Starwood Announces Increase in Maximum Tender Amount and Early Tender Results of Cash Tender Offer and Consent

 Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today announced that it has increased the aggregate principal amount of its cash tender offer (the "Tender Offer") to purchase its 7.875% Senior Notes due 2014 (CUSIP No. 85590AAM6) (the “2014 Notes”), 7.375% Senior Notes due 2015 (CUSIP No. 450912AC4 – ITT Corporation) (the “2015 Notes”), 6.75% Senior Notes due 2018 (CUSIP No. 85590AAL8) (the “2018 Notes”) and 7.15% Senior Notes due 2019 (CUSIP No. 85590AAN4) (the “2019 Notes” and, collectively, the “Notes”) from the previously announced maximum of $515,000,000 to $559,200,000. Starwood has also increased the maximum tender amount with respect to the 2015 Notes and the 2019 Notes to $153,955,000 aggregate principal amount and $40,245,000 aggregate principal amount, respectively.



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