Four Seasons sets 2004 first quarter earnings release date TORONTO, April 12 /PRNewswire-FirstCall/ -- Four Seasons Hotels Inc. (TSX Symbol "FSH"; NYSE Symbol "FS") announces that it will be releasing its 2004 first quarter earnings on Thursday, May 6, 2004, before the markets open. The Company expects to hold a conference call to discuss the results on the same day at 10:00 a.m. (Eastern Daylight Time). To access the call dial: 1 (800) 289-6406 (U.S.A. and Canada) 1 (416) 641-6700 (outside U.S.A. and Canada) To access a replay of the call, which will be available for one week after the call, dial: 1 (800) 558-5253, Reservation Number 21192385. A live web cast will also be available by visiting http://www.fourseasons.com/investor. This web cast will be archived for one month following the call. -------------------- Four Seasons Hotels Inc. will be holding an Annual and Special Meeting of Shareholders on Wednesday, May 12, 2004 at 10:00 a.m. (Eastern Daylight Time), in the Regency Ballroom of Four Seasons Hotel Toronto, 21 Avenue Road, Toronto, Ontario, Canada. -------------------- 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 morethan 20 projects under construction or development in choice locations around the world. In the next several months, the Company will open new properties in Budapest, Hungary; Whistler, Canada; and Hampshire, England. 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: Barbara Henderson, Vice President Taxation and Investor Relations, (416) 441-4329

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