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Hilton Hotels Corporation Code of Business …

Hilton Hotels Corporation code of Business conduct and Ethics I. Introduction The Board of Directors of Hilton Hotels Corporation (with its subsidiaries, the Company ) has adopted this code of Business conduct and ethics (this code ) to: promote honest and ethical conduct , including fair dealing and the ethical handling of conflicts of interest; promote full, fair, accurate, timely and understandable disclosure; promote compliance with applicable laws and governmental rules and regulations; promote prompt internal reporting of violations of this code ; ensure the protection of the Company s legitimate Business interests, including corporate opportunities, assets and confidential information; and deter wrongdoing.

Hilton Hotels Corporation Code of Business Conduct and Ethics I. Introduction The Board of Directors of Hilton Hotels Corporation (with its subsidiaries, the

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