EXHIBIT 7
CERTIFICATION PURSUANT TO SECTION 302 OF THE
U.S. SARBANES-OXLEY ACT OF 2002
I, Isadore Sharp, Chief Executive Officer, Four Seasons Hotels Inc., certify
that:
1. I have reviewed this annual report on Form 40-F of Four Seasons Hotels
Inc.;
2. Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered
by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows
of the issuer as of, and for, the periods presented in this report;
4. The issuer's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the issuer
and have:*
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
issuer, including its consolidated subsidiaries, is made known to
us by others within those entities, particularly during the
period in which this report is being prepared;
(b) Evaluated the effectiveness of the issuer's disclosure controls
and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as
of the end of the period covered by this report based on such
evaluation; and
(c) Disclosed in this report any change in the issuer's internal
control over financial reporting that occurred during the period
covered by the annual report that has materially affected, or is
reasonably likely to materially affect, the issuer's internal
control over financial reporting; and
5. The issuer's other certifying officer and I have disclosed, based on our
most recent evaluation of internal control over financial reporting, to
the issuer's auditors and the audit committee of the issuer's board of
directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the issuer's
ability to record, process, summarize and report financial
information; and
(b) Any fraud, whether or not material, that involves management or
other employees who have a significant role in the issuer's
internal control over financial reporting.
Date: March 14, 2005 /s/ Isadore Sharp
--------------------------
Isadore Sharp
Chief Executive Officer
* Information regarding internal controls over financial reporting omitted
pursuant to the extended compliance period provided in SEC Release No. 33-8238.
CERTIFICATION PURSUANT TO SECTION 302 OF THE
U.S. SARBANES-OXLEY ACT OF 2002
I, Douglas L. Ludwig, Chief Financial Officer, Four Seasons Hotels Inc., certify
that:
1. I have reviewed this annual report on Form 40-F of Four Seasons Hotels
Inc.;
2. Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered
by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows
of the issuer as of, and for, the periods presented in this report;
4. The issuer's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the issuer
and have:*
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the
issuer, including its consolidated subsidiaries, is made known to
us by others within those entities, particularly during the
period in which this report is being prepared;
(b) Evaluated the effectiveness of the issuer's disclosure controls
and procedures and presented in this report our conclusions about
the effectiveness of the disclosure controls and procedures, as
of the end of the period covered by this report based on such
evaluation; and
(c) Disclosed in this report any change in the issuer's internal
control over financial reporting that occurred during the period
covered by the annual report that has materially affected, or is
reasonably likely to materially affect, the issuer's internal
control over financial reporting; and
5. The issuer's other certifying officer and I have disclosed, based on our
most recent evaluation of internal control over financial reporting, to
the issuer's auditors and the audit committee of the issuer's board of
directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the issuer's
ability to record, process, summarize and report financial
information; and
(b) Any fraud, whether or not material, that involves management or
other employees who have a significant role in the issuer's
internal control over financial reporting.
Date: March 14, 2005 /s/ Douglas L. Ludwig
--------------------------
Douglas L. Ludwig
Chief Financail Officer
* Information regarding internal control over financial reporting omitted
pursuant to the extended compliance period provided in SEC Release No. 33-8238.