In order to mark the opening of the Corinthia Grand Hotel Royal in Budapest, IHI, in conjunction with Air Malta, is planning to organise a special offer to its shareholders.

This is an exceptional opportunity for those shareholders who are interested in experiencing the magnificence of this five star hotel.

Planned for 13th to 17th November 2002, this special package will comprise return air travel to Budapest, transfers, accommodation on a bed and breakfast basis in the de luxe five-star Corinthia Grand Hotel Royal located in the centre of Budapest, as well as a gala dinner at the hotel, and a tour of this historic city.

Costs have been maintained at the lowest level :

?X Lm 175 excluding taxes, twin sharing; and
?X Lm 195 excluding taxes, single use.

The offer will be open to shareholders on the CompanyÁ?s register as at 31st July 2002, together with a guest, on a first-come, first-served basis.

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