Salamander Acquires the Woodlands

. October 14, 2008

MIDDLEBURG, VA, June 28, 2006. Salamander Hospitality LLC is pleased to announce the purchase of Woodlands Resort & Inn in Summerville, South Carolina. The acquisition adds the 19 room, Mobil Five-Star, AAA Five Diamond property to the Salamander Hospitality portfolio, which also includes the highly anticipated 120 room Salamander Resort and Spa in Middleburg, Virginia which is currently under development and scheduled to open in early 2009.

Woodlands Resort & Inn is one of only three lodging properties in America to be awarded the Mobil Five-Star and AAA Five Diamond awards for both lodging and dining. It is also a member of the highly esteemed Relais & Chateaux and is the Charleston area's luxury retreat only 30 minutes from the historic District. The Dining Room has been awarded the Relais & Chateaux highest culinary designation - Relais Gourmand. The magnificently restored 1906 revival home is famous for elegantly appointed guest rooms, award-winning cuisine and superb service displaying a rare charm and quiet deference.

Sheila Johnson, chief executive officer of Salamander Hospitality remarked, "I am thrilled to add this world-class property to our Salamander collection. I think it will be a great compliment to our ultra luxury resort in Middleburg. Guests who are looking forward to staying with us at the Salamander Resort and Spa will love the experience of Woodlands Resort & Inn. It is truly a special place." Prem Devadas, president added, "Having spent many years in the Charleston area at the Kiawah Island Golf Resort, I believe that there is a great opportunity to increase awareness of Woodlands on a national level. The Woodlands management team, led by General Manager Marty Wall, has done a superb job of creating one of America's finest lodging and dining experiences. We look forward to supporting their efforts by physically enhancing and expanding the property and providing additional sales and marketing distribution."

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