World's largest hotel group is the latest U.K. blue-chip company to appoint JPMorgan as successor depositary bank
London, March 1, 2006 - JPMorgan today announced that it has been appointed successor depositary bank by InterContinental Hotels Group PLC ("IHG") for its NYSE-listed American Depositary Receipt ("ADR") programme which backs its ordinary shares on the London Stock Exchange. IHG is the world's largest hotel group by number of rooms.
JPMorgan maintains an extensive European client base, managing more than 70 blue-chip ADR programmes in the region, including over 30 ADR clients in the U.K.
Patrick Colle, global head of ADRs at JPMorgan, said, "We look forward to supporting and growing InterContinental's ADR programme by putting our unique ADR resources to work, which include an expanded DR Liquidity Solutions unit, the recent formation of a dedicated Investor Relations and Advisory team, and our widely-followed ADR.com Web site."
More information on ADRs and international equities is available at JPMorgan's award-winning Web site
adr.com.
About InterContinental Hotels Group PLC
InterContinental Hotels Group PLC of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, almost 3,600 hotels and 539,000 guest rooms in nearly 100 countries and territories around the world. The group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel Indigo
TM, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at
www.jpmorganchase.com.
