FAIRFIELD APPOINTS CHAIRMAN OF BOARD OF DIRECTORS

Source: Fairfield Communities, Inc.

March 25, 1999
Fairfield Communities, Inc. (NYSE: FFD) announced Monday that the Company's Board of Directors has appointed Bryan D. Langton, 62, to the newly created position of Chairman of the Board of Directors. He has been a director of Fairfield Communities since May 1996 and has more than 40 years of experience in the hotel industry.

From 1985 to 1997, Mr. Langton was a Director of Bass Plc, a UK- based hospitality and leisure company. Mr. Langton was Chairman, President and Chief Executive Officer of Holiday Inns, Inc., a Bass subsidiary, from 1990 to 1997. Based in Atlanta, Georgia, he was responsible for the company's worldwide operations. He also is a Director of Caribiner International, Inc., a national producer of meetings, events, training programs and related business communication services.

"We created the position of Chairman to strengthen our capacity for long-term growth," said John W. McConnell, President and Chief Executive Officer. "Bryan Langton has played an active role on our Board for nearly three years and has a history of success as an executive in the hospitality industry. His vision for Fairfield as a leader of this industry is key to our continued success in capturing a greater share of the vacation ownership market. We are very pleased that he has made the commitment to assume an even more active role in the Company's future."

Bryan Langton, Chairman, said, "This is an exciting time for Fairfield, in terms of both our industry's potential and our Company's promise. The Board recently reviewed the Company's business plan and determined that Fairfield has a variety of options it can pursue. We will pursue those options with vigor, all in the interest of maximizing shareholder value. I see in Fairfield the strengths and qualities necessary to outperform the industry's growth, and I am committed to ensuring that the Company strengthens its management team even further to meet the aggressive goals the Board has set."

"As demand for timeshares continues to rise, we're introducing high-quality vacation properties in new geographic areas and developing resorts in an unprecedented number and variety of locations, not only in South Florida but in the Western U.S. I look forward to working with the executive team to continue our geographic expansion throughout the U.S., enhance Fairfield's brand recognition, and take full advantage of the growth opportunities before us," Langton added.

Fairfield Communities, Inc., incorporated in 1969, is one of the nation's largest vacation ownership companies, providing quality recreational experiences at twenty-six locations in 12 states and the Bahamas, to more than 240,000 Fairfield property owners.