ternational Juergen Bartels Chairman & CEO Westin Hotels & Resorts Paul Blackney Chairman XTRA On-Line Stephen F. Bollenbach President & CEO Hilton Hotels Corporation James Brown Chief Operating Officer Rosewood Hotels & Resorts Robert H. Burns* Chairman RHB Holdings I.imited Manfred Rosette Chohnum Messe

Marriott Copenhagen 13,719 5,074 - 5.074 (8,645) (12.1%) August 2007 Snissotel Dusseldorf 5.262 9784 - 9.784 4.522 9.3% October 2007 Hilton Hotels Corporation* " 265.269 474,528 300,426 774,954 509,685 16.1% IAN:ember 2007 Fairmont Portfolio''" 44.888 18.592 1.198 19.791 (25.097) (16.7%) Tota