ihgr, page-9

Williak,

IHG has already gone ex-Rights. The general rule of thumb is that a holder must registered on the Record date, which is normally '5 days' prior to the Entitlement Date. This allows the Share Registry to have an up-to-date list of shareholders on the Entitlement Date.

Hope that make sense. Therefore, if you purchase IHG FPO's now, you are not entitled to participate in the Righs issue, unless you buy the renounceable rights in "IHGR"

Hope that clarifies!

Cheers Freakme