Annual ICR XChange Conference

India Hospitality Corp.
05 January 2007


FOR IMMEDIATE RELEASE

     
     
FOR FURTHER INFORMATION CONTACT:     

Investor Relations Contact:
William Schmitt
203-682-8200



India Hospitality Corporation to present at the Ninth Annual ICR XChange 
Conference

New York, NY. - January 5, 2007 - India Hospitality Corp. (LSE: IHC), today
announced that the Company will be presenting at the Ninth Annual ICR XChange
Conference on Wednesday, January 10, 2007 at the St. Regis Monarch Beach Resort
& Spa in Dana Point, CA. The presentation will begin at 9:25 AM Pacific Time.

Investors and interested parties may listen to the webcast of these
presentations by visiting the ICR website at 
http://www.icr-online.com/xchange/x9/attendee/webcast.htm  at the appropriate
times.


About India Hospitality Corp.  

India Hospitality Corp. is a Special Purpose Acquisition Corporation (SPAC)
created to initially pursue partnerships only of an Indian business, businesses
or assets focused on the hospitality, leisure, tourism, travel and related
industries, including but not limited to hotels, resorts, timeshares, serviced
apartments and restaurants. While the Company's potential partnerships could
come from any of these sectors, the primary focus will be on the hospitality
industry. It expects to initially pursue these initiatives only in India. 

In August 2006, the Company raised $100 million in an IPO and is listed on the
Alternative Investment Market, 'AIM', a market operated by the London Stock
Exchange, under the ticker IHC. The Company is sponsored by Hayground Cove Asset
Management LLC, a New York-based investment management firm with approximately
$2.0 billion under management.  Jason Ader, the Company's Chief Executive
Officer and Chairman of the Board is the Chief Executive Officer of Hayground
Cove Asset Management. Mr. Ader has a strong background in the leisure and
hospitality industries. Prior to founding Hayground Cove, he was Senior Managing
Director at Bear Stearns & Co., Inc., supervising coverage of the lodging and
hospitality industry and was a top ranked analyst by Institutional Investor
Magazine's All-American Research Team for nine consecutive years.

This press release contains certain forward-looking statements. Statements
containing expressions such as 'may,' 'will,' 'project,' 'might,' 'expect,'
'believe,' 'anticipate,' 'intend,' 'could,' 'would,' 'estimate,' 'potential,'
'continue,' or 'pursue,' or the negative or other variations thereof or
comparable terminology used in India Hospitality Corp.'s press releases and in
its reports filed with the Securities and Exchange Commission are intended to
identify forward-looking statements. These forward-looking statements, which are
included in accordance with the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause India Hospitality Corp.'s actual
results and performance in future periods to be materially different from any
future results or performance suggested by the forward-looking statements in
this press release. Although India Hospitality Corp. believes the expectations
reflected in such forward-looking statements are based upon reasonable
assumptions, it can give no assurance that actual results will not differ
materially from these expectations. These risks, uncertainties and other factors
are discussed in India Hospitality Corp.'s final prospectus, copies of which are
available from the Company upon request. Readers are cautioned not to place
undue reliance on forward-looking statements, which speak only as of the date of
this press release. India Hospitality Corp. does not undertake, and specifically
disclaims any obligation, to publicly release the result of any revisions that
may be made to any forward-looking statements to reflect the occurrence of
anticipated or unanticipated events or circumstances after the date of such
statements. 





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