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Press Release

2 De Vere Venues for sale through Christie + Co

14 November 2007

Alternative Hotel Group has instructed leading business agent, Christie + Co, to sell two De Vere Venues properties in Surrey and Oxfordshire.

The Mill and Old Swan is a 62-bedroom hotel, located in the picturesque village of Minster Lovell, near Oxford. Standing on a substantial site alongside the River Windrush, the property comprises The Old Swan, a classic Cotswold Stone 600-year-old inn, and The Mill Conference Centre.

Situated near the Surrey town of Haslemere, the 60-bedroom, Grade II Listed Branksome Place hotel sits within 32 acres of landscaped grounds. The property is famous for its original design by Edward Cullinan and was subsequently extended, with a state of the art conference centre and auditorium, by Sir James Sterling.

Jeremy Jones, Director of corporate hotels at Christie + Co comments: “Both properties currently specialise in the residential training and conference markets but offer the opportunity for further growth and development to significantly improve the hotel element of the businesses and enhance leisure trade.

“We are inviting individual or joint offers, on a freehold basis. We expect a high level of interest in both sites, as a result of the excellent development potential and the strong trading locations.” If you wish to discuss these opportunities in more detail please contact Jeremy Jones on T: 020 7227 0755; Jeremy.jones@christie.com or Oscar Marsland-Roberts on T: 020 7227 0745; oscar.marsland-roberts@christie.com.

Alternatively, brochures for both properties can be downloaded by accessing the following link: www.christiecorporate.com/ccc/markets/hotels2/instructions/

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For further information on this press release, please contact: Sarah Pflanz at Christie + Co. Tel: 020 7227 0795. sarah.pflanz@christie.com

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