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Kerzner Promotes Howard Karawan to Divisional President/Managing Director.


PARADISE ISLAND For the DC Comics fictional island formerly known as Paradise Island, see Themyscira

Paradise Island is an island in the Bahamas, north of the island of New Providence which is home to (Nassau). It is best known for the sprawling 'Vegas-by-the-sea resort' Atlantis.
, The Bahamas -- Kerzner International Limited (NYSE NYSE

See: New York Stock Exchange
:KZL) (the "Company"), a leading international developer and operator of destination resorts, casinos and luxury hotels, today announced the promotion of Howard Karawan to Divisional President/Managing Director of the Company's Destination Resorts business, effective immediately. Mr. Karawan, formerly Executive Vice President and Chief Marketing Officer, will oversee the Company's flagship property, Atlantis, Paradise Island in The Bahamas, and its anticipated future destination resorts, Atlantis, The Palm This article contains information about a building currently under construction.
It may contain information of a speculative nature, and the content may change dramatically as construction progresses and new information becomes available.
 in Dubai and Mazagan in El Jadida El Jadida (ĕl jädē`də) or Al-Jadida (äl-jädē`də), city (1994 pop. 119,083), W Morocco, on the Atlantic Ocean. Agricultural products are exported from the port. , Morocco, and will report directly to the Company's Chief Executive Officer, Butch Kerzner.

Butch Kerzner commented, "Howard has been an integral contributor to our success and growth over the past ten years. His sound judgment, expertise in brand management and strategic understanding of our business will prove invaluable as we build for the future. Howard and his outstanding team have extended Atlantis, Paradise Island's presence in the travel and leisure industry and have turned Atlantis into one of the most widely recognized brands in the world. Thanks to the success of our Paradise Island property, we can continue to expand this brand globally and grow our Destination Resorts business into other markets."

Mr. Karawan, 43, first joined the Company ten years ago as Vice President, Sales & Marketing, responsible for the Company's marketing activities on Paradise Island. Mr. Karawan was responsible for the re-launch of Atlantis, Paradise Island following the completion of the $640 million Phase II expansion project, as well as the sustained positioning of the resort on a global level. Atlantis, Paradise Island has consistently achieved one of the highest occupancy levels of any major resort in the Caribbean and is considered the catalyst for the revitalization re·vi·tal·ize  
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy.
 of tourism in The Bahamas. Since 1999, Mr. Karawan has held the position of Executive Vice President and Chief Marketing Officer, where he has been instrumental in developing the overall strategic direction of the Company's destination resort businesses, putting One&Only Resorts on the map and overseeing the Company's worldwide marketing and brand management activities.

Today's appointment fills the third senior executive slot in the Company's three lines of business: International Gaming, headed by Divisional President/Managing Director Tobin Prior, One&Only Resorts, headed by Divisional President/Managing Director J.T. Kuhlman and Destination Resorts, which will now be headed by Mr. Karawan.

About the Company

Kerzner International Limited (NYSE:KZL) is a leading international developer and operator of destination resorts, casinos and luxury hotels. The Company's flagship brand is Atlantis, which includes Atlantis, Paradise Island, a 2,317-room, ocean-themed destination resort located on Paradise Island, The Bahamas. Atlantis, Paradise Island is a unique destination resort featuring three interconnected hotel towers built around a 7-acre lagoon and a 34-acre marine environment that includes the world's largest open-air marine habitat and is the home to the largest casino in the Caribbean. The Company also developed and receives certain income derived from Mohegan Sun The Mohegan Sun Resort and Casino located in the village of Uncasville in the town of Montville, Connecticut, U.S., is the world's second largest casino. It is located on 240 acres (0 km) along the banks of Thames River.  in Uncasville, Connecticut, which has become one of the premier casino destinations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . In the United Kingdom, Kerzner is currently developing a casino in Northampton and received its Certificate of Consent from the U.K. Gaming Board on March 30, 2004. In its luxury resort hotel business, the Company manages nine resort hotels primarily under the One&Only brand. The resorts, featuring some of the top-rated properties in the world, are located in The Bahamas, Mexico, Mauritius, the Maldives and Dubai. Additional One&Only properties are either underway or in the planning stages in the Maldives and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . For more information concerning the Company and its operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , visit http://www.kerzner.com.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, which are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These forward-looking statements involve risks and uncertainties which are described in the Company's public filings with the U.S. Securities and Exchange Commission.

Investor inquiries regarding the Company should be directed to Omar Palacios at +1.242.363.6018. Media inquiries should be directed to Lauren Snyder at +1.242.363.6018.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 21, 2004
Words:675
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