Last checked at 5 Dec 2008 14:14
India Hospitality Corp. to Announce Preliminary Results for the Second Quarter of Fiscal 2009 on December 10, 2008
LONDON, Dec. 5 -- India Hospitality Corp. today announced that it will release preliminary operating results for the second quarter of fiscal 2009 before the opening of the London Stock Exchange on Wednesday, December 10. A conference call will follow at 12:00 PM EST / 5:00 PM GMT to discuss the results for interested investors, analysts and portfolio managers. Participants in the call will include acting Chief Executive Officer and Deputy Chairman Richard Foyston and interim Chief Financial Officer Tim McKinlay.
The preliminary results are intended to give an update on the operating business as well as an update to the overall business climate in India. These results will be for the three-month period ended September 30, 2008 for the acquired companies Mars Restaurants Private Limited and SkyGourmet Catering Private Limited, respectively.
To participate in the conference call, United States callers should dial the following number ten minutes prior to the scheduled time: 1-888-378-4353. International callers should dial 1-719-325-2183. The conference call will also be webcast live at http://www.indiahospitalitycorp.com in the Investor Relations section of the website. To listen to the live call, please go to the IHC website at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available at 3:00 p.m. EST on December 10, 2008, through December 24, 2008, at 1-888-203-1112 (United States) or 1-719-457-0820 (International); access code - 4945967. The replay will also be available shortly after the call on the IHC website.
About India Hospitality Corp.
India Hospitality Corp. (IHC) is a diversified pan-Indian hospitality and leisure company. In July 2007, IHC closed on the acquisition from Navis Capital Partners and its Affiliates of India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company with 1,700 employees operating out of four locations in India.
Deutsche Bank AG is IHC's nominated adviser and broker for the purposes of the AIM Rules for Companies. Its responsibilities as IHC's nominated adviser and broker under the AIM Rules for Nominated Advisers are owed solely to London Stock Exchange plc and not to IHC, any director of IHC or any other person.
No offer or invitation to purchase or subscribe for ordinary shares in or warrants to purchase or subscribe for ordinary shares or warrants of IHC is being made by this announcement.
SOURCE India Hospitality Corp.
CONTACT: Media, Harsh Wardhan, Mutual Image & Events Management Pvt. Ltd., 11-43620700; Investor Relations, William Schmitt, ICR Inc., 203-682-8200; Nominated Adviser and Broker, Mumtaz Naseem, Deutsche Bank AG, 20-7545-8000
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