Fairmont Hotels & Resorts Inc. said it will release its second quarter earnings on July 24, 2003 to be followed by a conference call that day at 1:30 p.m. Eastern Time.

Participating on the call will be FHR's chief executive officer, William R. Fatt, along with Chris J. Cahill, president and chief operating officer, and M. Jerry Patava, executive vice president and chief financial officer.

Investors are invited to access the call by dialling 416-695-5806 or 1-800-273-9672. You will be required to identify yourself and the organisation on whose behalf you are participating. A recording of this call will be made available beginning at 3.30 p.m. on July 24, 2003 through to 3.30 p.m. on July 31, 2003. To access the recording please dial 416-695-5800 or 1-800-408-3053 and use the reservation number 1442419.

A live audio webcast of this conference call will be available via FHR's investor website (www.fairmont.com/investor). An archived recording of the webcast will remain available on the website until the next quarterly earnings conference call.