The Rezidor Hotel Group utilizes part of repurchase authorization Following the authorization of the Annual General Meeting 2008 to repurchase shares to the extent that the company's holding of its own shares following the acquisition at the most reaches one-tenth of all shares in the company, Rezidor's Board of Directors has decided to use up to 5 MEUR to buy back the company's own shares. Acquisitions will be made on the Stockholm Stock Exchange (Stockholmsbörsen) at a price that falls within the registered share price range at the time. Acquisitions can be made from July 25, 2008 until the Annual General Meeting 2009. However, no acquisitions will be made during the 30-day period prior to the public release of quarterly reports, including the date of release. The company releases the Q3 results on November 3, 2008. Rezidor currently holds 1,970,200 of its own shares. The total number of Rezidor shares currently in issue is 150,002,040. For further information, please contact: The Rezidor Hotel Group Per Blixt, Senior Vice President Investor Relations & Corporate Communications, Tel. +32 477 760 267, Per.Blixt@Rezidor.com About the Rezidor Hotel Group: The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolio of more than 340 hotels in operation and under development with more than 71,000 rooms in 53 countries. Rezidor operates the brands Radisson SAS Hotels & Resorts, Regent Hotels & Resorts, Park Inn and Country Inns & Suites in Europe, Middle East and Africa, along with the goldpoints plusSM loyalty programme for frequent hotel guests. Rezidor has signed a worldwide license agreement with the Italian fashion house Missoni, in order to develop and operate a lifestyle hotel brand of the same name: Hotel Missoni. In November 2006, Rezidor was listed on the Stockholm Stock Exchange. With 42%, Carlson Companies is the main shareholder. The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium. For more information on Rezidor, visit www.rezidor.com.