Orient-Express Hotels Announces Common Share Offering

HAMILTON, Bermuda, January 11 - Orient-Express Hotels Ltd. (NYSE: OEH, www.orient-express.com),
owners or part-owners and managers of 50 luxury hotels, restaurants, tourist
trains and river cruise properties operating in 25 countries, today announced
that it plans to sell 10 million shares of Class A common shares, par value
$.01 per share, in an underwritten public offering pursuant to its effective
Shelf registration statement previously filed with the Securities and
Exchange Commission.

The underwriters will be granted a 30-day option to purchase up to an
additional 1.5 million shares to cover over-allotments, if any. The Company
intends to use the net proceeds from this offering to pay the cash portion of
the purchase price of two hotel properties located in Taormina, Sicily and
for general corporate purposes.

The total purchase price of the two hotels, the luxury 83-key Grand Hotel
Timeo and the nearby 78-key Villa Sant'Andrea, is approximately $117 million,
of which approximately $37 million will be paid in cash and the balance will
be in the form of the Company's assumption of existing and new indebtedness
relating to the two properties.

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

Copies of the prospectus supplement relating to these securities may be
obtained by contacting Deutsche Bank Securities Inc., Attn: Prospectus
Department, 100 Plaza One, Jersey City, New Jersey 07311, telephone:
+1-(800)-503-4611 or e-mail at prospectusrequest@list.db.com.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any sale
of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction. Any offer or
sale will be made only by means of the written prospectus forming part of the
effective registration statement.

    Contact:

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

    Pippa Isbell
    Vice President, Corporate Communications
    Tel: +44-20-7921-4065
    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