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IHC Gains Unanimous Approval for Shareholder Buyback Program

Result of EGM

India Hospitality Corp. (the "Company") is pleased to announce that at the Company's Extraordinary General Meeting held today the resolution authorising the Company to purchase its own shares was unanimously passed.

For Further Information Contact:

India Hospitality Corp.
Raghavendra Agarwal
+91 22 4090 6148
ragarwal@ihcor.com
www.indiahospitalitycorp.com

Nominated Adviser: Grant Thornton UK LLP
Fiona Owen
+44 20 7383 5100

Broker: Noble & Company Limited
Sunil Sanikop
+44 20 7763 2200

Media Contact: Mutual Public Relations Ltd.
Harsh Wardhan
+91 11 4362 0700

Investor Relations Contact: ICR Inc.
Michael Tew
Sand Hill RP
+1 212 445 7838
mtew@sandhillrp.com
About India Hospitality Corp.

India Hospitality Corp. is a diversified pan-Indian hospitality and leisure company. In July 2007, IHC closed on the acquisition of India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company with 2,800 employees across its facilities in India, from Navis Capital Partners and its affiliates.

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