Press Release: Thousand Trails, Inc.
May 17, 2002
DALLAS, TX -- Thousand Trails, Inc. (AMEX:TRV) announced yesterday that, effective immediately, it has appointed
Grant Thornton LLP as its independent auditor for fiscal 2002, replacing Arthur Andersen LLP. The change was approved
by Thousand Trails' Board of Directors based on the unanimous recommendation of the Audit Committee.
"For more than 10 years Andersen has provided Thousand Trails with outstanding audit services and adhered
to a high standard of professionalism," said Bill Shaw, President and CEO. "However, after a thorough
evaluation process that included a review of several audit firms, the Board concluded that Grant Thornton would
bring the best combination of talent and experience to the auditing effort going forward. We look forward to working
with Grant Thornton in the firm's new role as our independent auditor."
Founded in 1969 to provide a secure, friendly, and affordable camping experience, Thousand Trails today offers
a premium outdoors destination to 115,000 members at 59 membership-based camping preserves located in 17 states
and British Columbia, Canada. Thousand Trails also provides a reciprocal use program for members of approximately
300 recreational facilities and manages 241 public campgrounds for the US Forest Service and other entities.
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Contact:
Thousand Trails, Inc., Dallas
Bryan D. Reed, 972/243-2228