Annual Report and Accounts

India Hospitality Corp. Releases Fiscal 2008 Annual Report 
 
    LONDON, Sept. 30 -- India Hospitality Corp. (LSE: IHC, IHC or India 
Hospitality) today announced that it has released its Fiscal 2008 annual report 
to the public.  The report is available for all interested investors to 
download from IHC's website at www.indiahospitalitycorp.com by clicking on the 
"Investor Relations" tab.  
 
    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 five locations in India. 
 
    For Further Information Contact: 
 
    Media Contact: Mutual Image & Events Management Pvt. Ltd. 
    Harsh Wardhan 
    [phone] 
 
    Investor Relations Contact: ICR Inc. 
    William Schmitt 
    [phone] 
 
    Nominated Adviser and Broker: Deutsche Bank AG 
    Mumtaz Naseem 
    [phone] 
 
 
    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. 
    -0-                             09/30/2008 
    /CONTACT:  Media: Mutual Image & Events Management Pvt. Ltd., Harsh 
Wardhan, [phone]; Investor Relations: ICR Inc., William Schmitt,  
[phone]; Nominated Adviser and Broker: Deutsche Bank AG, Mumtaz 
Naseem, [phone]/ 

    /Web site:  http://www.indiahospitalitycorp.com/