Company Profile For Grupo Posadas, S.A.B. de C.V.

Grupo Posadas SAB de CV (Posadas) is a Mexican company principally engaged in the construction, acquisition, leasing, promotion, operation and administration of hotels. It operates a network of hotels that includes the Aqua, Fiesta Americana Grand, Fiesta Americana, Fiesta Inn, One Hotels, Caesar Park and Caesar Business brand names. The Company, along with Hilton Hotels Corp and Resort Condominiums International (RCI), also manages a network of vacation clubs under the Fiesta Americana Vacation Club (FAVC) name, which comprises the hotel complexes located in Los Cabos, Acapulco, Cancun and Chetumal. The Company owns such subsidiaries as Inmobiliaria Hotelera Posadas SA de CV, Gran Inmobiliaria Posadas SA de CV, Gran Operadora Posadas SA de CV, Sudamerica en Fiesta SA, Posadas USA Inc and Fondo Inmobiliario Posadas SA de CV, among others. Through its subsidiaries, the Company has operations established in Brazil, Argentina, Chile and the United States.

BRIEF: For the nine months ended 30 September 2009, Grupo Posadas SAB de CV's total revenue increased 1% to PS5.14B. Net income for the period increased totaled PS163.2M, vs. a loss of PS46.3M. Total revenue reflects an increase in demand for the Company's products and services. Net income for the period reflects the presence of income from equity in affiliates investment, higher interest income as well as decreased administrative costs.