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INTERVAL INTERNATIONAL SIGNS MASTER AFFILIATION AGREEMENT WITH DE VERE RESORT OWNERSHIP

Miami‚ FL‚ August 05 ‚ 2005 —Interval International and De Vere Resort Ownership have announced that they have entered into a long-term master affiliation agreement‚ which comprises all existing and future properties.

“De Vere is one of the most respected names in U.K. hospitality industry and we are delighted with this agreement‚ which follows an existing long-term relationship built on mutual respect”‚ says Darren Ettridge‚ Interval International’s European Sales Director. “De Vere has a great business model of mixed-use resorts combining hotels‚ timeshare‚ golf and spa. All its current resorts follow that model and are of the highest quality. We know De Vere have ambitious expansion plans and we are delighted to be their partners of choice for the long-term.”

“With this master affiliation‚ our members will enjoy luxury accommodation‚ state-of-the-art entertainment systems‚ the finest sports and leisure facilities‚ up-to-date spa treatments‚ peaceful rural locations‚ golf courses and a wealth of local attractions”‚ adds Ettridge.

The agreement encompasses three existing De Vere Resorts in the U.K.‚ these being at Belton Woods‚ Lincolnshire; Slaley Hall‚ Northumberland; and Cameron House‚ Loch Lomond. De Vere’s latest resort‚ The Carrick at Cameron House is nearing completion and will also be affiliated with Interval. “They’re all very different resorts - but they all reflect De Vere’s uncompromising commitment to excellence in every detail”‚ says Craig Mitchell‚ managing director‚ De Vere Resort Ownership. “A commitment and ethos supported and matched by Interval. We think that the companies are very like-minded. We’re both committed to the future of the industry and have a reputation for quality. After a successful relationship stretching over seven-years‚ this is a natural extension of our current agreement.”

Owners at De Vere Resorts become members of Interval International‚ and have the opportunity to exchange their accommodation for those at the other quality vacation-ownership resorts in Interval’s worldwide network. Members also receive value-added benefits‚ including access to specially priced travel and leisure services‚ quarterly travel magazines‚ international resort directories and a host of other privileges.

Further reinforcing the value of ownership at De Vere Resorts‚ all new purchasers become members of Interval Gold® - the industry’s first and foremost value-added membership upgrade programme. This entitles them to enjoy an extensive array of discounts and services‚ including access to a personal concierge service available 24 hours a day - seven days a week‚ and worldwide hotel and dining discounts provided by best-in-class hospitality and travel industry vendors.

For more information contact:

Adrian Bascombe‚
Interval International
Phone: +44 (0) 20 8336 9573 
Fax: +44 (0) 20 8336 9110
E-mail: adrian.bascombe@intervalintl.com

Editor’s notes:

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 75 countries‚ and serves its developer clients and more than 1.7 million members - worldwide timeshare vacation owners - through 29 offices in 20 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
www.intervalworld.com    www.resortdeveloper.com