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HOTEL EXECUTIVE

Mandarin Oriental, Prague Joins Virtuoso Network

. October 14, 2008

HONG KONG, January 31, 2007. Mandarin Oriental, Prague, the Group's newest intimate luxury hotel in the heart of historical Prague, has joined the 'elite Virtuoso luxury travel network.

The announcement comes less than five months after the 99-room hotel opened in September of 2006. Housed in an exceptionally beautiful building that began life as a monastery in the 14th century, the hotel combines its historical surroundings with contemporary elegance and subtle touches of Asian chic. "We are delighted by Virtuoso's invitation to join its ranks," said Clemens Hoerth, the hotel's general manager. "With its authentic architecture and vibrant contemporary atmosphere, Mandarin Oriental, Prague epitomizes the appeal of the destination. We very much look forward to working with Virtuoso members, the travel industry's cr`eme de la cr`eme, and serving their discriminating clients."

Albert Herrera, Vice President of Virtuoso's Hotel & Resort Program said: "Mandarin Oriental, Prague blends European elegance with Mandarin Oriental's world renowned service - the perfect combination for our member consultants and their clientele. Virtuoso has a longstanding relationship with Mandarin Oriental Hotel Group and we are very pleased to welcome the latest jewel in their crown into our Hotel & Resort Program."

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