SPECIAL TRADE DISCOUNTS AT MELIÁ BALI VILLAS & SPA RESORT

Meliá Bali Villas & Spa Resort, the flagship Asian resort property of leading European hotel chain Sol Meliá Hotels & Resorts, is offering a special trade discount promotion for travel agents and airline staff.

The promotion is offered at a special rate of US$55.00 (for room only) and US$65.00 (room and buffet breakfast) per room per night for Superior Room accommodation, applicable for single or double occupancy.

The rates are inclusive of 10% service charge and prevailing Government tax, and are valid from now until 24 December 2001, as well as from 10 January 2002 to 31 March 2002.

Corporate ID cards must be presented upon check-in.

Sol Meliá Hotels & Resorts 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 Hotels & Resorts has a portfolio of more than 350 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 Villas & Spa Resort, 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 Hotels & Resorts has signed contracts to take-over and manage a further 80 hotels by the year 2002.