For the second consecutive year, Raffles Hotel Singapore was conferred Best Hotel in Asia and presented with the ULTRA – Ultimate Luxury Travel Related Award, at the ceremony held at a gala luncheon in London, UK on 13 May 2008.

This is another prestigious addition to the mantle of international accolades bestowed on the hotel since it welcomed its first guests through its majestic doors and vaulted interiors 121 years ago. Other recent honours are the inclusion in Robb Report’s Famed List of “Luxury Hotels: The World’s Ultimate City Escapes” for the second time; and Travel + Leisure’s Top 100 World’s Best Hotels and Top 50 in Asia.

Organised by Ultratravel magazine, the Ultratravel 100 award is the result of a consumer-driven survey that reconciles votes from readers on their favourite travel partners worldwide including leading airlines, resorts, hotels and travel companies in 20 ultimate luxury travel categories.

With over 500,000 in circulation, Ultratravel, published by The Daily Telegraph, is an acclaimed luxury travel publication that is referred to by industry peers and consumers for inspiring travel ideas and solutions.

Receiving this award at the Ultra Awards Gala Luncheon was

Mr Robert Logan

, General Manager, Raffles Hotel and the hotel’s iconic Doorman, Mr Sarjit Singh. Mr Logan said, “We are most delighted to be included among the top echelons in luxury travel and are deeply honoured to have been selected as the Best Hotel in Asia for two consecutive years. This award is testimony to the passionate pursuit of excellence by each team member who serves with sincerity. While we endeavour to preserve the hotel’s legendary history, we strive to set industry standards with innovative hospitality concepts, creating a home away from home for our residents who come from all corners of the world”.

Mrs Diana-Ee Tan

, President, Raffles Hotels and Resorts shared, “Raffles Hotel Singapore represents the hallmark of elegance, refinement and residential charm, and even after a century these attributes continue to endear the hotel to travellers from around the world. We are delighted that readers of Ultratravel magazine have once again voted Raffles Hotel Singapore as the Best Hotel in Asia for the second consecutive year”.

ABOUT RAFFLES HOTEL

| Raffles Hotel features 103 elegantly appointed suites, 18 distinctive restaurants and bars, the worldclass RafflesAmrita Spa, Raffles Hotel Arcade housing the best in regional specialities and international brand names, including THOS SB Raffles – an incubator shop offering lifestyle concepts and products as well as a purveyor of fine food and wines, the Raffles Hotel Museum, the Jubilee Hall theatre playhouse, the Raffles Culinary Academy and extensive lush gardens and courtyards.

RAFFLES HOTELS & RESORTS

| Raffles is a collection of luxury hotels and resorts worldwide, each distinguished by its luxury, elegance and residential charm. Each hotel is a landmark in its respective city, positioned at the top of its local market and rated among the very best in the world. Page 3 of 3 Raffles’ relentless pursuit of service excellence has earned for its hotels and resorts a legion of international accolades, including Condé Nast World’s Best Places to Stay and Travel & Leisure World’s Best Awards. Its flagship Raffles Hotel Singapore was voted Best Hotel in Asia by readers of Ultratravel magazine by The Daily Telegraph and Best Luxury Hotel 2007 by Travel Trade Gazette Asia, while Raffles Beijing Hotel was named Best New City Hotel by Andrew Harper’s Hideaway Report. Raffles Dubai, the latest addition to its portfolio, is recognised among the world’s best new hotels by Conde Nast Traveler’s Hot List. Raffles Hotels & Resorts is consistently ranked among the world’s top 10 hotel brands in the annual Condé Nast Traveler Business Travel Awards. Raffles Hotels & Resorts is owned by Fairmont Raffles Hotels International, a leading global hotel company with over 85 hotels worldwide under the Raffles, Fairmont and Swissôtel brands. The company also owns Fairmont and Raffles branded Residences, Estates and luxury private residence club properties. For more information, please visit