Four Seasons Hotels Announces Dividend

PRNewswire-FirstCall TORONTO Nov. 6 :

Four Seasons Hotels Inc. (TSX Symbol “FSH”; NYSE Symbol “FS”) announced
today that the Board of Directors has declared a dividend of 5.5 cents per
Limited Voting Share for the period ending December 31, 2003, payable on
January 15, 2004 to holders of Limited Voting Shares of record on December
31, 2003. The Board of Directors also declared a dividend of 2.75 cents
per Variable Multiple Voting Share for the period ending December 31,
2003, payable on January 15, 2004 to holders of Variable Multiple Voting
Shares of record on December 31, 2003.
All dollar amounts referred to in this press release are in Canadian
dollars.

With a history spanning four decades and a portfolio that extends
worldwide, Four Seasons Hotels and Resorts is the world`s leading operator
of luxury hotels, currently managing 58 properties in 27 countries. Four
Seasons Hotel Miami opened on October 1, 2003, in the heart of the city`s
financial district. Further openings in 2003 are expected to include a
resort in Great Exuma (The Bahamas) and the Company`s first mountain
resort in Jackson Hole, Wyoming. Four Seasons continues to grow, with more
than 20 projects under construction or development in choice locations
around the world. The Company has claimed first position on many
prestigious lists. Recent honours include being named to Fortune
magazine`s list of 100 Best Companies to Work For (for the sixth
consecutive year); and AAA Five Diamond awards (receiving more than any
other hotel company for the 22nd consecutive year). Information on the
Company and its 42 years of achievement in the hospitality industry can be
accessed through the Four Seasons Web site at http://www.fourseasons.com/.

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