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Sale of Carlson Hotels Inc. to HNA Tourism Group is Completed

Rezidor Skyline

Today, the Chinese group HNA Tourism Group Co, Ltd. ("HNA") announced the successful completion of its purchase of Carlson Hotels Inc. from Carlson Hospitality Group, Inc. This transaction includes Carlson's stake in Rezidor Hotel Group AB ("Rezidor"), representing 51.3% of outstanding shares.

For further information related to the acquisition, please refer to:

Please also refer to press release issued by Rezidor on 28 April 2016 when the transaction was first announced:

Rezidor notes that HNA is now under an obligation to either launch a mandatory tender offer for the remaining outstanding shares in Rezidor or sell down its ownership in Rezidor below thirty percent within four weeks from the completion, i.e. no later than 4 January 2017. Rezidor has not been provided with any further information regarding HNA's intentions.

For further requests please contact:
Knut Kleiven, Deputy President & CFO at knut.kleiven@rezidor.com

This information is information that Rezidor is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 7 December 2016 at 20.20 CET.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Rezidor Hotel Group Ab's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.