Industry Update
Press Release 3 April 2014

Henri Chenot to open at One&Only Portonovi Montengro

Health and wellness pioneers Henri Chenot partner with Azmont and One&Only Resorts on first Montenegro location opening 2016

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Kerzner International Holdings

Azmont Investments, the owner and developer of Portonovi, a €500 million luxury development in Montenegro with Europe's first One&Only resort and ultra-luxury residences, announces an exciting new partnership with world-renowned wellness brand, Chenot. Chenot and One&Only Portonovi have teamed up to offer a wellness and vitality centre. Once open in 2016, it will be the first of its kind for the region, offering the Chenot Method range of treatments for complete revitalisation for health-conscious guests.

Mark DeCocinis, President and Chief Operating Officer, One&Only Resorts comments;

"We are very pleased to be working with Henri Chenot and know our guests will truly appreciate the benefits of the Henri Chenot method treatments. We feel Henri Chenot and One&Only are a perfect match for appealing to the desires of our discerning global guests who increasingly seek more options for improving health and wellness while also enjoying the rich and comprehensive holidays we offer at all our properties."

Caroline Chenot, Managing Director of Spas, Chenot comments; "Portonovi's

authentic beauty and unique climate combined with One&Only's supreme elegance and luxury are the perfect setting for guests who want to experience the treatments of the Espace Vitalité Chenot.The spa is organised by departments offering a fully integrated approach that allows our team of spa specialists to tailor the programs for guests' optimal health and well-being."

James Wilson, Managing Director of

Portonovi comments; "Henri Chenot's arrival as part of One&Only Portonovi will enable us to offer both peak and off-season tourism, specifically in the wellness sector. We are delighted to have two widely respected brands team up for the first time as part of the luxury offering at Portonovi."

Located at the most narrow part of the

entrance of the Bay of Boka Kotorska, Portonovi is a 60-acre project commanding an excellent position between mountain and sea, with breath-taking views of the pristine Adriatic coastline. Its inherent natural beauty, characterised by fresh air and mountainous landscape, makes it an ideal location for all year round spa and wellness tourism.

Portonovi marks Azmont's vision to create a '21st Century Riviera'

for Montenegro, putting the destination firmly 'on the map'. Construction is well underway, which will see Portonovi launch as a luxury mixed-use scheme including a 110 bedroom luxury resort operated by One&Only. Approximately 550 luxury residences (some branded One&Only), a 5,000 sqm Henri Chenot destination Espace Vitalite, and an all-season, world class 250 berth marina catering to superyachts.
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One&Only

Created exclusively for the ultra-luxury market, One&Only is conceived as a hallmark of excellence. Set in some of the most beautiful locales in the world, each award-winning resort offers guests a distinctive style and personality borne of its local culture, a genuine hospitality and a lively energy that is unrivalled.
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Other Brands operated by Kerzner
Atlantis

About Kerzner International Holdings Limited

Kerzner International Holdings Limited, through its subsidiaries, is a leading international developer and operator of destination resorts, ultra-luxury hotels and residences and innovative entertainment and gaming experiences. Kerzner's flagship brand Atlantis, includes Atlantis, The Palm, Dubai, a 1,500-room, water-themed resort on The Palm, overlooking the Arabian Sea and mainland Dubai and Atlantis, Sanya Hainan in China, and in development, The Royal Atlantis Resort & Residences in Dubai and Atlantis Ko Olina in Hawaii in the United States. Under the One&Only brand, Kerzner manages some of the most top-rated ultra-luxury resorts in the world, located in Mexico, Mauritius, the Maldives, South Africa, Dubai and Australia. Additionally, Mazagan Beach & Golf Resort, a 500-room destination golf and casino resort in Morocco, is also operated by Kerzner. For more information concerning Kerzner and its operating subsidiaries, visit kerzner.com.

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