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Exclusive Resorts Adds 28 New Luxury Mountain Vacation Residences

DENVER and WASHINGTON, D.C. (December 20, 2005) – Exclusive Resorts, the leader in the rapidly growing luxury residence club category, today announced its significant expansion in four North American mountain destinations: Vail, Colorado; Deer Valley, Utah; Lake Tahoe, California and Whistler, British Columbia. The addition of these luxury residences further enhances the vacation experience for Exclusive Resorts members by expanding the industrys largest collection of multi-million dollar vacation homes.

The most recent mountain expansion consists of 28 luxury residences, most of which the club has already made available to members. The new residences in Vail are under construction and will open in late 2007.

“Exclusive Resorts is becoming the preferred way for affluent consumers to vacation because we offer our members the most luxurious residences, personalized service and the ultimate vacation experience, all without the hassles or cost of ownership,” said Donn Davis, CEO of Exclusive Resorts.

Dozens more residences in several destinations are scheduled to open in the coming months and years for Exclusive Resorts members. Today, members have access to nearly 300 private luxury residences in 36 of the worlds most sought-after destinations.

The clubs newest mountain residences include:

Vail, Colorado
The Arrabelle at Vail Square, part of a complete redevelopment of the area formerly known as Lionshead, is the most sought-after real estate in the Vail Valley. Exclusive Resorts is the only luxury residence club under contract at The Arrabelle, having secured 10 of these fantastic residences in the heart of the new European-style ski village.

Just steps from Vails gondola, the new Exclusive Resorts residences will average 2,500 square-feet with three bedrooms and four baths, and offer amenities such as valet underground parking, ski valet service, rooftop pool and hot tubs. They are located just steps from more than 33,000 square feet of retail shops, boutiques, galleries and restaurants.

The club already has a presence in the famed Vail/Beaver Creek ski areas. With an average snowfall of 346 inches, more than 5,000 acres of skiable terrain stretching over seven miles, and spectacular views of the Gore Range and Continental Divide, Vail is a "must ski" for Exclusive Resorts members during the winter months. And cutthroats, brookies, rainbow and brown trout up to 12 pounds are a few of the prize fly-fishing catches from the dozens of creeks and reservoirs in the area during the summer months.

Deer Valley, Utah
Ten minutes from Park City, Exclusive Resorts offers the best access to the slopes that can be found in Deer Valley. The club has added 10 new luxurious 3,000 square-foot, four bedroom, four-and-a-half bathroom homes right at the base of the Northside Express lift, an incomparable location for the skier who wants to hit the trails without hassles (while this lift is open to the public, there is no public parking anywhere nearby). With dazzling natural light, radiant heated hardwood floors throughout the house, hot tub and dedicated media room, these are the premier residences for those who know Deer Valley.

In the summer, Deer Valley continues to delight the outdoor enthusiast with single and double-track mountain biking from any of the towns three ski resorts. Featuring more than 200 miles of public trails, Exclusive Resorts members can experience a mellow, scenic pedal or an adrenaline-raising thrill ride over steep terrain. Or, vacationers can grab some waders and a rod and tap their line across Utahs famous blue-ribbon trout stream, the Provo River.

North Lake Tahoe, California
Exclusive Resorts will be adding four new three- and four-bedroom luxury homes in Great Bear Lodge within the Village at Northstar development, one of the countrys newest premier ski-in/ski-out mountain communities. The new homes overlook both an outdoor skating rink and the slopes of the Northstar ski resort. At an average of 3,000 square feet, these residences will provide members all the space and elegance they could ask for, including a full complement of resort amenities, such as hot tubs, wireless Internet, state-of-the-art fitness facility and underground parking.

With residences also available at Squaw Valley USA, Exclusive Resorts offers members the best of both worlds in the North Lake Tahoe resort area. Lake Tahoe is equally known perhaps for its appeal during the summer months. Fly-fishing, golf, hiking and water-skiing are just some of the delights that the area offers Exclusive Resorts members visiting Lake Tahoe during the summer.

Whistler, British Columbia, Canada
Exclusive Resorts four new Kadenwood Estates homes in Whistler are among the most exquisitely designed in the clubs entire portfolio. These spectacular 4,250 square-foot, four-bedroom homes sit high on Whistler Mountain with sweeping views of the entire valley and a closeness with nature rarely found in one of North Americas top mountain resorts. The construction and design of these homes have been tailored entirely to the needs, desires and wishes of club members: from the timber and stone design, to the carefully considered views and plate glass windows, to the built-in amenities such as a steam room and hot tub.

From skiing, snowboarding and snowmobiling all the way through June, to golfing, hiking, biking and fishing during British Columbia's glorious summers, Whistler delights Exclusive Resorts members year-round.

About Exclusive Resorts:
Exclusive Resorts is the leader in the new consumer segment of luxury residence clubs. Exclusive Resorts offers its members unprecedented access to a portfolio of hundreds of the finest luxury vacation residences in dozens of the worlds most desirable destinations. With an average value of approximately $3 million, each residence combines the spaciousness and elegance of a private home with the services, amenities and conveniences of a five star resort. Membership in Exclusive Resorts eliminates the burdens of owning a second home, the limitations of fractional real estate, and the uncertainties of renting a villa. Members of Exclusive Resorts pay a one-time Membership Fee that is 80 percent refundable upon resignation, plus Annual Dues. Exclusive Resorts is the partner of choice in the luxury residence club segment, with strategic alliances with leading companies including American Express, Marquis Jet, fleet by NetJets, and Neiman Marcus InCircle Rewards. The Company is based in Denver, Colorado and Washington, D.C. For more information on Exclusive Resorts membership, please call 800.447.8988 or visit www.exclusiveresorts.com.

FOR FURTHER INFORMATION:   
Corporate Contact 
Exclusive Resorts, LLC 
Collin Anne Conaway 
Public Relations Manager 
Tel: 303.493.6163 
Fax: 303.474.7910 
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