Orient-Express Hotels Announces Closing of $138 Million Common Share Offering

HAMILTON, Bermuda, January 19 - Orient-Express Hotels Ltd. (NYSE: OEH, www.orient-express.com),
today announced the closing of its previously announced public offering of
12 million 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 1.8 million Class A common shares, bringing the
total shares sold to 13.8 million at a price of $10.00 per share for gross
proceeds of $138 million. Orient-Express Hotels Ltd. received net proceeds of
approximately $131 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                         Pippa Isbell

    Vice President,                        Vice President,
    Chief Financial Officer                Corporate Communications
    Tel: +44-20-7921-4038                  Tel: +44-20-7921-4065
    E: martin.ogrady@orient-express.com    E: pippa.isbell@orient-express.com

Contact: Martin O'Grady, Vice President, Chief Financial Officer, Tel: +44-20-7921-4038, E: martin.ogrady at orient-express.com; Pippa Isbell, Vice President, Corporate Communications, Tel: +44-20-7921-4065, E: pippa.isbell at orient-express.com