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MIAMI, FL, May 25, 2005 — Interval International, a leading global vacation exchange company, announced the appointment of Shelley Pelcher as director of marketing, business development.

In this capacity, Ms. Pelcher will assume responsibility for the coordination and direction of Interval's participation in industry-related conferences throughout the Americas. She will also lead Interval's involvement in the annual Timeshare & Resort Investment Conference, an important educational forum designed to attract new investors and developers to the industry.

Before joining Interval, Ms. Pelcher was vice president of marketing and communications for Spottswood Companies, Inc., a real estate development and property management firm in Key West, Florida. Prior to that, she was manager of contract administration for Hyatt Vacation Ownership, also in Key West.

"Shelley's significant hospitality and timeshare industry experience will be of great benefit to our business development team," said Bryan Ten Broek, vice president of business development for Interval International. "Her expertise will play a key role as we continue to expand our existing programs and pursue new opportunities."

Ms. Pelcher earned her bachelor's degree from the University of Miami and is active in the university's Alumni Association.

Since 1976, Interval International has led the vacation ownership industry with its hallmarks of quality and innovation. Interval has a global network of over 2,000 resorts in 76 countries, and serves its developer clients and more than 1.7 million members - worldwide timeshare vacation owners - through 27 offices in 18 countries. Interval provides a variety of exchange services and year-round travel-related benefits to enhance member vacation experiences. Headquartered in Miami, Florida, Interval International is part of IAC, which operates leading and diversified businesses in sectors being transformed by the Internet, online and offline. Other IAC companies include Ticketmaster, HSN, Lending Tree, Citysearch, and Entertainment Publications.

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Interval International, 6262 Sunset Drive, Miami, FL 33143