Marriott Vacation Club International announces the grand opening of a new California Resort

Featuring the First U.S. Golf Course Designed by Three-time Masters Champion, Nick Faldo

Press Release
November 2, 2001
ORLANDO, FL -- Marriott Vacation Club International (MVCI), the Vacation Ownership division of Marriott International, Inc. (NYSE:MAR), announced today the grand opening of its newest resort in Southern California, Marriott’s Shadow Ridge. Located in Palm Desert – heralded as a year-round oasis for golf and tennis enthusiasts – the 950-villa (proposed) resort boasts its own world-class golf facility with the first Nick Faldo-designed championship course in the U.S. and the Faldo Golf Institute by Marriott.

Situated on 312 acres, the resort’s first phase offers 115 spacious two-bedroom/two bath villas averaging 1,250 square feet, with stunning views of the snow-capped Santa Rosa Mountains or the resort’s golf course fairways. Villa and resort amenities include:

Managed by Marriott Golf – the nation’s largest resort golf management company – both the 18-hole, 6,932-yard course (Faldo Championship Golf at Marriott’s Shadow Ridge) and Faldo Golf Institute by Marriott, a comprehensive instructional environment for golfers of all skill levels, are accessible to owners, guests and the public. The Faldo Golf Institute by Marriott provides a variety of options for game improvement, including: over 100 hitting stations; Scoring “V” Training Systemä which allows golfers to improve their wedge play from distances of 100 yards or less; short game practice area; an indoor swing studio; private instruction; multi-person golf school; clinics; and a library of instructional resources. Furthermore, golfers interested in playing at the course can now go on-line and reserve their tee times in real-time at www.marriottgolf.com.

“Marriott’s Shadow Ridge is an excellent addition to our portfolio of golf properties,” said Stephen P. Weisz, president, Marriott Vacation Club International. “In an increasingly popular destination with our owners, this resort marks the third Marriott Vacation Club International resort in Palm Desert.” In addition to providing world-class amenities for the golf enthusiast, the Desert area’s unique lifestyle provides a wide variety of activities for owners and guests, including: museums and art galleries; fine dining; polo events; hot air ballooning; jeep excursions; natural attractions such as The Living Desert; the Palm Springs Aerial Tramway; boutique shopping; and luxurious spas. For the younger set, the resort is approximately 90 minutes from DisneylandÒ and SeaWorldÒ San Diego. Pricing for Marriott’s Shadow Ridge ranges from $10,500 to $24,900 per week of ownership.

MVCI is the recognized, worldwide industry leader in Vacation Ownership with 52 resorts in 29 destinations. The more than 196,000 vacation owners not only benefit from the “Marriott vacation experience,” but also a flexible program with options such as priority week exchange within the MVCI portfolio, trading their week(s) for Marriott RewardsÒ points or exchanging within Interval InternationalÒ’s global system of 1,900 resorts in more than 75 countries.

For more information on Vacation Ownership, please call (866) 300-3032 or visit our web site at www.marriottvacationclub.com.

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Ed Kinney / Beth Vairo						Nadine DeGenova
Marriott Vacation Club International	    Nadine DeGenova Public Relations		
(407) 206-6278 / (407) 513-6671			(407) 682-2625
ed.kinney@vacationclub.com					degenova.pr@mindspring.com
beth.vairo@vacationclub.com				www.prproof.com