LANGHAM HOTELS INTERNATIONAL PARTNERS WITH DELTA AIR LINES®

(Hong Kong – June 2005) ----- Langham Hotels International announces its exciting new partnership with Delta Air Lines to offer value-added frequent flyer mileage benefits for members who stay at Langham Hotels International worldwide.

Delta SkyMiles members will earn Delta Skymiles® when staying in any of the 4,700 rooms across Langham's portfolio of Hotels in six gateway cities including Hong Kong, London, Boston, Toronto, Melbourne and Auckland. SkyMiles members will receive 500 miles per night, up to a maximum of 1,500 per stay.

‘We are delighted to be a partner with Delta Air Lines, one of the leading airlines of the world with a very extensive member base. Our strategic partnership with Delta will definitely enhance the presence of Langham Hotels International in the US market, which represents 20% of our total business, and we look forward to joint marketing initiatives that will add value to Delta SkyMiles members.” said Brett Butcher, Senior Vice President – Sales & Marketing of Langham Hotels International.

“Delta is pleased to add Langham Hotels to its growing group of luxury hotel partnerships,” said Jeffrey Robertson, Delta's director of SkyMiles Loyalty Program. “Our customers are accustomed to and deserve reciprocal benefits from global premium partners like Langham.”

Langham Hotels International now has partnerships with several leading airlines with the total number of Frequent Flyer Programme members able to earn mileage benefits at our hotels through global partnerships at over 43 million worldwide

All SkyMiles program rules apply. To review the rules, please visit delta.com/skymiles. Delta, SkyMiles, and the Delta logo are registered service marks of Delta Corporate Identity, Inc. Offer void where prohibited by law. Other restrictions may apply.

Background Notes

Langham Hotels International (LHI) is a dynamic, modern hospitality ownership and management company which operates the luxury Langham Hotels brand and other hospitality interests in prime locations within Hong Kong and overseas.

LHI is wholly owned by the publicly listed Great Eagle Holdings Limited (HKSE: 41), which was founded in 1963 and was listed on the Hong Kong Stock Exchange in 1972.

The Great Eagle Group is one of Hong Kong's leading property and hotel companies. Headquartered in Hong Kong, the Group develops, invests in and manages high quality office, retail, residential and hotel properties in Hong Kong, North America, Europe, Australia and New Zealand. Its commercial property holdings include 2.36 million square feet of Grade – A office space in the prime commercial districts of Hong Kong. In the United States, it owns three office buildings with a total floor area of 685,000 square feet.

In the fourth quarter of 2004, the Group opened Langham Place, a 1.8 million square feet complex in the prime shopping district of Mongkok, Hong Kong. It consists of a 600,000 square feet shopping mall, a 770,000 square feet intelligent office tower and the five-star Langham Place Hotel, Mongkok, Hong Kong.

LHI's extensive international hotel portfolio currently comprises eight properties with over 4,760 rooms in six gateway cities across the four continents, namely, London, Boston, Hong Kong, Toronto, Melbourne and Auckland.

In Hong Kong, LHI owns, manages and operates the luxury 490 – room Langham Hotel, Hong Kong, the all new 665 – room five-star Langham Place Hotel, Mongkok, Hong Kong, and the newly refurbished four-star 468 – room Eaton Hotel Hong Kong. Internationally, it owns and operates four luxury hotels, including the 429 – room Langham Hotel, London, the 325 – room Langham Hotel, Boston, the 387 – room Langham Hotel, Melbourne, the 410 – room Langham Hotel, Auckland. In Canada, LHI owns and asset manages the four-star 1,590 – room Delta Chelsea Hotel , Toronto.

Under the ownership and management of LHI, five Langham Hotels, namely the Langham Hotel, London, the Langham Hotel, Boston, the Langham Hotel, Hong Kong, the Langham Hotel, Melbourne and the Langham Hotel, Auckland, are accredited by the prestigious “The Leading Hotels of the World” being some of the world's finest luxury hotels.

LHI's Hong Kong portfolio also comprises three Eaton House furnished apartment buildings and two Yat Tung Heen Chinese Restaurants.

About Delta Air Lines and the SkyMiles Program

Delta is the world's second-largest airline in terms of passengers carried and the leading U.S. carrier across the Atlantic, offering daily flights to 503 destinations in 89 countries on Delta, Song, Delta Shuttle, the Delta Connection carriers and its worldwide partners. Delta's marketing alliances allow customers to earn and redeem frequent flier miles on more than 14,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flight and services. For more information visit www.delta.com.

For information of Langham Hotels International, please visit www.langhamhotels.com

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