website.  To listen to the live call, please go to 
the IHC website at least fifteen minutes prior to the start of the call to 
register, download and install any necessary audio software.  For those unable 
to participate during the live broadcast, a replay will be available at 3:00 
p.m. EDT on June 23, 2008, through June 30, 2008, at [phone] (United 
States) or [phone] (International); access code - 9793485.  The replay 
will also be available shortly after the call on the IHC website. 
 
    About India Hospitality Corp.: 
    India Hospitality Corporation's mission is to acquire and successfully 
operate 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. 
    IHC operates through two wholly owned subsidiaries, Mars Restaurants 
Private Limited -- an emerging hotel and restaurant company -- and SkyGourmet 
Catering Private Limited, a leading airline catering company.  The companies 
are headquartered in Mumbai and have over 1,700 employees across their 
facilities in India. 
 
    Deutsche Bank AG 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. 
    -0-                             06/18/2008 
    CONTACT:  Investor Relations Contact: William Schmitt of ICR Inc.,  
[phone]; or Media Contact: Harsh Wardhan of Mutual Image & Events 
Management Pvt. Ltd., [phone]; or Nominated Adviser and Broker: Mumtaz 
Naseem of Deutsche Bank AG, [phone] 
    Web site:  http://www.indiahospitalitycorp.com