Trendwest Resorts, Inc. Announces Fourth Quarter/Year End Earnings Release Date

Press Release: Trendwest Resorts
January 18, 2002
REDMOND, WA -- Trendwest Resorts, Inc. (Nasdaq:TWRI) yesterday announced that it will release the Company's fourth quarter and Year 2001 financial results prior to market open on Thursday, January 31, 2002, followed by a conference call at 8:00 a.m. (Pacific time). The conference call will include a brief discussion of the quarter followed by questions and answers. The call will include remarks by Bill Peare, President and CEO, Jeff Sites, Chief Operating Officer, and Tim O'Neil, Chief Financial Officer.

Participants may listen to the simultaneous webcast of the conference call by logging onto the company website at www.trendwest.com and choosing ``Presentations'' within the Investor Relations section of the website at 8:00 a.m. PST.

In addition, a replay of the call will be available on the Company's website through February 28, 2002 or by dialing 800-642-1687 (access code is 2918046) through February 2, 2002.

Trendwest Resorts, Inc., headquartered in Redmond, Washington, is a leader in the timeshare industry and recently ranked 33rd in Forbes List of 200 Best Small Companies. Through its exclusive relationships with WorldMark, the Club, and WorldMark South Pacific Club, the Company provides a flexible vacation ownership system, based on use of Vacation Credits. At September 30, 2001, Trendwest had 46 sales offices, and nearly 141,000 WorldMark and WorldMark South Pacific owners enjoyed over 2,640 condominium units at 47 resort locations in the United States, British Columbia, Mexico, Fiji and Australia. For more information visit Trendwest and WorldMark at www.trendwestresorts.com, and www.worldmarktheclub.com.

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Contact:

Trendwest Resorts, Inc.
Pat Peckol, 425/498-2549