Mountain Property Added in Preparation for Ski Season

Date: September 15, 2003

Exclusive Resorts' Members have the Best of all Seasons in Whistler

Exclusive Resorts™ has staked claim in one of the most popular mountain destinations in North America - Whistler, British Columbia. Exclusive Resorts' members will find year-round vacation attractions, from skiing and snowboarding in the winter, to golfing, hiking, biking and fishing in the summertime, at the stunning penthouse residences steps from the Blackcomb lifts.

Located at the base of Blackcomb Mountain, Exclusive Resorts owns two penthouse units in the luxurious Four Seasons Private Residences Whistler. Professionally managed by the Four Seasons Hotel, these elegant homes offer members three bedrooms, three and one half baths and access to the services and amenities of the Four Seasons, including a resort pool and spa, ski valet, workout facility and gourmet restaurants. This property will be available for member use by April 2004. While our Four Seasons Private Residences are being completed, Exclusive Resorts has arranged for members to have access to a portfolio of three bedroom homes located directly adjacent to the Creekside Gondola in Whistler/Blackcomb. Accommodations include expansive interiors, finely appointed kitchens and top-of-the-line finishes throughout.

"Pairing the most definitive locations and residences with the amenities, services and convenience of a luxury resort is our goal in every location. In Whistler, we are extremely fortunate at that best possible location happens to be managed by the Four Seasons, one of the world's leading operators of luxury hotels. We can rest assured that our members will have an unforgettable experience in Whistler," said Brent Handler, president of Exclusive Resorts.

Whistler/Blackcomb, located in the Coastal Mountains, just north of Vancouver, boasts the two largest ski mountains, the longest vertical drop and perhaps the most advanced lift network in North America. From skiing, snowboarding and snowmobiling in the winter, to golfing, hiking, biking and fishing in the summertime, Whistler/Blackcomb is immensely popular year-round.