IHG Announces Sale of Amsterdam Hotel

InterContinental Hotels Group PLC today announces it has sold the Crowne
Plaza, American in Amsterdam to The Eden Hotel Group, for Euro 37 million (£25
million), equivalent to net book value. The transaction, a sale of the company which
owns the hotel, completed today. Proceeds will be used for general corporate
purposes.The Crowne Plaza, American (174 rooms) will leave the IHG system.