TORONTO, March 16 /PRNewswire-FirstCall/ -- Four Seasons Hotels Inc. (TSX Symbol "FSH"; NYSE Symbol "FS") announced today that it has mailed a notice to the holders of its 1.875% Convertible Senior Notes due 2024 containing information in connection with the proposed acquisition of Four Seasons by a newly formed company owned by affiliates of Cascade Investment, L.L.C. (an entity owned by William H. Gates III), Kingdom Hotels International, a company owned by a trust created for the benefit of His Royal Highness Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud and his family, and Isadore Sharp. The notice, among other things, advises that, if the transaction is completed, cash consideration will be delivered upon any subsequent conversion of notes. DATASOURCE: Four Seasons Hotels and Resorts CONTACT: Four Seasons Hotels Inc., John Davison, Chief Financial Officer, (416) 441-6714; Barbara Henderson, Senior Vice President, Corporate Finance, (416) 441-4408

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