Orient-Express Hotels Announces Closing of $123.6 Million Common Share Offering

HAMILTON, Bermuda, November 15, 2010 - Orient-Express Hotels Ltd. (NYSE: OEH, www.orient-express.com),
today announced the closing of its previously announced public offering of
10,000,000 Class A common shares. The company also announced that the
underwriters for the offering exercised in full their over-allotment option
to purchase an additional 1,500,000 Class A common shares, bringing the total
shares sold to 11,500,000 at a price of $10.75 per share for gross proceeds
of $123.6 million. Orient-Express Hotels Ltd. received net proceeds of
approximately $117.2 million, after deducting underwriting discounts and
estimated offering expenses.

Deutsche Bank Securities Inc. and Barclays Capital Inc. acted as joint
book-running managers and underwriters for the offering.

    Contact:

    Martin O'Grady
    Vice President, Chief Financial Officer
    Tel: +44-20-7921-4038
    E: martin.ogrady@orient-express.com

Contact: Martin O'Grady, Vice President, Chief Financial Officer, Tel: +44-20-7921-4038,
E: martin.ogrady at orient-express.com