Ltd. on the New York Stock Exchange raising $190 million dollars.

The initial public offering of 10 million common shares, 5 million shares offered by the company and 5 million offered by its parent, Sea Containers Ltd., was priced at $19.00 per share.

Orient-Express Hotels' shares will be listed on the New York Stock Exchange under the symbol OEH.

Orient-Express Hotels, famous for the luxury train Venice Simplon-Orient-Express, is also known for its highly individual hotels and restaurants located in areas of outstanding cultural, historic and recreational interest throughout the world, including Hotel Cipriani in Venice and `21' Club in New York City.

"Listing our shares on the NYSE, the world's largest capital market, is a major benchmark for Orient-Express Hotels as we continue to position the company as an international leader of the luxury leisure industry,'' said Orient-Express Hotels President Simon Sherwood.

"With distinctive properties all over the world and a truly global clientele, it is vital that Orient-Express shares be accessible to investors worldwide.

We are honoured to be traded alongside the global leaders listed on the Exchange.'' "We are pleased to welcome Orient-Express Hotels, one of the world's leading luxury hotel and leisure travel companies to the NYSE family,'' said Exchange Chairman and CEO Richard Grasso.

"The Orient-Express rail car displayed outside the Exchange showcases the tradition of luxury service that Orient-Express has displayed since the 1880s.

Now investors worldwide will have an opportunity to share in the Orient-Express experience.'' To celebrate the listing, the company imported from England to New York a vintage Orient-Express rail car.

The first-class Pullman carriage, known as `Ibis,' was built in 1925 in Birmingham, England; this was the first time the car had been in the United States.

Following the initial public offering, the company will have approximately 30,900,000 shares of common stock outstanding. The proceeds from the offering will be used for repayment of debt and general corporate purposes.

The Orient-Express Hotels underwriting team is led by Merrill Lynch & Co. and Lazard Freres & Co. and also includes Salomon Smith Barney and Banc of America Securities LLC. Sea Containers Ltd. has granted the underwriters a 30-day over-allotment option to purchase up to an additional 1,500,000 Orient-Express Hotels shares owned by it.

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