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Rocco Forte Hotels Will Lease from Frankonia Eurobau
AG & Co.KG a Euro 71.5 million Hotel with 160
Rooms Under Constuction in Munich

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16 May 2005 - Sir Rocco Forte was in Munich on Friday (13 May) to help lay the foundation stone for the Lenbach Gärten site, at the heart of which a new luxury Rocco Forte Hotels property will be built. Frankonia Eurobau AG & Co.KG is funding and managing the construction of the hotel, which - when completed - will be leased to Rocco Forte Hotels.

Lenbach Gärten is located in the heart of the Bavarian city, close to both the commercial and shopping districts, yet on the edge of the Botanical Gardens, thus providing guests with peace and tranquillity. The site comprises office buildings, exclusive loft apartments, a small square and a few retail outlets. Construction is due to finish in spring 2007.

The eight-storey, Euros 71.5 million hotel will have 160 rooms, including 28 suites, as well as a restaurant with two private dining rooms, a bar, a health centre with gym, swimming pool, sauna and treatment rooms, and eight meeting rooms, including a ballroom that will accommodate almost 400 people for a cocktail reception. Olga Polizzi, Rocco Forte Hotels Director of Design, will oversee the styling of the hotel's interiors.

Sir Rocco Forte, Chairman and Chief Executive of Rocco Forte Hotels, said: "We are delighted to have a property under construction in the historic, cosmopolitan city of Munich and are very pleased to be working with Frankonia in the creation of what will become the city's No.1 hotel.

"The hotel here fits perfectly with our plan to build a luxury collection of hotels in the key cities of Europe, three of which are in Germany. Once finished, I believe the hotel will be the most stylish and best-located property in Munich."

The Rocco Forte Hotels currently under development in Germany are Villa Kennedy in Frankfurt, Hotel de Rome in Berlin and the property in Munich, which has yet to be named. Once complete, the hotels will give Rocco Forte Hotels a prominent position in the luxury hotel market in Germany.

Rocco Forte Hotels was established in 1996 to create a collection of luxury hotels in Europe. The hotels have individual styles, with each hotel reflecting its nationality and location. The collection is linked together under the Rocco Forte Hotels brand, which guarantees attention to detail, quality and service delivery.

Current hotels within the Rocco Forte Hotels collection are:
-Hotel de Russie, Rome
-Hotel Savoy, Florence
-The Balmoral, Edinburgh
-The St David's Hotel & Spa, Cardiff
-The Lowry Hotel, Manchester
-Hotel Astoria, St Petersburg
-Hotel Amigo, Brussels
-Le Richemond, Geneva
-Brown's Hotel, London (closed for refurbishment, due to re-open September 2005)
-Château de Bagnols, en Beaujolais (managed on behalf of Lady Hamlyn)

Future openings:

Villa Kennedy, Frankfurt - 2006
Hotel de Rome, Berlin - 2006
Verdura Golf & Spa Resort, Sicily - 2007
Munich, 2007

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Contact:

    ROCCO FORTE HOTELS
Sue Heady
Head of Media Relations
Savannah House, 11 Charles II Street
London SW1Y 4QU
Tel: 020 7766 3107
Email: sueheady@rfhotels.com
www.roccofortehotels.com

Also See: Rocco Forte Commences US$28.48 million Renovation of Brown's Hotel, London / June 2004
Rocco Forte Hotels and Bank of Scotland Acquire Le Richemond in Geneva for $79.3 million; Plans to Refurbish and Extend the Hotel to 125 rooms / July 2004


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