Cedar Capital Partners Announces the Acquisition of a 50% Interest in the Hotel des Bergues

London, 25 March, 2009 - Cedar Capital Partners ("Cedar") announced today the acquisition of a 50% interest in the Four Seasons Hotel des Bergues, Geneva. The hotel which was acquired with one of Cedar's institutional investors is one of Switzerland’s leading luxury hotels. The hotel which overlooks Lake Geneva reopened in September 2005 following an extensive renovation programme. Since the reopening, the 170 year old hotel has been the market leader. An extension of the hotel is planned to start in the fourth quarter of 2009 and will include the re-development of two floors of old staff/living quarters into 20 suites, a spa, and a private members leisure club About Cedar Capital Partners Cedar Capital Partners is a hotel investment firm that focuses on full service and luxury hotels. The firm has acquired over $1 billion worth of luxury hotels on behalf of its institutional partners. FOR MORE INFORMATION PLEASE CONTACT Cedar Capital Partners Mr. Phil Golding Vice President Tel: +44 20 7484 3564 Fax: +44 20 7484 3561 E-mail: phil@cedarcp.com