Fairmont to Participate in Scotia Capital Conference

Fairmont Hotels & Resorts Inc. (“FHR”)(TSX/NYSE: FHR) will participate in Scotia Capital`s Sixth Annual “Back to School” Conference in Toronto on September 25, 2002 at 10:10 a.m. Eastern Time. Chris J. Cahill, President and Chief Operating Officer, will provide a company overview and update on business conditions to be followed by a question and answer period.
Interested participants can access a live audio webcast of the presentation at www.insinc.com/scotia/20020925. A replay of the presentation will be available at the end of the day and will be archived for 90 days. Links to the webcast and the corresponding slide presentation will be available through FHR`s website, www.fairmont.com, under Investor Relations / Recent Events. The webcast will last for approximately 35 minutes.

About Fairmont Hotels & Resorts Inc:

FHR is one of North America`s leading owner/operators of luxury hotels and resorts. FHR`s portfolio consists of 78 luxury and first class properties with more than 30,000 guestrooms in Canada, the United States, Mexico, Bermuda, Barbados and the United Arab Emirates. It holds a 67 percent controlling interest in Fairmont Hotels & Resorts (“Fairmont”), North America`s largest luxury hotel management company. Fairmont manages 39 distinctive city center and resort hotels such as The Fairmont San Francisco, The Fairmont Banff Springs, Fairmont Le Chateau Frontenac, The Fairmont Scottsdale Princess and The Plaza in New York City. FHR also holds a 100 percent interest in Delta Hotels, Canada`s largest first class hotel management company, which manages and franchises a portfolio of 38 city center and resort properties in Canada. In addition to hotel management, FHR holds real estate interests in 22 properties, two large undeveloped land blocks and an approximate 35 percent investment interest in Legacy Hotels Real Estate Investment Trust, which owns 22 properties.