HAMILTON, Bermuda , October 18, 2012 /PRNewswire/ --
Orient-Express Hotels Ltd. (NYSE:OEH, http://www.orient-express.com) today confirmed that it has received an unsolicited letter from The Indian Hotels Company Limited (IHCL) and certain other members of the Tata group of companies dated October 18, 2012 , and included in IHCL's SEC Schedule 13D/A filing of the same date, with an unsolicited proposal by those parties and a fund controlled by Montezemolo & Partners to acquire all outstanding shares of Orient-Express Hotels Ltd.
The Board of Directors of Orient-Express Hotels Ltd. expects to evaluate the proposal carefully and respond in due course in accordance with the best interests of the Orient-Express Hotels Ltd. and its shareholders.
Contacts:
Martin O'Grady
Vice President, Chief Financial Officer
Tel: +44-20-3117-1333
E: martin.ogrady@orient-express.com
Vicky Legg
Director, Corporate Communications
Tel: +44 20 3117 1380
E: vicky.legg@orient-express.com
SOURCE Orient-Express Hotels Ltd