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Hilton Hotels Corporation Completes Acquisition of Hilton International

Press Release: Hilton Hotels Corporation
February 24, 2006
BEVERLY HILLS, CA -- Hilton Hotels Corporation (NYSE:HLT) announced yesterday that it has completed its acquisition of the lodging assets of Hilton Group plc (known collectively as "Hilton International") for approximately GBP 3.3 billion.

"This is one of the most noteworthy days in the history of our company, as Hilton is once again a global hotel company for the first time in over 40 years," said Stephen F. Bollenbach, co-chairman and chief executive officer of Hilton Hotels Corporation. "As the world's largest and most geographically diverse hotel company, with the industry's most talented and dedicated team members, we look forward to an exciting future."

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Contact:
Hilton Hotels Corporation
Marc Grossman, 310-205-4030
marc_grossman@hilton.com
Kathy Shepard, 310-205-7676
kathy_shepard@hilton.com
http://www.hiltonworldwide.com


Source: Hilton Hotels Corporation