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One&Only Ocean Club named number one Atlantic resort in the Conde Nast Traveler Magazine's Reader's Choice Awards

New York, NY (October 19, 2006) - For the third consecutive year, One&Only Ocean Club on Paradise Island is named the Condé Nast Traveler's 2006 Annual Reader's Choice Awards Top Resort - Atlantic, ranking above properties in Bermuda and the Turks and Caicos. The resort has long been known for its timeless elegance, absolute privacy and exceptional service, making it a treasured hideaway to luxury seeking guests.

Condé Nast Traveler's 2006 Annual Reader's Choice Awards were officially announced on October 16, 2006 at an all-star awards gala in New York City at the American Museum of Natural History and was hosted by the Editor-in-Chief Klara Glowczewska. The awards will be featured in the magazine's November 2006 issue.

Senior Vice President, Latin America and the Caribbean, One&Only Resorts and Managing Director, One&Only Palmilla, Edward Steiner attended the event and accepted the award on behalf of One&Only Ocean Club. He commented, "We continuously aim to be the best in the industry. Receiving this award from the readers of Condé Nast Traveler three years in a row is an incredible honor for us. We are dedicated and committed to offering our guests a One&Only experience.

The 2006 Condé Nast Readers' Choice Awards, one of the highest distinctions in the travel industry, reflects readers' favorite cities, islands, hotels, cruise lines, airlines, and car-rental agencies. The survey results are extracted from the largest independent poll of consumers' preferences, the Readers' Choice Survey, second in size only to the U.S. Census. This year's survey included over 21,000 votes from readers, which offer diverse travel experience and expectations.

The televised version premiered on the Travel Channel on October 25th at 8 PM.

CONTACT: Courtney Thein/Kendra Foley, Susan Magrino Agency, Tel: 212-957-3005, Fax: 212-957-4071, Email: courtney@smapr.com/kendra@smapr.com

Lauren E. Snyder, Senior VP, Corporate PR, Kerzner International, Tel: 212-659-5240, Fax: 212-659-5253, Email: lauren.snyder@kerzner.com

About One&Only Ocean Club

One&Only Ocean Club, once Shangri-La, the exclusive private estate of Huntington Hartford, has emerged at the turn of the 21st century, after a $100 million renaissance, as one of the most elegant luxury resorts in the Americas. Intimate in size, placing the highest priority of pampering personalized attentiveness, the resort offers 106 luxurious accommodations including beachfront and garden-view rooms, suites, cottages and three private villas in a gracious colonial Bahamian style, with round-the-clock butler service and luxurious touches such as champagne and strawberries in the afternoon and icy sorbet served on the beach.

The One&Only Ocean Club's signature restaurant, Dune, is the creation of uber-chef Jean-Georges Vongerichten, who has virtually redefined fine dining in the tropics. The sumptuous One&Only Spa features a fusion of ancient Asian holistic philosophies with uniquely Bahamian hospitality and serene, lush surroundings with private spa villas for one or two, while the championship 18-hole Ocean Club Golf Course designed by Tom Weiskopf, a tennis club, a freshwater pool overlooking the resort's renowned Versailles-inspired gardens, and an extensive menu of water sports offer other recreational options.

About One&Only Resorts:

Created exclusively for the luxury resort market, One&Only Resorts are conceived as hallmarks of excellence. Set in some of the most beautiful locales in the world, each award-winning resort offers guests a distinctive style and personality borne of its local culture, a genuine hospitality and a lively energy that is unrivalled. These properties include the spectacular new One&Only Maldives at Reethi Rah; One&Only Kanuhura also in the Maldives; One&Only Le Saint Géran, and One&Only Le Touessrok with its new villas and championship golf course in Mauritius; One&Only Royal Mirage in Dubai; One&Only Ocean Club in The Bahamas and One&Only Palmilla in Los Cabos, Mexico. A further One&Only is under development in Cape Town. More information on One&Only is available online at www.oneandonlyresorts.com.

About The Company

Kerzner International Limited (NYSE: KZL) is a leading international developer and operator of destination resorts, casinos and luxury hotels. The Company’s flagship brand is Atlantis, which includes Atlantis, Paradise Island, a 2,317-room, ocean-themed destination resort located on Paradise Island, The Bahamas - a unique property featuring three interconnected hotel towers built around a 7-acre lagoon and a 34-acre marine environment that includes the world's largest open-air marine habitat. The resort is also home to the largest casino in the Caribbean. The Company recently commenced development of a major expansion that includes a 600-room all-suite luxury hotel and a significant enhancement of Atlantis water-based attractions. Certain parts of this expansion have already opened, including Marina Village at Atlantis, with the remaining elements expected to open by early 2007. The Company is extending its Atlantis brand globally with the development of Atlantis, The Palm, Dubai, an approximately 2,000- room, water-themed resort expected to open in 2008, currently being constructed on The Palm, Jumeirah, a multi-billion dollar leisure and residential development in Dubai. In its gaming segment, the Company developed and receives certain income derived from Mohegan Sun in Uncasville, Connecticut, which has become one of the premier casino destinations in the United States. The Company is also a 37.5% owner of BLB Investors, L.L.C., which owns Lincoln Park in Rhode Island and pari-mutuel racing facilities in Colorado. In the U.K., the Company is currently developing a casino in Northampton and received a Certificate of Consent from the U.K. Gaming Board in 2004. In its luxury resort hotel business, the Company manages ten resort hotels primarily under the One&Only brand. The resorts, featuring some of the top-rated properties in the world, are located in The Bahamas, Mexico, Mauritius, the Maldives and Dubai. An additional One&Only property is currently in the planning stages in South Africa. For more information concerning the Company and its operating subsidiaries, visit www.kerzner.com.

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties which are described in the Company's public filings with the U.S. Securities and Exchange Commission.

Investor inquiries regarding the Company should be directed to Omar Palacios at +1.242.363.6018.

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