Fairmont Announces Appointment Of Director

Fairmont Hotels & Resorts Inc. is pleased to announce the appointment of Peter C. Godsoe, Chairman of Scotiabank to FHR`s Board of Directors.
Mr. Godsoe was appointed Chief Executive Officer of Scotiabank in 1993 and
assumed the additional role of Chairman in 1995. Mr. Godsoe first joined Scotiabank in 1966. He was appointed Vice-Chairman and member of the Board of Directors in 1982. Mr. Godsoe retired as Scotiabank`s CEO in December 2003, but remains Chairman of the Board of Directors.

Mr. Godsoe graduated with a Bachelor of Science degree in Mathematics and Physics from the University of Toronto and earned his Master of Business
Administration from Harvard Business School. Mr. Godsoe is also a chartered accountant and a Fellow of the Institute of Chartered
Accountants of Ontario.

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