Hart to take top job at Hilton

The Board of Directors of
Hilton Hotels Corporation have announced that Matthew J.
Hart, the company’s president and chief operating officer, will assume
the role of president and chief executive officer effective from next year. Mr. Hart, 54, who was also elected to the company’s board in
January 2007, will replace Stephen F. Bollenbach as company CEO.

As previously announced, Mr. Bollenbach will retire as CEO December 31, 2007, but
continue as co-chairman of the board and serve as an employee consultant.

The following executives continue reporting directly to Mr. Hart:  Ian R. Carter,
executive vice president and chief executive officer, Hilton International; Thomas
L. Keltner, executive vice president and chief executive officer, Americas and
Global Brands; Antoine Dagot, executive vice president and president/chief executive
officer, Hilton Grand Vacations Company; Tim Harvey, executive vice president,
global distribution services and chief information officer; and Molly
McKenzie-Swarts, executive vice president, human resources, diversity and
administration.  In addition, Madeleine A. Kleiner, executive vice president,
general counsel and corporate secretary, and Robert M. La Forgia, executive vice
president and chief financial officer begin reporting to Mr. Hart effective

        Mr. Hart will become only the fourth chief executive officer in the
company’s nearly 90-year history, following Conrad N. Hilton, Barron
Hilton and Mr. Bollenbach.  Since joining Hilton in 1996, he has been
instrumental in completing several strategic transactions, including the
acquisitions of Bally’s Entertainment, Promus Hotel Company and Hilton
International; creating and implementing the company’s financial
strategy; overseeing the acquisition of numerous hotel properties; and
introducing several new product, service and marketing initiatives,
including the launch of the company’s new luxury brand, The
Waldorf=Astoria Collection.