BUSINESSWEEK ONLINE : AUGUST 7, 2000 ISSUE
BUSINESSWEEK INVESTOR -- THE BARKER PORTFOLIO

Orient-Express' Second-Class Deal


1999 RESULTS           ORIENT-EXPRESS          FOUR SEASONS
                          (OEH.A)                 (FS)

REVENUES               $242 million           $189 million

OPERATING MARGIN        26%                    32%

CASH FLOW              $42 million            $73 million

DEBT-EQUITY RATIO*      0.67                   0.32

TOTAL MARKET VALUE**   $665 million**         $2.4 billion


* As of Mar. 31, 2000; Orient-Express ratio is as if it were already a 
public company
** Estimate for Orient-Express; as of July 21 for Four Seasons

DATA: COMPANY REPORTS


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TABLE: Orient-Express' Second-Class Deal



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