Mountain Creek Launches 'Uncommon Ground'

Longest Terrain Park in the Eastern Region set to Open January 6th

Press Release: Mountain Creek
January 5, 2001
VERNON, NJ -- Mountain Creek will hold the grand opening of ``Uncommon Ground'', the longest terrain park in the eastern region with more than 8,500 feet of snowpark terrain, this Saturday, January 6th. The much anticipated opening will feature a full day of activities complete with the Mountain Creek Snowboard team providing pointers to the public on some of the 50 new terrain park elements including custom-built handrails never before seen in this region and two perfectly shaped half pipes, the newest of which is over 500 feet long. ``Uncommon Ground'' broadens our total terrain park coverage to nearly 25% of our 43 trails. The entire terrain park is lit for night riding and boasts a 10,000 watt sound system. This Intrawest owned resort boasts over 15 miles of trails on four mountain peaks with 100% snow making and night skiing.

The new 500-foot halfpipe is excavated into the ground rather than on top of it, translating into more riding and a longer season. Unlike most pipes, this new feature is located front and center of the Base Area, providing perfect viewing of tricks and contests for all visitors.

``These are some of the best conditions we have seen in years,'' said Marc Tremblay, Vice President/General Manager Business Development. ``We expect Uncommon Ground to become the largest snow park playground for visitors of the region, especially with these awesome conditions.''

Freestyle riders and skiers will find over 50 terrain park elements including, table tops, hip jumps, quarter pipes, rollers and this year 15 new handrail elements including three 30 foot rainbow rails. ``Uncommon Ground'' is for everyone from novice to pro level riders, and includes safety features such as a bridge to ease traffic patterns and separate beginner areas.

Mountain Creek is open seven days per week from 9:00 a.m. - 10:00 p.m. and offers reduced season passes for the 2001 season starting at $349.00

For more information visit http://www.mountaincreek.com or call 973-827-2000.

Intrawest is the leading developer and operator of village-centered resorts across North America. The company owns ten mountain resorts, including Whistler/Blackcomb, North America's most popular mountain resort. Intrawest is also developing resort villages at five other locations and has a premier vacation ownership business, Club Intrawest. The company also owns Sandestin Golf and Beach Resort in Florida, has a 45% interest in Alpine Helicopters Ltd., owner of the largest heli-skiing operation in the world, and has a significant investment in Compagnie des Alpes, the largest ski company in the world in terms of skier visits. Intrawest Corporation's shares are listed on the New York (IDR) and Toronto (ITW) stock exchanges. The company is headquartered in Vancouver, British Columbia and is located on the world wide web at http://www.intrawest.com .

The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. Intrawest's actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, seasonality, weather conditions, competition, general economic conditions, currency fluctuations and other risks detailed in the company's filings with the Canadian Securities regulatory authorities and the U.S. Securities and Exchange Commission.

SOURCE: Mountain Creek