GHL Gresham Hotel

RNS Number:5536Z
Gresham Hotel Group Plc
8 June 2004


Letter to RNS

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 8 June 2004 I received by way of copy a disclosure
form sent to The Irish Takeover Panel by Israel Discount Bank that Whiterain
International Ltd on behalf of Chanrai Balram now have a notifiable interest in
8,180,564 Ordinary Shares in Gresham Hotel Group plc representing 10.29% of that
class of share in Gresham Hotel Group plc.


From Gresham Hotel Group plc




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