ORIENT-EXPRESS HOTELS LTD. (a Bermuda company) 14,403,300 Class A Common Shares (par value $.01 each) SALES AGREEMENTSales Agreement • February 18th, 2003 • Orient Express Hotels LTD • Hotels & motels • New York
Orient-Express Hotels Ltd., a company incorporated in Bermuda ("OEH"), and Sea Containers Ltd., a company incorporated in Bermuda ("Sea Containers") confirm their agreement with you with respect to the offer and sale by Sea Containers of up to 14,403,300 shares (the "Shares") of the class A common shares, par value $.01 each, of OEH (the "Class A Shares"), including 2,459,399 Shares issuable upon conversion of 2,459,399 class B common shares owned by Sea Containers (the "Conversion Shares").
