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Mamaison Hotels & Apartments present new corporate gifts

Today, MaMaison Hotels & Apartments, a brand of ORCO Property Group, presented their new corporate gifts for the summer / autumn season 2007: luxury, ginger-orange cookies, frosted with individual images of MaMaison’s Prague hotels and residences.

Jarmila Migelova, PR and Marketing Manager for MaMaison Hotels & Apartments:

“Guidelines governing how, when and to whom corporate gifts ought to be given, have been changing over the last number of years. In the hospitality sector, inexpensive give-aways such as pens or key rings are no longer sufficient for building and/or strengthening lasting business relationships.”

In a survey conducted by the Promotional Products Association International (www.ppa.org) revealed that businesses that had a corporate gift program were twice more likely to increase their chances of being contacted by customers than those who don’t.

“At MaMaison, we have tried to convey the very essence of our brand in a new, luxury gift programme for summer / autumn 2007. Hotels are sensory; they are about feelings, touch, smell and taste. Our new cookies are supposed to deliver theses exact sensations to corporate friends and partners.”

Notes for editors:

MaMaison Hotels & Apartments is a brand of ORCO Property Group, operating all hospitality products. These products are the most luxurious of their kind and excel in design originality and high levels of service. Some MaMaison Hotels & Apartments properties belong to the very prestigious group, Small Luxury Hotels of the World, Hotels & Preference and Warwick International Hotels. MaMaison Hotels & Apartments is a new brand, established by the union of two hospitality divisions, MaMaison Residences and ORCO Hotels Collection. This brand currently operates the following properties in Central Europe:

Prague (Czech Republic):

- Hotel Pachtuv Palace (www.pachtuvpalace.com)

- Riverside Hotel (www.riversideprague.com)

- Residence Belgicka (www.residence-belgicka.com)

Ostrava (Czech Republic):

- Imperial Hotel (www.imperial.cz)

Bratislava (Slovakia):

- Residence Sulekova (www.residence-sulekova.com)

Warsaw (Poland):

- Hotel Le Regina (www.leregina.com)

- Residence Diana (www.residencediana.com)

Bielsko-Biala (Poland)

- Parkhotel Vienna (www.vienna.pl)

Budapest (Hungary):

- Andrassy Hotel (www.andrassyhotel.com)

- Residence Izabella (www.residence-izabella.com)

Moscow (Russia):

- Pokrovka Suite Hotel (www.pokrovka-moscow.com). Opening – 21st August 2007.

Orco Property Group is a leading investor, developer and asset manager in the Central European real estate and hospitality market, currently managing assets of 1.31 billion EUR, as valued at 31/12/2006. Operating in Central Europe since 1991, Orco is a public company listed on the Euronext in Paris and on the Prague, Warsaw and Budapest Stock Exchanges. Orco Property Group’s portfolio includes, IPB Real, MaMaison Hotels & Apartments, Viterra Development, Gewerbesiedlungs-Gesellschaft mbH (GSG), Orco Real Estate, and other retail properties. Orco Property Group operates in a number of countries including, mainly, the Czech Republic, Hungary, Poland, Russia, Croatia, Germany and Slovakia. Orco Property Group is continually analyzing investment into new territories.

Orco Property Group is also sponsor and manager of the Endurance Real Estate Fund for Central Europe, a Luxembourg–regulated, closed–end and umbrella fund with several sub-funds focused on real estate acquisitions on office and retail, residential and hospitality markets. The total subscribed capital of the first Office sub-fund represents EUR 150 million and it currently manages assets of approx. EUR 240 million. Estimated total value of the Fund’s portfolio after investment of full subscribed capital is app. EUR 500 million. The Endurance Fund is dedicated to institutional investors and focuses on acquisitions in Central European real estate markets. The second Residential sub-fund started its activities in October 2006. Its current subscribed capital amounts to EUR 100 million, the target being EUR 150-200 million. Hospitality sub-fund and Office A-class sub-fund are currently starting the subscriptions. For further information, please visit www.orcogroup.com

For further information, please, contact:

Darina Miklovicova, Best Communications , darina.miklovicova@bestcg.com, tel: +420 257 532 030

Brendan Donnellan, Best Communications, brendan.donnellan@bestcg.com tel: +420 257 532 030