(openPR) - ANA AND IHG ANNOUNCE JOINT VENTURE TO CREATE JAPAN´S LEADING HOTEL GROUP

TOKYO October 23, 2006 - All Nippon Airways (ANA) and InterContinental Hotels Group (IHG) today announced the signing of a hotel operating joint venture to create the leading hotel operating company in Japan.

The joint venture - to be named IHG ANA Hotels Group Japan - will officially commence on 1 December 2006. IHG was selected as ANA´s partner after a highly competitive process. The strength of IHG´s family of brands, robust growth pipeline, international outlook and established operating systems made it the preferred partner for ANA, while ANA´s reputation for high quality standards and service made it an attractive partner for IHG. Both companies share corporate values and strategic objectives, including a focus on China, which will help create a strong platform for a successful long-term partnership.

ANA will sign new management contracts with IHG ANA Hotels Group Japan for its 13 owned and leased hotels (4,943 rooms). These hotels will over time re-brand to one of the three co-brands created for Japan - ANA-InterContinental, ANA-Crowne Plaza and ANA-Holiday Inn. The flagship ANA Hotel Tokyo will be the first to be co-branded in April 2007 as the ANA-InterContinental Tokyo. The remaining 12 hotels will be co-branded over the following 18 months.

For the further information, please refer to the attached explanation.
www.ana.co.jp/eng/aboutana/corporate/ir/pdf/lse/lse_06102...

For further information please contact:

ANA Public Relations
Rob Henderson
Tel:+81 3 6735 1116
E-mail: r.henderson@ana.co.jp

IHG Public Relations
Charles Yap
Tel: +65 9829 0310
E-mail: charles.yap@ichotelsgroup.com

Hill & Knowlton Japan
Minoru Koshida
Tel: +81 3 5768 8400
E-mail: info@hillandknowlton.co.jp

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