NEW DIRECTOR OF SALES & MARKETING FOR SOL LOVINA

Mr. Munadir Syah, General Manager of Sol Lovina in Bali, Indonesia today announced the appointment of Mr. Wayan Budiarsa as Director of Sales & Marketing.

As Sol Lovina's new Director of Sales & Marketing, Mr. Budiarsa will be responsible for spearheading sales and marketing efforts for the 129-room resort. Among Mr. Budiarsa's immediate priorities will be to manage the hotel's international corporate and travel trade accounts.

Mr. Budiarsa brings to Sol Lovina close to 10 years experience in the hospitality industry. He has held senior sales positions with a number of Balinese hotels, including the Kuta Timur Resort, Hotel Bali Sani and the Hotel Intan Bali Village.

Prior to his appointment at Sol Lovina, Mr. Budiarsa was Director of Sales for both the Century Saphir and the Century Mabisa Bali.

A native Balinese, hailing from Singaraja, Mr. Budiarsa is a graduate of Hotel & Tourism Management from the University of Udayana.

Sol Meliá is the leading hotel group in Spain in both the city and resort hotel markets, the leading chain in Latin America and the Caribbean, the second largest hotel group in Europe and the tenth largest worldwide. The company is also the world's largest resort hotel chain. Sol Meliá has a portfolio of more than 330 city and resort hotels in 30 countries under the brand names of Meliá, Sol, TRYP and Paradisus hotels.

Its properties in Asia include Gran Meliá Jakarta, Meliá Bali (incorporating The Garden Villas), Meliá Benoa All-Inclusive Resort (Bali), Sol Lovina (Bali), Meliá Purosani (Yogyakarta), Meliá Panorama (Batam), and Sol Elite Marbella (Anyer) in Indonesia; Meliá Hanoi in Vietnam; Meliá Kuala Lumpur in Malaysia; and Sol Twin Towers (Bangkok) in Thailand. Sol Meliá has signed contracts to take-over and manage a further 80 hotels by the year 2002.