Diethelm Enters Sri Lanka and Maldives In-bound Tourism Markets

. October 14, 2008

MARCH 4, 2008. Diethelm Travel Group (DTG) today announced their entry into the Sri Lanka (DTSL) and The Maldives (DTTM) in-bound tourism markets.

Abbas Esufally, Group Director, Hemas Holdings PLC, and Chairman, DTSL, said "We believe the outstanding performance of The Maldives will continue for many years to come. We recently sought to strengthen our Sri Lankan business by finding a partner with a truly global distribution reach. From day one of entering dialogue with DTG, it was clear we had found a like-minded, service-oriented, company with strong ethics and financial resources."

Chief Executive Officer of DTG, John Watson, said "Our customers have long been asking for a Diethelm Travel presence in Sri Lanka and The Maldives. We have found an excellent partner in Hemtours, a long-established, highly regarded, and quality tour operator. We are now in the process of re-branding the Hemtours businesses and will be trading as DTSL and DTTM during Q4 2008."

Richard Brouwer, Chief Operating Officer DTG, added "The key in any business is the quality of its people. We are, therefore, delighted to announce that the current Managing Director of Hemtours, Harith Perera, has agreed to accept the position as Managing Director, DTSL and DTTM. Harith will join the DTG senior management team and, under his leadership, we have every confidence that our businesses in Sri Lanka and The Maldives will rise to even greater heights."

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