11th Jul 2005 07:04
InterContinental Hotels Group PLC11 July 2005 11 JULY 2005 INTERCONTINENTAL HOTELS GROUP PLC ADJUSTMENT TO FIRST QUARTER IFRS ANNOUNCEMENT International Financial Reporting Standards ("IFRS") require Earnings Per Share("EPS") to be based on earnings for a period, after the deduction of any amountattributable to minority shareholders. At Quarter One the IFRS EPS calculationswere presented based on earnings before any deduction for minority interests.Recalculated EPS figures are shown below together with the figures originallypresented. There are no other changes to any numbers in the Quarter Oneannouncement. Q1 2005 Q1 2004 Continuing Total Continuing TotalEPS (p) Recalculated As at Recalculated As at Recalculated As at Recalculated As at 26/05/05 26/05/05 26/05/05 26/05/05 Basic 3.4 4.1 8.2 8.9 6.5 6.8 8.6 8.9 Diluted 3.4 4.0 8.1 8.7 6.5 6.7 8.6 8.8 Adjusted 3.4 4.1 6.8 7.5 3.8 4.1 5.4 5.7 Note: Discontinued EPS is not impacted. For further information, please contact: Investor Relations (Gavin Flynn/Paul Edgecliffe-Johnson): +44 (0) 1753 410 176 +44 (0) 7808 098 972Media Affairs (Leslie McGibbon): +44 (0) 1753 410 425 +44 (0) 7808 094 471 Note to Editors: InterContinental Hotels Group PLC of the United Kingdom (LON:IHG, NYSE:IHG(ADRs)) is the world's largest hotel group by number of rooms. InterContinentalHotels Group owns, manages, leases or franchises, through various subsidiaries,more than 3,500 hotels and 535,000 guest rooms in nearly 100 countries andterritories around the world. The Group owns a portfolio of well recognised andrespected hotel brands including InterContinental(R) Hotels & Resorts, CrownePlaza(R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, Holiday InnExpress(R), Staybridge Suites(R), Candlewood Suites(R) and Hotel IndigoTM, andalso manages the world's largest hotel loyalty programme, Priority Club(R)Rewards, with over 24 million members worldwide. In addition to this,InterContinental Hotels Group has a 47.5% interest in Britvic, one of the twoleading manufacturers of soft drinks, by value and volume, in Great Britain. InterContinental Hotels Group offers information and online reservations for allits hotel brands at www.ichotelsgroup.com and information for the Priority ClubRewards programme at www.priorityclub.com. For the latest news from InterContinental Hotels Group, visit our online PressOffice at www.ihgplc.com/media. Cautionary note regarding forward-looking statements This announcement contains certain forward-looking statements as defined underUS law (Section 21E of the Securities Exchange Act of 1934). Theseforward-looking statements can be identified by the fact that they do not relateto historical or current facts. Forward-looking statements often use words suchas ' target', 'expect', 'intend', 'believe' or other words of similar meaning.By their nature, forward-looking statements are inherently predictive,speculative and involve risk and uncertainty. There are a number of factors thatcould cause actual results and developments to differ materially from thoseexpressed in or implied by such forward-looking statements. Factors that couldaffect the business and the financial results are described in "Risk Factors" inthe InterContinental Hotels Group PLC Annual Report on Form 20-F filed with theUnited States Securities and Exchange Commission. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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