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Celebrity Resorts Names Bill Sell Chief Financial Officer

Press Release: Celebrity Resorts
March 22, 2006
ORLANDO, FL -- Celebrity Resorts, one of the fastest growing vacation ownership companies in the nation, today announced the appointment of Bill Sell to the position of chief financial officer. He will report to Jared Meyers, president and chief executive officer.

Mr. Sell has 25 years of financial and accounting experience in the vacation ownership industry. He has held several executive management positions for major timeshare companies, directing financial portfolios with sales in excess of $1.3 billion.

As chief financial officer of Celebrity Resorts, Mr. Sell will take full responsibility for the planning and leadership of the corporate finance, accounting and internal audit functions of this rapidly expanding company.

"I am proud to welcome an industry veteran to my team," said Mr. Meyers. "With his highly impressive record of experience, I am confident that Bill will provide sound financial leadership and add to the growth and prosperity of Celebrity Resorts."

Founded in 1979, Celebrity Resorts has developed and managed numerous successful timeshare projects throughout the nation and in the Caribbean. The company is headquartered in Orlando, Florida, and they currently have 16 resorts in six states, 10 sales centers in five states and an extensive growth plan calling for additional properties in the near future. For additional information about Celebrity Resorts, please visit www.celebrityresorts.com, or call 407-996-3000.

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Carly Collier
Communications Coordinator
Celebrity Resorts
407-996-3097