GHL Gresham Hotel

RNS Number:1673Z
Gresham Hotel Group Plc
27 May 2004

Re: Notification of Substantial Interest

Pursuant to the obligation placed on us by paragraph 9.12 of the Listing Rules, 
I hereby inform you that on 27 May 2004 we received notification from Israel 
Discount Bank Limited that Whiterain International Limited, on behalf of Chanrai 
Balram, now have a notifiable interest in 4,608,349 Ordinary Shares in Gresham 
Hotel Group plc, representing 5.79% of that class of share in Gresham Hotel 
Group plc. The above amount represents only purchases made through Israel 
Discount Bank Tel Aviv.




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