Australia - Sheraton Hotels and Resorts and Four Points by Sheraton in Australia, New Zealand Fiji have launched the "Check In Early� campaign where great savings can be found with advance purchase.

From 15 May till 30 September 2002, special discounts are given for bookings made in advance of the stay. The earlier the purchase is made in advance of the stay, the greater the savings. For bookings made at least 30 days in advance of the stay, you can enjoy savings of 60% discount from the published rates at selected hotels. Other discounts apply for bookings made 7, 14 or 21 days in advance of the stay.

"Travellers are used to booking airfares in advance to obtain the best fare and we are adapting the same benefits to accommodation rates at the Sheraton and Four Points by Sheraton hotels through this campaign. The rewards are the most generous when you can plan and book ahead�, said David Shackleton, Area Managing Director for Starwood Hotels & Resorts for Australia, New Zealand and Fiji. "We understand the need to plan cost-effective travel and we are providing our customers with a plan that will allow them to enjoy great savings while staying at the finest quality hotels added Shackleton.

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Page 2 "Check In Early Campaign� at Sheraton and Four Points by Sheraton

Sheraton Hotels & Resorts and Four Points by Sheraton are two of the six distinctive brands of Starwood Hotels & Resorts Worldwide Inc., one of the largest hotel management and operating companies in the world. Sheraton Hotels & Resorts represents the finest in five star comfort, quality and style and Four Points by Sheraton is the midscale full service brand that was voted number one in the "Mid-Price with Food & Beverage� category in the Business Travel News� Annual Top U.S. Hotel Chain Survey 2002.

Listed below are the 30 days advance purchase rates at Sheraton Hotels & Resorts and Four Points by Sheraton in Australia, New Zealand and Fiji : - - Sheraton Perth Hotel A$120 - Sheraton Brisbane Hotel & Towers A$165 - Sheraton On The Park, Sydney A$195 - Sheraton Towers Southgate Melbourne A$260 - Sheraton Auckland Hotel & Towers A$170 - Sheraton Noosa Resort A$215 - Sheraton Mirage Gold Coast A$246 - Sheraton Mirage Port Douglas A$299 - Sheraton Royal Denarau Resort FJD$270 - Sheraton Denarau Villas FJD$318 - Sheraton Fiji Resort FJD$342 - Four Points by Sheraton Sydney A$155 - Four Points by Sheraton Geelong A$145 - Four Points by Sheraton Port Macquarie A$145 (opens on 22 May 2002)

The above rates quoted in Australian dollars and are inclusive of GST. Rates quoted in New Zealand and Fijian dollar rates are exclusive of local taxes & breakfast. Confirmation of booking is subject to availability. When booking, please ask for "ADV30DAY� or "ADV14DAY� or "ADV07DAY� Reservations can be made by calling toll free 1800 07 3535 from Australia, or 0800 803 535 from New Zealand.

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Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with more than 740 properties in more than 80 countries and 110,000 employees at its owned and managed properties. With internationally renowned brands, Starwood is a fully integrated owner, operator and franchiser of hotels and resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwood.com.

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