Four Seasons Hotels Inc. To Release 2002 Second Quarter Earnings

Press Release: Four Seasons Hotels Inc.
July 10, 2002
TORONTO -- Four Seasons Hotels Inc. (NYSE:FS; TSX:FSH) announces that it will be releasing its 2002 second quarter earnings on Friday, August 2, before the market opens.

The Company expects to hold a conference call to discuss the results on the same day at 10:00 a.m. (Eastern Daylight Time).

To access the call dial:  1 (800) 381-9619  (U.S.A. and Canada)
                          1 (416) 641-6701  (outside U.S.A. and Canada)

To access a replay of the call, which will be available for one week after the call, dial: 1 (800) 558-5253, Reservation Number 20741061.

A live web cast will also be available by visiting http://www.fourseasons.com/investor. This web cast will be archived for one month following the call.

With a history spanning four decades and a portfolio that now extends around the world, Four Seasons Hotels and Resorts is the world's leading operator of luxury hotels, currently managing 55 properties in 25 countries. In February 2002, the company opened its first Four Seasons branded property in China - Four Seasons Hotel Shanghai; and a resort in Sharm el Sheikh, Egypt in May. Four Seasons Hotels and Resorts continues to expand, with over 20 projects in development stages in choice locations around the world. Four Seasons has claimed first position on many prestigious lists; recent honours include top ranking in the J.D. Powers Guest Satisfaction Survey; AAA Five Diamond awards (receiving more than other any hotel company for the 21st consecutive year), and the Zagat Survey 2001 (ranked as "Top Hotel Chain in the U.S." and "Top Hotel Chain" internationally). Information on the company and its 40 years of achievement in the hospitality industry can be accessed through the Four Seasons Web site at www.fourseasons.com.

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Contact: 
     Four Seasons Hotels Inc.
     Barbara Henderson, 416/441-4329