Quintess, The Leading Residences of the World and The Oyster Circle Announce Strategic Alliance

Date: January 19, 2009

Members of Both Destination Clubs Will Have Greater Choice of Luxury Vacation Homes & Destinations

Quintess, The Leading Residences of the World (LRW)(quintess.com), named by the Robb Report as a “Best of the Best Destination Club” for three consecutive years, and The Oyster Circle (http://www.theoystercircle.com/), Europe’s first and leading destination club, have announced a strategic alliance to allow members use of their respective clubs. This agreement demonstrates that Quintess, LRW and The Oyster Circle remain committed to providing their members with ever better and greater luxury-vacation options in the years ahead.

Quintess, LRW has more than 80 luxury vacation homes and experiences in 40+ destinations worldwide, while The Oyster Circle, headquartered in Dublin, has 10 luxury vacation homes in European, U.S and Caribbean destinations. As a result of the alliance, members of each club will have reciprocal access to the homes of the other club, creating a choice of more than 90 luxury vacation homes and experiences in more than 50 destinations worldwide.

New vacation destinations available for Quintess, LRW members include Cannes, St. Tropez and Chamonix in France; Sotogrande in Spain; Umbria in Italy; and the Bahamas in the Caribbean. The Oyster Circle members for the first time will have access to vacation homes in several new destinations including Aspen, Jackson Hole, Kiawah Island, London, Maui, Napa Valley, Paris, Tuscany and Vail/Beaver Creek. Quintess, LRW and The Oyster Circle will closely align operations and reservation-booking policies to make vacation planning seamless for members of both clubs.

"We are pleased to announce this alliance with The Oyster Circle," said Ben Addoms, Founding Member and Executive Vice President of Sales and Marketing for Quintess, LRW. "The Oyster Circle, with its strong European base of homes and commitment to creating memorable luxury vacations for its members, is a great fit with Quintess, LRW and gives our members several new destination and home choices."

"This alliance is the result of close collaboration between our companies," said Paul Crowe, Chief Executive of The Oyster Circle. "We believe that it offers a wonderful opportunity for our members to extend very significantly the variety of homes and holiday experiences that they and their families can enjoy inside The Oyster Circle. Quintess, LRW leads the destination club industry in innovation, quality and customer service and we look forward to a long and mutually beneficial relationship with them over the coming years."

About Quintess, The Leading Residences of the World (quintess.com)
Quintess, The Leading Residences of the World is a luxury destination club that creates highly personalized vacation experiences for its members. Quintess, LRW provides its members with access to 80+ multimillion-dollar residences and experiences in 40+ international resort and city destinations, including Aspen, Los Cabos, Florence, Hawaii, Jackson Hole, London, Napa Valley, New York City, Paris and Tuscany, among countless others. As part of Quintess, LRW’s strategic partnership with The Leading Hotels of the World, Ltd., the club now offers Q Leading Experiences at select member hotels of The Leading Hotels of the World around the globe. With 475+ members, the company remains committed to financial transparency and full disclosure and continues the practice of providing its members with third party audited financial statements.

About The Oyster Circle (http://www.theoystercircle.com/)
The Oyster Circle is Europe’s first, premium, property-based member’s destinations club, established to meet the growing demand for high-end exclusive holidays and short breaks. It consists of an everexpanding portfolio of luxury homes located in the world’s most desirable locations. These properties provide year-round options for our members and access to a complete range of activities – golf, beach, sightseeing and skiing – or, of course, complete relaxation. The vacation homes are all multi-million euro properties with professionally designed interiors and the kind of facilities and equipment you would expect to find in the best villas, chalets and apartments. To complement these stunning homes we provide members with a superlative range of services normally found only in the finest hotels, resorts and private clubs.