Orient-Express Hotels Confirms Acquisition of Grand Hotel Timeo and Villa Sant'Andrea Plus Sale of Lilianfels Blue Mountains

HAMILTON, Bermuda, February 3 - Orient-Express Hotels Ltd. (NYSE: OEH, www.orient-express.com),
owner or part-owner and managers of 50 luxury hotels, restaurants, tourist
trains and river cruise properties operating in 24 countries, today confirmed
that it has completed its acquisition of Grand Hotel Timeo and Villa
Sant'Andrea in Taormina, Sicily from The Framon Group for a combined price of
EUR81million (US$ 117 million).

In addition, the Company confirmed it had concluded the sale of its
Australian property, Lilianfels Blue Mountains, to Lilianfels Hotel Pty Ltd
for AUD 21 million (US$ 19.3 million).

Orient-Express Hotels' President and Chief Executive Officer, Paul White
said, "The sale of Lilianfels, and the sale of other non-core assets in 2009,
significantly strengthened our balance sheet. We are delighted to have
secured this rare opportunity to acquire the internationally renowned Grand
Hotel Timeo, with its sister hotel, Villa Sant'Andrea and we are confident we
can make significant improvements in performance at both properties."

    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