Trendwest Resorts, Inc. Announces Second Quarter Earnings Release Date

Press Release
July 19, 2001
REDMOND, WA -- Trendwest Resorts, Inc. (Nasdaq:TWRI) yesterday announced that it will release the Company's second quarter financial results prior to market open on Wednesday, July 25, 2001, 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 http://www.trendwestresorts.com, choosing ``Audio Presentations'' within the Investor Relations section of the website at 8:00 a.m. PDT.

In addition, a replay of the call will be available on the Company's website through August 15, 2001 or by dialing 800/428-6051 (access code is 202542) through July 27, 2001.

Trendwest Resorts, Inc., headquartered in Redmond, Washington, is a leader in the timeshare industry. Through its exclusive relationships with WorldMark, the Club, and WorldMark South Pacific Club, the Company provides a flexible vacation ownership system, based on the use of Vacation Credits. At March 31, 2001, 119,000 owners enjoyed over 2,235 condominium units at 44 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