Four Seasons Hotels and Resorts Sign Reservation Services Agreement with TRUST International

"We are pleased to announce our partnership with TRUST International after completing a very thorough review of all multi-lingual voice reservation providers," said Susan Helstab, , Senior Vice President, Corporate Marketing, Four Seasons Hotels and Resorts. "After visiting all the sites, numerous test calls and conferring with their clients, TRUST stood out as the premier provider of voice reservation services for luxury hotels."

"Our continued focus on providing the highest degree of service, backed by the finest technology available, has once again been validated by Four Seasons selecting TRUST," said Dr. Peter Agel, Managing Director of TRUST International. "With hotels like Mandarin Oriental Hotel Group, Swissotel, Preferred Hotels & Resorts, Kempinski Hotels & Resorts, etc. in over 18 countries, our partnership will support Four Season's worldwide locations with an exceptional quality of service."

TRUST International, a joint venture of the media giant Bertelsmann and SRS-WORLDHOTELS, develops and implements a state-of-the-art central reservation system, providing tailor-made, real-time reservations and global distribution solutions for the hospitality industry. TRUST services provide solutions that seamlessly connect hotels and bookers worldwide, including private label telephone lines, connectivity to all Airline Reservation Systems and to various web sites and Internet platforms. TRUST's philosophy: offer four and five star hotels distinguished service commensurate with their select guests. TRUST maintains four offices worldwide including headquarters in Frankfurt and the Americas office in Orlando, Florida. Among TRUST's clients are some 1,300 hotels at 685 destinations in 95 countries. For more information call TRUST at 407-677-3198; email at [email protected] or visit the website www.trustinternational.com

Four Seasons Hotels and Resorts is the world's leading operator of luxury hotels and currently manages 48 properties in 20 countries, primarily under the Four Seasons and Regent brand names. Four Seasons Hotel Cairo at The First Residence opened May 1, 2000 as the company's first property in the Middle East. Additionally, Four Seasons second vacation ownership development, Four Seasons Resort Club Scottsdale at Troon North, opened its first phase in April 2000. Other hotels poised to enter the market in 2000 include Dublin, Ireland; and Caracas, Venezuela. 1999 marked the opening of properties in Las Vegas, Nevada; Punta Mita, México, with a vacation ownership development opening in 2001; London at Canary Wharf, England; Paris, France; and Scottsdale, Arizona. While most hotels bear the respective names of Four Seasons or Regent, some do not, including The Ritz-Carlton in Chicago and The Pierre in New York. Four Seasons Hotels Inc. is traded on the New York Stock Exchange under the ticker symbol FS and the Toronto Stock Exchange under the ticker symbol FSH. Information on the company can be accessed through the Four Seasons web site at www.fourseasons.com.