Four Seasons Hotels Inc.: Dividend

Four Seasons Hotels Inc.: Dividend 


TORONTO, May 12  /PRNewswire-FirstCall/ -- Four Seasons Hotels Inc. (TSX Symbol
"FSH"; NYSE Symbol "FS") announced today that the Board of Directors has
declared a dividend of 5.5 cents per Limited Voting Share for the period ending
June 30, 2004, payable on July 15, 2004 to holders of Limited Voting Shares of
record on June 30, 2004. The Board of Directors also declared a dividend of
2.75 cents per Variable Multiple Voting Share for the period ending June 30,
2004, payable on July 15, 2004 to holders of Variable Multiple Voting Shares of
record on June 30, 2004.

All dollar amounts referred to in this press release are in Canadian dollars.

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With a history spanning four decades and a portfolio that extends worldwide,
Four Seasons Hotels and Resorts is the world's leading operator of luxury
hotels, currently managing 62 properties in 29 countries. Four Seasons Resort
Provence at Terre Blanche opened March 25, 2004, the company's first resort in
Europe. Four Seasons continues to grow, with more than 20 projects under
construction or development in choice locations around the world. Four Seasons
consistently ranks high in global awards and accolades. In addition to having
the most Mobil Five Star awards in the industry, Four Seasons was included in
Fortune magazine's "100 Best Companies To Work For" for the seventh year in a
row. The company is also consistently highly ranked in readers' surveys in
publications such as Conde Nast Traveler, Travel + Leisure, Institutional
Investor, Andrew Harper's Hideaway Report, Gallivanter's Guide and the Zagat
Survey. Information on the company and its 43 years of achievement in the
hospitality industry can be accessed through the Four Seasons Web site at
http://www.fourseasons.com/. 

DATASOURCE: Four Seasons Hotels and Resorts



CONTACT: CONTACT: Douglas L. Ludwig, Chief Financial

Officer and Executive Vice President, [phone]; Barbara Henderson, Vice

President Taxation and Investor Relations, [phone]

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