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One&Only Palmilla combines luxury and sport with the introduction of 50-foot Sunseeker yacht

December 2006 (Los Cabos, Mexico) – One&Only Palmilla brings exemplary service to the high seas this December with the debut of the luxurious Sunseeker Portofino 50 Yacht. This exclusive service offered by One&Only Palmilla is the first vessel of its kind in Los Cabos to offer a daily private charter service for guests at the lavish resort.

This elite yacht ensures our clients can experience the breathtaking vistas of the Pacific coast and Sea of Cortez while still enjoying the utmost level of luxury and comfort that is always provided to guests at One&Only Palmilla, says Edward Steiner, Senior Vice President, Latin America and the Caribbean, One&Only Resorts and Managing Director, One&Only Palmilla.

The Sunseeker 50 will be available to guests for six hour cruises during day and evening hours. The yacht can accommodate intimate parties of up to eight and is designed for luxurious ocean excursions complete with snorkeling, scuba diving and gray whale watching during the peak months of December thru March. In addition to the many activities available onboard, guests are also encouraged to enjoy shaded relaxation and sunning on the bow and stern of the vessel. Each charter includes meals prepared by the onboard chef with a selection of menus for the guests to choose from.

In the evening guests aboard the Sunseeker can enjoy sunset dinners accompanied with cocktails and a four course degustation menu served on the lower deck. Each menu features a selection of fresh produce and seafood indigenous to the area.

The elegant and spacious motor yacht boasts a skilled onboard staff, two bedrooms, two bathrooms, a full kitchen, dining room and sitting room equipped with a flat screen television and surround-sound stereo.

Yacht arrangements can be made through private butlers at One&Only Palmilla. The prices vary according to service and duration.

About One&Only Palmilla

The renewed One&Only Palmilla resort maintains the classic Mexican ambiance which has made it a favorite among an international "who's who" since its original opening in 1956, while expanding and recreating the legendary property for a new generation of travelers. The resort features 172 spacious rooms and suites, each luxuriously appointed and offering magnificent views of the Sea of Cortez, along with three restaurants, the indoor/outdoor One&Only Spa, two pools including a children's swimming and activity area, a new Executive Conference Center, and the property's renowned Chapel, which makes One&Only Palmilla a favorite for weddings. The resort also boasts the 27-hole Palmilla Golf Club, designed by Jack Nicklaus.

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 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 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 planned for development in Cape Town. More information on One&Only is available at oneandonlyresorts.com.

About the Company

Kerzner International Limited, through its subsidiaries, 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 seven-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. Development of a major expansion on Paradise Island is currently underway and will include 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 the Marina Village at Atlantis, with the remaining elements expected to open by the second quarter of 2007. The Company is extending its Atlantis brand globally with the development of Atlantis, The Palm, Dubai, an approximately 1,500-room, water-themed resort expected to open in late 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.

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

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