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Mandarin Oriental Completes Sale Of The Mark, New York

17 17 2006

Hamilton, Bermuda: 17th February 2006 - Mandarin Oriental International Limited announced today that its wholly owned entity, Madison Avenue Hotel Partners Limited Partnership, has completed the sale of its 100% leasehold interest in The Mark, New York for a gross consideration of US$150 million paid in cash. The purchaser is Mark Hotel LLC, an entity jointly controlled by Izak Senbahar and Simon Elias. After transaction costs and tax, the post-tax gain arising on the disposal is approximately US$35 million.

Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most prestigious hotels and resorts, currently operating 21 luxury hotels with a further eight under development in Prague, Hainan Island, China and Riviera Maya, Mexico (2006), Boston (2007), Grand Cayman (2008), Chicago, Las Vegas and Macau (2009). In total, Mandarin Oriental now operates, or has under development, approximately 8,500 rooms in 17 countries with 14 hotels in Asia, 11 in the Americas and four in Europe. Mandarin Oriental International Limited is a public listed company and a member of the Jardine Matheson Group.

For further information, please contact:

Mandarin Oriental Hotel Group International Limited

Stuart Dickie (852) 2895 9177

e-mail: stuartd@mohg.com

Jill Kluge 44 (20) 7766 3671

Group Communications - Global e-mail: jillk@mohg.com

Sally de Souza (852) 2895 9160

Group Communications - Asia e-mail: sallydes@mohg.com

Danielle DeVoe 1 (212) 399 3938

Group Communications - Americas e-mail: ddevoe@mohg.com

GolinHarris

Kennes Young (852) 2501 7987

This and other Group announcements can be accessed through the Internet at €˜www.mandarinoriental.com'.