R C North steps down as CEO

InterContinental Hotels Group PLC
15 September 2004

15th September 2004

InterContinental Hotels Group PLC announces that Richard North will be stepping
down as Chief Executive



The Board of InterContinental Hotels Group PLC announces that by mutual
agreement Richard North will be stepping down as Chief Executive and as a
Director at the end of September 2004.

Richard North has been Chief Executive of InterContinental Hotels Group PLC
since October 2002.  He has managed the Group during its early life as a
separate company, successfully leading the demerger from Six Continents, the
reorganisation of the business, the strengthening of the management team and the
setting of a new strategic direction.   The priority for the business has
centred on reducing capital intensity but now our future is increasingly focused
on growing our global brands in a predominantly managed and franchised hotel
system.  The execution of this strategy needs different leadership skills based
on brand development and operations.  A search is underway for a successor and
an appointment will be made as soon as possible.  In the meantime David Webster,
the non-executive Chairman, will take on the role of interim Chief Executive.



David Webster, Chairman, said:

"We are grateful to Richard North for leading InterContinental Hotels Group PLC
during its early life as a new and separate company.  He was the right man for
the role and has achieved notable success.  He goes with our good wishes and
thanks.

"We believe that this is the right time to make this change.  It will not in any
way affect our core strategy.  In fact, it reinforces it.

"The group is in good shape and we reported strong Interim Results last week
fully in line with market expectations.

"As interim Chief Executive I inherit from Richard North an excellent team
including three strong Regional Presidents, Steve Porter, Richard Hartman and
Patrick Imbardelli, a respected Chief Financial Officer, Richard Solomons, and
three talented heads of functions Peter Gowers of Global Brand Services, Jim
Larson of Human Resources, and Richard Winter of Corporate Services."



Richard North said:

"It has been a great privilege to lead this company during the last two years.
We endured a difficult period early on and have made excellent progress
executing the strategy which I established at the outset.  The re-organisation
of the company was completed last year and the senior management team greatly
strengthened.  We cut costs and capital expenditure and we have begun the
radical reduction in capital intensity.  As of today we have sold, or are in the
process of selling, over £2.2bn of assets at book value and we have announced
returns to shareholders which, when completed, will total £1bn.  Finally, our
trading performance is markedly improved with an 86% increase in earnings per
share at the interim stage.  All this is reflected in the progress of our share
price, which is up from 372 pence on the first day of trading to 620.5 pence
last night.

"It is now only a matter of time before the company becomes one predominantly
about brands, franchising and management.  I would have loved to continue to
manage InterContinental Hotels Group PLC as it evolves to become the world's
leading hospitality brand owner.  But I recognise that someone else whose whole
business background has been developing and managing brands may be better placed
to ensure the company achieves this vision and creates maximum value for
shareholders.  I am therefore leaving InterContinental Hotels Group PLC and wish
it, our owners and partners around the world and our fantastic employees all the
best for the future."



For further information, please contact:

David Webster, Non-Executive Chairman,                [phone]
InterContinental Hotels Group

Fiona Antcliffe, Brunswick Group                      [phone]

Nigel Prideaux, Brunswick Group                       [phone]



Note 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 538,000 guest rooms in
nearly 100 countries and territories around the world (www.ichotelsgroup.com).
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 has a controlling
interest in Britvic, the second largest soft drinks manufacturer in the UK.

InterContinental Hotels Group offers information and reservations capability on
the Internet - www.intercontinental.com for InterContinental Hotels & Resorts,
www.crowneplaza.com for Crowne Plaza Hotels & Resorts, www.holiday-inn.com for
Holiday Inn Hotels & Resorts, www.hiexpress.com for Holiday Inn Express hotels,
www.staybridge.com for Staybridge Suites hotels, www.candlewoodsuites.com for
Candlewood Suites hotels, www.hotelindigo.com for Hotel Indigo properties and
for the Group's rewards programme, www.priorityclub.com.


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