TMX group

TORONTO, May 18 /CNW/ - Four Seasons Hotels Inc. (TSX Symbol "FSH.SV";
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,
2005, payable on July 15, 2005 to holders of Limited Voting Shares of record
on June 30, 2005. The Board of Directors also declared a dividend of 2.75
cents per Variable Multiple Voting Share for the period ending June 30, 2005,
payable on July 15, 2005 to holders of Variable Multiple Voting Shares of
record on June 30, 2005.
All dollar amounts referred to in this news release are in Canadian
dollars.

Dedicated to continuous innovation and the highest standards of
hospitality, Four Seasons invented luxury for the modern traveller. From
elegant surroundings of the finest quality, to caring, highly personalised 24-
hour service, Four Seasons embodies a true home away from home for those who
know and appreciate the best. The deeply instilled Four Seasons culture is
personified in its employees - people who share a single focus and are
inspired to offer great service. Founded in 1960, Four Seasons has followed a
targeted course of expansion, opening hotels in major city centers and
desirable resort destinations around the world. Currently with 66 hotels in 29
countries, and more than 20 properties under development, Four Seasons will
continue to lead luxury hospitality with innovative enhancements, making
business travel easier and leisure travel more rewarding. For more information
on Four Seasons, visit www.fourseasons.com.