The Rezidor Hotel Group is the first international hotel partner for Ukraine International Airlines and its frequent flyer programme “Panorama Club”. For each stay at Radisson SAS or Regent hotel, members of “Panorama Club” earn 500 panorama club miles – members that stay at Park Inn will earn 250 panorama club miles. A special launch offer concerns a stay at the Radisson SAS hotels in Ukraine itself: Between now and 31 December 2008 guests will earn triple miles (1.500). Rezidor currently manages two hotels in Ukraine – the Radisson SAS Hotel, Kiev and the Radisson SAS Resort Alushta – and has two more hotels under development: The Radisson Hotel, Kiev Airport scheduled to open in 2010, and Radisson Resort, Bolshaya Yalta – with first 250 rooms also opening in 2010.

“The cooperation with frequent flyer programmes is an integral part of our business”, commented John Kennedy, Vice President Marketing and Customer Relationship Management of Rezidor. “We are currently working with over 30 partners and delighted to become a partner of Ukraine International Airlines’ “Panorama Club” – the CIS countries and Russia are key emerging markets for Rezidor’s business development.” Rezidor is one of the leading hotel groups in the region and was the first international hotel company to open a full technical, development, marketing and operations branch office in Moscow. The portfolio in Russia and the other CIS countries currently features 17 hotels with more than 4,400 rooms in operation – 19 more hotels with approximately 5,000 rooms are under development.

Sergey V. Fomenko, Vice President Sales & Marketing Ukraine International Airlines said, “The aim of Ukraine International Airlines is to have the best and most rewarding frequent flyer programme for customers travelling to and from Ukraine. We were the first airline to introduce a frequent flyer programme in Ukraine and now we are proudly saying that we are the first airline in Ukraine which concludes partnership agreement with one of the world’s leading hotel groups – Rezidor. We are very happy that from now on our passengers and frequent travellers will get more benefits from being a member of Panorama Club by staying at Rezidor hotels in Ukraine and around the world.”

Ukraine is one of the fastest growing air transport markets in the world; having registered 23% growth overall last year to more than 9 million passengers. Almost 1.5 million of those have been clients of Ukraine International Airlines. The company sees a boom in the leisure market – focused on charter flights to Egypt and Turkey, the country’s two largest leisure markets where Rezidor is also present with beautiful Radisson hotels in main destinations such as Sharm El Sheikh, El Quseir and Istanbul.

About the Rezidor Hotel Group:

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolio
of almost 350 hotels in operation and under development with approximately 74,000 rooms in 53 countries.

Rezidor operates the brands Radisson SAS Hotels & Resorts, Regent Hotels & Resorts, Park Inn and Country
Inns & Suites in Europe, Middle East and Africa, along with the goldpoints plusSM loyalty programme for frequent hotel guests. Rezidor has signed a worldwide license agreement with the Italian fashion house Missoni, in order to develop and operate a lifestyle hotel brand of the same name: Hotel Missoni.
In November 2006, Rezidor was listed on the Stockholm Stock Exchange. With 42%, Carlson Companies is the main shareholder.
The Corporate Office of the Rezidor Hotel Group is based in Brussels, Belgium.
For more information on Rezidor, visit www.rezidor.com.

The Radisson SAS, Kyiv was the first international branded Hotel to open in the Ukraine;
THE REZIDOR HOTEL GROUP have a further 3-Hotels currently in development in the Ukraine

Ukraine International Airlines is Ukraine’s leading international carrier. Founded in 1992, UIA was one of the first businesses in Ukraine to attract foreign investment. UIA was the first airline in CIS to introduce Boeing 737 aircraft. Today UIA’s fleet consists of 16 modern Boeing 737 aircrafts. The airline connects Ukraine with nearly 3,000 locations of the world, operating about 350 scheduled flights a week to London, Paris, Amsterdam, Brussels, Berlin, Frankfurt, Vienna, Zurich, Rome, Milan, Madrid, Barcelona, Lisbon, Helsinki, Dubai, Kuwait, Tbilisi, Monastir, Odessa, Lviv and Simferopol. The base airport for UIA is Kiev-Boryspil (KBP).

The shareholdings in Ukraine International Airlines are as follows: State Property Fund of Ukraine – 61.6%, Austrian Airlines – 22.5%, Aer Cap – 6% and European Bank for Reconstruction and Development (EBRD) – 9.9%. Detailed information about UIA is available at www.flyUIA.com