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®

Disclosure Guides 2003-2004

® and This publication contains information that indicates resorts participating in, and explains the terms, conditions and use of the RCI Points Exchange Program (which also includes use of the RCI Weeks Exchange Program) operated by Resort Condominiums International, LLC. You are urged to read it carefully. ®

This publication contains the Disclosure Guides for both RCI Points and RCI Weeks Exchange Programs, since membership in the RCI Points Exchange Program includes membership in the RCI Weeks Exchange Program. The Disclosure Guide to RCI Points is set forth in Part A of this publication. The Disclosure Guide to RCI Weeks is set forth in Part B of this publication.

1 2 Part A

Disclosure Guide to RCI Points

3 4 DISCLOSURE GUIDE John Paul Nichols, Executive Vice President TO David C. Roe, Executive Vice President RCI POINTS Kevin M. Sheehan, Executive Vice President Mary Falvey, Senior Vice President Gordon Gurnik, Senior Vice President 1. DEFINITIONS Jean V. Hoagland, Senior Vice President, Events Marketing Frank A. Morrisroe, Senior Vice President, Global Relationship Marketing The capitalized terms in this Disclosure Guide to the RCI Points Dave Pontius, Senior Vice President (President, RCI Global (“Disclosure Guide”) shall be given the meanings set forth in Business Group, North America) the RCI Points Terms and Conditions also set forth in this Vincent Ventura, Senior Vice President, Tax Disclosure Guide. Thomas Anderson, Vice President Lynn A. Feldman, Vice President and Assistant Secretary Joseph Huber, Vice President, Tax 2. SCOPE AND PURPOSE OF Steven R. Jones, Vice President, Special Events DISCLOSURE GUIDE Gail Mandel, Vice President Richard S. Meisner, Vice President and Assistant Secretary This Disclosure Guide is provided to explain the RCI Points Jeffrey W. Parker, Vice President exchange program (“Network”) offered to Members by the Ilese Meltzer Flamm, Assistant Secretary Network Administrator. The Network includes the Reservation Mark E. Johnson, Assistant Treasurer System through which Members exchange and reserve use of Kevin Monaco, Assistant Treasurer Vacation Time and Partner Inventory. This Disclosure Guide John M. Peterson, Assistant Treasurer is not intended to be an exhaustive description of a Member’s rights and obligations within the Network. RCI provides the Network, the External Exchange Program Members should carefully review their Network Participation and other related services and benefits to RCI Points Members. Agreement, the Terms and Conditions and the other Network RCI is an independent exchange service company and is Documents in order to gain a full understanding of the not owned, operated or controlled by an Affiliated Resort terms, conditions, operation and use of the Network. developer, seller, managing entity or vacation ownership plan participating in the Network or the External Exchange The Network Administrator is the operator of the Network Program. Other than as stated in this paragraph, and is offering the Network as an exchange program. No neither RCI nor any of its officers or directors has government agency has approved or disapproved the merits any legal or beneficial interest in any developer, of the exchange program. seller, managing entity or vacation ownership plan participating in the Network. RCI Resort Management, Inc. (“RCIRM”), a resort management company, 3. THE EXCHANGE COMPANY Fairfield Resorts, Inc. (“Fairfield”), Trendwest Resorts, Inc. (“Trendwest”), and Equivest Finance, Inc. The Network Administrator is RCI, a Delaware limited (“Equivest”), timeshare companies, and their respec- liability company with its principal offices located at: tive subsidiaries, and Global Registry, LLC (“Global 7 Sylvan Way Registry”), an exchange company, are Parsippany, New Jersey 07054 subsidiaries of Cendant Corporation (“Cendant”). Cendant is the parent corporation of RCI. Some The Network is owned and operated by RCI and is processed officers and/or directors of Cendant may from time to at this principal office location. RCI is an indirect subsidiary time serve as officers and/or directors of RCI, RCIRM, of Cendant Corporation, a Delaware corporation. Fairfield, Trendwest, Equivest and/or Global Registry, and vice versa. RCIRM, Fairfield, Trendwest and/or Corporate Officers are: Equivest resorts are marked with a plus symbol “+” Stephen P. Holmes, Chairman in the Resorts and Members lists. Certain officers and Kenneth N. May, President and Chief Executive Officer directors of RCI may own, or have rights to acquire, Duncan H. Cocroft, Executive Vice President and Treasurer Eric J. Bock, Executive Vice President and Secretary shares of stock in Cendant. Chris Annese, Executive Vice President and Chief Financial Officer Any decision to purchase Vacation Time should be based John E. Borger, Executive Vice President, General Counsel primarily upon the benefits to be gained from the and Assistant Secretary ownership, use and enjoyment of Vacation Time at the Joel R. Buckberg, Executive Vice President and Affiliated Resort and not upon the anticipated benefits Assistant Secretary of the Network. The Affiliated Resort at which Vacation James E. Buckman, Executive Vice President and Time is purchased is solely responsible for its Assistant Secretary financial viability and the quality of its Units, facilities, Peter Giamalva, Executive Vice President amenities, management and services. Philippe Guionnet, Executive Vice President and Chief Information Officer

5 4. PARTICIPATION IN THE NETWORK 5. NETWORK PROCEDURES AND OBLIGATIONS The Network uses a Deposit system. By executing a Network Participation Agreement, the Member Deposits with the The terms and conditions of a Member’s contractual Network all rights of use, occupancy, access and enjoyment relationship with the Network and the procedures for in respect to his or her Vacation Time. The Member retains utilizing the Network are set forth in the Terms and title to the Vacation Time, subject to this Deposit. The Conditions set forth in this Disclosure Guide. Deposit is for the benefit, use and enjoyment of the Network Administrator in accordance with the Network Documents. THIS DISCLOSURE GUIDE AND THE OTHER NETWORK The Deposit shall be for a term equal to the stated term of DOCUMENTS, INCLUDING THE TERMS AND CONDITIONS, the Member’s Network Participation Agreement, subject to ARE SUBJECT TO CHANGE BY THE NETWORK the Network Documents. ADMINISTRATOR WITHOUT ADVANCE NOTICE, INCLUDING, BUT NOT LIMITED TO, FEES, BENEFITS Participation in the Network is voluntary. The rights of AND RESERVATION PROCEDURES AND PRIORITIES. membership and term of such memberships may vary between Members. Membership in the Network may be offered for varying lengths of time. 6. MEMBERSHIP AND TRANSACTION FEES The Deposit of Vacation Time and availability of RCI Points to a Member does not relieve a Member’s obligation to pay all (a) Network Dues. Network dues are payable to the fees or other amounts due RCI, or the obligation to pay any Network each Use Year. The 2003 Network Dues are: maintenance fees, assessments, taxes or other similar $99 USD charges or fees imposed by any applicable local, state or (b) Transaction Fees. Each time a Member makes a federal government entity (or its equivalent if the resort is in Transaction, including making a Reservation, a foreign country) or other similar charges or fees relating to canceling a Reservation, saving, transferring RCI such Member’s Vacation Time, by whomsoever levied. Points, and making an External Exchange Reservation, Network privileges may be suspended, among other the Member will be charged a Transaction fee. The reasons, if a Member’s Home Resort maintenance 2003 Transaction Fees are: fee(s), assessment(s) or similar charges have not (i) General Transaction Fees: been paid when due. Special charges, user fees or govern- ment taxes that may not be required by a Member’s Home (A) Vacation Time Reservations: Resort may be charged to the Member by an Affiliated Resort (1) Member reserving Member’s own at which that Member obtains a Reservation. If so, it is the Vacation Time (7 nights only): Free Member’s or guest’s obligation to pay those charges, fees or (2) Home Resort Priority Reservation taxes, and not the obligation of the Network, the Network (7 nights only): $40 USD Administrator or any Affiliated Resort. (B) Other Vacation Time Reservations: The Network Participation Agreement between a Member (1) For 5 nights or more: $79 USD and the Network Administrator is a separate and distinct agreement from any agreement that a Member may have (2) For 4 nights or less: $19 USD/night with the developer or seller of a vacation plan, including any (C) RCI Points Partner Inventory Reservation: agreement with the developer or seller to purchase, occupy Fees vary by product type, and range or use Vacation Time or other property or benefits. The from $29 USD to $69 USD. Network provides an opportunity to obtain exchanges (D) Guest Certificate: $49 USD pursuant to Reservations and does not provide a right to occupy any specific Unit or Units. (E) Transferring Points: $49 USD (F) Borrowing Points: Free RCI also reserves the right to offer additional benefits to Members in exchange of the Vacation Time deposited. Such (G) Points Rental: $0.02 USD per point additional benefits, which may be identified from time to (H) Saving Points: time by RCI, include, but are not limited to, cruises or other (1) If Reservation Made During Use Year: accommodations, products or services. Additional benefits Free offered in exchange of Vacation Time deposited may periodically change at RCI’s sole discretion. In addition, (2) If No Reservation Made During Use RCI does not guarantee that any specific additional benefit Year: $26 USD will be available to Members, or, if made available, will (ii) External Exchange Program Transaction Fees: remain available for any period of time. (A) Domestic External Exchange: $139 USD (B) International External Exchange: $179 USD

6 The above fees may vary for corporate participation or other TERMS AND CONDITIONS programs offered by or through the Network Administrator. From time to time, in order for the Network Administrator to OF RCI POINTS NETWORK MEMBERSHIP obtain more favorable inventory for its Members, the Network Administrator may waive certain fees. In addition, the Network Administrator may increase or decrease any fees. 1. DEFINITIONS Members will be advised by the Network Administrator of any fee changes pursuant to the same means by which the The following words in the Network Documents, including Network Administrator informs Members as to amendments the RCI Points Disclosure Guide and these RCI Points Terms to the Terms and Conditions. Finally, the Network and Conditions (“Terms and Conditions”) shall be given the Administrator reserves the right to charge fees in addition to following meanings: those outlined above, including enrollment fees and fees relating to a non-Member’s (i.e., guest) use of a Member’s (a) Affiliated Resort means a Home Resort or Home RCI Points. Group, which has a current Network Affiliation Agreement with the Network Administrator. The maximum estimated future cost chargeable by RCI to a (b) Affiliation Agreement means the agreement between Member of participation in the Network is equal to the the Network Administrator and a timeshare resort or Network Dues multiplied by the term of years set forth in the club pursuant to which that resort or club becomes an Member’s Network Participation Agreement minus one year, Affiliated Resort. plus any transaction fees a Member incurs over the duration of the term. The future cost to the Member of participation in (c) Associated Member means a person, other than a the Network is subject to the Network Administrator’s right to Full Member, whose ability to participate on a increase or decrease fees or to impose additional fees. non-recurring basis in the Network is set forth in an Associate Member Network Participation Agreement, if any exists, between the person and the Network 7. AFFILIATED RESORTS Administrator. (d) Daily/Split Reservation means a Reservation of The names and addresses of all currently participating Vacation Time that is less than or greater than seven Affiliated Resorts as of March 13, 2003 are set forth in this (7) nights. Disclosure Guide. Such Affiliated Resorts are listed by classification of number of Units at each such Affiliated (e) Deposit means the deposit or assignment into the Resort. The number of Members eligible to participate in the Network Depository by a Member, pursuant to a Network at each Affiliated Resort as of March 13, 2003 are Participation Agreement, of Vacation Time for use and also set forth in this Disclosure Guide. The minimum Reservation by Members. duration of Vacation Time at each Affiliated Resort is that (f) External Exchange means the exchange of Vacation duration established by the governing documents of the Time by a Member through the External Exchange particular Affiliated Resort. Program. Additions of Affiliated Resorts to the Network are at the sole (g) External Exchange Program or RCI Weeks means the discretion of the Network Administrator. In making additions timeshare exchange program owned and of Affiliated Resorts, the Network Administrator may consider operated by RCI, known as the RCI Weeks Exchange factors such as size, location, and quality of the resort and its Program, pursuant to which a Member may exchange accommodations. RCI Points for Vacation Time in the RCI Spacebank®. (h) Fixed Vacation Time means Vacation Time for which a particular Member has the exclusive right, pursuant to 8. RESERVATION STATISTICS his purchase documentation, to use a specific Unit or week. Fixed Vacation Time does not include Floating For the calendar year ending 2002, the reservation statistics Time. have been audited and are disclosed in this Disclosure Guide. THE PERCENTAGE OF CONFIRMED EXCHANGES IS A (i) Floating Time means Vacation Time for which a SUMMARY OF THE EXCHANGE REQUESTS ENTERED particular Member has a right to reserve the Vacation WITH THE EXCHANGE COMPANY IN THE PERIOD Time on a space available, first come, first-served REPORTED. THE PERCENTAGE OF CONFIRMED basis. EXCHANGES DOES NOT INDICATE A MEMBER’S (j) Full Member means a person who during the relevant PROBABILITIES OF BEING CONFIRMED TO ANY period has Deposited Vacation Time in the Network SPECIFIC CHOICE OR RANGE OF CHOICES, SINCE Depository and whose Network Participation AVAILABILITY AT INDIVIDUAL LOCATIONS MAY VARY. Agreement has been accepted by the Network Administrator.

7 (k) Guest Certificate means a Certificate purchased from (x) Network Dues means the annual fee payable by a RCI and presented to the provider of accommodations Member to participate in the Network. or Partner Inventory enabling Members to share their vacation with non-member friends or family members (y) Network Internal Use means the occupancy, age 21 or older. enjoyment and use by a Member of Vacation Time or a Unit of RCI Points Partner Inventory by means of the (l) Home Group means a group of resorts which the Reservation System. Network Administrator has determined qualifies as a Home Group. (z) Network Participation Agreement (or Member Network Participation Agreement) means the form or forms (m) Home Group Priority Reservation Period means, for prescribed by the Network Administrator for the any particular Vacation Time, the period beginning 334 enrollment of Members in the Network. days and ending 304 days (approximately 11 to 10 months) prior to the first day of occupancy. (aa) Partner Inventory means benefits, other than Vacation Time at an Affiliated Resort, which the Network (n) Home Resort means an Affiliated Resort at which a Administrator may make available itself or through a Member owns Vacation Time or an Affiliated Resort at third party to Members. which a Member is assigned Vacation Time to Deposit with the Network. (bb) Points Partners mean third parties who, from time to time, at the discretion of the Network Administrator, (o) Home Resort Priority Period means, for any particular offer benefits to Members other than Vacation Time at Vacation Time, the period beginning 365 days and an Affiliated Resort. ending 335 days (approximately 12 to 11 months) prior to the first day of occupancy. (cc) RCI means Resort Condominiums International, LLC, a Delaware limited liability company. (p) Home Week Priority Period means, with respect to any particular Fixed Vacation Time, the period beginning (dd) RCI Points or Points means the Reservation value 396 days and ending 366 days (approximately 13 to 12 allocated by the Network Administrator from time to months) prior to the first day of occupancy of such time to Vacation Time and Partner Inventory, as well Fixed Vacation Time. as the Reservation rights allocated by the Network Administrator from time to time to Members. (q) Limited Use RCI Points means RCI Points which a Member or guest may only use to make certain types (ee) RCI Points Resort means an Affiliated Resort that of Reservations. Limited Use RCI Points include RCI participates in both the Network and the RCI Weeks Points returned to a Member following the Member’s exchange programs. short-term cancellation of a Reservation of Vacation (ff) Reservation means a right of a Member for a particular Time at an Affiliated Resort. Limited Use RCI Points are Network Internal Use. only available to Members serviced by the RCI offices located in the United Kingdom. (gg) Reservation System means the method, means or system set forth in the Network Documents pursuant (r) Member includes Full Members and Associate which Members may obtain a Reservation. Members. (hh) Standard Reservation Period means, with respect to (s) Network means the Reservation System operated any particular Vacation Time, the period beginning by the Network Administrator pursuant to which 303 days (approximately 10 months) prior to the first subscribing Members may make Reservations of day of that Vacation Time. Vacation Time and Units of Partner Inventory. (ii) Terms and Conditions mean these Terms and (t) Network Administrator means RCI, and its successors Conditions of RCI Points Network Membership. or assigns in interest. (jj) Transaction means a Reservation request, including (u) Network Affiliation Agreement means the agreement but not limited to any Daily/Split Reservation request, between the Network Administrator and a timeshare the saving of RCI Points, the transferring of RCI Points, resort or club pursuant to which that resort or club the borrowing of RCI Points, the renting of RCI Points, becomes an Affiliated Resort. wait list entry, Reservation cancellation and an (v) Network Depository means that certain operation External Exchange request. owned and operated by the Network Administrator. (kk) Unit means any good, service, benefit, or movable (w) Network Documents means only those documents or immovable property designed for separate adopted by the Network Administrator, as amended occupancy, including but not limited to any apartment, from time to time, including these Terms and condominium or cooperative unit, cabin, lodge, hotel Conditions, the Disclosure Guide, the External or motel room, campground or other private or Exchange Program terms and conditions, any Network commercial structure or improvement, whether directory or magazine, the Network Affiliation movable or immovable property, and whether Agreement and the Network Participation Agreement. situated on real or personal property. The Network

8 Administrator may provide access to both Units at (2) Except as set forth in the Network Affiliated Resorts and Units of Partner Inventory. Participation Agreement, the Network Administrator may require separate (ll) Use Year means an annual recurring twelve (12) subscribing memberships for multiple month period. owners of a single Vacation Time or may (mm)Vacation Time means recurring weeks, days or other limit how multiple owners may exercise increments of time, including occupancy rights allocated rights of membership. by points or timeshare interests (or parts thereof), (3) Each Member agrees that if any of the whether such Vacation Time is owned by such Member information contained in the Network as a real estate interest or as a right to use interest. Participation Agreement is incorrect, (nn) Vacation Time Expenses mean collectively all obligations each Member will accept a notice of associated with or appurtenant to Vacation Time by changed information from the Network whomsoever levied, including, but not limited to, any Administrator as conclusive evidence of obligation for the payment of maintenance fees, the correct information, and such assessments, common expenses, recreational fees, notice shall be effective to so amend the promissory notes, mortgage payments or taxes. Network Participation Agreement. (B) The period in which a Member is enrolled as a Member of the Network is set forth in the 2. APPLICABILITY Network Participation Agreement. Each Member and guest by use of the Network (C) The Vacation Time sought to be Deposited acknowledges: The Network is not a corporation, legal entity or which has been Deposited must be at an or association of any kind. Instead, the Network is the service Affiliated Resort in good standing with the name given to the variety of exchange, reservation and use Network; provided that the Network services and related benefits offered from time to time by the Administrator may elect, in its sole discretion, Network Administrator, together with such additional services to allow Vacation Time to be Deposited that is as the Network Administrator may arrange through additional not from an Affiliated Resort. agreements with other service providers. The services to be provided include the operation of the Reservation System and (D) The applicable Network Dues must have been the Network Depository through which Members exchange submitted to the Network Administrator by, or and reserve use of Vacation Time and Partner Inventory. on behalf of, the person. (E) The person must not be delinquent with their maintenance fees at the Affiliated Resort in 3. CONDITIONS TO PARTICIPATION which the Vacation Time is deposited, or have maintenance fee “block” placed on their (a) Prerequisites. In order for any person to make a account by the Affiliated Resort. Reservation in the Network, the following conditions (ii) For Associate Members: must be met: (A) The person must have entered into a current (i) For Full Members: Associate Member Network Participation (A) The person must have entered into a current Agreement with the Network Administrator, Full Member Network Participation which has been accepted by the Network Agreement with the Network Administrator, Administrator; and which has been accepted by the Network (B) The applicable Network Dues must have been Administrator. The Network Administrator submitted to the Network Administrator by, or reserves the right to refuse any Network on behalf of, the person. Participation Agreement and applicable fees presented to it. (b) Enrollment Fee. The Network Administrator reserves (1) Each Network Participation Agreement the right to charge a Member an enrollment fee must be in the name of the lawful payable upon commencement of his membership. owner of the Vacation Time. The The amount may vary from time to time and among Network Administrator may require that Members. any corporation, partnership, trust or other entity holding title to Vacation (c) Network Dues. Each Member is required to pay Time, other than a natural individual, Network Dues in an amount determined by the designate an individual who shall be the Network Administrator. The Network Dues may vary exclusive beneficiary of and individual from time to time and among Members. As to any to exercise membership rights on Full Member, the Network Dues will also include a behalf of such enterprise. subscription to the External Exchange Program.

9 the Associate Member’s Network Participation 4. RCI POINT VALUATION Agreement. A Member’s Use Year shall begin on the date determined in accordance with the procedures set All Vacation Time and Units of Partner Inventory will be by the Network Administrator. assigned an RCI Point value by the Network Administrator. The value assigned to Vacation Time will be based upon IF WITHIN A GIVEN USE YEAR A MEMBER DOES such factors as determined by the Network Administrator, NOT MAKE A RESERVATION WITHIN THE NETWORK including, but not limited to, supply and demand for Units AND THAT MEMBER OTHERWISE FAILS TO USE at the Affiliated Resort, Unit type, seasonality, and historical ANY OR ALL ASSIGNED RCI POINTS DURING occupancy percentages and amenities at the Affiliated Resort. THAT USE YEAR (INCLUDING TRANSFERRING The Network Administrator may revalue Vacation Time and THOSE RCI POINTS) AND THOSE RCI POINTS ARE Units of Partner Inventory from time to time, which may lead NOT ELIGIBLE TO BE SAVED (AND AS A RESULT to an increase or decrease in the assigned RCI Point value for ARE NOT SAVED), THE MEMBER LOSES THE USE that Vacation Time or Unit of Partner Inventory. OF THOSE RCI POINTS (AND ANY DEPOSITED VACATION TIME) AND THE OUTSTANDING RCI POINTS EXPIRE. 5. RCI POINTS ALLOCATION, USE YEAR (a) For administrative convenience in the operation of the 6. RESERVATIONS Network and in the determination of the respective rights of Members, Members are allocated a certain (a) Reservation Requests. A Member may request a number of RCI Points. Each Full Member shall receive Reservation any time after the Network Administrator a certain number of RCI Points in exchange for Deposit accepts that Member’s Network Participation of Vacation Time into the Network Depository. Each Agreement. A Member shall only be permitted to make Associate Member shall receive a certain number of a Reservation through the Network if the Member is RCI Points upon fulfilling the conditions set forth in current in any and all obligations owed to the Network the Associate Member’s Participation Agreement. Administrator, his membership is otherwise valid and RCI Points are symbolic of the power to make a he is otherwise in compliance with the Network Reservation for the use and enjoyment of Vacation Documents. Time and Partner Inventory through the Network (b) RCI Points Usage, Priority. In order to make a during a particular Use Year. Reservation for use of particular Vacation Time or of a (b) The initial allocation of RCI Points to a Member is Unit of Partner Inventory during any Use Year, a established when a person becomes a Member of the Member may only use RCI Points allocated in that Use Network. Subsequent allocations will occur upon the Year and any RCI Points saved, borrowed, transferred Deposit of additional Vacation Time. Once a Member or rented in or into that Use Year. A Member may make has been assigned RCI Points, such amount will not a Reservation for use of Vacation Time or a Unit of change, and Members will be allocated the same Partner Inventory in any future Use Year; provided that number of RCI Points each Use Year. Notwithstanding Use Year is within the term of the Member’s Network the foregoing, if a Member Deposited Fixed Vacation Participation Agreement. RCI Points shall be used in Time and the Network Administrator increases or the following order: saved, current, rented, trans- decreases the RCI Point value of that Vacation Time, ferred saved, transferred current, and transferred rent- the RCI Points allocated to that Member will increase ed. Limited Use RCI Points may only be used to make a or decrease by the same amount. If a Member Reservation of Vacation Time at an Affiliated Resort 90 Deposited other than Fixed Vacation Time and the days or less prior to the start of that Vacation Time. Network Administrator increases or decreases the RCI (c) Reservation Periods. The Network contains a variety of Point value of that Vacation Time, the Network Reservation periods. Administrator may, in its discretion, increase or decrease the RCI Points allocated to that Member for a period of (i) Home Week Priority Reservation Period. The time or for purposes of making certain Reservations. Home Week Priority Reservation Period is designed to support a Full Member’s use of the (c) The number of RCI Points which a Full Member Member’s Fixed Vacation Time. During the Home receives annually is the aggregate of RCI Points Week Priority Reservation Period, a Member who allocated to the Member. The number of RCI Points Deposited Fixed Vacation Time has the exclusive which an Associate Member receives annually is the right to reserve the use of that Vacation Time, amount set forth in the Associate Member’s Network subject to the Network Documents. The Home Participation Agreement. Week Priority Reservation Period is 396 days to (d) The Use Year for each Full Member shall be an annual 366 days (approximately 13 to 12 months) prior recurring twelve (12) month period. The Use Year for to the first day of occupancy of the Fixed Vacation an Associate Member shall be the period set forth in Time. If a Member makes a week-long Home

10 Week Priority Reservation, then the Member will different Home Week Priority Reservation Period, use the Member’s entire allocation of RCI Points Home Resort Priority Reservation Period, Home arising out of the Vacation Time to make that Group Priority Reservation Period or Standard Reservation. If the Member’s total number of Reservation Period than that provided for above. allocated RCI Points is not sufficient to make that (d) Priority Reservations. A Member may only use up to Reservation, the Network Administrator will still the number of RCI Points allocated to him from his allow the Member to make that Reservation, Deposit of particular Vacation Time, in order to make a deducting only the number of RCI Points allocated Reservation of Vacation Time during the Home Week to the Member as a result of that Vacation Time. Priority Reservation Period and Home Resort Priority (ii) Home Resort Priority Reservation Period. The Reservation Period relating to that Vacation Time. So Home Resort Priority Reservation Period is long as the number of RCI Points used to make the designed to support a Full Member’s use of Home Week Priority Reservation or Home Resort Vacation Time at his Home Resort. During this Priority Reservation are equal to or less than the period, Reservations of Vacation Time in the Home number of RCI Points allocated to the Member as a Resort are available on a first come first served result of the Deposit of the relevant Vacation Time, the basis with only Full Members who Deposited actual source of the RCI Points is not relevant. Thus, a Vacation Time at that Home Resort eligible to Member may use transferred or borrowed RCI Points make a Reservation. The Home Resort Priority for a Home Week Priority Reservation or a Home Resort Reservation Period is 365 days to 335 days Priority Reservation, if the Member had previously (approximately 12 to 11 months) in advance of the used current RCI Points for another Reservation. start date of the relevant Vacation Time. If a Member makes a week-long Home Resort Priority (e) Daily/Split Reservations. A Daily or Split Reservation Reservation at an Affiliated Resort where that entitles the Member who obtains such a Reservation to Member deposited Floating Time and the use a Unit at an Affiliated Resort on less than or more Reservation is during his floating use period, then than a full week basis, including daily use or split week the Member will use his entire allocation of RCI use. Minimum lengths of stay and the Reservation Points arising out of that Vacation Time to make window applicable to a Daily/Split Reservation will be that Reservation. If the Member’s total number of determined by the Network Administrator for each allocated RCI Points is not sufficient to make the Affiliated Resort. A Member may not make a Daily/Split Reservation, the Network Administrator will still Reservation during the Home Week Priority allow the Member to make that Reservation, Reservation Period and the Home Resort Priority deducting only the number of RCI Points allocated Reservation Period. to the Member as a result of that Vacation Time. ALL VACATION TIME AT AFFILIATED RESORTS (iii) Home Group Priority Reservation Period. The AND UNITS OF PARTNER INVENTORY ARE Home Group Priority Reservation Period is SUBJECT TO AVAILABILITY BASED UPON designed to support a Full Member’s use of ALLOCATION OF RCI POINTS TO A RESPECTIVE Vacation Time at resorts in his Home Group (or MEMBER AND AS DETERMINED BY THE NETWORK the continued use of his Home Resort if his Home ADMINISTRATOR IN ACCORDANCE WITH THE Resort is not part of a Home Group). During this NETWORK DOCUMENTS. ALL RESERVATIONS, period, Reservations of Vacation Time in the Home WITH THE EXCEPTION OF DURING THE HOME Group are available on a first come first served WEEK PRIORITY RESERVATION PERIOD, ARE ON basis with only Full Members who Deposited A SPACE AVAILABLE, FIRST COME, FIRST SERVED Vacation Time in that Home Group eligible to make BASIS. ALL RESERVATIONS ARE CONTINGENT a Reservation. The Home Group Priority Reservation UPON THE MEMBER REQUESTING THE Period is 334 days to 304 days (approximately 11 RESERVATION AND HAVING SUFFICIENT RCI to 10 months) prior to the start date. POINTS TO OBTAIN THE DESIRED VACATION (iv) Standard Reservation Period. The Standard TIME OR PARTNER INVENTORY. BLACKOUT DATES Reservation Period is the time period during which MAY APPLY AT SOME RESORTS AND WITH all Vacation Time at Affiliated Resorts becomes RESPECT TO SOME PARTNER INVENTORY. THE available for Reservation by all Members on a first NETWORK ADMINISTRATOR CANNOT ENSURE come, first served basis. The Standard Reservation THE AVAILABILITY OF A RESERVATION OF ANY Period begins 303 days (approximately 10 months) SPECIFIC VACATION TIME THROUGH THE in advance of the start date of the relevant NETWORK, AS AVAILABILITY WILL VARY. THE Vacation Time. EARLIER A RESERVATION IS REQUESTED, THE BETTER THE POSSIBILITY THAT A CONFIRMED (v) Nonstandard Periods. The Network Administrator RESERVATION CAN BE OBTAINED. reserves the right to designate for a particular (f) Making a Reservation, Confirmation. Reservations Affiliated Resort or specific Vacation Time a may be made in person, by mail, by facsimile or by

11 telephone. Reservation requests are to made to the including limitations based on seasonality, Unit size or Network Administrator as follows: other factors. These limitations may not be uniformly (i) By telephone: 1-877-968-7476; applied and as a result certain Vacation Time or Partner Inventory may be restricted in availability (ii) By facsimile: 1-317-805-9315; based upon applicable priorities and classification (iii) By mail: grouping of resorts, Vacation Time or benefits. The RCI Points Network Administrator may set aside Deposited P. O. Box 80600 Vacation Time to match bulk and other Reservation Indianapolis, IN 46280 requests and other demand needs. In the event such Reservations are not confirmed, the Vacation Time will (iv) In person: be utilized to confirm other Reservations. Demand and Resort Condominiums International, LLC supply and, therefore, RCI Points allocated to Vacation 9998 North Michigan Road Time, may be influenced by many different factors. Carmel, Indiana 46032 Location, quality, timing, region and comparability are Attention: RCI Points Network among those factors, any or all of which may change constantly. Written confirmation, including a written confirmation number, will be returned to the requesting Member upon To increase the likelihood that specific resort choices and confirmation of a Reservation. Written confirmations Vacation Time may be confirmed, Members are encouraged must be presented upon check-in or, if not available, to request a Reservation as far as possible in advance of then a confirmation number must be provided. requested Vacation Time. The Network provides an opportunity to obtain exchanges pursuant to (g) Alternate Reservation Procedure (Floating Time). The Reservations and does not provide a right to occupy Network Administrator may determine that for certain any specific Unit or Unit types with the exception of Affiliated Resorts that the Home Week, Home Resort or Home Week Priority Reservations. Home Group Reservations be made directly with the Home Resort or Home Group. In that case, a Member will make only those Reservations with the Home 8. TRANSACTION FEES Resort or Home Group, with all other Reservations made with the Network Administrator. Each time a Member requests a Transaction, the Network Administrator will collect the applicable Transaction fee prior to confirming the transaction. Transaction fees are estab- 7. RESERVATION SYSTEM PRIORITIES lished by the Network Administrator and may change from time to time and among Members. The Network Administrator’s ability to provide a confirmed Reservation for Members, except as provided below, is based upon (i) the availability of Vacation 9. BORROWING RCI POINTS Time Deposited by Full Members in the Network or Partner Inventory otherwise obtained by the Network A Member may borrow RCI Points from the next succeeding Administrator and (ii) the Member having a sufficient Use Year so long as that Use Year is within the term of the number of RCI Points to obtain the desired Vacation Member’s Network Participation Agreement. The borrowing Time or Partner Inventory. To make a Reservation of RCI Points and the use of borrowed RCI Points may be through the Network, a Member must have the suspended or otherwise limited by the Network Administrator necessary RCI Points to reserve the desired Vacation from time to time. Time or obtain the Partner Inventory. Neither the Network Administrator nor resort personnel may represent that specific resort choices, any additional 10. SAVING RCI POINTS benefits and/or specific Vacation Time can be guaranteed through the Network with the exception (a) Within the term of the Member’s Network Participation of Home Week Priority Reservations. Agreement, a Member may elect to save his/her allocated RCI Points from the current Use Year into Members requesting a Reservation at their Home the subsequent Use Year for purposes of making a Resort or Home Group may receive priority over other Reservation in that subsequent Use Year. If RCI Points Members who do not own Vacation Time at that Home are saved, used for a Reservation and such Reservation Resort or Home Group. Reservation requests can only is then cancelled, the saved RCI Points shall remain in be honored if sufficient RCI Points in relation to the the Use Year into which they were saved. Rented RCI desired Vacation Time or Partner Inventory are Points, Limited Use RCI Points and RCI Points that have available to the Member making the Reservation been previously saved cannot be saved into the next request. Other limitations, restrictions and priorities Use Year. may be employed in the operation of the Network,

12 (b) If a Member has not used all of his RCI Points by the end of a Use Year, the RCI Points eligible to be saved will 13. CANCELLATIONS be automatically saved into the Member’s next Use Year. RCI Points that have been saved must be used in (a) RCI Points Resort and Points Partner Reservations. the Use Year into which they were saved. Thus, if RCI Points are not used in the Use Year in which they have (i) If a Member or guest cancels an RCI Points Resort been saved, they will expire. Saved RCI Points may be or Points Partner Reservation there will be no transferred to another Member, but those RCI Points are refund of the Transaction fee charged. usable only within the transferee Member’s current Use (ii) If a Member or guest cancels an RCI Points Resort Year and may not be saved again. The saving of RCI or Points Partner Reservation, the amount of RCI Points and the use of saved RCI Points may be suspended Points refunded, if any, depends upon how far in or otherwise limited by the Network Administrator from advance of travel that the cancellation is made. time to time. When canceling RCI Points Resort or Points Partner Reservations 90 or more days in advance of the starting time of the Reservation, the 11. TRANSFERRING RCI POINTS Member will receive a full refund of the RCI Points used to make that Reservation. If a Member A Member may transfer his/her RCI Points to another Member cancels an RCI Points Resort or Points Partner for use in the transferee Member’s Use Year. The transferee Reservation less than 90 days in advance of the Member may transfer transferred RCI Points back to the start time of the Reservation, the Member will transferor Member, but not to another Member. In order to receive a percentage of the Member’s RCI Points transfer RCI Points, the Network Administrator must have refunded based on the following sliding scale: received a completed authorization, in the form established by the Network Administrator. If a Reservation fulfilled 90 Days or greater 100% refunded through the use of transferred RCI Points is cancelled, such 89 Days to 46 days 75% refunded transferred RCI Points shall be returned to the account of the 45 Days to 30 days 50% refunded Member who made the Reservation. Limited Use RCI Points 29 days or less 25% refunded may not be transferred. The transferring of RCI Points and the (iii) Refunded Points will return to the Use Year from use of transferred RCI Points may be suspended or otherwise which they came unless that Use Year has passed. limited by the Network Administrator from time to time. In that case, the RCI Points will be assumed to be auto-saved and will return to the following Use Year. If this occurs, there will not be a fee for the 12. RENTING RCI POINTS auto-saving. If the RCI Points associated with the confirmation being canceled should have previous- The Network Administrator may, in its discretion, offer ly expired, the Member will forfeit the RCI Points. Members the opportunity to rent RCI Points for use in a particular Use Year. The rental rate for RCI Points is (b) RCI Weeks Resort Reservations. determined by the Network Administrator and may change (i) Members will have access to the RCI Weeks from time to time. Rented RCI Points may only be used in the Exchange Program. A Member may make a current Use Year and cannot be saved or transferred. The Reservation of available RCI Weeks inventory upon Network Administrator reserves the right to restrict the total redemption of the number of RCI Points set forth number of RCI Points that can be rented within the Network in RCI Weeks grids published by the Network in any one Use Year, the total number that can be rented by a Administrator. If an RCI Weeks External Exchange Member during a Use Year, and/or the Reservations for which is requested and space is unavailable, the Member rented RCI Points can be used. Payment must be made by the may submit an ongoing request. RCI Points are Member renting such RCI Points at the time of rental. The deducted at the time the Reservation is made. renting of RCI Points may be suspended or otherwise limited by the Network Administrator from time to time. There is no (ii) For RCI Weeks Reservations, cancellation policy assurance that a Member will be able to rent RCI Points. pertaining to the Transaction fee will be based on Availability of RCI Points in any particular Use Year is the cancellation date before travel. If cancelled dependent upon the then current availability within the greater than 60 days in advance of travel, $99 USD Network Depository of such RCI Points for rental. Rental of RCI will be forfeited. If cancelled less than 60 days in Points is on a first come, first served basis and if available, is advance, the entire Transaction fee will be forfeited. on a year-to-year basis without a recurring right to rent. (iii) If a Member or guest cancels an RCI Weeks Reservation, the amount of RCI Points refunded, if any, depends upon how far in advance of travel that the cancellation is made. When canceling RCI Weeks Reservations 90 or more days in advance of the starting time of the Reservation, the Member will receive a full refund of the RCI Points used to

13 make that Reservation. If a Member cancels an RCI Weeks Reservation less than 90 days in advance of 17. REPRESENTATIONS/ACKNOWLEDGMENTS the start time of the Reservation, the Member will receive a percentage of the Member’s RCI Points (a) Each Member agrees that by signing the Network refunded based on the following sliding scale: Participation Agreement, the Member represents and warrants to the Network Administrator that: (1) The 90 Days or greater 100% refunded Member has the legal right to use and assign the use of 89 Days to 46 days 75% refunded the Vacation Time and all other resort amenities to 45 Days to 30 days 50% refunded which the Member has access; (2) the Vacation Time 29 days or less 25% refunded has not been and will not during the term of the (iv) Refunded Points will return to the Use Year from Member’s participation be assigned, offered or made which they came unless that Use Year has passed. available to any third party outside the Network; (3) the In that case, the RCI Points will be assumed to be physical accommodations in which the Member owns auto-saved and will return to the following Use Vacation Time are in good and usable condition; and Year. If this occurs, there will not be a fee for the (4) all Vacation Time Expenses arising during the term auto-saving. If the RCI Points associated with the of the Network Participation Agreement have been paid confirmation being canceled should have previously or will be paid by the Member when due. expired, the Member will forfeit the RCI Points. (b) Each Member acknowledges that options available to Members for Reservations and the procedures and conditions governing Reservations are set out in the 14. WAIT LISTS various Network Documents, copies of which each The Network Administrator may establish wait lists for Member has received. Such procedures and conditions particular Vacation Time. Only Members current in the are incorporated herein in their entirety. Each Member payment of Network Dues and all other amounts as may be further acknowledges that his/her participation in the owed respecting the Network or as otherwise required by these Network and use of Units at Affiliated Resorts and of Terms and Conditions may be placed on a wait list. The Network Partner Inventory are subject to the Network Network Administrator reserves the right to limit the number Documents. of Members that may be on any wait list. (c) Each Member acknowledges that the Network Documents which govern each Member’s use, occupancy and enjoyment of the Vacation Time may change from 15. GUESTS time to time in accordance with their terms. (d) Each Member acknowledges that as a Member of the A Member may arrange use of Vacation Time and of Partner Network, each Member is automatically an RCI Inventory by a guest age twenty-one (21) and older. subscribing member, allowing each Member to access Reservations for guests must be made by the Member and the RCI Weeks External Exchange Program in may be made in the guest’s name. The Network Administrator accordance with the Network Documents. Each reserves the right to charge a fee for a non-Member’s (i.e., Member acknowledges that, in addition to the Network guest) use of a Member’s RCI Points. Documents, each Member’s access, use, occupancy and enjoyment of Vacation Time in and through the RCI Weeks External Exchange Program is also governed by 16. NETWORK PARTNER INVENTORY the RCI Terms and Conditions of Membership, which The Network Administrator anticipates the offering of Partner may change from time to time in accordance with its Inventory. The Network Administrator shall not be required terms. Each Member acknowledges that such Member to make Partner Inventory available, but may do so in its has received a copy of the foregoing terms and conditions discretion. Members of the Network may have the option to prior to executing the Network Participation Agreement. use their RCI Points to book, among other things, airline (e) Each Member acknowledges that, except for a confirmed reservations, rental cars, cruises and hotel stays as may be Reservation during the Home Week Priority Period, the made available by the Network Administrator from time to Unit for which a Member receives a confirmed time and will be subject to additional terms and conditions Reservation may differ in unit size, design, furnishings, provided by the respective Partner Inventory provider. Each of amenities and facilities from the Unit associated with these Transactions may require a combination of fees paid and such Member’s Vacation Time. RCI Points used. Limited Use RCI Points may not be used to (f) Each Member acknowledges that RCI may (without make Reservations of Partner Inventory. refund or credit) revoke a confirmed Reservation, terminate or suspend the membership of a Member or deny access to any of the products or services offered in connection with a membership in the event that Member or his/her guest misuses a Reservation or

14 otherwise breaches these Terms and Conditions or any sell Vacation Time, nor are either one engaged in a other Network Document. joint venture, partnership or agency relationship with the Affiliated Resort, developer, marketer or seller of Vacation Time. Further, these Terms and 18. ADMINISTRATION Conditions are separate and distinct from each Member’s agreement with the Affiliated Resort, (a) Records, Statements. The Network Administrator will developer, marketer or seller of Vacation Time. maintain records of all Reservations, use and allocation of RCI Points. The Network Administrator will make (iv) If the Affiliated Resort fails to perform the available to each Member a Points Statement, on a Use obligations in its agreement with the Network Year basis, which shall contain the activity of the Administrator, or if that agreement ends for any Member for the prior Use Year. reason, the resort may lose its Affiliated Resort status. The Network Administrator may, at its (b) Late Check-In. Unless a Member or guest informs the option, continue to honor existing memberships check-in desk at a particular resort or the applicable for the remainder of their term despite loss by the Partner Inventory provider that they anticipate checking Affiliated Resort of its status as an Affiliated Resort. in later than the arrival time designated within a The Network Administrator may, at its option, also confirmed Reservation, the arriving Member or guest cancel existing Vacation Time or the relevant RCI risks forfeiture of such Reservation and the RCI Points Points following the loss by the resort of its status used to make such Reservation, consistent with Section 13. as an Affiliated Resort. (c) Applicable Limitations. Various limitations exist for (v) Each Member’s decision to purchase Vacation Time Affiliated Resorts and with respect to Partner Inventory should be based primarily upon the benefits to be (e.g., occupancy limitations, baggage limitations). Each gained from the ownership, use and enjoyment of Member and guest shall observe applicable occupancy such Member’s Vacation Time at the Affiliated limitations, and shall comply with any terms and Resort and not upon the anticipated benefits of conditions set forth by the respective Affiliated Resort the Network. The Affiliated Resort at which a and/or Partner Inventory provider. Member purchases Vacation Time is solely (d) Relationship Between RCI and Affiliated Resort. responsible for its financial viability and the quality of its accommodations, facilities, amenities, (i) The Network, the Affiliated Resorts and the management and services. providers of Partner Inventory are separate and distinct entities and the services provided by the (e) Information on Affiliated Resorts and Partner Inventory. Network are separate and distinct from the prod- Information about Affiliated Resorts and Partner ucts or services that are sold by or on behalf of the Inventory provided by the Network is based on Affiliated Resort or Partner Inventory provider. information obtained from Affiliated Resorts and Partner While the Network Administrator may have entered Inventory providers. While the Network Administrator into a Network Affiliation Agreement with a Home will make reasonable efforts to ensure that information Resort or Home Group or an agreement with a provided by the Network to the Members is accurate and Partner Inventory provider, the Network complete as of the date such information is published Administrator does not have the ability to control by the Network, RCI expressly disclaims any liability for the operations of the Home Resort or Home Group inaccurate, incomplete or misleading information or the Partner Inventory provider. Thus, the concerning any Affiliated Resort or Partner Inventory Network Administrator cannot be responsible or provider. liable for the actions or omissions of Affiliated (f) Cancellation by Network Administrator. Reservations Resorts or of Partner Inventory providers. may be cancelled by the Network Administrator in (ii) Each Affiliated Resort is a party to an agreement respect to any resort which ceases to be an Affiliated with the Network Administrator. These Terms and Resort or Partner Inventory provider. Upon any such Conditions are separate and distinct from the cancellation, the relevant RCI Points will be returned Network Administrator’s agreement with the to the Member. The Network Administrator may also Affiliated Resort. cancel a Reservation due to an Event of Force Majeure (as defined in Section 26) which renders the Unit or (iii) The Network Administrator and the Affiliated Unit of Partner Inventory uninhabitable or unusable. Resort, developer, marketer or seller of Vacation Upon any such cancellation, the Member will not receive Time are separate and distinct entities, and the a refund of RCI Points used for that Reservation. In Network and the products or services that are sold addition, the Network Administrator may cancel a by or on behalf of the Affiliated Resort, including Reservation following the suspension or termination of but not limited to Vacation Time, are also separate a Member’s membership in the Network. Upon any and distinct. Neither the Network Administrator nor such cancellation, the Member will not receive a refund the Network Depository own, develop, market or of RCI Points used for that Reservation.

15 (g) Withdrawal of Benefits. The Network Administrator may (k) Additional Fees, Damages. Members or guests are withdraw benefits, including Vacation Time at Affiliated responsible for payment of applicable taxes, personal Resorts and Units of Partner Inventory, or suspend or expenses, utility charges, security deposits and other terminate the affiliation of Home Resorts or Home Groups fees or charges levied with respect to Vacation Time at with the Network in accordance with the following: an Affiliated Resort or a Unit of Partner Inventory. (i) A resort may be terminated as an Affiliated Resort Members are also responsible for any damages and/or if it is not operated in a commercial or reasonable expenses incurred or caused by themselves or their manner that enables it to meet its obligations or guests. is otherwise not in compliance with the rules, (l) Monitoring. Communications to and from regulations, policies and procedures of the Network representatives of the Network may be monitored or if there is a termination of the Network and/or recorded for training and quality control purposes. Affiliation Agreement; (m) Additional Products, Services. Each Member (ii) If a resort is destroyed or condemned or otherwise acknowledges that RCI or its affiliates may on occasion not suitable for use, the Resort may be withdrawn offer products or services through solicitations via mail, from the Network; email, telephone or other medium. Each Member here- (iii) If the legal existence of the property regime at the by consents and expressly requests to receive such resort is terminated, then the resort may be solicitations from RCI or its affiliates, including withdrawn; telephone solicitations utilizing automatic dialing equipment and/or artificial or pre-recorded messages. (iv) In the event the Network Affiliation Agreement is Each Member’s consent and request to receive such terminated or expires, or the Affiliated Resort is solicitations continues, whether or not this Agreement otherwise terminated from its relationship with the is terminated or expires, for the maximum period of Network, the Affiliated Resort will no longer be time permitted by applicable law, unless the Member considered an Affiliated Resort. In such event, the expressly withdraws such consent and request. Network Administrator shall use reasonable efforts to seek to make available alternative accommodations (n) Each Member authorizes the Affiliated Resort or other for Members whose confirmed Reservations are applicable entity to release to RCI any information RCI cancelled; provided, the Network Administrator has requests related to such Member’s payment or lack of no obligation to reimburse a Member for any cost payment of Vacation Time Expenses. or expenses or to otherwise satisfy specific requests; (o) Each Member acknowledges that if such Member fails (v) In the event that the agreement between the to pay Vacation Time Expenses, the Network Partner Inventory provider and the Network either Administrator may in its sole discretion pay some or all expires or is terminated; or of the outstanding Vacation Time Expenses. In that case, (vi) In the event that the Network Administrator the amount of Vacation Time Expenses paid by the terminates the operation of the Network. Network Administrator shall be treated as such Member’s Network Dues which have not been paid. (h) Re-Enrollment. If a Member’s membership terminates or is terminated by the Network Administrator for any reason, and the Member desires re-enrollment in the 19. MEMBER SUSPENSION Network, the Member must execute a new Network AND TERMINATION Participation Agreement. The Member’s re-enrollment is subject to the Network Administrator’s right to refuse (a) Suspension. A Member may be suspended by the any Network Participation Agreement and the applicable Network Administrator from participation in the fees that are presented to it. Network and use of his allocated RCI Points if: (i) the (i) Non-Commercial Use. Network use by a guest or a Member breaches any provision of these Terms and Member may not be for commercial purposes, including Conditions or any other Network Document; (ii) the through auction, rental or sale. Member fails to pay any fees due and owing respecting the Network or any Affiliated Resort, including (j) Failure to Pay. Network Dues shall be paid when billed homeowner association fee(s) and assessment(s) at by the Network Administrator. If not paid within thirty such resort; (iii) the Member fails to remain current in (30) days after date of the bill, Network Dues will accrue the payment of any purchase money obligations interest at 1 1/2% per month (18% per annum) or the respecting Vacation Time Deposited by that Member; or maximum permitted by law, whichever is less, and a late (iv) the Affiliated Resort associated with the Member’s fee will be charged in an amount of $10.00 USD. In Deposited Vacation Time is not then in good standing addition, all Member or guest Transactions or other fees with the Network. If a Member is suspended, the must be paid when due.

16 Member may not avail him or herself of the benefits of membership transfer fees. The Network Administrator the Network, inclusive of the following: also reserves the right to refuse to accept any membership transfer application and the applicable (i) the Member may not obtain Reservations; fees. If a Member conveys his/her Vacation Time, the (ii) the Network Administrator may cancel confirmed grantee/purchaser will acquire the Member’s Vacation Reservations and remove the Member from any Time, subject to any outstanding Reservations which wait lists; and exist in respect to such Vacation Time. (iii) the Member may not be allocated RCI Points for a (c) Renewals. When enrolled in the Automatic Renewal respective Use Year during suspension. Billing, as provided for in the Network Participation Any suspension of use of RCI Points shall neither release Agreement, Network Dues at the applicable rate at a Member nor his Vacation Time from the Network membership expiration are automatically invoiced or Participation Agreement. charged to the credit card indicated, or such replace- ment card as the Member provides (or the same may be (b) Termination. The Network Administrator may terminate billed to the Member); provided that RCI will provide the a person’s membership or a particular Network Member with at least seven (7) days prior written notice Participation Agreement upon the occurrence of any of of upcoming renewal. Membership then continues upon the following: payment for an additional term equal to three (3) years, (i) upon the termination or expiration of all the as long as eligibility of membership remains. Payment Member’s outstanding Network Participation of the Network Dues is acceptance of a new membership Agreements; term equal to three (3) years. Failure to pay membership for a renewal term may result in termination of (ii) following suspension if the Member fails to cure membership and may require payment to reinstate the reasons for such suspension within such time membership. as determined by the Network Administrator; (iii) in the event that the Network terminates, all memberships shall terminate; or 21. LIMITATION OF LIABILITY (iv) the Affiliated Resort at which the Member The Network’s liability, including the liability of the Network Deposited his Vacation Time is no longer an Administrator, to a Member or guest with respect to their use Affiliated Resort; or of or inability to use the Network shall be limited to the fees (v) if required to do so by any local, state or federal paid to the Network Administrator for the relevant use. In no governmental entity (or its equivalent if a foreign case shall the Network or the Network Administrator be liable country) and/or any laws, rules or regulations that for special, consequential or punitive damages. Non-network may apply. related programs and services, including but not limited to Partner Inventory, offered through the Network Administrator Notwithstanding the termination of the Member, all fees are subject to separate terms and conditions and may be and other amounts owing to the Network Administrator changed, eliminated or added to without prior notice to you. by such Member shall be immediately due and payable The Network Administrator accepts no responsibility for the to the Network Administrator. Upon termination, use acts or omissions of any third parties providing such programs rights associated with the Vacation Time will remain or services directly to you. subject to the assignment to the Network pursuant to the terms of the relevant Network Participation Agreement, unless released by the Network Administrator. 22. RIGHTS OF NETWORK ADMINISTRATOR The Network Administrator may waive the application of any 20. WITHDRAWING, TRANSFERING OR requirement, including Transaction fees, otherwise existing in RENEWING A MEMBERSHIP the Network Documents. When a Member uses his RCI Points to make a Reservation of Partner Inventory, those RCI Points (a) Withdrawals. A Member may not withdraw from the are assigned to the Network Administrator for its use in Network until the expiration of all of the Member’s promoting and operating the Network. The Network outstanding Network Participation Agreements. Administrator may use those RCI Points to make a Reservation (b) Transfers. If a Member sells or otherwise transfers of Vacation Time, to make those RCI Points available for his/her Vacation Time, the Member may also transfer Associate Members, or to otherwise use or dispose of those his/her RCI Points Subscribing Membership to the RCI Points. Based upon anticipated demand, the Network grantee/purchaser. The Member must submit to RCI the Administrator may exchange Vacation Time in the Network properly executed membership transfer application, Depository for Vacation Time in the External Exchange pertinent ownership information, and the applicable Program. Further, the Network Administrator may, at any time,

17 dispose of Vacation Time it reasonably determines will likely go assumed by the Network Administrator. A Member shall unused, and the Network Administrator may dispose of any not disturb the rights of the Network Administrator, the Vacation Time that is not the subject of a Reservation ninety Network Depository or any Member to use, enjoy, occupy (90) days prior to the start date of that Vacation Time. Finally, and otherwise perform their respective rights, privileges the Network Administrator may, in its sole discretion, accept or and duties in respect to the deposited Vacation Time. reject any Network Participation Agreement. 24. NETWORK INTEGRITY 23. ASSIGNMENT OF RIGHTS In addition to all other rights provided to the Network (a) Rights/Obligations. During the period in which a Administrator in the Network Documents, the Network Member is enrolled as a Member of the Network, the Administrator shall have the right to take such actions, as Member hereby assigns rights in respect to the Vacation determined by the Network Administrator in its discretion, to Time identified to the Network Administrator for use and ensure the continuing integrity of the Network. Such actions enjoyment of the Network Administrator, the Network may include, but not be limited to, restricting Members’ ability Depository and the Members within the RCI Points Network to access Partner Inventory, restricting the timing or amount of in accordance with the Network Documents. Each Member RCI Points that may be saved, borrowed, transferred or rented, shall retain title to the Vacation Time. All Vacation Time and adjusting the RCI Point value of Vacation Time and of Units Expenses shall remain the applicable Member’s obligation, of Partner Inventory. and are not assigned or delegated to or assumed by RCI, and the applicable Member remains responsible for the payment of all Vacation Time Expenses. 25. AMENDMENT (b) Network Documents. The purpose of the assignment is The Network Administrator may amend its Network Documents to grant to the Network Administrator during the period at any time. The Network Administrator will make such in which a Member is enrolled as a Member of the amendments available to Members by newsletters, publications, Network all rights of use, enjoyment and occupancy as and mailings or on our website located at www.rci.com. relate to the Vacation Time. Members shall have such rights to use the Vacation Time as set forth in the Network Documents. Members shall not disturb the rights of the 26. FORCE MAJEURE Network Administrator, the Network Depository, or any Member to use, enjoy, occupy and otherwise perform If the Network Administrator should be prevented, hindered or their respective rights, privileges and duties in respect to delayed in the performance of any of its obligations set forth the Vacation Time, or disturb the rights of the Network in the Network Documents, including, but not limited to, Administrator, the Network Depository or any Member in providing lodging accommodations, due to an Event of Force respect to use and enjoyment of the assigned rights. Each Majeure (as defined below) beyond its reasonable control, and Member’s rights of use, occupancy and enjoyment of the which cannot reasonably be circumvented by the Network Vacation Time during the period in which a Member is Administrator through the use of alternate sources or other enrolled as a Member of the Network shall be as set forth means, then the Network Administrator shall be excused from in and are subject to the Network Documents. Each further performance upon written notice to the affected Member acknowledges that those documents may be Member stating the reason for such nonperformance, without changed from time to time in accordance with their obligation to refund or return any amounts paid by the affected terms. RCI hereby subordinates the rights assigned to RCI Member prior to such notice. The term “Event of Force to any first mortgage and to each Member’s Home Resort Majeure”, as used herein, shall mean and refer to (i) an act Owners’ Association assessment lien. of God or public enemy, fire, explosion, perils of the sea, lightning, earthquake, storm, flood, declared or undeclared war, (c) Assignment of Deposited Vacation Time. By depositing revolution, insurrection, riot, act of piracy, act of terrorism, Vacation Time in the Network Depository, a Member sabotage, blockade, embargo, accident, epidemic or quarantine; relinquishes all rights to the use of that Vacation Time (ii) action by a governmental authority which prevents or delays and agrees that such deposited Vacation Time may be performance of the Network Administrator’s obligations used by the Network Administrator to conduct exchanges, hereunder; or (iii) a strike, lockout or other labor unrest inspection visits, rentals, promotions and for other resulting from any cause and whether or not the demands of purposes at the Network Administrator’s discretion. The the employees involved are reasonable or within the Network Network Administrator reserves the right to assign a Administrator’s power to concede. Notwithstanding the Network Member's deposited Vacation Time to others, whether or Administrator’s inability to perform any of its obligations set not the Member has made a Reservation. A Member forth in the Network Documents, the Member’s obligations set retains title to the deposited Vacation Time. All Vacation forth in the Network Documents shall continue. Time Expenses are not assigned or delegated to or

18 27. EXCLUSIVE JURISDICTION (a) Governing Law. These Terms and Conditions and the Network shall be governed by the laws of the State of New Jersey. (b) Forum. Any legal action relating to or arising out of this Agreement shall be commenced exclusively in the state or federal courts in and for Morris County, New Jersey. This Section 27(b) is not applicable to residents of North Carolina. (c) Waiver. Each Member or guest waives the right to a trial by jury. (d) Legal Fees. If any legal action is initiated by a Member or guest and the Network prevails, that Member or guest shall pay all costs incurred by the Network in defending such action, including reasonable attorneys’ fees.

ENDLESS VACATION, RESORT CONDOMINIUMS INTERNATIONAL, RCI, RCI and design, and RCI TRAVEL are trademarks that may not be used without the prior written permission of RCI. Other brand names may be trademarks of their respective owners.

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Resorts With 1 - 5 Units PACIFICA MASTER SANDS MALIBU PREMIER VISTA NATALIA II Resorts With 1 - 5 Units PASEO DE LA COLINA S/N 141 AVENUE DES HAUTS DE CANET CUESTA DE LA FUENTE 22-24 COLONIA VISTA HERMOSA CANET EN ROUSSILLON 04638 MOJÁCAR BROADWATER BUNGALOWS IXTAPA/ZIHUATANEJO, GRO FRANCE ALMERÍA BUSSEL HIGHWAY MEXICO SPAIN BUSSELTON, WA MANDALAY SHORES RESORT AUSTRALIA THE PENTHOUSES 5226 NEPTUNE SQUARE XANADU BEACH RESORT AND AT GULF STREAM OXNARD, CA MARINA BROADWATER PAGODA HOTEL 1501 GULF DRIVE N. USA SUNKEN TREASURE DRIVE 112 MELVILLE PARADE BRADENTON BEACH, FLORIDA FREEPORT COMO, WA USA MIRADOR DE LOS COLLAGUAS ISLA GRAN BAHAMA AUSTRALIA CALLE LIMA NO. 513 YANQUE BAHAMAS YANQUE-COLCA AREQUIPA BROADWATER RESORT Resorts With 6 - 10 Units PERU APARTMENTS Resorts With 11 - 20 Units 112 MELVILLE PARADE ARROWHEAD CONDOMINIUMS MOUNT HUTT LODGE COMO, WA OWNERS OFFICE ZIGZAG ROAD, WINDWHISTLE ACADIA SMOKY MOUNTAIN AUSTRALIA P.O. BOX 563 STATE HWY 72/77 RESORT SEELEY LAKE, MT RD12 170 ACADIA CIRCLE BROCKWOOD HALL USA RAKAIA GATLINBURG, TN WHICHAM VALLEY NEW ZEALAND USA NEAR MILLOM BLUE BAY CLUB CUMBRIA CARRETERA PUERTO JUAREZ NENASTAKO VILLAGE AZURE SKY RESORT ENGLAND PUNTA SAM KILOMETRO 1.5 AT MEADOW LAKE RESORT 1661 CALLE PALO FIERRO CANCUN, QROO 100 ST. ANDREWS DRIVE PALM SPRINGS, CA CLUB LAVAUD MEXICO COLUMBIA FALLS, MT USA 2-6 RUE LAVAUD USA AKAROA BREAKPOINT HOLIDAY COMPLEX BEACH CLUB I NEW ZEALAND TRIQ BRANKUTLI NORTH STAR VACATION CLUB 326 ESTERO BLVD. QAWRA BAY 78 WEATHERVANE DRIVE FORT MYERS BEACH, FLORIDA DESTINATIONS QAWRA KILLINGTON, VT USA AT GLACIER'S REACH MALTA USA 4388 NORTHLANDS BLVD. BUSBY MANOR WHISTLER, BC CANALTIME AT BRADFORD UPON ORETI VILLAGE MARSDEN ROAD CANADA AVON MARINA PUKAWA ROAD PAIHIA BRADFORD-ON-AVON MARINA PUKAWA BAY BAY OF ISLANDS DESTINATIONS AT ROSEDALE ON TROWBRIDGE ROAD TAUPO NEW ZEALAND ROBSON BRADFORD-ON-AVON NEW ZEALAND 838 HAMILTON ST. SOMERSET CANALTIME AT NOTTINGHAM VANCOUVER, BC ENGLAND QUEENSTOWN MEWS CASTLE MARINA CANADA 10 FRANKTON ROAD NOTTINGHAM CASTLE MARINA CANALTIME HOUSEBOATS QUEENSTOWN MARINA ROAD DESTINATIONS AT NOTTINGHAM NEW ZEALAND CASTLE PARK AT ROYAL VICTORIA SUITES NOTTINGHAM CASTLE MARINA NOTTINGHAMSHIRE 1413 GOVERNMENT ST. MARINA ROAD ROYAL FLORIDIAN RESORT ENGLAND VICTORIA, BC CASTLE PARK 51 S. ATLANTIC AVE. CANADA NOTTINGHAM ORMOND BEACH, FLORIDA CANALTIME AT PEARTREE BRIDGE ENGLAND USA MILTON KEYNES MARINA ELKHORN RESORT PEARTREE BRIDGE BOX 40 CHAMPIONS' RUN CONDOMINIUMS SAND SHARES RESORT MILTON KEYNES ONANOLE, MB 819 HIGHWAY 70 E. P.O. BOX 8048 BUCKINGHAMSHIRE CANADA NO. 101 HILTON HEAD ISLAND, SC ENGLAND P.O. BOX 601 USA FOUR SEASONS-PACIFICA RUIDOSO DOWNS, NM CANALTIME AT SAWLEY MARINA 2600 AVENUE DEL PRESIDENTE USA STRATFORD COURT SAWLEY SAN CLEMENTE, CA BIRMINGHAM ROAD LONG EATON USA CLUB VIVA DOMINICUS PALACE STRATFORD-UPON-AVON NOTTINGHAM LA ROMANA WARWICKSHIRE ENGLAND GOLF APARTMENTS RICHMOND BAYAHIBE ENGLAND PARK DOMINICAN REPUBLIC CLASSIC NARROWBOATS RICHMOND PARK GOLF CLUB THE "Q" OLD BURLEIGH ROAD AT BARTON TURNS SAHAM ROAD GEO GROUP AT GUANA BAY BEACH 15 OLD BURLEIGH ROAD BARTON-UNDER-NEEDWOOD WATTON, THETFORD VILLAS SURFERS PARADISE, QLD BURTON-ON-TRENT NORFOLK GUY ESTATES AUSTRALIA STAFFORDSHIRE ENGLAND PHILIPSBURG ENGLAND NETHERLANDS ANTILLES THE LUXURY CLUB, AHMEDABAD LIFESTYLE CLUB AT KOORALBYN NEAR NEHRU BRIDGE CLUB CARILO PLAYA ROUTLEY DRIVE HARBOURSIDE II CONDOMINIUMS AHMEDABAD AVUTARDA (ENTRE LAMBERTINA KOORALBYN VALLEY, QLD 1141 BROAD CREEK ROAD INDIA Y LAUREL) AUSTRALIA NEW BERN, NC CARILÓ, BSAS USA ARGENTINA

+ RCIRM, Fairfield, Trendwest or Equivest resort 21 RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 22

Resorts With 11 - 20 Units CLUB GEOPREMIERE HAVEN COURT +PACIFIC FANTASY STRATFORD COURT 42 RUE DE LA CHAUMINE LAC LITTLE HAVEN C/O THE PONO KAI NARROWBOATS CHIRK MORENCY HAVERFORDWEST 1250 KUHIO HIGHWAY CHIRK MARINA ST. HIPPOLYTE, QC PEMBROKESHIRE KAPAA, HAWAII CHIRK CANADA WALES USA WREXHAM CLWYD CLUB PRIMAVERA HOLIDAY BEACH RESORT-PHASE II PACIFIC GROVE PLAZA WALES AVENIDA ALEMANIA 47/49 1006 E. HIGHWAY 98 620 LIGHTHOUSE AVE. PLAYA DEL INGLES PO BOX 125 PACIFIC GROVE, CA SUTTON HALL TIMESHARE CLUB CANARY ISLANDS, SPAIN DESTIN, FLORIDA USA SUTTON HALL USA SUTTON-UNDER-WHITESTONECLIFFE CORAL REEF CLUB PALM COURT THIRSK AT SUNCREST HOTEL ISCHIA UNO RESIDENCE MITTI STREET NORTH YORKSHIRE QAWRA COAST ROAD VIA FORCHE 3 NOOSA HEADS, QLD ENGLAND QAWRA PANZA AUSTRALIA MALTA FORIO D'ISCHIA, (NA) THE BISHOP SELWYN ITALY PORT ELSEWHERE SELWYN ROAD CORAL SANDS RESORT 300 ELSEWHERE DRIVE PAIHIA P.O. BOX 5686 ISLAND PALMS P.O. BOX 602 BAY OF ISLANDS HILTON HEAD ISLAND, SC 13 THE ESPLANADE LAKE OZARK, MO NEW ZEALAND USA NELLY BAY USA MAGNETIC ISLAND, QLD THE LOFTS APARTMENTS DIVI BEACH VILLAS AUSTRALIA RESIDENTIE VAN GOGH 61 SHOTOVER STREET AT SOUTHWINDS, LTD. P. PARMENTIERLAAN 209-211 QUEENSTOWN ST. LAWRENCE JADON PLACE KNOKKE-HEIST NEW ZEALAND CHRIST CHURCH 31 HOOKER BOULEVARD BELGIUM BARBADOS BROADBEACH, QLD THE LUXURY CLUB, MUMBAI AUSTRALIA RIVER RUN CONDOMINIUMS SAHAR AIRPORT ROAD ANDHERI DIVI CARINA BAY RESORT ROUTE 302 (EAST) 25 ESTATE TURNERS HOLE KAIMANAWA LODGE P.O. BOX 358 MUMBAI CHRISTIANSTED, VI TAUPAHI ROAD BARTLETT, NH INDIA USA TURANGI USA NEW ZEALAND THE OCEAN CLUB VILLAS EDGEWATER CLUB ROYAL HOLIDAY BEACH RESORT CUPECOY BEACH SARGOOD DRIVE LA BOCA CASA BY THE OCEAN TREASURE BAY RESORT AND SINT MAARTEN WANAKA 365 N. OCEAN BLVD. CASINO NETHERLANDS ANTILLES NEW ZEALAND BOCA RATON, FLORIDA U.S. HIGHWAY 90 USA 1980 BEACH BLVD. THE QUAYSIDERS CLUB EL MARQUES PALACE BILOXI, MS BORRANS ROAD CALLE LAS ROSAS LAKE EDGE RESORT (NZ) USA WATERHEAD PUERTO DE SANTIAGO MAIN HIGHWAY 1 AMBLESIDE SANTIAGO DEL TEIDE KAIWHAKA POINT SIESTA FERIENCLUB SCHARNITZ CUMBRIA CANARY ISLANDS, SPAIN TAUPO GIESSENBACH 310 ENGLAND NEW ZEALAND SCHARNITZ-GIESSENBACH FAIRWAY LODGE AUSTRIA THE RIDGE RESORT 54 GOLF ROAD LIGHTHOUSE POINT VILLAS GOLDFIELD HEIGHTS MOUNT MAUNGANUI LEGUM & NORMAN SOLANAS MAR DEL PLATA QUEENSTOWN NEW ZEALAND 7904 COASTAL HIGHWAY SERRANO 2949 NEW ZEALAND SUITE 1 PUNTA MOGOTES FLORIDA VACATION VILLAS CLUB I OCEAN CITY, MD MAR DEL PLATA, BSAS THUNDER MOUNTAIN 2777 N. POINCIANA BLVD. USA ARGENTINA CONDOMINIUM KISSIMMEE, FLORIDA 2030 WALTON CREEK ROAD USA MANOR COURT CLUB SOLANAS TERMAS DEL DAYMAN P.O. BOX 772895 MORETONHAMPSTEAD CALLE LOS MOLLES S/N BARRIO STEAMBOAT SPRINGS, CO GOLDEN SHORES HOLIDAY CLUB NEWTON ABBOT JARDINES DE TERMAS DEL USA 210 MARINE PARADE DEVON DAYMÁN LABRADOR, QLD ENGLAND SALTO, SLTO TRENYTHON MANOR AND AUSTRALIA URUGUAY COUNTRY CLUB MTO AT MIJAS GOLF TYWARDREATH GOLF CLUB VILLAS AT BIG CANOE URB. PUEBLO MIJITAS STRATFORD COURT PAR 90 STEVE TATE HIGHWAY APTO.CORREOS 79 NARROWBOATS AT EVESHAM CORNWALL MARBLE HILL, GA 29640 FUENGIROLA EVESHAM MARINA ENGLAND USA MÁLAGA KINGS ROAD SPAIN EVESHAM UMBRELLA BEACH RESORT GOLF PARK WORCESTERSHIRE 3805 GULF DRIVE GOLF DEL SUR OKAWA BAY LAKE RESORT ENGLAND HOLMES BEACH, FLORIDA SAN MIGUEL DE ABONA HIGHWAY 33 USA CANARY ISLANDS, SPAIN MOUREA ROTORUA GULF STREAM BEACH RESORT NEW ZEALAND 1501 GULF DRIVE N. BRADENTON BEACH, FLORIDA USA

22 + RCIRM, Fairfield, Trendwest or Equivest resort RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 23

Resorts With 11 - 20 Units VACATION CONDOS AT TAPATIO BANYAN HARBOR CARIBBEAN BEACH CLUB CLUB TRINIDAD CLIFFS 3411 WILCOX ROAD 7600 ESTERO BLVD. 1900 E. PALM CANYON DRIVE 10410 N. CAVE CREEK ROAD LIHUE, HAWAII FORT MYERS BEACH, FLORIDA PALM SPRINGS, CA UNIT 1060 USA USA USA PHOENIX, AZ USA BAREFOOT CONDOMINIUMS CARLTON TOWER SUITES CLUB VACANCES MAGOG 21111 BAREFOOT LOOP LARGO ANTONIO NOBRE 50 RUE DESJARDINS VILLAGE OF LOON MOUNTAIN LEAD, SD FUNCHAL, MADEIRA CANTON MAGOG, QC CONDOS USA PORTUGAL CANADA ROUTE 112 KANCAMAGUS HIGHWAY BARRIER ISLAND'S OCEAN PINES CATEDRAL SKI VILLAGE CLUB VIVA DOMINICUS LINCOLN, NH BEACH VILLA CERRO CATEDRAL LA ROMANA USA 1403 DUCK ROAD SAN CARLOS DE BARILOCHE, RN BAYAHIBE DUCK, NC ARGENTINA DOMINICAN REPUBLIC VIVA VALLARTA USA COSTA BANDERAS KILÓMETRO 11.5 CEDARBROOK CLUB VIVA FORTUNA CARRETERA PUNTA DE MITA BAY CLUB OF SANDESTIN JUNCTION OF ROUTE 4 AND P.O. BOX F-42398 BAHÍA DE BANDERAS, NAY 120 N. SANDESTIN BLVD. 100 SOUTH FREEPORT MEXICO DESTIN, FLORIDA KILLINGTON, VT BAHAMAS USA USA CLUB VIVA MAYA Resorts With 21 - 50 Units BRANTRIDGE PARK CLOVER RIDGE XA MAN HA LOTE HOTELERO 5 BALCOMBE 5071 CLOVER RIDGE ROAD FRACCIONAMIENTO PLAYACAR ABBAZIA COUNTRY CLUB WEST SUSSEX PANORA, IA PLAYA DEL CARMEN, QROO HRSZ. 084 ENGLAND USA MEXICO NEMESNEP HUNGARY BUSSELTON BEACH RESORT CLUB EL BERIL CORAL REEF RESORT MARINE TERRACE AND GUERIN CALLE EL BERIL SHIPYARD PLANTATION ALFAZ PARADISE CLUB STREET LA CALETA P.O. BOX 5686 CALLE BADIA 50 BUSSELTON, WA ADEJE HILTON HEAD ISLAND, SC PLAYA DEL ALBIR AUSTRALIA CANARY ISLANDS, SPAIN USA 03581 ALFAZ DEL PI ALICANTE CABO VILLAS CLUB EL MARQUES DEER RUN VILLAGE SPAIN CALLEJON DEL PESCADOR CALLE LAS ROSAS 123 SCOTCH VALLEY ROAD EL MEDANO PUERTO DE SANTIAGO P.O. BOX 7 ALPINE CREST/RESORT CLUB CABO SAN LUCAS, BCS SANTIAGO DEL TEIDE STAMFORD, NY OF HELEN MEXICO CANARY ISLANDS, SPAIN USA CARRIE COX DRIVE P.O. BOX 789 CALABOGIE LODGE RESORT CLUB EXCELSIOR 2 DESERT VACATION VILLAS HELEN, GA MILL STREET AVENIDA DE TIRAJANA 8 250 W. VISTA CHINO USA NO. 729 BAGOT TOWNSHIP PLAYA DEL INGLES PALM SPRINGS, CA P.O. BOX 220 CANARY ISLANDS, SPAIN USA ALTAMIRA CLUB CALABOGIE, ON CALLE EL BERIL CANADA CLUB LA RIVIERA DIVI HERITAGE RESORT LA CALETA URB. RIVIERA DEL SOL SUNSET CREST ADEJE CAMARON COVE C/ SATURNO S/N ST. JAMES CANARY ISLANDS, SPAIN 2402 N. GULF BLVD. 29650 MIJAS-COSTA BARBADOS INDIAN ROCKS BEACH, FLORIDA MÁLAGA ALVOR BEACH CLUB USA SPAIN DON PANCHO BEACH RESORT HOTEL ALVOR PRAIA 62 MILLER STREET PRAIA DOS 3 IRMAOS CANALTIME AT ALVECOTE CLUB NOOSA KELLY'S BEACH ALVOR MARINA VILLAGE NOOSA DRIVE BARGARA, QLD PORTUGAL ALVECOTE MARINA VILLAGE NOOSA HEADS, QLD AUSTRALIA ROBEY'S LANE AUSTRALIA APARTHOTEL HEVIZ TAMWORTH EL LAGO RESORT ERZSEBET KIRALYNE UTCA 19 STAFFS CLUB ORLANDO VACATION CAMINO AL MOLINO S/N HEVIZ ENGLAND RESORT SABANDIA, AREQUIPA HUNGARY 5305 SAN ANTONIO AVE. PERU CANALTIME AT UNION WHARF ORLANDO, FLORIDA APOLLO THERMAL APARTMENTS UNION WHARF SOUTH USA ELITE APARTMENTS MATYAS KIRALY SETANY MARKET HARBOROUGH AT FAIRWAYS CLUB 12-14 LEICESTERSHIRE CLUB PLAYA FLORES AMARILLA GOLF AND COUNTRY HAJDUSZOBOSZLO ENGLAND URB. LA COLINA CLUB HUNGARY 29620 TORREMOLINOS SAN MIGUEL DE ABONA CAPE WINDS RESORT MÁLAGA CANARY ISLANDS, SPAIN ATLANTIC TERRACE 657 W. MAIN ST. SPAIN 3629 S. ATLANTIC AVE. HYANNIS, MA ELITE APARTMENTS DAYTONA BEACH SHORES, USA CLUB TISAYA GOLF AT PUEBLO EVITA FLORIDA AVENIDA TJAEREBORG 6 AVDA. DE LAS PALMERAS USA CAPISTRANO SURFSIDE INN CAMPO DE GOLF C/ PALMITO S/N 34680 COAST HIGHWAY MASPALOMAS 29630 BENALMÁDENA-COSTA CAPISTRANO BEACH, CA CANARY ISLANDS, SPAIN MÁLAGA USA SPAIN

+ RCIRM, Fairfield, Trendwest or Equivest resort 23 RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 24

Resorts With 21 - 50 Units ELITE FUERTEVENTURA CLUB GRAIG PARK VILLAGE AND LAKEVIEW COUNTRY CLUB NOB HILL INN EL CASTILLO COUNTRY CLUB OLD COACH ROAD 1000 PINE ST. CALETA DE FUSTE DYSERTH LANIVET SAN FRANCISCO, CA ANTIGUA RHYL BODMIN USA CANARY ISLANDS, SPAIN WALES CORNWALL ENGLAND OCEANTIME +FAIRFIELD HARBOUR/ GREEN HOUSE LEGUM & NORMAN WINDJAMMER VILLAS I RUTA PROVINCIAL NO. 5 LAS CASITAS 7904 COASTAL HIGHWAY 475 BROAD CREEK ROAD KILOMETRO 82 PLAYA BLANCA SUITE 1 NEW BERN, NC VILLA GENERAL BELGRANO, CBA YAIZA OCEAN CITY, MD USA ARGENTINA CANARY ISLANDS, SPAIN USA

+FAIRFIELD HARBOUR/ HARBOURSIDE III LAS OLAS BEACH CLUB OLYMPIAN PALMS RESORT CLUB WINDJAMMER VILLAS II PALMETTO DUNES RESORT 1215-25 A1A 3875 CAMBRIDGE ST. 475 BROAD CREEK ROAD 9 SHELTER COVE LANE SATELLITE BEACH, FLORIDA LAS VEGAS, NV NEW BERN, NC SUITE A USA USA USA HILTON HEAD ISLAND, SC USA LAS OLAS BEACH CLUB OYSTER BAY +FAIRFIELD PLANTATION OF COCOA BEACH 1570 U.S. HIGHWAY 1 1602 LAKEVIEW PARKWAY HARTLAND FOREST GOLF & 5100 OCEAN BEACH BLVD. SEBASTIAN, FLORIDA VILLA RICA, GA LEISURE PARC COCOA BEACH, FLORIDA USA USA WOOLSERY USA BIDEFORD PACIFIC PALMS +FAIRFIELD SAPPHIRE VALLEY NORTH DEVON LAS ROSAS 2 LAKESIDE CRESCENT 70 SAPPHIRE VALLEY ROAD ENGLAND CALLE LAS ROSAS 2 PACIFIC PALMS, NSW SAPPHIRE, NC PUERTO DE SANTIAGO AUSTRALIA USA HIPPOCAMPUS BEACH RESORT SANTIAGO DEL TEIDE CALLE EL CRISTO, SECTOR CANARY ISLANDS, SPAIN PACIFIC VIEW RESORT FAIRWAYS OF THE MOUNTAINS LA CARANTA, PAMPATAR 34 VICTORIA TERRACE AT LAKE LURE ISLA DE MARGARITA, NESP LE MIRAGE VILLAGE CLUB CALOUNDRA, QLD 180 HERMAN WILSON ROAD VENEZUELA SAN FRANCISCO DE ASIS S/N AUSTRALIA LAKE LURE, NC VILLA CARLOS PAZ, CBA USA HMI AT CALYPSO ARGENTINA PAHIO AT THE SHEARWATER GRIFFITH AND MCDONALD 3730 KAMEHAMEHA FERIENCLUB BREITENBERGERHOF STREETS LES NATURELLES PRINCEVILLE, HAWAII GAMPENSTRASSE 40 COOLANGATTA, QLD GRIBELIERSTRASSE 37 USA TSCHERMS, (BZ) AUSTRALIA LEUKERBAD ITALY SWITZERLAND PALAZZO DEL GIGLIO-RESIDENZA HOLIDAY BEACH RESORT- ALBERGHIERA FERIENCLUB SCHLOESSLHOF SOUNDSIDE MAGENS BAY VILLAS CLUB CAMPO S. MARIA DEL GIGLIO KOEGELESTRASSE 19 19 VIA DE LUNA AT MAGENS SAN MARCO 2462 AXAMS PENSACOLA BEACH, FLORIDA MAGENS BAY ROAD VENEZIA, (VE) AUSTRIA USA ST. THOMAS, VI ITALY USA FIRST FAIRWAY AT WALDEN HOLIDAY CLUB HEVIZ PARADISE CANYON GOLF RESORT 13151 WALDEN ROAD VAJDA AKOS UTCA 3 MANGO TREE VACATION CLUB 185 CANYON BLVD. MONTGOMERY, TX HEVIZ AT CALYPSO PLAZA LETHBRIDGE, AB USA HUNGARY GRIFFITH AND MCDONALD CANADA STREETS FRENCH QUARTER IL POGGIO COOLANGATTA, QLD PASSAGE HOUSE CLUB HOTEL 3706 W. HIGHWAY 76 LOCALITA' IL POGGIO AUSTRALIA KINGSTEIGNTON BRANSON, MO CELLE SUL RIGO NEWTON ABBOT USA SAN CASCIANO BAGNI, (SI) MANSFIELD COUNTRY RESORT DEVON ITALY BANUMUM ROAD ENGLAND GEO GROUP AT LAC MORENCY MANSFIELD, VIC 42 RUE DE LA CHAUMINE LAC KINGSTOWN REEF AUSTRALIA PEREGRINE TOWNHOMES MORENCY AT THE CROWNE PLAZA RESORT AT SAN LUIS PASS ST.-HIPPOLYTE, QC 12000 INTERNATIONAL DRIVE MAUNA LOA VILLAGE BY THE SEA SURFSIDE BEACH CANADA ORLANDO, FLORIDA 78-7190 KALEIOPAPA ROAD 10202 BLUEWATER HIGHWAY USA KAILUA-KONA, HAWAII FREEPORT, TX GEO GROUP USA USA AT TAHOE SUMMIT VILLAGE + LAGUNA SURF 750 WELLS FARGO LANE 611 S. PACIFIC COAST HIGHWAY MONTE CARVOEIRO CLUBE PETERSON'S WATERFRONT RESORT P.O. BOX 4917 LAGUNA BEACH, CA PRAIA DO CARVOEIRO 103 N. PARK ST. STATELINE, NV USA LAGOA P.O. BOX 488 USA PORTUGAL CHELAN, WA LAKE EDGE RESORT (VIC) USA GOLDENWOODS CONDOMINIUMS 146 MELBOURNE ROAD MONTECHORO CLUBE 99 AT POWDERHORN RESORT MULWALA, NSW RUA ALEXANDRE O'NEIL PORTES DU SOLEIL 4828 POWDERHORN ROAD AUSTRALIA APARTADO 855 CHAMPOUSSIN VILLAGE P.O. BOX 430 ALBUFEIRA VAL D'ILLIEZ MESA, CO PORTUGAL SWITZERLAND USA

24 + RCIRM, Fairfield, Trendwest or Equivest resort RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 25

Resorts With 21 - 50 Units RAMS HORN VILLAGE RESORT SMOKETREE LODGE THE CLIFFS AT PEACE CANYON THE VILLAS OF PALM SPRINGS 1565 COLORADO HIGHWAY 66 11914 HIGHWAY 105 S. 4550 S. GRAND CANYON DRIVE 1650 CALLE PALO FIERRO P.O. BOX 1438 BANNER ELK, NC LAS VEGAS, NV PALM SPRINGS, CA ESTES PARK, CO USA USA USA USA SMUGGLER'S COVE RESORT THE CLOVER CLUB TIKI VILLAGE INTERNATIONAL RESIDENCE VERDE MARE 1501 GULF DRIVE N. TRIQ IT-TARTARUN FERNY AND CAVILL AVENUES VIA SAN GEMILIANO 10 BRADENTON BEACH, FLORIDA QAWRA SURFERS PARADISE, QLD LOCALITA SAN GEMILIANO USA MALTA AUSTRALIA TORTOLI ARBATAX, (NU) ITALY SOLANAS COUNTRY CLUB THE CLUB OF CAPE COD TROPIC LEISURE CLUB RUTA INTERBALNEARIA 177 LOWER COUNTY ROAD AT MAGENS POINT RESORT RIVER RESORT KILOMETRO 118.5 DENNIS PORT, MA MAGENS BAY ROAD MURRAY RIVER DRIVE PUNTA DEL ESTE, MALD USA ST. THOMAS, VI SOUTH YUNDERUP, WA URUGUAY USA AUSTRALIA + THE HEIDELBERG INN SOLANAS POUSADA 85 BOULDER-LAKE VIEW VACATION VILLAGE RIVERVIEW RESORT CONDOMINIUM DO ARVOREDO P.O. BOX DRAWER L 50 SETTLEMENT POINT ROAD 37 NEPTUNE LANE RUA TILAPIA 99 JUNE LAKE, CA PORT MACQUARIE, NSW SOUTH YARMOUTH, MA BOMBINHAS, SC USA AUSTRALIA USA BRAZIL + THE INN AT SILVER LAKES VACATION VILLAGE AT RUNNING ROCA PARK SPICEBUSH AT SEA PINES RESORT 14818 CLUBHOUSE DRIVE MON MARINA AND RESORT AVENIDA SAN AGUSTÍN 1044 WILLIAM HILTON PARKWAY P.O. BOX 26 208 KELLY COURT AND KNOTTS KILÓMETRO 1.800 WELCOME CENTER HELENDALE, CA BLVD. PORT DES TORRENT HILTON HEAD ISLAND, SC USA P.O. BOX F-42663 07830 SAN JOSÉ USA FREEPORT IBIZA THE LAKESIDE VILLAS BAHAMAS SPAIN SUN PACIFIC VILLAS 96 LAKE TERRACE 123 MURICATA AVENUE TAUPO VACATION VILLAS AT THE SUMMIT ROYAL CLUB INTERNATIONAL MOUNT MAUNGANUI NEW ZEALAND 25795 HIGHWAY N AT CHATEAU CANMORE RESORT NEW ZEALAND CLARKSVILLE, MO 1720 BOW VALLEY TRAIL THE LODGE AT LAKE TAHOE USA CANMORE, AB SUNBURST CONDOMINIUMS 3840 PIONEER TRAIL CANADA 3325 MEADOW LANE SOUTH LAKE TAHOE, CA VILLAGE RESORT STEAMBOAT SPRINGS, CO USA 288 HASTINGS RIVER DRIVE ROYAL GARDENS USA PORT MACQUARIE, NSW AT SUNSET BEACH CLUB THE MAKAI CLUB AT PRINCEVILLE AUSTRALIA AVDA DEL SOL, 5 SURFERS ROYALE 4180 LEI O PAPA ROAD 29630 BENALMÁDENA-COSTA 9 NORTHCLIFFE TERRACE PRINCEVILLE, HAWAII VILLAGGIO L'OLIVARA MÁLAGA SURFERS PARADISE, QLD USA LOCALITA' GASPONI SPAIN AUSTRALIA TROPEA, (VV) THE MAKAI CLUB COTTAGES ITALY SANDCASTLE COVE SWALLOWTAIL 4180 LEI O PAPA ROAD 1141 BROAD CREEK ROAD AT SEA PINES RESORT PRINCEVILLE, HAWAII VILLAS AT SUMMER BAY NEW BERN, NC 1044 WILLIAM HILTON PARKWAY USA 17805 U.S. HIGHWAY 192 USA WELCOME CENTER KISSIMMEE, FLORIDA HILTON HEAD ISLAND, SC THE OCEAN CLUB WATERVIEW USA SANDCASTLE VILLAGE II USA APARTMENTS 1141 BROAD CREEK ROAD 146 LOWLANDS CUPECOY BEACH VILLAS SOL PLAYA HERMOSA NEW BERN, NC SWAN MOUNTAIN RESORT SINT MAARTEN PLAYA HERMOSA USA 57 CARTIER COURT NETHERLANDS ANTILLES GUANACASTE DILLON, CO COSTA RICA SANDS OF INDIAN WELLS USA THE PINES RESORT 75-188 HIGHWAY 111 79 DUNGARVON STREET WALDORF APARTMENTS INDIAN WELLS, CA TAUPO IKA NUI WANAKA CANBERRA USA 64-66 LAKE TERRACE NEW ZEALAND CORNER LONDON CIRCUIT AND TAUPO AKUNA STREETS SANDY POINT BEACH RESORT NEW ZEALAND THE SEASONS CANBERRA, ACT 41 LABRADOR STREET 5736 TEXAS AVE. AUSTRALIA LABRADOR, QLD THE BURNSIDE PARK OWNERS CLUB ORLANDO, FLORIDA AUSTRALIA BURNSIDE PARK USA WATERWOOD TOWNHOUSES KENDAL ROAD 1141 BROAD CREEK ROAD SANIBEL BEACH CLUB BOWNESS-ON-WINDERMERE + THE SHORES AT LAKE TRAVIS NEW BERN, NC 626 NERITA ST. CUMBRIA 1917 AMERICAN DRIVE USA SANIBEL ISLAND, FLORIDA ENGLAND LAGO VISTA, TX USA USA WHISPERING WOODS THE CARAVANSERAI BEACH 67800 E. NICKLAUS WAY SEA PINES PLANTATION RESORT THE SUITES AT EASTERN SLOPE INN WELCHES, OR 33 OFFICE PARK ROAD BEACON HILL ROAD NO. 2 BEACON 2760 MAIN ST. USA C/O THE RESALE COMPANY HILL P.O. BOX 359 HILTON HEAD ISLAND, SC SINT MAARTEN NORTH CONWAY, NH USA NETHERLANDS ANTILLES USA

+ RCIRM, Fairfield, Trendwest or Equivest resort 25 RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 26

Resorts With 21 - 50 Units WHISPERING WOODS II BOAMBEE BAY RESORT CLUB ALGAIDA CLUB PAIHIA 67800 E. NICKLAUS WAY 8 BARBER CLOSE URB. SITIO DE CALAHONDA 67 WILLIAMS ROAD WELCHES, OR TOORMINA CTRA. DE CÁDIZ KM 196.5 PAIHIA USA COFFS HARBOUR, NSW 29647 MIJAS-COSTA NEW ZEALAND AUSTRALIA MÁLAGA WIMPEN SUEÑO AZUL SPAIN CLUB PLAYA VISTA AT TORRE CALLAO SALVAJE BREWSTER GREEN OCEANO ADEJE 203 LUND FARM WAY CLUB BENA VISTA C/O AZTEC COUNTRY CLUB CANARY ISLANDS, SPAIN BREWSTER, MA CTRO. COMERCIAL BENAVISTA URBANIZACION RIVIERA DEL SOL, USA CTRA. DE CÁDIZ KM 167 C/ LIBRA S/N WINDJAMMER LANDING VILLA 29688 ESTEPONA 29650 MIJAS-COSTA BEACH RESORT & SPA CANADA HOUSE BEACH CLUB MÁLAGA MALAGA LABRELOTTE BAY 1704 N. OCEAN BLVD. SPAIN SPAIN P.O. BOX 1504 POMPANO BEACH, FLORIDA CASTRIES USA CLUB CALAHONDA CLUB PUERTO CALMA SAINT LUCIA URB. SITIO DE CALAHONDA CALLE JOAQUIN BLANCO TORRENT CARLSBAD SEAPOINTE RESORT CTRA. DE CÁDIZ KM 196.5 B. AQUA DE LA PERRA 6400 SURFSIDE LANE 29650 MIJAS-COSTA PUERTO RICO Resorts With 51 CARLSBAD, CA MÁLAGA MOGAN Or More Units USA SPAIN CANARY ISLANDS, SPAIN CARLTON PALMS CLUB CARONTE CLUB SALINA WHARF APARTAMENTOS TROPICAL PARK RUA DO GORGULHO 17 URB. RIVIERA DEL SOL TRIQ IL-MAJJIERA AVENIDA EL JABLE 41 FUNCHAL, MADEIRA C/ ZEUS QAWRA CALLAO SALVAJE PORTUGAL 29650 MIJAS-COSTA MALTA ADEJE MÁLAGA CANARY ISLANDS, SPAIN CARLTON VILLAGE SPAIN CLUB SEVILLA ESTRADA MONUMENTAL 194 4646 W. IRLO BRONSON MEMORIAL ATLANTIC BEACH CLUB SAO MARTINHO CLUB CASA DORADA BEACH & HIGHWAY PASEO COSTA CANARIA FUNCHAL, MADEIRA GOLF RESORT KISSIMMEE, FLORIDA PLAYA DEL INGLES PORTUGAL CARRETERA TRANSPENINSULAR USA CANARY ISLANDS, SPAIN KILÓMETRO 18.5 CAUSEWAY ON GULL SAN JOSÉ DEL CABO, BCS CLUB SOL DEL ESTE ATRIUM RESORT 8087 LOST LAKE ROAD MEXICO ROOSEVELT Y PARADA 12.5 315 21ST ST. NISSWA, MN PUNTA DEL ESTE, MALD VIRGINIA BEACH, VA USA CLUB CASABLANCA URUGUAY USA URBANIZACIÓN BOTANICO CEDAR LAKE COUNTRY RESORT APARTADO CORREOS 233 CLUB TENERIFE ATTITASH MOUNTAIN VILLAGE AND EQUESTRIAN CENTRE PUERTO DE LA CRUZ LOS DIAMANTES II ROUTE 302 555 NERANG-MURWILLUMBAH CANARY ISLANDS, SPAIN LOS CRISTIANOS BOX 358 ROAD ARONA BARTLETT, NH ADVANCETOWN, QLD CLUB DELTA MAR CANARY ISLANDS, SPAIN USA AUSTRALIA URB. RIVIERA DEL SOL C/ LIBRA CLUB VACANCES TOUTES SAISONS BARRIER ISLAND STATION-DUCK CELEBRATION WORLD RESORT 29650 MIJAS-COSTA MONT STE.-ANNE 1245 DUCK ROAD 7503 ATLANTIS WAY MÁLAGA 355 RUE DUPONT DUCK, NC KISSIMMEE, FLORIDA SPAIN BEAUPRE, QC USA USA CANADA CLUB DOBOGOMAJOR BARRIER ISLAND STATION- CHAYOFA COUNTRY CLUB HEVIZI UTCA 1 CONDOVAC LA COSTA KITTY HAWK URBANIZACIÓN CHAYOFA CSERSZEGTOMAJ PLAYA HERMOSA 1 CYPRESS KNEE TRAIL LOS CRISTIANOS HUNGARY GUANACASTE KITTY HAWK, NC ARONA COSTA RICA USA CANARY ISLANDS, SPAIN CLUB MARBELLA URB. SITIO DE CALAHONDA CORAL REEF BEACH RESORT BEACH HOUSE SEASIDE RESORT + CIMARRON GOLF RESORT, A C/ MONTE PARAISO 5800 GULF BLVD. MARINE PARADE AND LEISURE INDUSTRIES COMPANY 29650 MIJAS-COSTA ST. PETE BEACH, FLORIDA MCLEAN STREET 67-707 30TH AVENUE MÁLAGA USA COOLANGATTA, QLD CATHEDRAL CITY, CA SPAIN AUSTRALIA USA CORONADO HOTEL AND RESORT CLUB MARINA PLAYA CORONADO BEACHCOMBER INTERNATIONAL CLOWANCE ESTATE AND COUNTRY CALLE MINERVA NUMBER 2 DEPARTAMENTO CHAME-PROV. RESORT CLUB COSTA DEL SILENCIO PANAMA 122 GRIFFITH STREET PRAZE-AN-BEEBLE LAS GALLETAS COOLANGATTA, QLD CAMBORNE CANARY ISLANDS, SPAIN DIVI LITTLE BAY BEACH & AUSTRALIA CORNWALL RACQUET CLUB ENGLAND CLUB OLYMPUS AT GARDEN CITY P.O. BOX 961 BELAIR BEACH HOTEL GARDEN CITY LITTLE BAY ROAD P.O. BOX 940 LITTLE BAY BEACH CLUB ABBAZIA PLAYA DE LAS AMÉRICAS PHILIPSBURG SINT MAARTEN ERZSEBET KIRALYNE UTCA 23 ARONA NETHERLANDS ANTILLES NETHERLANDS ANTILLES KESZTHELY CANARY ISLANDS, SPAIN HUNGARY

26 + RCIRM, Fairfield, Trendwest or Equivest resort RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 27

Resorts With 51 Or More Units EAGLE VILLAGE +FAIRFIELD NASHVILLE +FAIRFIELD WILLIAMSBURG +HAVASU DUNES RESORT AT TAMIMENT RESORT 2415 MCGAVOCK PIKE PATRIOTS PLACE 620 S. LAKE HAVASU AVE. EAGLE VILLAGE POA NASHVILLE, TN ROUTE 60 LAKE HAVASU CITY, AZ TAMIMENT, PA USA BYPASS ROAD USA USA P.O. BOX 2838 +FAIRFIELD OCEAN PALMS WILLIAMSBURG, VA HILTON GARDEN INN EASTERN SLOPE INN 615 N. OCEAN BLVD. USA TAMPA NORTH 2760 MAIN ST. POMPANO BEACH, FLORIDA 600 TAMPA OAKS BLVD. BOX 359 USA FAIRWAYS CLUB TEMPLE TERRACE, FLORIDA NORTH CONWAY, NH AMARILLA GOLF AND COUNTRY USA USA +FAIRFIELD OCEAN RIDGE CLUB 1 KING COTTON ROAD SAN MIGUEL DE ABONA HILTON GRAND VACATIONS CLUB EL MARQUES P.O. BOX 27 CANARY ISLANDS, SPAIN AT SEAWORLD INTERNATIONAL CALLE LAS ROSAS EDISTO ISLAND, SC CENTER PUERTO DE SANTIAGO USA FERIENCLUB BELLEVUE 6924 GRAND VACATIONS WAY SANTIAGO DEL TEIDE KARL-HEINRICH-WAGGERL- ORLANDO, FLORIDA CANARY ISLANDS, SPAIN +FAIRFIELD OCEAN WALK STRASSE 9 USA 300 N. ATLANTIC AVE. BAD GASTEIN ESTURION DE MONTOYA I.R. DAYTONA BEACH, FLORIDA AUSTRIA HILTON GRAND VACATIONS CLUB PLAYA DE MONTOYA USA AT SOUTH BEACH LA BARRA FERIENCLUB GRUNDLSEE 1430 OCEAN DRIVE PUNTA DEL ESTE, MALD +FAIRFIELD ORLANDO ARCHKOGL 31 MIAMI BEACH, FLORIDA URUGUAY AT CYPRESS PALMS GRUNDLSEE USA 5300 FAIRFIELD LAKE DRIVE AUSTRIA +FAIRFIELD ANAHEIM KISSIMMEE, FLORIDA HILTON GRAND VACATIONS CLUB AT DOLPHIN'S COVE USA FERIENCLUB LUFTKURORT AT THE LAS VEGAS HILTON 465 W. ORANGEWOOD AVENUE MITTERFELS 455 KAREN AVE. ANAHEIM, CA +FAIRFIELD PAGOSA STEINBURGER STRASSE 2 LAS VEGAS, NV USA 42 PINON CAUSEWAY MITTERFELS USA P.O. BOX 4040 GERMANY, FEDERAL REP +FAIRFIELD BAY PAGOSA SPRINGS, CO HIPPOCAMPUS VILLAS RESORT ATTN: FAIRSHARE OFFICE USA FERIENCLUB OBERSTAUFEN CALLE EL CRISTO SECTOR LA P.O. BOX 1008 MALAS 8-16 CARANTA, PAMPATAR FAIRFIELD BAY, AR +FAIRFIELD SEAWATCH PLANTATION OBERSTAUFEN ISLA DE MARGARITA, NESP USA 151 SEAWATCH DRIVE GERMANY, FEDERAL REP VENEZUELA MYRTLE BEACH, SC +FAIRFIELD BRANSON USA FERIENCLUB TIROLENSIS HOLIDAY BEACH RESORT-DESTIN 110 WILLOWBEND ROAD PRISSIANO 1006 U.S. HIGHWAY 98 E. BRANSON, MO +FAIRFIELD SEDONA PRISSIAN, (BZ) P.O. BOX 125 USA 1500 KESTREL CIRCLE ITALY DESTIN, FLORIDA SEDONA, AZ USA +FAIRFIELD DESTIN USA FOXRUN TOWNHOUSES AT MAJESTIC SUN 180 HERMAN WILSON ROAD HOLLYWOOD BEACH TOWER 77 SEASCAPE BLVD. +FAIRFIELD SMOKY MOUNTAINS LAKE LURE, NC 301 HARRISON ST. DESTIN, FLORIDA AT GOVERNOR'S CROSSING USA HOLLYWOOD, FLORIDA USA 308 COLLIER DRIVE USA SEVIERVILLE, TN GASLAMP PLAZA SUITES +FAIRFIELD FLAGSTAFF USA 520 E ST. IMPERIAL FIESTA CLUB 1900 N. COUNTRY CLUB DRIVE SAN DIEGO, CA AT HOTEL CASA MAYA FLAGSTAFF, AZ +FAIRFIELD WASHINGTON D.C. USA BOULEVARD KUKULCÁN USA AT OLD TOWN ALEXANDRIA KILÓMETRO 5 ZONA HOTELERA 1757 KING ST. GEO GROUP AT IMPERIALAKES CANCÚN, QROO +FAIRFIELD GLADE ALEXANDRIA, VA MEADOW OAKS CONDOMINIUMS MEXICO PEAVINE ROAD USA MULBERRY, FLORIDA P.O. BOX 1500 USA INVERNESS AT SOUTH PADRE FAIRFIELD GLADE, TN +FAIRFIELD WESTWINDS 5600 GULF BOULEVARD USA AT MYRTLE BEACH GRAND DESTINATION VACATION P.O. BOX 2307 3405 S. OCEAN BLVD. CLUB SOUTH PADRE ISLAND, TX +FAIRFIELD GRAND DESERT NORTH MYRTLE BEACH, SC AT THE OASIS RESORT USA 265 E. HARMON DRIVE USA 897 MESQUITE BLVD. LAS VEGAS, NV P.O. BOX 1734 INVERNESS BY THE SEA USA +FAIRFIELD WILLIAMSBURG MESQUITE, NV 7600 SEAWALL BLVD. AT KINGSGATE USA GALVESTON, TX +FAIRFIELD HARBOUR 100 GEORGETOWN CRESCENT USA 475 BROAD CREEK ROAD WILLIAMSBURG, VA HAMPTON INN AND SUITES NEW BERN, NC USA AT DORAL JAUSIERS VACANCES USA 1600 N.W. 41ST ST. JAUSIERS MIAMI, FLORIDA FRANCE +FAIRFIELD MOUNTAINS USA 747 BUFFALO CREEK ROAD KYNETON BUSHLAND RESORT LAKE LURE, NC 252 EDGECOMBE ROAD USA KYNETON, VIC AUSTRALIA

+ RCIRM, Fairfield, Trendwest or Equivest resort 27 RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 28

Resorts With 51 Or More Units LANDMARK HOLIDAY BEACH MEADOW LAKE GOLF AND PAHIO AT BALI HAI VILLAS PUEBLO EVITA CLUB RESORT SKI RESORT 4970 PEPELANI LOOP AVDA. DE LAS PALMERAS 17501 FRONT BEACH ROAD 100 ST. ANDREWS DRIVE PRINCEVILLE, HAWAII C/ PALMITO S/N PANAMA CITY BEACH, FLORIDA COLUMBIA FALLS, MT USA 29630 BENALMÁDENA COSTA USA USA MÁLAGA PAHIO AT KA'EO KAI SPAIN LAS BRISAS MIRAFLORES VACATION CLUB 3970 WYLLIE ROAD PLAYA BLANCA HACIENDA MIRAFLORES P.O. BOX 3099 RAYBURN COUNTRY YAIZA CTRA. DE CÁDIZ KM 199 PRINCEVILLE, HAWAII TIMESHARE POINTE CLUBHOUSE CANARY ISLANDS, SPAIN 29650 MIJAS-COSTA USA 39 CIRCLE DRIVE MÁLAGA P.O. BOX 5218 LAWAI BEACH RESORT SPAIN PAHIO AT KAUAI BEACH VILLAS SAM RAYBURN, TX 5017 LAWAI ROAD 4330 KAUAI BEACH DRIVE USA POIPU BEACH MIRAMAR HOTEL & RESORT LIHUE, HAWAII KOLOA, HAWAII ESTRADA MONUMENTAL USA RCT CLUB VACACIONAL USA FUNCHAL, MADEIRA RUTA PROVINCIAL NUMERO 11 PORTUGAL PALACE RESIDENCE 2 KILOMETRO 25.500 PARAJE SIEMPRE LAWRENCE WELK'S DESERT OASIS VIA MONTEROTTA 18 VERDE 34567 CATHEDRAL CANYON DRIVE MONESS COUNTRY CLUB SESTRIERE, (TO) CHAPADMALAL-MAR DEL PLATA, CATHEDRAL CITY, CA MONESS HOUSE ESTATE ITALY BSAS USA ABERFELDY ARGENTINA PERTHSHIRE PARK LANE CLUB LEHIGH RESORT CLUB SCOTLAND AVENIDA ERNESTO SARTIDO RESIDENCES AT THE CRANE 231 JOEL BLVD. URBANIZACIÓN TORVISCAS BAJO CRANE LEHIGH ACRES, FLORIDA MONTECHORO BEACH CLUB ADEJE ST. PHILIP USA RUA RAMALHO ORTIGAO CANARY ISLANDS, SPAIN BARBADOS APARTADO 761 LES CRETES-EUROLOISIRS PRAIA DA OURA +PARK PLAZA ROYAL ALPAGE CLUB LES CRETES ALBUFEIRA 2060 SIDEWINDER DRIVE CHAMPOUSSIN VILLAGE TORGON PORTUGAL P.O. BOX 706 VAL D'ILLIEZ SWITZERLAND PARK CITY, UT SWITZERLAND OAKMONT RESORT USA LOS CLAVELES 2735 MIDDLECREEK ROAD ROYAL CLUB INTERNATIONAL ASOMADA DE LOS CERES PIGEON FORGE, TN PEARLY GREY OCEAN CLUB AT THE BANFF GATE LOS CRISTIANOS USA PERLA GRIS MOUNTAIN LODGE AND SPA ARONA URBANIZACIÓN CALLAO SALVAJE 1200 HARVEY HEIGHTS ROAD CANARY ISLANDS, SPAIN OCEAN EAST RESORT CLUB ADEJE HARVEY HEIGHTS, AB 867 S. ATLANTIC AVE. CANARY ISLANDS, SPAIN CANADA MADEIRA BEACH CLUB ORMOND BEACH, FLORIDA CARLTON MADEIRA HOTEL USA PERGOLA HOLIDAY & LEISURE CLUB ROYAL ORCHID LARGO ANTONIO NOBRE ADENAU STREET CANICO DE BAIXO FUNCHAL, MADEIRA OCEAN KEY RESORT MELLIEHA CANICO, MADEIRA PORTUGAL 424 ATLANTIC AVE. MALTA PORTUGAL VIRGINIA BEACH, VA MADEIRA REGENCY CLUB USA PIER 7 CONDOMINIUMS ROYAL ROCHEBRUNE RUA CARVALHO ARAUJO 711 MAIN ST. ROUTE DU SPORTING DE FUNCHAL, MADEIRA OCEAN PALMS RESORT SOUTH YARMOUTH, MA ROCHEBRUNE PORTUGAL AT PO RT ROYAL USA MEGEVE PORT ROYAL PLANTATION FRANCE MALIBU VILLAGE 2 GRASSLAWN AVE. PLAYA LINDA BEACH RESORT 141 AVENUE DES HAUTS DE CANET HILTON HEAD ISLAND, SC J.E. IRAUSQUIN BLVD. 87 ROYALE BEACH & TENNIS CLUB CANET EN ROUSILLON USA ORANJESTAD 400 PADRE BOULEVARD FRANCE NETHERLANDS ANTILLES P.O. BOX 2809 OCEAN SANDS SOUTH PADRE ISLAND, TX + MARCUS VACATION CLUB 2207 ATLANTIC AVE. PLAYA PALACE USA AT GRAND GENEVA VIRGINIA BEACH, VA AVENIDA 4 Y COSTANERA HIGHWAY 50 EAST AND HIGHWAY 12 USA COSTA DEL ESTE, BSAS SAN CLEMENTE INN P.O. BOX 130 ARGENTINA 2600 AVENUE DEL PRESIDENTE LAKE GENEVA, WI +ORLANDO INTERNATIONAL SAN CLEMENTE, CA USA RESORT CLUB PORT O'CALL USA 5353 DEL VERDE WAY SHIPYARD PLANTATION MARINA PALACE ORLANDO, FLORIDA P.O. BOX 5686 SANDYPORT BEACHES RESORT CALLE ES CALÓ USA HILTON HEAD ISLAND, SC WEST BAY C. DE BOU-PORT DES TORRENT USA P.O. BOX CB-13500 07830 SAN JOSÉ OYSTER POINTE NASSAU IBIZA 1570 U.S. HIGHWAY 1 PORT PACIFIC RESORT BAHAMAS SPAIN SEBASTIAN, FLORIDA 6-14 CLARENCE STREET USA PORT MACQUARIE, NSW +SANTA BARBARA RESORT & MARINER SHORES RESORT AUSTRALIA YACHT CLUB 260 THE ESPLANADE PACIFIC SHORES NATURE RESORT 1301 S. OCEAN BLVD. MIAMI, QLD NO. 1-1600 STROUGLER ROAD POMPANO BEACH, FLORIDA AUSTRALIA NANOOSE BAY, BC USA CANADA

28 + RCIRM, Fairfield, Trendwest or Equivest resort RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 29

Resorts With 51 Or More Units + SEA GARDENS BEACH AND TENNIS SHELL VACATIONS CLUB THE ALEXANDRA RESORT AND SPA + THE PLAZA RESORT AND SPA RESORT AT THE LEGACY GOLF RESORT GRACE BAY 2601 GOLF CLUB DRIVE 615 N. OCEAN BLVD. 6808 S. 32ND ST. PROVIDENCIALES PALM SPRINGS, CA POMPANO BEACH, FLORIDA PHOENIX, AZ TURKS AND CAICOS ISLA USA USA USA THE ATRIUM RESORT THE PONO KAI SEA MIST RESORT SHERATON'S VISTANA RESORT ON SIMPSON BAY BEACH 1250 KUHIO HIGHWAY 141 GREAT NECK ROAD S. 8800 VISTANA CENTRE DRIVE P.O. BOX 1115 SIMPSON BAY KAPAA, HAWAII MASHPEE, MA P.O. BOX 22051 SINT MAARTEN USA USA ORLANDO, FLORIDA NETHERLANDS ANTILLES USA + THE ST. GEORGE'S CLUB SEDONA PINES RESORT THE CUMBERLAND LORNE ROSE HILL A WOODHAVEN RESORT SILVER LAKE RESORT 144 MOUNTJOY PARADE P.O. BOX GE 92 COMMUNITY 7751 BLACK LAKE ROAD LORNE, VIC ST. GEORGE 6701 W. HIGHWAY 89A KISSIMMEE, FLORIDA AUSTRALIA BERMUDA SEDONA, AZ USA USA + THE FAIRWAYS OF PALM AIRE TIERRA VERDE YACHT & TENNIS SILVER SANDS RESORT 2601 PALM AIRE DRIVE N. RESORT SES FONTANELLAS PLAZA ADONIS ROAD AND MANDURAH POMPANO BEACH, FLORIDA 200 MADONNA BLVD. URBANIZACIÓN SES FONTANELLAS TERRACE USA TIERRA VERDE, FLORIDA CARRETERA PORT DES TORRENT MANDURAH, WA USA 07820 SAN ANTONIO ABAD AUSTRALIA THE HARBOR CLUB IBIZA AT PALM COAST TORRENT BAY CLUB SPAIN SOLANAS FOREST RESORT 201 CLUBHOUSE DRIVE URBANIZACIÓN SES BLEDAS RUTA INTERBALNEARIA PALM COAST, FLORIDA CALLE VALENCIA 4 SHELL VACATIONS CLUB KILOMETRO 118.5 USA 07820 SAN ANTONIO ABAD AT HOLUA RESORT PUNTA DEL ESTE, MALD IBIZA AT MAUNA LOA VILLAGE URUGUAY THE HARBOUR CLUB SPAIN 78-7190 KALEIOPAPA ST. AVENIDA JOSE GONZALEZ FORTE 26 KAILUA-KONA, HAWAII SOLANAS ROYALMAR LOS GIGANTES TREE TOPS RESORT USA RUTA INTERBALNEARIA CANARY ISLANDS, SPAIN 290 SHERMAN CLABO ROAD KILOMETRO 118.5 GATLINBURG, TN SHELL VACATIONS CLUB PUNTA DEL ESTE, MALD THE HOLIDAY CLUB USA AT KAUAI COAST RESORT URUGUAY AT CLUB SEVILLA AT THE BEACHBOY 4646 W. IRLO BRONSON MEMORIAL UNIVERSAL RESORT KISSIMMEE 520 ALESKA LOOP SOUTH BEACH RESORT HIGHWAY 1004 UNIVERSAL RESORTS KAPAA, HAWAII 2906 SOUTH OCEAN BLVD. KISSIMMEE, FLORIDA KISSIMMEE, FLORIDA USA MYRTLE BEACH, SC USA USA USA SHELL VACATIONS CLUB THE LINKS GOLF & RACQUET CLUB VACATION VILLAGE AT PARKWAY AT PANIOLO GREENS SUMMER BAY RESORT 417 THOMAS AVE. 3013 PARKWAY BLVD. 68-1745 WAIKOLOA ROAD 17805 U.S. HIGHWAY 192 NINTH AVENUE SOUTH KISSIMMEE, FLORIDA P.O. BOX 384382 KISSIMMEE, FLORIDA NORTH MYRTLE BEACH, SC USA WAIKOLOA, HAWAII USA USA USA VACATION VILLAGE AT WESTON SUNNY COAST RESORT CLUB THE MADEIRA REGENCY PALACE 16461 RACQUET CLUB ROAD SHELL VACATIONS CLUB QAWRA BAY ESTRADA MONUMENTAL WESTON, FLORIDA AT PEACOCK SUITES RESORT QAWRA FUNCHAL, MADEIRA USA 1745 S. ANAHEIM BLVD. MALTA PORTUGAL ANAHEIM, CA VIGILIA PARK USA SUNSET BEACH CLUB THE PALMS GOLF AND COUNTRY CARRETERA PUERTO SANTIAGO 58 AVDA DEL SOL, 5 CLUB PUERTO DE SANTIAGO SHELL VACATIONS CLUB 29630 BENALMÁDENA-COSTA PARCELA B1 CANARY ISLANDS, SPAIN AT THE DONATELLO MÁLAGA GOLF DEL SUR 501 POST ST. SPAIN SAN MIGUEL DE ABONA VILLAGE OF LOON MOUNTAIN SAN FRANCISCO, CA CANARY ISLANDS, SPAIN LODGES USA TAHOE BEACH & SKI CLUB ROUTE 112 3601 LAKE TAHOE BLVD. THE PARADISE CLUB BOX 639 SHELL VACATIONS CLUB (HIGHWAY 50) CALLE GALICIA NO. 6 LINCOLN, NH AT THE KONA COAST RESORT SOUTH LAKE TAHOE, CA TORVISCAS ALTO USA 78-6842 ALII DRIVE USA ADEJE KAILUA-KONA, HAWAII CANARY ISLANDS, SPAIN + VISTA MIRAGE RESORT USA TAHOE SEASONS RESORT 400 S. HERMOSA DRIVE 3901 SADDLE ROAD THE PARADISE MONTEREY CLUB PALM SPRINGS, CA SHELL VACATIONS CLUB BOX 16300 CALLE FINLANDIA USA AT THE KONA COAST RESORT II SOUTH LAKE TAHOE, CA SAN EUGENIO ALTO 78-6842 ALII DRIVE USA ADEJE VISTANA'S BEACH CLUB KAILUA-KONA, HAWAII CANARY ISLANDS, SPAIN 10740 S. OCEAN AVE. USA TANGLWOOD RESORT JENSEN BEACH, FLORIDA ROUTES 6 AND 507 + THE PARK REGENCY USA P.O. BOX L 1710 PROSPECTOR AVE. HAWLEY, PA PARK CITY, UT USA USA

+ RCIRM, Fairfield, Trendwest or Equivest resort 29 RCI Points Units 2003.qxp 6/23/03 10:43 PM Page 30

Resorts With 51 Or More Units VOYAGER ELIZABETH AVENUE AND OLD BURLEIGH ROAD BROADBEACH, QLD AUSTRALIA

WALDORF APARTMENTS SYDNEY-SOUTH CORNER DALE AND CLEVELAND STREETS CHIPPENDALE SYDNEY, NSW AUSTRALIA

WALDORF APARTMENTS- MOUNTS BAY WATERS 112 MOUNTS BAY ROAD PERTH, WA AUSTRALIA

WALTON HALL WALTON WELLESBOURNE WARWICKSHIRE ENGLAND

WAPATO POINT 1 WAPATO WAY P.O. BOX 426 MANSON, WA USA

WESTGATE VACATION VILLAS 2770 OLD LAKE WILSON ROAD STATE ROAD 545 S. KISSIMMEE, FLORIDA USA

WINDTOWER MOUNTAIN LODGE 160 KANANASKIS WAY CANMORE, AB CANADA

WINNERS CIRCLE BEACH & TENNIS RESORT 550 VIA DE LA VALLE SOLANA BEACH, CA USA

30 + RCIRM, Fairfield, Trendwest or Equivest resort Resorts by Numbers of Members DESERT VACATION VILLAS MIRAFLORES VACATION CLUB SUN CLUB/CONTINENTAL PLAZA Resorts With Members DIVI BEACH VILLAS MONTECHORO CLUBE 99 CANCUN AT SOUTHWINDS, LTD. MOUNT HUTT LODGE SUN CLUB/CONTINENTAL PLAZA Numbering 1 - 100 DIVI CARINA BAY RESORT MOUNTAIN VIEW AT CROWN IXTAPA DIVI HERITAGE RESORT RIDGE RESORT SUN CLUB/CONTINENTAL PLAZA ACADIA SMOKY MOUNTAIN DON PANCHO BEACH RESORT MTO AT MIJAS GOLF PLAYACAR RESORT EAGLE'S LANDING AT RUNNING Y NENASTAKO VILLAGE AT MEADOW SUN CLUB/PLAZA LAS GLORIAS ALFAZ PARADISE CLUB RANCH LAKE RESORT CABO SAN LUCAS ALTAMIRA CLUB EDGEWATER CLUB NOB HILL INN SUN CLUB/PLAZA LAS GLORIAS ALVOR ATLANTIC HOTEL EL LAGO RESORT NORTH STAR VACATION CLUB COZUMEL ALVOR BEACH CLUB EL MARQUES PALACE OCEAN COVE CLUB AT PALMETTO SUNBURST CONDOMINIUMS APARTHOTEL HEVIZ ELKHORN RESORT DUNES SUTTON HALL TIMESHARE CLUB APOLLO THERMAL APARTMENTS ESTURION DE MONTOYA I.R. OCEAN EAST RESORT CLUB SWALLOWTAIL AT SEA PINES ARROWHEAD CONDOMINIUMS FAIRWAY LODGE OCEAN FOREST COLONY RESORT ATLANTIC BEACH CLUB FAIRWAYS OF THE MOUNTAINS OCEAN PALMS RESORT AT PORT TAUPO IKA NUI ATLANTIC TERRACE AT LAKE LURE ROYAL THE "Q" OLD BURLEIGH ROAD ATRIUM RESORT FERIENCLUB BREITENBERGERHOF OCEANTIME THE ALEXANDRA RESORT AND SPA AZURE SKY RESORT FERIENCLUB SCHLOESSLHOF OKAWA BAY LAKE RESORT THE BEACH CLUB AT MONTEGO BAREFOOT CONDOMINIUMS FLORIDA VACATION VILLAS CLUB I OLYMPIA VACATION OWNERS INN BAY CLUB OF SANDESTIN FOUR SEASONS-PACIFICA ORETI VILLAGE THE BISHOP SELWYN BEACH CLUB I FOXRUN TOWNHOUSES OYSTER BAY THE CAROLINA CLUB BEACH HOUSE GOLF & RACQUET FRENCH RIDGE CONDOMINIUMS OYSTER POINTE THE CLOVER CLUB CLUB GOLDEN SHORES HOLIDAY CLUB +PACIFIC FANTASY THE CLUB OF CAPE COD BOARDWALK ONE GOLDENWOODS CONDOMINIUMS PACIFIC GROVE PLAZA THE CUMBERLAND LORNE BREAKPOINT HOLIDAY COMPLEX AT POWDERHORN RESORT PACIFIC VIEW RESORT THE HARBOR CLUB AT PALM COAST BRIARWOOD GOLF APARTMENTS RICHMOND PACIFICA MASTER SANDS + THE HEIDELBERG INN BROADWATER BUNGALOWS PARK PALACE RESIDENCE 2 + THE INN AT SILVER LAKES BROADWATER PAGODA HOTEL GOLF PARK PALACE RESIDENCE I THE LAKESIDE VILLAS BROCKWOOD HALL GREEN HOUSE PALAZZO DEL GIGLIO-RESIDENZA THE LODGE AT LAKE TAHOE BUSBY MANOR GULF STREAM BEACH RESORT ALBERGHIERA THE LOFTS APARTMENTS BUSSELTON BEACH RESORT HARBOURSIDE III PALM COURT THE LUXURY CLUB, AHMEDABAD CABO VILLAS HARTLAND FOREST GOLF & PARK LANE CLUB THE LUXURY CLUB, MUMBAI CAMARON COVE LEISURE PARC PEREGRINE TOWNHOMES THE OCEAN CLUB VILLAS CANADA HOUSE BEACH CLUB HAVEN COURT AT SAN LUIS PASS THE OCEAN CLUB WATERVIEW CANALTIME AT BRADFORD UPON HIPPOCAMPUS VILLAS RESORT PETERSON'S WATERFRONT RESORT APARTMENTS AVON MARINA HMI AT CALYPSO PLAYA LINDA BEACH RESORT THE PENTHOUSES AT GULF CANALTIME AT NOTTINGHAM HOLIDAY BEACH RESORT-DESTIN PORT ELSEWHERE STREAM CASTLE MARINA HOLIDAY BEACH RESORT- QUEENSTOWN MEWS THE PINES RESORT CANALTIME AT SAWLEY MARINA SOUNDSIDE RAMS HORN VILLAGE RESORT THE QUARTERS CANALTIME HOUSEBOATS HOLLYWOOD BEACH TOWER RCT CLUB VACACIONAL THE QUAYSIDERS CLUB AT NOTTINGHAM HOTEL PLAZA PELICANOS GRAND RESIDENCE VERDE MARE THE RIDGE RESORT CAPE WINDS RESORT BEACH RESORT SECCION I RESIDENTIE VAN GOGH THE SEASONS CARIBBEAN BEACH CLUB HOTEL PLAZA PELÍCANOS GRAND RIVER RESORT THE VILLAGE AT PALMETTO DUNES CATEDRAL SKI VILLAGE BEACH SECCIÓN II RIVER RUN CONDOMINIUMS THE VILLAS OF PALM SPRINGS CEDAR LAKE COUNTRY RESORT IL POGGIO ROCA PARK THUNDER MOUNTAIN AND EQUESTRIAN CENTRE ISCHIA UNO RESIDENCE ROYAL ALPAGE CLUB CONDOMINIUM CHAMPIONS' RUN ISLAND PALMS ROYAL HOLIDAY BEACH RESORT TIERRA VERDE YACHT & TENNIS CONDOMINIUMS JADON PLACE ROYAL ISLANDER CLUB LA PLAGE RESORT CLASSIC NARROWBOATS KAIMANAWA LODGE ROYAL ISLANDER CLUB TRADE WINDS CRUISE CLUB- AT BARTON TURNS KEYWORLD LA TERRASSE ANTIGUA CLOVER RIDGE KYNETON BUSHLAND RESORT ROYAL ORCHID TRADE WINDS CRUISE CLUB- CLUB ALGAIDA LA RINCONADA TEQUISQUIAPAN ROYALE BEACH & TENNIS CLUB BRITISH VIRGIN ISLANDS CLUB CARILO PLAYA + LAGUNA SURF SANDCASTLE COVE TRADE WINDS CRUISE CLUB- CLUB EL BERIL LAKE EDGE RESORT (NZ) SANDCASTLE VILLAGE II GRENADINES CLUB EL MARQUES LAKE EDGE RESORT (VIC) SANDS OF INDIAN WELLS TRADE WINDS CRUISE CLUB- CLUB EXCELSIOR 2 LANDMARK HOLIDAY BEACH RESORT SEA MIST RESORT ST. MARTIN CLUB LA RIVIERA LAS CASITAS SEA PINES PLANTATION TRENYTHON MANOR AND CLUB LAVAUD LAS OLAS BEACH CLUB SIESTA FERIENCLUB SCHARNITZ COUNTRY CLUB CLUB OCEAN VILLAS II LAS OLAS BEACH CLUB OF COCOA SMOKETREE LODGE TROPIC LEISURE CLUB AT MAGENS CLUB ORLANDO VACATION RESORT BEACH SMUGGLER'S COVE RESORT POINT RESORT CLUB PLAYA FLORES LAS ROSAS SOLANAS COUNTRY CLUB UMBRELLA BEACH RESORT CLUB PLAYA VISTA AT TORRE LE MIRAGE VILLAGE CLUB SOLANAS FOREST RESORT UNIVERSAL RESORT KISSIMMEE OCEANO LES NATURELLES SOLANAS MAR DEL PLATA VACATION VILLAGE CLUB PRIMAVERA LIGHTHOUSE POINT VILLAS SOLANAS ROYALMAR VACATION VILLAGE CLUB PUERTO CALMA MAGENS BAY VILLAS CLUB SOLANAS TERMAS DEL DAYMAN AT BONAVENTURE CLUB SOL DEL ESTE AT MAGENS SOUTHWIND II VACATION VILLAGE AT RUNNING CLUB TISAYA GOLF MALIBU PREMIER SPICEBUSH AT SEA PINES RESORT MON MARINA AND RESORT CLUB VIVA DOMINICUS MALIBU VILLAGE SPINNAKER AT SHIPYARD VILLAGE OF LOON MOUNTAIN CLUB VIVA DOMINICUS PALACE MANDALAY SHORES RESORT STRATFORD COURT CONDOS CLUB VIVA MAYA MANOR COURT CLUB STRATFORD COURT VILLAGE RESORT CORAL REEF BEACH RESORT MARITIME BEACH CLUB NARROWBOATS AT EVESHAM VILLAGGIO L'OLIVARA CORAL REEF CLUB AT SUNCREST MAUNA LOA VILLAGE BY THE SEA STRATFORD COURT VISTA NATALIA II HOTEL MIRADOR DE LOS COLLAGUAS NARROWBOATS CHIRK VOYAGER

+ RCIRM, Fairfield, Trendwest or Equivest resort 31 Resorts by Number of Members WALDORF APARTMENTS PIER 7 CONDOMINIUMS FERIENCLUB LUFTKURORT SOUTH BEACH RESORT CANBERRA PORT O'CALL MITTERFELS SUNSET BEACH CLUB WALDORF APARTMENTS SYDNEY- PORT PACIFIC RESORT FOX HILLS RESORT THE PARADISE CLUB SOUTH PORTES DU SOLEIL GASLAMP PLAZA SUITES THE PARADISE MONTEREY CLUB WATERWOOD TOWNHOUSES PRIVILEGE GEO THE PONO KAI WHISPERING WOODS RAYBURN COUNTRY GRAIG PARK VILLAGE AND VACATION VILLAS AT THE SUMMIT WIMPEN SUEÑO AZUL RESIDENCES AT THE CRANE COUNTRY CLUB VILLAS SOL PLAYA HERMOSA WINDY SHORES II RIVERVIEW RESORT GRAND DESTINATION VACATION + VISTA MIRAGE RESORT WOODS MANOR CONDOMINIUMS CONDOMINIUM CLUB WALTON HALL ROYAL CLUB INTERNATIONAL HOLIDAY CLUB HEVIZ AT CHATEAU CANMORE RESORT MADEIRA BEACH CLUB Resorts With Members ROYAL FLORIDIAN RESORT MADEIRA REGENCY CLUB Resorts With Members ROYAL GARDENS AT SUNSET MARINA PALACE Numbering 101 - 249 BEACH CLUB MARINER SHORES RESORT Numbering More Than 1000 ROYAL ROCHEBRUNE ROYAL CLUB INTERNATIONAL ABBAZIA COUNTRY CLUB SANDY POINT BEACH RESORT AT THE BANFF GATE ATTITASH MOUNTAIN VILLAGE ALPINE CREST/RESORT CLUB OF SILVER BEACH CLUB RESORT MOUNTAIN LODGE AND SPA BARRIER ISLAND STATION-KITTY HELEN CONDO SAN CLEMENTE INN HAWK APARTAMENTOS TROPICAL PARK SILVER SANDS RESORT SANDYPORT BEACHES RESORT CELEBRATION WORLD RESORT BANYAN HARBOR STARPOINTE AT PACIFIC SHORES SES FONTANELLAS PLAZA CELEBRATION WORLD RESORT II BARRIER ISLAND'S OCEAN PINES NATURE RESORT THE ATRIUM RESORT ON SIMPSON CORAL REEF RESORT BEACH STARPOINTE AT TAUCA LEA BY BAY BEACH FRENCH QUARTER BEACHCOMBER INTERNATIONAL THE SEA THE CARAVANSERAI BEACH RESORT INFINITI RESORT SUN PACIFIC VILLAS THE LANDING AT SEVEN COVES KINGSTOWN REEF AT THE BELAIR BEACH HOTEL SUNNY COAST RESORT CLUB THE MADEIRA REGENCY PALACE CROWNE PLAZA RESORT BLUE BAY CLUB SURFERS ROYALE THE MAKAI CLUB COTTAGES + MARCUS VACATION CLUB BLUE BAY GETAWAY SWAN MOUNTAIN RESORT + THE PLAZA RESORT AND SPA AT GRAND GENEVA BOAMBEE BAY RESORT TAHOE SEASONS RESORT THE SUITES AT EASTERN SLOPE INN MEADOW LAKE GOLF AND SKI BRANTRIDGE PARK TANGLWOOD RESORT TREE TOPS RESORT RESORT BREWSTER GREEN THE BURNSIDE PARK OWNERS CLUB VACATION VILLAGE AT WESTON PACIFIC SHORES NATURE RESORT CANALTIME AT ALVECOTE THE CLIFF CLUB AT SNOWBIRD WAPATO POINT PAHIO AT BALI HAI VILLAS MARINA VILLAGE THE HARBOUR CLUB WINNERS CIRCLE BEACH & TENNIS PAHIO AT KAUAI BEACH VILLAS CANALTIME AT PEARTREE BRIDGE THE LINKS GOLF & RACQUET CLUB RESORT RAINTREE VACATION CLUB CANALTIME AT UNION WHARF THE MAKAI CLUB AT PRINCEVILLE XANADU BEACH RESORT AND SEDONA PINES RESORT CAPISTRANO SURFSIDE INN THE PALMS GOLF AND COUNTRY MARINA SELECT VACATION CLUB CARLTON TOWER SUITES CLUB SHERATON'S VISTANA RESORT CHAYOFA COUNTRY CLUB + THE PARK REGENCY SILVER LAKE RESORT CLUB BENA VISTA + THE SHORES AT LAKE TRAVIS Resorts With Members SUMMER BAY RESORT CLUB DELTA MAR + THE ST. GEORGE'S CLUB THE CLIFFS AT PEACE CANYON CLUB MARINA TIKI VILLAGE INTERNATIONAL Numbering 500 - 999 VACATION VILLAGE AT PARKWAY CLUB NOOSA TORRENT BAY CLUB VILLAS AT SUMMER BAY CLUB OLYMPUS AT GARDEN CITY VACATION CONDOS AT TAPATIO BARRIER ISLAND STATION-DUCK +WORLDMARK CLUB PAIHIA CLIFFS CARLSBAD SEAPOINTE RESORT CLUB SALINA WHARF VIGILIA PARK CARLTON PALMS CLUB TENERIFE VILLAGE OF LOON MOUNTAIN CAUSEWAY ON GULL CONDOVAC LA COSTA LODGES CLOWANCE ESTATE AND COUNTRY CORONADO HOTEL AND RESORT VISTANA'S BEACH CLUB CLUB COSTA AZUL BEACH RESORT WESTGATE VACATION VILLAS CLUB CASABLANCA EASTERN SLOPE INN WHISPERING WOODS II CLUB DOBOGOMAJOR EL MARQUES WINDJAMMER LANDING VILLA CLUB MARBELLA ELITE FUERTEVENTURA CLUB BEACH RESORT & SPA CORAL SANDS RESORT FERIENCLUB TIROLENSIS DESTINATIONS AT HOLIDAY PARK FIRST FAIRWAY AT WALDEN DIVI LITTLE BAY BEACH & HIPPOCAMPUS BEACH RESORT Resorts With Members RACQUET CLUB HOLIDAY BEACH RESORT-PHASE II ELITE APARTMENTS AT FAIRWAYS INVERNESS AT SOUTH PADRE Numbering 250 - 499 CLUB INVERNESS BY THE SEA ELITE APARTMENTS AT PUEBLO LAKEVIEW COUNTRY CLUB BAREFOOT'N IN THE KEYS AT OLD EVITA LAS BRISAS TOWN FAIRWAYS CLUB LAWAI BEACH RESORT BEACH HOUSE SEASIDE RESORT FERIENCLUB BELLEVUE LES CRETES-EUROLOISIRS CALABOGIE LODGE RESORT FERIENCLUB GRUNDLSEE LIFESTYLE CLUB AT KOORALBYN CARLTON VILLAGE FERIENCLUB OBERSTAUFEN LOS CLAVELES CEDARBROOK +HAVASU DUNES RESORT MANSFIELD COUNTRY RESORT CLUB ABBAZIA LAWRENCE WELK'S DESERT OASIS MONTE CARVOEIRO CLUBE CLUB CALAHONDA MIRAMAR HOTEL & RESORT MONTECHORO BEACH CLUB CLUB CARONTE MONESS COUNTRY CLUB OAKMONT RESORT CLUB CASA DORADA BEACH & OCEAN SANDS OCEAN KEY RESORT GOLF RESORT PAHIO AT KA'EO KAI PACIFIC PALMS CLUB SEVILLA PAHIO AT THE SHEARWATER PARADISE CANYON GOLF RESORT CLUB VACANCES MAGOG PEARLY GREY OCEAN CLUB +PARK PLAZA CLUB VACANCES TOUTES SAISONS PUEBLO EVITA CLUB PASSAGE HOUSE CLUB HOTEL EAGLE VILLAGE AT TAMIMENT SILVER LAKE RESORT - SILVER PERGOLA HOLIDAY & LEISURE CLUB RESORT POINTS

32 + RCIRM, Fairfield, Trendwest or Equivest resort

Resort Condominiums International, LLC Combined Statements of Key Operating Statistics for the RCI Points Exchange Program as of and for the Years Ended December 31, 2002 and 2001 and Independent Accountants’ Report

33 INDEPENDENT ACCOUNTANTS’ REPORT

Resort Condominiums International, LLC:

We have examined the accompanying combined statements of key operating statistics for the RCI Points Exchange Program of Resort Condominiums International, LLC, its affiliated companies and its licensees (collectively the “Company”) as of and for the years ended December 31, 2002 and 2001. These statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these statements based on our examinations.

Our examinations were conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining on a test basis, evidence supporting the statements and performing such other procedures as we considered necessary in the circumstances. We believe that our examinations provide a reasonable basis for our opinion.

In our opinion, such statements present the key operating statistics for the RCI Points Exchange Program of the Company as of and for the years ended December 31, 2002 and 2001, in all material respects, in accordance with the Time Sharing Acts of Florida, Arkansas, Georgia, Illinois, Indiana, Maryland, Massachusetts, Missouri, Nevada, New Mexico, North Carolina, Puerto Rico, Rhode Island, Virginia, West Virginia and Wisconsin as described in Note 1 to the statements.

DELOITTE & TOUCHE LLP Indianapolis, Indiana

May 11, 2003

34

RESORT CONDOMINIUMS INTERNATIONAL, LLC

COMBINED STATEMENTS OF KEY OPERATING STATISTICS FOR THE RCI POINTS EXCHANGE PROGRAM (NOTE 1) AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2002 AND 2001

2002 2001

Number of timeshare properties, accommodations or other facilities eligible to participate in the exchange program: Resorts with current affiliation agreements 525 383 Resorts available for exchange although the contractual relationship between the resort and the Company has terminated - - Total eligible properties 5 25 383

Number of fully paid members as of year end (Note 3) 24 5,757 114 ,529

Number of exchanges for which the Company has an obligation as of year end to provide in a subsequent period to a member who has points that can be used in a subsequent year (Note 5) 1 70,694 7 8,968

Number of exchanges confirmed during the year 242 ,830 6 7,643

Exchange requests fulfilled as a percentage of properly submitted exchange requests, including exchange alternatives that were offered by the Company and subsequently accepted by members (Note 4) (Note A) 97.1 % 95.0 %

Number of exchanges confirmed during the year as a percentage of average fully paid members (Note 6) 134.8 % 113.3 %

(Note A) THE PERCENTAGE OF CONFIRMED EXCHANGES IS A SUMMARY OF THE EXCHANGE REQUESTS ENTERED WITH THE EXCHANGE COMPANY IN THE PERIOD REPORTED. THE PERCENTAGE OF CONFIRMED EXCHANGES DOES NOT INDICATE A PURCHASER’S PROBABILITY OF BEING CONFIRMED TO ANY SPECIFIC CHOICE OR RANGE OR CHOICES, SINCE AVAILABILITY AT INDIVIDUAL LOCATIONS MAY VARY.

See accompanying notes to combined statements of key operating statistics.

35

RESORT CONDOMINIUMS INTERNATIONAL, LLC

NOTES TO COMBINED STATEMENTS OF KEY OPERATING STATISTICS FOR THE RCI POINTS EXCHANGE PROGRAM AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2002 AND 2001

1. BASIS OF PRESENTATION

The accompanying combined statements of key operating statistics for the RCI Points Exchange Program include the exchange statistics of Resort Condominiums International, LLC, a wholly-owned subsidiary of Cendant Corporation, its affiliated companies and licensees (the “Company”) as of and for the years ended December 31, 2002 and 2001.

The statistics reflected in the combined statements of key operating statistics have been computed and are being disclosed in accordance with the following Time Sharing Acts:

Florida, Section 721.18 (1) (q) and (r) Arkansas, Section 18-14-404 (b) (17) and (18) Georgia, Section 44-3-172 (2) (Q) and (R) Illinois, Chapter 765, 101/5-30 (b) (17) Indiana, Section 32-32-3-12 Maryland, Section 11A-120 (a) (16) and (17) Massachusetts, Chapter 183B, Section 53(a) (17) and (18) Missouri, Section 407.625 (1) (17) and (18) Nevada, Section 119A.590 (1)(o) New Mexico, Section 47-11-8 (A) (17) and (18) North Carolina, Section 93 A-48 (a) (17) and (18) Puerto Rico, 31L.P.R.A. 1258 (17) and (18) Rhode Island, Section 34-41-4.03 (b) (15) and (16) Virginia, Section 55-374.2 (A) (17) and (18) West Virginia, Section 36-9-17 (a) (17) and (18) Wisconsin, Section 707.42 (2) (o)

2. DESCRIPTION OF COMPANY

The Company operates an exchange program for owners of timeshare units and whole units at various resorts affiliated with the Company. At December 31, 2002, the Company had 3,725 resorts available for exchange throughout the world. The Company’s global headquarters are in Parsippany, New Jersey, USA with offices of affiliated companies in Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Denmark, Finland, France, Germany, Greece, Hungary, India, Indonesia, Ireland, Italy, Malaysia, Mexico, Portugal, Russia, Singapore, South Africa, Spain, Turkey, United Kingdom, Venezuela and Zimbabwe. In addition, to extend its exchange program to Israel and Japan, the Company maintained and still maintains a license agreement with companies in those countries. Furthermore, the Company maintains a license agreement to operate the exchange program in various middle eastern countries via a joint venture through RCI – Middle East.

3. MEMBERSHIP

Membership in the Company’s exchange program, which includes membership in the RCI Weeks exchange program, generally involves an initial enrollment fee, which includes the first year’s annual membership fee, annual dues and a transaction fee for each exchange.

36

4. MEMBER EXCHANGE REQUESTS

This statistic is intended to determine the number of exchanges performed as a percentage of properly submitted exchange requests. It is calculated by dividing the total number of points used by members to make reservations by the number of points no longer available for use by members. Points no longer available for use by members is the sum of points used by members, expired points and points no longer available to members due to cancellations of reservations.

All exchanges are based on space availability; therefore, the Company does not guarantee members will receive a specific exchange choice.

5. ACCRUAL BENEFIT

The Company’s exchange program allows members to request a vacation reservation during the use year of their points. In addition, points can be borrowed from or saved into adjacent years. At December 31, 2002, members had accumulated 5,629,805,785 points and 38,774 intervals for which they have the right to a reservation opportunity in 2003. This represents a total of 170,694 exchanges based on an average number of points per reservation of 42,676.

6. EXCHANGES

This percentage may exceed 100%, since the Company’s exchange system allows for members to make as many reservations as their points will allow, including as little as a single night reservation. The number of exchanges used to calculate this percentage excludes RCI Points members who use their points to access an RCI Weeks exchange.

******

37 38 Part B

Disclosure Guide to RCI Weeks

39 40 DISCLOSURE GUIDE (o) Maximum Occupancy — The maximum number of TO persons that a resort unit may accommodate. RCI WEEKS (p) Member — RCI Weeks Member. (q) Private Occupancy — The number of persons that a 1. DEFINITIONS resort unit may accommodate, based on two adults per private sleeping area with private access to a (a) Affiliated Resort — A resort, resort group, vacation bathroom. club, vacation plan or other legal entity with which RCI (r) RCI — Resort Condominiums International, LLC, a has a contractual agreement to offer the RCI Weeks Delaware limited liability company, which is the owner Exchange Program. and operator of the RCI Weeks Exchange Program. (b) Auto-Deposit Program — A program which allows (s) RCI Weeks Exchange Program — RCI’s interval-based members to automatically deposit their Vacation Time program of facilitating exchanges of Vacation Time. with RCI. (t) RCI Weeks Member — A person who, or entity that, (c) Cancellation Fee — Fee charged to RCI Weeks owns or purchases Vacation Time and is enrolled as a Members who cancel confirmed exchanges pursuant subscribing member of RCI. This term includes a to the “Canceling a Confirmation” section of this Vacation Owner whose participation in the RCI Weeks Disclosure Guide. Exchange Program is arranged through corporate (d) Comment Cards — The written evaluation by an RCI participation in RCI. Weeks Member of a Host Resort. (u) RCI SPACEBANK — The inventory of Vacation Time (e) Comment Card Scores — The composite evaluation from which RCI Weeks Exchange Requests and other of an RCI-Affiliated Resort derived from member demand needs are confirmed. comments. (v) Resort Affiliation Agreement — The written contract (f) Confirmation — The written notice informing an governing the relationship between RCI and an RCI Weeks Member of a confirmation and that Affiliated Resort. accommodations have been reserved for use by the (w) Seasonal Designations — The seasonal periods into RCI Weeks Member. which deposited Vacation Time is divided, based upon (g) Depositor — An RCI Weeks Member who deposits demand. Red = High Demand, White = Medium Vacation Time into the RCI SPACEBANK. Demand, Blue = Low Demand. (h) Exchange — The process by which RCI Weeks (x) Trading Power — The value of deposited Vacation Members receive comparable vacation exchanges. Time and the related Exchange Request. (i) Exchange Request — A request of resort or region (y) Travel Dates — The starting and ending dates of a choices from which RCI attempts to locate a resort vacation exchange. unit which has comparable Trading Power. (z) Vacation Owner — A person (including a corporate (j) Guest Certificate — Certificate presented to the participant) that has purchased Vacation Time. provider of accommodations when an RCI Weeks (aa) Vacation Time — Week(s), or parts thereof, purchased Member has given a Confirmation to a friend or family or deposited into the RCI SPACEBANK, whether owned member as a gift. as a real estate interest or as a right to use interest. (k) Home Resort — A resort at which an RCI Weeks Member owns Vacation Time or a resort at which an RCI Weeks Member is assigned Vacation Time to 2. SCOPE AND PURPOSE OF deposit for the purpose of exchange. DISCLOSURE GUIDE (l) Home Resort Group — A group of RCI-Affiliated This Disclosure Guide to RCI Weeks (“Disclosure Guide”) is Resorts which are under common ownership, control provided to explain the RCI Weeks Exchange Program offered or contractual arrangement with the RCI Weeks to Vacation Owners by RCI. Vacation Owners are urged to Member's Home Resort. carefully review this information to ensure full understanding (m) Host Resort — A resort to which an RCI Weeks of the terms, conditions, operation and use of the RCI Weeks Member travels on an Exchange vacation. Exchange Program. (n) Internal Exchange — That Exchange which occurs when the week owned by an RCI Weeks Member is exchanged for a week in the same Home Resort or same Home Resort Group.

41 interest in any developer, seller, managing entity or 3. THE EXCHANGE COMPANY vacation ownership plan participating in the RCI Weeks Exchange Program. RCI Resort Management, RCI is a Delaware limited liability company with its principal Inc. (“RCIRM”), a resort management company, offices located at: Fairfield Resorts, Inc. (“Fairfield”), Trendwest Resorts, Inc. (“Trendwest”), and Equivest Finance, 7 Sylvan Way Inc. (“Equivest”), timeshare companies, and their Parsippany, New Jersey 07054 respective subsidiaries and Global Registry, LLC (“Global Registry”), an exchange service company, The RCI Exchange Program is processed at this principal are subsidiaries of Cendant Corporation (“Cendant”). office location. RCI is an indirect subsidiary of Cendant Cendant is the parent corporation of RCI. Some Corporation, a Delaware corporation. officers and/or directors of Cendant may from time to Corporate Officers are: time serve as officers and/or directors of RCI, RCIRM, Stephen P. Holmes, Chairman Fairfield, Trendwest, Equivest and/or Global Registry, Kenneth N. May, President and Chief Executive Officer and vice versa. RCIRM, Fairfield, Trendwest and/or Duncan H. Cocroft, Executive Vice President and Treasurer Equivest resorts are marked with a plus symbol “+” Eric J. Bock, Executive Vice President and Secretary in the Resorts and Members lists. Certain officers and Chris Annese, Executive Vice President and directors of RCI may own, or have rights to acquire, Chief Financial Officer shares of stock in Cendant. John E. Borger, Executive Vice President, General Counsel and Assistant Secretary Because vacation exchange is used on an intermittent basis, Joel R. Buckberg, Executive Vice President and purchasers of Vacation Time should select resorts which best Assistant Secretary meet their ongoing vacation needs. Your decision to James E. Buckman, Executive Vice President and purchase Vacation Time should be based primarily Assistant Secretary upon the benefits to be gained from the ownership, Peter Giamalva, Executive Vice President use and enjoyment of your Vacation Time at the Philippe Guionnet, Executive Vice President and Affiliated Resort and not upon the anticipated benefits Chief Information Officer of the RCI Weeks Exchange Program. The Affiliated John Paul Nichols, Executive Vice President Resort at which you purchase your Vacation Time is David C. Roe, Executive Vice President solely responsible for its financial viability and the Kevin M. Sheehan, Executive Vice President quality of its accommodations, facilities, amenities, Mary Falvey, Senior Vice President management and services. Gordon Gurnik, Senior Vice President Jean V. Hoagland, Senior Vice President, Events Marketing Frank Morrisroe, Senior Vice President, 4. PARTICIPATION IN THE RCI WEEKS Global Relationship Marketing EXCHANGE PROGRAM Dave Pontius, Senior Vice President (President, RCI Global Business Group, North America) Vacation Owners enter into a contract to purchase Vacation Vincent Ventura, Senior Vice President, Tax Time with the developer or seller of the Vacation Time. The Thomas Anderson, Vice President membership agreement between the Vacation Owner and Lynn A. Feldman, Vice President and Assistant Secretary RCI is a separate and distinct contract from the Vacation Joseph Huber, Vice President, Tax Owners’ agreement with the developer or seller of a vacation Steven R. Jones, Vice President, Special Events plan. Gail Mandel, Vice President Richard S. Meisner, Vice President and Assistant Secretary A Vacation Owner is entitled to become an RCI Weeks Jeffrey W. Parker, Vice President Member and to participate in the RCI Weeks Exchange Ilese Meltzer Flamm, Assistant Secretary Program if the following four conditions are met: Mark E. Johnson, Assistant Treasurer (a) There must be a Resort Affiliation Agreement between Kevin Monaco, Assistant Treasurer RCI and the Home Resort or Home Resort Group or, John M. Peterson, Assistant Treasurer in lieu of a Resort Affiliation Agreement, the Vacation Time an individual owns is deemed appropriate, in the RCI provides the RCI Weeks Exchange Program and other sole discretion of RCI, to be deposited for use by sub- related services and benefits to RCI Weeks Members. RCI is scribing members of RCI. an independent exchange service company and is not owned, operated or controlled by an Affiliated Resort (b) The resort must be operated in a commercially developer, seller, managing entity or vacation ownership plan reasonable fashion that will enable it to meet its participating in the RCI Weeks Exchange Program. Other obligations and must otherwise be in compliance with than as stated in this paragraph, neither RCI nor any all terms of the Resort Affiliation Agreement, if any. of its officers or directors has any legal or beneficial

42 (c) RCI must have received and accepted either a notified in ENDLESS VACATION magazine or other RCI completed Enrollment Application or a corporate publications or by other written means of any revised participation enrollment on behalf of the Vacation subscription fee. The above fees may vary for corporate Owner, together with other pertinent information participation or other programs offered by or through RCI. concerning the Vacation Time purchase. (d) The current initial subscription fee for ENDLESS VACATION magazine must have been submitted to 5. USING THE RCI WEEKS RCI by the developer or Vacation Owner. EXCHANGE PROGRAM The collection and submission to RCI of the foregoing The RCI Weeks Exchange Program utilizes a “deposit” and subscription fee payment, together with required ownership “withdrawal” system. To make a withdrawal, an RCI Weeks information, allows RCI to waive the initiation fee (currently Member must first deposit Vacation Time that is available for $200 USD) that is otherwise required for RCI Weeks exchange. Membership. The deposit of Vacation Time into the RCI SPACEBANK® Participation in the RCI Weeks Exchange Program is further system does not relieve an RCI Weeks Member's obligation governed by the terms stated in both the Enrollment to pay maintenance fee assessments, taxes or other similar Application, which purchasers applying for RCI Weeks charges imposed by any applicable local, state or federal Membership are required to sign, and the Terms and governmental entity (or its equivalent if the resort is located Conditions of RCI Weeks Membership (the “Terms and in a foreign country) or imposed by a Home Resort, Host Conditions”). The present Terms and Conditions are set Resort or provider of accommodations and/or other services. forth in this Disclosure Guide. Exchange privileges may be denied, or a Confirmation canceled if an RCI Weeks Member's Home Resort RCI reserves the right to add to, delete or modify the Terms maintenance fee assessments or similar charges have and Conditions, including fees, benefits and reservation not been paid when due as established by the procedures and priorities, at its sole discretion. The Terms Member’s Home Resort, Home Resort Group or and Conditions require RCI to make the RCI Weeks Exchange vacation club. In addition, RCI reserves the right to apply a Program available to RCI Weeks Members. By signing the Member’s subscription fees to cover any unpaid Exchange, Enrollment Application at the time of purchase of a vacation Guest Certificate(s), Cancellation Fee(s) or any other ownership interest, the purchaser becomes eligible to amounts owing and due to RCI. Special charges, user fees or participate in the RCI Weeks Exchange Program as an RCI government taxes that may not be required by the RCI Weeks Weeks Member for the initial period arranged by the developer Member's Home Resort may be charged to the RCI Weeks or seller of the vacation ownership plan. In order to use the Member by a Host Resort. If so, it is the RCI Weeks Member’s RCI Weeks Exchange Program, a person must remain an RCI obligation to pay those charges, fees, or taxes and not the Weeks Member in good standing. A Member may transfer his obligation of RCI or the Host Resort. or her RCI Weeks membership to a purchaser of Vacation RCI also reserves the right to offer additional benefits to RCI Time. A membership transfer fee (which is subject to Weeks Members in exchange of the Vacation Time deposited change) will be charged by RCI to process each membership into the SPACEBANK® system. Such additional benefits, transfer application. Participation in the RCI Weeks Exchange which may be identified from time to time by RCI, include, Program is voluntary. but are not limited to, cruises or other accommodations, products or services. Additional benefits offered in exchange Membership Transfer Application processing of Vacation Time deposited may periodically change at RCI’s fee: $49.00 USD sole discretion. In addition, RCI does not guarantee that any To ensure that RCI Weeks Members receive accurate and specific additional benefit will be available to RCI Weeks timely information concerning the Terms and Conditions, Members, or, if made available, will remain available for any the operation of the RCI Weeks Exchange Program and the period of time. Affiliated Resorts, RCI Weeks Members receive a current subscription to ENDLESS VACATION magazine. Member status ceases if an RCI Weeks Member fails to renew a 6. DEPOSITING VACATION TIME subscription within 90 days following subscription expiration. An Exchange may be requested by an RCI Weeks Member Reinstatement as a member will require payment of the RCI once the RCI Weeks Member deposits Vacation Time with Weeks Membership initiation fee (currently $200 USD) and RCI. Vacation Time may be deposited as early as 24 months the annual ENDLESS VACATION subscription fee. and as late as 14 days prior to the start date of the Vacation Time deposited. 2003 Subscription fee: $89.00 USD To maximize the Trading Power of your Vacation Time by The subscription fee set forth above is effective for 2003, and depositing early, a Member may participate in the is subject to change at the discretion of RCI. Members will be Auto-Deposit Program by enrolling with RCI by mail,

43 facsimile, internet, or by telephone. When a Member enrolls Member’s RCI account by submitting to RCI a completed in the Auto-Deposit Program, the Vacation Time selected Membership Transfer Application (“MTA”). A deposit transfer will be automatically deposited a number of months fee (which is subject to change) will be charged for each predetermined by your Home Resort in advance of the start transfer. A completed MTA may be submitted to RCI by mail, date of your week. For Members to enroll in the Auto-Deposit fax, internet or telephone. By submitting a completed MTA to Program, their Affiliated Resort must be participating in the RCI, you represent to RCI that you have not previously sold, Auto-Deposit Program. Members participating in the rented or auctioned your deposited Vacation Time prior to Auto-Deposit Program will receive notification from RCI 30 the transfer to the other Member’s RCI account. RCI reserves days prior to the targeted date of deposit of their Vacation the right to modify the terms of Vacation Time transfers in its Time, confirming that the Vacation Time will be automatically sole discretion. Failure to comply with the terms of RCI deposited. Once the Vacation Time has been deposited, it will deposit transfers may lead to suspension and/or termination be placed in a protected pool of inventory for 30 days. While of Membership. in this pool, the Vacation Time is not available for Exchange by another Member. Once the Vacation Time is accepted, a Current Deposit Transfer Fee: $49.00 USD written acknowledgement is sent to the applicable Member. Vacation Time which has been automatically deposited will not be accepted if a Member has not paid maintenance fees 8. REQUESTING AN EXCHANGE or assessments to the Home Resort. Members may cancel their enrollment with the Auto-Deposit Program any time Exchange Requests may be made by mail, facsimile, internet, before their Vacation Time is automatically deposited. There or telephone. RCI Weeks Members who have deposited is currently no fee charged for this service. Vacation Time into the RCI SPACEBANK system may request Travel Dates beginning as early as one year prior to or as late In addition, RCI Weeks Members may extend each RCI as two years (up to three years if an RCI Weeks Member has SPACEBANK deposit in increments of an additional three or requested deposit extensions) following the start date of the six months, up to and including a maximum deposit exten- Vacation Time they have deposited. All exchanges are sion of one year. A nominal service fee for each deposit subject to space availability and are governed by the extension will be required, which fee is subject to change. criteria listed in the section titled “Exchange System RCI reserves the right to add to, delete or modify the terms Priorities.” of deposit extensions at its sole discretion. Deposit Extension fees are: 9. EXCHANGE FEES 3 month extension: $59.00 USD 6 month extension: $99.00 USD A service fee is charged by RCI to process and confirm an Exchange Request. Standard 2003 exchange fees are: Vacation Time may be deposited into the RCI SPACEBANK by mail, facsimile, internet, or by telephone. RCI Weeks Domestic Exchange Members who have deposited Vacation Time into the RCI (including Internal Exchange): $139.00 USD SPACEBANK receive a written deposit acknowledgment. International Exchange: $179.00 USD RCI Weeks Members who deposit “floating” Vacation Time must obtain unit and week assignments from their Home RCI Guest Certificate: $49.00 USD Resorts or Home Resort Group before their Vacation Time can be deposited into the RCI SPACEBANK. Exchange fees may vary and are subject to change at RCI's discretion. RCI Weeks Members will be advised by RCI of any fee changes. If RCI is unable to confirm an exchange within 7. ASSIGNMENT OR TRANSFER OF nine (9) months of the Exchange Request, the exchange fee DEPOSITED VACATION TIME may be refunded or credited to a member’s account at their request. Vacation Time deposited by RCI Weeks Members An RCI Weeks Member relinquishes all rights to the use of may be used by RCI to satisfy Exchange Requests, to his/her Vacation Time when it is deposited into the RCI accommodate inspection visits by RCI personnel, for SPACEBANK. RCI reserves the right to assign an RCI Weeks promotions, sale, marketing, or other purposes at RCI's Member's deposited Vacation Time to others, whether or not discretion. The above fees may vary for corporate a Depositor has requested or received a vacation exchange. participation or other programs offered by or through RCI. An RCI Weeks Member may withdraw his/her deposited From time to time, in order for RCI to obtain more favorable Vacation Time from the RCI SPACEBANK only if that Vacation inventory for its members, RCI may waive certain fees. Time has not been assigned by RCI and only if the RCI Weeks Member has not received a Confirmation as a result of that deposited Vacation Time. Members may transfer their unconfirmed deposited Vacation Time directly to another

44 Weeks Member whose payment is rejected by the RCI Weeks 10. GUEST CERTIFICATES Member’s bank or credit card company or who has not paid maintenance fee assessments or similar charges with respect Neither Vacation Time that has been deposited into the RCI to the RCI Weeks Member’s Vacation Time. If an RCI Weeks SPACEBANK nor an Exchange Request nor a Confirmation Member fails to comply with the Terms and Conditions of RCI may be used by an RCI Weeks Member for any commercial Weeks Membership set forth in this Disclosure Guide or if purpose, including auction, rental or sale. A Confirmation RCI is otherwise required, RCI may cancel or suspend may only be used by an RCI Weeks Member whose name membership privileges. appears thereon. Similarly, the only person who may request or receive a Confirmation or make an Exchange Request with An RCI Weeks Member may cancel a Confirmation by respect to deposited Vacation Time shall be the Vacation notifying RCI by telephone or in writing. Upon cancellation, Owner of such Vacation Time. An RCI Weeks Member may RCI may refund all or a portion of the exchange fee according give a Confirmation to a friend or family member by to the following guidelines: purchasing a Guest Certificate from RCI for the current Guest (a) An RCI Weeks Member will receive a full refund of Certificate fee on the date of issue. exchange fee if cancellation occurs by the end of the next RCI business day following the date on which the Guest Certificates may only be used by the individual(s) exchange was confirmed by RCI. This policy applies to named on the certificate and their guests and may not be exchanges confirmed fifteen (15) or more calendar used by persons under the age of twenty-one (21). Guest days prior to the beginning date of the Confirmation. Certificates are non-transferable, and may not be used for With respect to exchanges confirmed less than fifteen any commercial purpose, including auction, rental or sale. (15) days prior to the beginning date of the Their use is subject to any conditions, restrictions or Confirmation, no portion of the exchange fee will be limitations which may be imposed by the Host Resort. refunded for any cancellation. RCI Weeks Members are responsible for all acts and (b) If the cancellation occurs after the next RCI business omissions of their guests and for any damages caused or day following the date of the Confirmation, and more expenses incurred by their guests. than sixty (60) days prior to the beginning date of the Confirmation, a $99.00 USD Cancellation Fee (which RCI will fully refund the Guest Certificate fee when a Guest fee is subject to change) will be charged, and the Certificate is canceled more than sixty (60) days prior to the balance of the exchange fee will be refunded. beginning date of the Confirmation. RCI will not refund the (c) For cancellations made after the next RCI business day Guest Certificate fee when a Guest Certificate is canceled following the date of Confirmation, and sixty (60) days within sixty (60) days of the beginning date of the or less prior to the beginning date of the Confirmation, Confirmation. no portion of the exchange fee will be refunded. RCI reserves the right, in its sole discretion (without refund or credit), to revoke a Confirmation or Guest Certificate, Upon cancellation, the trading power of the Vacation Time terminate or suspend the membership of the relevant RCI deposited may be recalculated. In most instances when Weeks Member, or deny access to any of the products or cancellation occurs prior to the beginning date of a services offered in connection with an RCI Weeks Confirmation, you may request another exchange without Membership in the event RCI Weeks Members, or their making an additional SPACEBANK deposit. The then-current guests, misuse a Confirmation or Guest Certificate or exchange fees and policies will apply. otherwise breach the Terms and Conditions of RCI Weeks In the event that a resort becomes uninhabitable due to Membership. a natural disaster, RCI is not liable for the resulting cancellations. The SPACEBANK deposit used for this Confirmation will no longer be eligible for another exchange. 11. CANCELING A CONFIRMATION An additional exchange fee will be required to confirm another Exchange Request using a different deposit. If within twenty-four (24) months following the start date of the deposited Vacation Time, the RCI Weeks Member has not The above guidelines may not apply to special programs accepted one of the alternative resort choices or Travel Dates offered by or through RCI. offered by RCI, or if the RCI Weeks Member has not requested an exchange through RCI, then the RCI Weeks Member shall lose all credit for that deposit and will not be eligible to receive an exchange for that deposit. 12. EXCHANGE SYSTEM PRIORITIES RCI reserves the right, in its sole discretion (without refund RCI's ability to make a Confirmation for RCI Weeks or credit), to cancel a Confirmation, cancel an Exchange Members, except as provided below, is based upon the Request or otherwise deny the exchange privileges of any RCI availability of Vacation Time deposited by RCI Weeks Members in the RCI SPACEBANK. Purchasers should

45 carefully note the dates and basis for honoring Exchange Requests. Neither RCI nor resort personnel 13. EXCHANGE may represent that specific resort choices and/or Travel Dates can be guaranteed through the RCI Weeks The RCI Weeks Exchange Program is designed to provide Exchange Program. comparable exchanges. RCI uses Comment Cards submitted by RCI Weeks Members to gather information for each In addition to the above, RCI Weeks Members Affiliated Resort participating in the RCI Weeks Exchange requesting an Internal Exchange to their Home Resort Program. Comment Card Scores are one of six components or Home Resort Group may receive priority over other upon which the Trading Power of a deposit is determined. RCI Weeks Members who do not own Vacation Time at The consumer-driven Comment Card Scores are updated that Home Resort or Home Resort Group. regularly. RCI may offer programs where Vacation Time may be exchanged for other accommodations, products, Trading Power is assigned to each deposit of Vacation Time services and/or other considerations. RCI may set and is established at the time of deposit with RCI but may aside deposited space to match bulk and other change after deposit. Exchange Requests and other needs. In the event such exchanges are not effectuated, the inventory will be Trading Power is based on: utilized to confirm other exchanges. Demand and supply may be influenced by many different factors. (a) The demand, supply, classification grouping, Location, quality, timing, region and comparability are and utilization of the Vacation Time deposited among those factors which may change constantly. into the RCI SPACEBANK. Other limitations, restrictions and priorities may be (b) The demand, supply, classification grouping, employed in the operation of the RCI Weeks Exchange utilization of the Affiliated Resort and geographic Program, including limitations based on seasonality, region associated with the deposited Vacation unit size or other factors. These limitations, restrictions Time. and priorities may not be uniformly applied and, as a (c) The seasonal designation of the deposited result, certain inventory may be exchanged in other Vacation Time. programs and/or restricted in availability based upon (d) The size and type of the unit deposited applicable priorities and classification grouping of (i.e., number of bedrooms, kitchen type and resorts. Maximum/Private Occupancy of the physical To increase the likelihood that specific resort choices and unit). vacation dates may be confirmed, RCI Weeks Members are (e) The Comment Card Scores of the Vacation Time encouraged to submit Exchange Requests as far as possible deposited. in advance of requested Travel Dates. RCI Weeks Members are also encouraged to request seasons and unit occupancies (f) The length of time between the date of deposit that are the same as the season and unit occupancy of the and the start date of the deposited Vacation RCI Weeks Member's deposit. A properly submitted Exchange Time. Request should include a minimum of four (4) resort NOTE: RCI Weeks Exchange Program use patterns impact choices and Travel Dates. In the event the requested Travel an RCI Weeks Member's Trading Power. Demand, supply, Dates, resort choices and/or designated number of bedrooms utilization and Comment Card Scores may change over time. are not available, RCI Weeks Members will be offered The earlier an RCI Weeks Member deposits Vacation Time, alternative choices based upon availability. the greater the Trading Power an RCI Weeks Member's If within twenty-four months following the start date of the deposit will retain during the period of time in which the deposited Vacation Time, an RCI Weeks Member does not system searches to match Exchange Requests with accept one of the alternative resort choices and/or Travel comparable qualifying Vacation Time deposited in the RCI Dates offered by RCI, or if an RCI Member does not request a SPACEBANK. Certain criteria upon which Trading Power is vacation exchange through RCI, the RCI Member loses the established, as outlined above, are waived for RCI Weeks use of the deposited Vacation Time and will not be eligible to Members requesting Internal Exchanges within their Home receive a Confirmation against that deposit. Resort or Home Resort Group. If the developer or owners association of an Affiliated Resort fails to perform its contractual obligations, or if the Resort 14. CONFIRMATION OF EXCHANGES Affiliation Agreement is not renewed or is terminated, either by RCI or by the Affiliated Resort, the RCI Weeks Member's Exchange Requests received from RCI Weeks Members are right to exchange Vacation Time owned at that resort may be searched against qualifying space available in the RCI Weeks terminated. Exchange Program inventory. A request is confirmed if qualifying deposited Vacation Time with any combination of the resort choices, Travel Dates, comparable number of

46 bedrooms and comparable Trading Power is available in the RCI SPACEBANK. When a match occurs, RCI will reserve the 16. RESERVATION STATISTICS requested Vacation Time and confirm the exchange. For the calendar year ending 2002, the reservation statistics If requested Vacation Time with Resort Choices, Travel Dates, have been audited and are disclosed in this Disclosure Guide. comparable number of bedrooms, and comparable Trading THE PERCENTAGE OF CONFIRMED EXCHANGES IS A Power is not available in the qualifying inventory in the RCI SUMMARY OF THE EXCHANGE REQUESTS ENTERED SPACEBANK, RCI Weeks Members may: WITH THE EXCHANGE COMPANY IN THE PERIOD (a) Accept alternative Resort Choices and/or Travel Dates REPORTED. THE PERCENTAGE OF CONFIRMED offered by RCI; or EXCHANGES DOES NOT INDICATE A MEMBER’S PROBABILITIES OF BEING CONFIRMED TO ANY (b) Instruct RCI to continue to search for their requested SPECIFIC CHOICE OR RANGE OF CHOICES, SINCE Vacation Time pending the future availability of space AVAILABILITY AT INDIVIDUAL LOCATIONS MAY VARY. resulting from additional member deposits. An RCI Weeks Member is entitled to request and receive an exchange whether or not the RCI Weeks Member’s deposited Vacation Time is assigned to another RCI Weeks Member. Upon Confirmation of an Exchange Request, a written Confirmation is provided to the RCI Weeks Member. Exchanges confirmed within less than two weeks of the start date of the Vacation Time assigned to an RCI Weeks Member may be confirmed by telephone or Internet. During periods of high demand, i.e. national holidays, peak summer vacation weeks and school holidays, and at resorts located in high demand destinations, space availability is limited. RCI Weeks Members requesting exchanges for these times and at these resorts are encouraged to deposit their Vacation Time and to request exchanges as early as possible within the time frames described in Sections 6 and 8 of this Disclosure Guide. Because of technical limitations, the Trading Power criteria cited above are waived when RCI Weeks Members request exchanges to resorts located in Japan and South Africa and where a computer link has not been established.

15. AFFILIATED RESORTS The names and addresses of all currently participating Affiliated Resorts as of March 13, 2003 are set forth in this Disclosure Guide. Such Affiliated Resorts are listed by classification of number of Units at each such Affiliated Resort. The number of Members eligible to participate in the Exchange Program at each Affiliated Resort as of March 13, 2003 are also set forth in this Disclosure Guide. The mini- mum duration of timeshare intervals at each Affiliated Resort is that duration established by the governing documents of the particular Affiliated Resort. Additions of Affiliated Resorts to the Exchange Program are at the sole discretion of RCI. In making additions of Affiliated Resorts, RCI may consider factors such as size, location, and quality of the resort and its accommodations.

47 TERMS AND CONDITIONS name of an officer, partner or trustee, and RCI shall be entitled to treat such individual as the Member for all OF RCI WEEKS SUBSCRIBING MEMBERSHIP purposes. (d) Up to two co-owners of Vacation Ownership who reside at the same address may apply for a single 1. INTRODUCTION membership. If more than two co-owners are listed as owning the Vacation Ownership or if co-owners do These Terms and Conditions of RCI Weeks Subscribing not reside at the same address, such co-owners, if they Membership (“Terms and Conditions”) set forth the legally wish to become Members, must apply for separate binding contract between Resort Condominiums memberships. RCI may honor instructions from any International, LLC (“RCI” or “we”) and each person who person listed as a co-owner of Vacation Ownership participates in and/or uses subscribing membership benefits, on a membership and, in the event of conflicting including the RCI Weeks Exchange Program, or has the legal instructions, RCI may refuse to honor the later right to own, occupy or use accommodations (“Vacation instruction received. Ownership”) in a resort, vacation club or vacation plan which has affiliated with the RCI Weeks Exchange Program (an “Affiliated Resort”) and who is accepted as a subscribing 4. RENEWING OR TRANSFERRING member in the RCI Weeks Exchange Program (“Members” or A MEMBERSHIP “you”). Any capitalized terms not otherwise defined herein shall have the meaning ascribed to them as set forth in the (a) Continuing membership is conditioned upon the Disclosure Guide to RCI Weeks. payment of the applicable subscription fee for the following year. You may renew or extend your membership at any time by forwarding to RCI the 2. THE RCI WEEKS EXCHANGE PROGRAM applicable subscription fee, which is refundable on a prorated basis. However, if you fail to submit the RCI will allow participation in its program of facilitating the applicable subscription fee within ninety (90) days exchange of Vacation Ownership (the “RCI Weeks Exchange following the expiration of your membership, we Program”) to all Members who comply with these Terms and reserve the right to charge you the initiation fee in Conditions. RCI from time to time will provide to such addition to the applicable subscription fee. The payment Members RCI’s ENDLESS VACATION® magazine. of these fees is a condition of renewal or reactivation of Additionally, RCI will make available, in its sole discretion, the your membership, and RCI reserves the right at any RCI COMMUNITY GUIDE (or variations thereof) and time to refuse to accept these fees and to refuse to Supplements thereto (“ENDLESS VACATION publications”), renew or reactivate any membership. You may cancel special offers and our website located at www.rci.com. RCI is your membership by notifying RCI by telephone or in only responsible for written representations that it makes writing. concerning RCI and the RCI Weeks Exchange Program, and is not responsible for any representations made by any other (b) If you sell or otherwise transfer your Vacation person or entity. The obligations of RCI under these Terms Ownership, you may transfer your RCI Weeks and Conditions can be performed only by RCI, its authorized Subscribing Membership to the purchaser or transferee representative(s) or its designated licensee(s). of your Vacation Ownership by submitting to RCI a properly executed membership transfer application, pertinent ownership information, and the applicable 3. APPLYING FOR MEMBERSHIP membership transfer fees. RCI reserves the right to refuse to accept any membership transfer application. (a) To become a Member, an enrollment application and the applicable initiation and subscription fees must be submitted to RCI by you or on your behalf and accepted 5. RELATIONSHIP BETWEEN RCI AND by RCI. RCI reserves the right to refuse any application THE AFFILIATED RESORT OR and the applicable fees. ACCOMMODATING PARTY (b) RCI will waive the initiation fee if your application, (a) The Affiliated Resort is a party to an agreement with pertinent ownership information and the applicable RCI enabling the Affiliated Resort to submit enrollment subscription fee are submitted to RCI when you applications to RCI on behalf of purchasers of Vacation purchase Vacation Ownership. Ownership at the Affiliated Resort. These Terms and (c) Membership must be in the name of an individual(s) Conditions are separate and distinct from RCI’s agree- who owns Vacation Ownership. If a corporation, ment with the Affiliated Resort or accommodating partnership, trust or other entity hold Vacation party. For purposes of these Terms and Conditions, the Ownership, an enrollment application must be term “accommodating party” shall mean a provider of completed on behalf of the owner in the individual accommodations or services other than Affiliated Resorts.

48 (b) RCI and the Affiliated Resort, developer, marketer, seller of Vacation Ownership or accommodating party are 6. DEPOSITING VACATION OWNERSHIP separate and distinct entities, and RCI’s service (The AND REQUESTING AN EXCHANGE RCI Weeks Exchange Program) is separate and distinct from the products or services that are sold by or on (a) To participate in the RCI Weeks Exchange Program, you behalf of the Affiliated Resort or accommodating party, must be a current Member with your subscription fee including but not limited to Vacation Ownership. RCI paid through the later of: (1) the final date of Vacation neither owns, develops, markets or sells Vacation Ownership to be deposited or (2) the final date of the Ownership nor is it engaged in a joint venture, exchange requested. partnership or agency relationship with the Affiliated (b) By depositing Vacation Ownership with RCI, you Resort, developer, marketer, seller of Vacation represent and warrant to RCI that: (1) you have or will Ownership or accommodating party. Further, these Terms have the legal right to use or assign the use of the and Conditions are separate and distinct from your deposited Vacation Ownership and all other resort agreement with the Affiliated Resort, developer, marketer, amenities to which you have access; (2) the deposited seller of Vacation Ownership or accommodating party. Vacation Ownership has not been and will not be (c) If the Affiliated Resort fails to perform the obligations in assigned, offered or made available to any third party; its agreement with RCI, or if that agreement ends for (3) the physical accommodations in which you own any reason, the Affiliated Resort may lose its Affiliated Vacation Ownership are in good and usable condition; Resort status and RCI may suspend or terminate the (4) all maintenance fee assessments, taxes and other rights of existing Members who own Vacation Ownership similar charges applicable to that Vacation Ownership at that resort to participate in the RCI Weeks Exchange have been paid or will be paid when due according to Program. Persons who own Vacation Ownership only at the guidelines established by your home resort, home such a resort and whose rights to participate in the RCI resort group or vacation club. Weeks Exchange Program are suspended or who allow their membership to expire may not be permitted to (c) By depositing Vacation Ownership with RCI, you renew or reactivate their membership. If any Affiliated relinquish all rights to use that Vacation Ownership and Resort or other accommodating party fails to perform agree that such deposited Vacation Ownership may be the obligations in its agreement with RCI, or if that used by RCI to conduct exchanges, inspection visits, agreement ends for any reason, RCI may suspend or promotions, rentals and for other purposes at RCI’s terminate any benefits or services offered by such discretion. Affiliated Resort or accommodating party, including (d) For each exchange requested by a Member, an Vacation Time at such Affiliated Resort. exchange fee is required by RCI prior to processing and (d) Your decision to purchase Vacation Ownership should confirming each Exchange Request. If RCI is unable to be based primarily upon the benefits to be gained from confirm an exchange within nine (9) months of the the ownership, use and enjoyment of your Vacation Exchange Request, RCI will offer to refund the exchange Ownership at the Affiliated Resort and not upon the fee. If RCI continues the Exchange Request after a anticipated benefits of the RCI Weeks Exchange Program. refund has been made, RCI will collect another The Affiliated Resort at which you purchase your exchange fee at time of Confirmation. RCI Weeks Vacation Ownership is solely responsible for its Members may extend each deposit in increments of an financial viability and the quality of its accommodations, additional three or six months, up to and including a facilities, amenities, management and services and maximum deposit extension of one year. A fee is compliance with all laws, rules and regulations. In required for each deposit extension. addition, any accommodating party is solely responsible (e) Members may participate in the Auto-Deposit Program for its financial viability and the quality of its by enrolling with RCI online at www.rci.com, provided accommodations, facilities, amenities, compliance your Home Resort participates in this program. Upon with all laws, rules and regulations, management and enrollment, the Vacation Time selected will be services. automatically deposited a number of months (e) Information about Affiliated Resorts and/or accommodating predetermined by your Home Resort in advance of the parties provided by RCI is based on information start date of your week. Notification from RCI will be obtained from Affiliated Resorts or accommodating sent to you 30 days prior to the date at which your parties, and RCI makes reasonable efforts to ensure Vacation Time will be automatically deposited. Once that Affiliated Resort and accommodating party infor- deposited, your Vacation Time will be placed in a mation provided by RCI is accurate and complete as of protected pool of inventory for 30 days. While in this the date such Affiliated Resort and/or accommodating pool, the Vacation Time is not available for exchange party information is published by RCI. However, RCI by another Member. Vacation Time which has been expressly disclaims liability for inaccurate, incomplete automatically deposited will not be accepted if a or misleading information concerning any Affiliated Member has not paid maintenance fees or assessments Resort or accommodating party. to the Home Resort. You may cancel your enrollment in

49 the Auto-Deposit Program at any time before your beyond RCI’s control, you waive any and all claims Vacation Time is automatically deposited. against RCI. (f) Options available to RCI Weeks Members for the (f) Any complaints about the accommodations or services exchange of Vacation Ownership, and the procedures provided at an Affiliated Resort or accommodating party and conditions governing such options are set out in should be made at the earliest opportunity to a person various ENDLESS VACATION publications and other in authority at the Affiliated Resort or accommodating materials RCI may provide. Such procedures and party. If this does not produce a satisfactory result, you conditions are incorporated herein in their entirety. should contact the nearest RCI servicing office. In the Deposits and Exchange Requests are accepted subject to event the Affiliated Resort or accommodating party does your compliance with these procedures and conditions. not resolve the matter, you should write to RCI’s (g) Our ability to confirm an Exchange Request is dependent Customer Service department at P.O. Box 80229, upon the availability of Vacation Ownership deposited Indianapolis, Indiana 46280-0229 giving full details of with RCI or as provided by the accommodating parties. the complaint within thirty (30) days of your return. We Therefore, we cannot guarantee specific qualified reserve the right to refuse to consider any complaints resort choices, dates of travel, or types or sizes of made where this procedure has not been followed. accommodations. (h) Confirmations are valid only if issued by RCI or a party 8. MEMBERS AND GUESTS authorized by RCI. Upon receipt, please check all the details in the Confirmation and notify us immediately if (a) Neither Vacation Time deposited with RCI nor an anything is incorrect, as changes to any aspect of the Exchange Request nor a Confirmation may be used for Confirmation may be treated as a cancellation. any commercial purpose, including auction, rental or sale, or rental or sale of the time period unit which is (i) RCI will apply any reasonable restrictions on Exchanges represented by such Confirmation. A Confirmation may required by Affiliated Resorts and/or accommodating only be used by the Member who receives it from RCI parties. These restrictions may include, but are not unless that Member gives the Confirmation to a friend limited to, a prohibition on Members and their guests or family member by purchasing a Guest Certificate from exchanging into the same resort more than once from RCI for the Guest Certificate fee current on the in a specified period, a prohibition on exchanges from date of issue. Similarly, the only person who may or to other resorts located in the same geographic area request or receive a Confirmation or make an Exchange and minimum age requirements. Request with respect to deposited Vacation Time shall be the Vacation Owner of such Vacation Time. 7. USE OF ACCOMMODATIONS (b) Guest Certificates may only be used by the individual(s) named on the certificate and their guests and may not (a) You acknowledge that accommodations at an Affiliated be used by persons under the age of twenty-one (21). Resort and/or at an accommodating party into which Guest Certificates are non-transferable and may not be you exchange may differ in unit size, design, furnishings, used for any commercial purpose, including rental or amenities and facilities from the accommodations of sale. Their use is subject to any conditions, restrictions your Vacation Ownership. or limitations, which may be imposed by the Affiliated (b) The total number of people occupying the exchange Resort or accommodating party. accommodations must not exceed the Maximum (c) You are responsible for all acts and omissions of your Occupancy of the unit set forth in the Confirmation or guests and for any damages caused or expenses Guest Certificate; otherwise, access may be refused or incurred by your guests. an additional charge may be levied. (d) We will fully refund Guest Certificate fees when a Guest (c) You are responsible for payment of any applicable taxes, Certificate is canceled more than sixty (60) days prior to port charges, gratuities, personal expenses, utility the beginning date of the Confirmation. We will not charges, security deposits and other fees or charges refund Guest Certificate fees when a Guest Certificate is levied by an Affiliated Resort and/or accommodating canceled within sixty (60) days of the beginning date of party for the use of amenities and facilities. the Confirmation. (d) You and your guests must occupy and use any (e) Guest Certificate rules may vary for exchanges into accommodations into which you or your guests have accommodations other than Vacation Ownership. exchanged in a responsible, careful and secure manner. You are responsible for any damage, theft or loss caused by you or your guests. 9. CANCELLATION (e) If the accommodations for which an exchange has been (a) If within twenty-four (24) months following the start confirmed becomes unavailable due to natural disaster, date of the deposited Vacation Ownership, you have not act of God, terrorism, civil unrest, or any other event

50 accepted one of the alternative resort or other accom- The above guidelines may not apply to special programs modation choices and/or Travel Dates offered by RCI, or offered by or through RCI. if you have not requested an exchange through RCI, then you will lose all credit for that deposit and will not be eligible to receive an exchange for that deposit. 10. GENERAL (b) We reserve the right (without refund or credit) to (a) Telephone conversations to and from RCI cancel a Confirmation, cancel an Exchange Request or representatives may be tape recorded and/or otherwise deny the exchange privileges of any Member monitored for training and quality control purposes. whose payment is rejected by the Member’s bank or credit card company or who has not paid maintenance (b) You acknowledge that RCI or its affiliates may on fee assessments or similar charges with respect to the occasion offer products or services through solicitations Member’s Vacation Ownership as established by the via mail, email, telephone or other medium. You hereby Member’s home resort, home resort group or vacation consent and expressly request to receive such solicitations club. from RCI or its affiliates, including telephone solicitations utilizing automatic dialing equipment and/or artificial or (c) You may cancel a Confirmation by notifying RCI by pre-recorded messages. Your consent and request to telephone or in writing. Upon cancellation, the trading receive such solicitations continues, whether or not this power of the Vacation Time deposited may be recalculated. Agreement is terminated or expires, for the maximum RCI may refund all or a portion of the exchange fee period of time permitted by applicable law, unless you according to the following guidelines: expressly withdraw such consent and request. (i) With respect to exchanges confirmed fifteen (15) or (c) RCI shall have no liability to you or your Guests for any more days prior to the beginning date of the loss, injury or damage occurring as a result of any third Confirmation, you will receive a full refund of parties. RCI’s liability for any loss, injury or damage exchange fees if cancellation occurs by the end of incurred as a result of RCI’s action or failure to act will the next RCI business day following the date on be limited to the exchange fee or other consideration which the exchange was confirmed by RCI. With paid for the exchange, service or accommodation respect to exchanges confirmed less than fifteen provided by or through RCI in which such loss or (15) days prior to the beginning date of the damage occurred, and in no event will RCI be liable Confirmation, no portion of the exchange fee will for special, consequential or punitive damages. This be refunded for any cancellation. limitation of liability shall also apply to all affiliated (ii) If the cancellation occurs after the next RCI companies, servants and agents of RCI. business day following the date of the (d) These Terms and Conditions and the RCI Weeks Confirmation, and more than sixty (60) days prior Exchange Program, including, but not limited to, fees, to the beginning date of the Confirmation, the benefits, Seasonal Designations, classification grouping, then-current cancellation fee will be charged, and and other priorities and procedures for requesting and the balance of the exchange fee will be refunded. effecting exchanges, may be changed from time to time (iii) For cancellations made after the next RCI business by RCI. RCI Weeks Members are notified of changes in day following the date of Confirmation, and sixty these Terms and Conditions in ENDLESS VACATION (60) days or less prior to the beginning date of the publications. Current ENDLESS VACATION publications Confirmation, no portion of the exchange fee will supersede prior publications with respect to the Terms be refunded. and Conditions and the RCI Weeks Exchange Program. (iv) In most instances when cancellation occurs prior (e) Exchange or non-exchange-related programs and to the beginning date of a Confirmation, you may services offered through RCI or by third parties with the request another exchange without making an permission of RCI, where applicable, shall be governed additional deposit. The then-current exchange fees by these Terms and Conditions but may be subject to and policies will apply. additional and/or separate terms and conditions and may be changed or eliminated without prior notice to (v) In the event that an Affiliated Resort or you. Unless specifically stated to the contrary, where the accommodating party becomes uninhabitable context requires otherwise or where otherwise prohibited, due to an Event of Force Majeure (as defined in these Terms and Conditions shall control. RCI accepts Section 10(g) below), RCI is not liable for the no responsibility for the acts or omissions of any third resulting cancellations. The deposit used for this parties providing such programs or services directly to Confirmation is no longer eligible for another you. exchange. The exchange fee paid for this Confirmation will not be refunded and an additional (f) If you or your guest fail to comply with these Terms and exchange fee will be required to confirm another Conditions or fail to pay any sums owed to RCI, any Exchange Request using a different deposit. Affiliated Resort, accommodating party, RCI Travel or any other entity affiliated with RCI, your Confirmation or

51 Guest Certificate may be revoked, your membership may be suspended or terminated, or access may be denied to any of the products or services offered by RCI without further obligation. In the event of a suspension based upon non-payment, your exchange privileges will remain suspended until all sums that are owed are paid. In the event of termination, an initiation fee will be required to re-activate your membership. In addition, RCI may cancel a subscribing membership if required to do so by any local, state or federal governmental entity (or its equivalent if a foreign country) and any laws, rules or regulations that may apply. In the event RCI terminates the RCI Weeks Exchange Program, then, upon such termination, all memberships shall terminate. (g) If RCI should be prevented, hindered or delayed in the performance of any obligation hereunder, including, but not limited to, providing lodging accommodations, due to an Event of Force Majeure (as defined below) beyond its reasonable control, and which cannot reasonably be circumvented by RCI through the use of alternate sources or other means, then RCI shall be excused from further performance upon written notice to the affected Member stating the reason for such nonperformance. The term “Event of Force Majeure”, as used herein, shall mean and refer to (i) an act of God or public enemy, fire, explosion, perils of the sea, lightning, earthquake, storm, flood, declared or undeclared war, revolution, insurrection, riot, act of piracy, act of terrorism, sabotage, blockade, embargo, accident, epidemic or quarantine; (ii) action by a governmental authority which prevents or delays performance of RCI’s obligations hereunder; or (iii) a strike, lockout or other labor unrest resulting from any cause and whether or not the demands of the employees involved are reasonable or within RCI’s power to concede. Notwithstanding RCI’s inability to perform any obligation hereunder, the Member’s obligations hereunder shall continue. (h) These Terms and Conditions and the RCI Weeks Exchange Program shall be governed by the laws of the State of New Jersey. Any legal action relating to or arising out of this Agreement shall be commenced exclusively in the state or federal courts of Morris County, New Jersey (not applicable to residents of North Carolina). Each Member or guest waives the right to a trial by jury. If any legal action is initiated by a Member or guest and RCI prevails, that Member or guest shall pay all costs incurred by RCI in defending such action, including reasonable attorneys’ fees. (i) ENDLESS VACATION, RESORT CONDOMINIUMS INTERNATIONAL, RCI, RCI and design, and RCI TRAVEL are trademarks that may not be used without the prior written permission of RCI. Other brand names may be trademarks of their respec- tive owners.

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Resorts With 1 - 5 Units * ALPINE RIDGE ATLAS AT PUEBLO CANARIO CANALTIME HOUSEBOATS DESTINATIONS 2150 RESORT DRIVE SUITES @ UNION WHARF @ GLACIER'S REACH PO BOX 775370 URB. PLAYA SERENA UNION WHARF SOUTH 4388 NORTHLANDS BLVD STEAMBOAT SPRINGS, CO 04740 ROQUETAS DEL MAR MARKET HARBOROUGH WHISTLER, BC USA ALMERÍA LEICESTERSHIRE CANADA SPAIN ENGLAND ANGEL RESORT IZU INATORI DESTINATIONS 3010-71 INATORI AZA BEAVER FOREST CONDOMINIUM CHALETS LA FALAISE @ ROSEDALE ON ROBSON KARASAWA 634 BEAVER LAKE DRIVE RUE DU PLATEAU 838 HAMILTON STREET HIGASHIIZU-CHO UNIT 5147 BEAUPRE, QC VANCOUVER, BC KAMO-GUN SIZUOKA 413-0411 ELLIJAY, GA CANADA CANADA JAPAN USA CHRYSLAND GARDENS CLUB DIANCHI GARDEN HOTEL & SPA ANGEL RESORT SHIGAKOGEN BELLA VISTA MONTEPEGO CLUB 82 TEFKROU ANTHIA STREET DIANCHI ROAD 3246-1 OAZA HIRAO AZA COMPLEJO BELLA VISTA AGIA NAPA KUNMING MURASHITA NAKAMICHI MONTE PEGO CYPRUS YUNAN MINAMI YAMANOUCHI-CHO 03780 PEGO CHINA, PEOP REP OF SHIMOTAKAI-GUN NAGANO ALICANTE CLC @ CANALTIME SAWLEY MARINA JAPAN SPAIN SAWLEY DUTA PURI ISLAND RESORT LONG EATON PULAU KAPAS ANGEL RESORT YUZAWA BIG CANOE NOTTINGHAM TERENGGANU 173-1 OAZA TSUCHITARU AZA 13350 HWY 53 EAST ENGLAND MALAYSIA SHIMONAKAKO YUZAWA-CHO 2ND FLOOR MINAMI UONUMA-GUN MARBLE HILL, GA CLUB LAVAUD EAGLES NEST TOWNHOUSES NIIGATA 949-6103 USA 2-6 RUE LAVAUD #29 MARCELLINA LANE JAPAN AKAROA PO BOX 5004 BIGWOOD CONDOMINIUMS NEW ZEALAND MT CRESTED BUTTE, CO ANGEL SEASIDE MINAMIATAMI 127 SADDLE ROAD USA 863-1 KAMITAGA CHECK IN: PREMIER RESORTS CLUB PARADISE @ JIMBARAN HILLS ATAMI-SHI KETCHUM, ID BANJAR KANGIN UNGASAN ELOUNDA GULF VILLAS SIZUOKA 413-0101 USA BALI PIGADAKIA ELOUNDAS JAPAN INDONESIA SCHISMA ELOUNDAS BLAKENEY TIMESHARE LASSITHI-CRETE ATC AT JIMBARAN HILLS RESORT THE PASTURES CLUB THARA GREECE BANJAR KANGIN UNGASAN BLAKENEY @ THARA PATONG BEACH RST NUSA DUA BALI NEAR HOLT 170 THAWEEWONGSE ROAD EMERALD RIDGE BALI NORFOLK PATONG BEACH 1705 REDBONE WAY INDONESIA ENGLAND PHUKET SEVIERVILLE, TN THAILAND USA ATLAS @ INTERCLUB HOTEL BREAMISH VALLEY COTTAGES HOCHEGG BRANTON CLUB VACANCES LE PLATEAU F.R.I.@ GEORGIAN BAY 30,000 HOCHEGGSTR 372 POWBURN RUE DU PLATEAU ISLANDS A-6100 SEEFELD NORTHUMBERLAND BEAUPRE, QC BOX 263 AUSTRIA ENGLAND CANADA MACTIER, ON CANADA ATLAS AT APARTAMENTOS BREEZY POINT INTERNATIONAL CLUB VENTURA TROPICAL PARK 9252 BREEZY POINT DRIVE RESIDENCE BUTIBAMBA PLAYA FANTASY HOLIDAY CLUB AVENIDA EL JABLE, 41 BREEZY POINT, MN EDIF.3,1-B, LA CALA MIJAS (RV CALGARY) CALLAO SALVAJE USA 29649 MIJAS-COSTA SUITE # 224 ADEJE MÁLAGA 440-10816 MACLEOD TRAIL S TENERIFE BROADWATER SANCTUARY SPAIN CALGARY, AB CANARY ISLANDS, SPAIN RESORT CANADA 108 CAVES ROAD COLUMBUS IMPERIAL CLUB ATLAS AT 'HOLIDAY DREAMS' DUNSBOROUGH, WA @ GRAND TOWER FIT VILLAGE RMI GIBRALTAR AUSTRALIA 402 SOI REWADEE 7160 SANGAI KODACHI SUPERPORT RAMA VI ROAD KAWAGUCHIKO-MACHI 60 QUEENSWAY BROCKWOOD HALL SAMSENNAI, PHAYATHAI MINAMI-TSURU-GUN GIBRALTAR WHICHAM VALLEY BANGKOK YAMANASHI-KEN NR. MILLOM THAILAND JAPAN ATLAS AT LONGBEACH RST AND CUMBRIA CLUB ENGLAND COLUMBUS IMPERIAL CLUB FOUR SEASONS-PACIFICA SALAMIS ROAD MERSIN 10 @ PATTAYA HILL 2600 AVE DEL PRESIDENTE FAMAGUSTA CA' DE VENEZIA 329 PRATAMNUG ROAD SAN CLEMENTE, CA NORTHERN CYPRUS, C/O CASA ALLA FENICE PATTAYA USA TURKISH REP OF RIO TERRA' DEGLI THAILAND ASSASSINI 3701 - S.MARCO GEO GROUP ATLAS AT MOLENHEIDE 30124 VENEZIA, (VE) COUNTRY CLUB VILLAS AT BERKSHIRE BEACH CLUB MOLENHEIDESTRAAT 7 ITALY AT RIO RANCHO 500 N A1A B-3530 HELCHTEREN 841 COUNTRY CLUB DR. DEERFIELD BEACH, FLORIDA BELGIUM RIO RANCHO, NM USA USA

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Resorts With 1 - 5 Units GLENDORGAL HOUSEBOAT ADVENTURES LE DOMAINE DE L'ARDILOUSE NH ZANDVOORT HOTEL LUSTY GLAZE @ LK OUACHITA DOMAINE DE L'ARDILOUSE BURG. VAN ALPHENSTRAAT 63 PORTH 359 OUACHITA SHORES PKWY 33680 LACANAU NL-2041 KG ZANDVOORT NR. NEWQUAY MT IDA, AR FRANCE NETHERLANDS CORNWALL USA ENGLAND LEA CASA NIHI KAI VILLAS HUSTYNS CASA DE EMDEKO COMPLEX 1870 HOONE ROAD GOLF APTS. RICHMOND PARK ST BREOCK DOWNS 75-6082 ALII DR POIPU BEACH RICHMOND PK GOLF CLUB WADEBRIDGE SUITE 6 KOLOA, KAUAI, HAWAII SAHAM RD CORNWALL KAILUA-KONA, HAWAII USA WATTON, THETFORD ENGLAND USA NORFOLK ONE WORLD LEISURE CHARTER ENGLAND INNSBROOK VILLAGE COUNTRY LEISURE CLUB INT'L SUITE 6 LEVEL I CLUB AT NEW ORLEANS 81-91 MAGILL ROAD GRANDVIEW LODGE 146 GENEVA DRIVE (BONAPARTE'S QUARTERS) STEPNEY, SA AT FALL CREEK FALLS RUIDOSO, NM 717 URSULINES AUSTRALIA ROUTE 1, BOX 407B USA NEW ORLEANS, LA GULF ROAD USA OWNERS CLUB INT'L SPENCER, TN KARIMUN ADMIRALTY COUNTRY @ MARINA VALLARTA USA CLUB LIFESTYLE CLUB AT KOORALBYN MARINA VALLARTA ADMIRALTY HOUSE ROUTLEY DRIVE CLUB DE GOLF HEALTH OASIS RESORT 345, OLD NELSON ROAD, KOORALBYN VALLEY, QLD FRACC. MARINA VALLARTA 26/4 MOO 6 SEMBAWANG, AUSTRALIA PUERTO VALLARTA, JAL MAENAM SINGAPORE MEXICO KOH SAMUI, SURATTHANI SINGAPORE MAMBRUK QUALITY RESORT THAILAND JALAN RAYA KARANG BOLONG PARK HOTEL VALLE CLAVIA KENWICK WOODS DESA CIKONENG,ANYER KIDUL LOCALITA' VALLE CLAVIA HEALTHY HOUSE KENWICK PARK P.O. BOX 10, ANYER 71010 PESCHICI, (FG) 1126 NISHISAKABE-CHO LOUTH WEST JAVA ITALY YOKKAICHI-SHI LINCOLNSHIRE INDONESIA MIE-KEN ENGLAND PATTAYA HILL RESORT JAPAN MARINA CAY RESORT VILLAGE 329 PRATAMNUG ROAD KOKOBEACH CARIBE RESORT 180 VISTA LANE PATTAYA HIDEAWAY HILLS RESORT SITIO CARIBE BIGFORK, MT THAILAND 1640 TIRRES HILL LANE PLAYA CARIBE-ALTAGRACIA USA SEVIERVILLE, TN ALTAGRACIA PEARL OF THE PACIFIC BEACH USA ISLA DE MARGARITA, NESP MARINA GREEN CLUB RESORT VENEZUELA AV. 1 Y 2 BALABAG,BORACAY ISLAND HOLIDAY CLUB ARE ENTRE 149 Y 150 MALAY,AKLAN TEGETORNET KOPANONG VILLA GESELL, BSAS PHILIPPINES BOX 1600 243 GLEN GORY ROAD ARGENTINA S-83013 ARE P.O.BOX 103399 PEFKOS VILLAGE HOLIDAY CLUB SWEDEN THE FALLS MARINE PALACE RESIDENCE PEFKOS VILLAGE BENONI PANORMOS VILLAGE LINDOS HOMESTAY - INN SOUTH AFRICA GEROPOTAMOS RHODES CONDOMINIO PORTO BELLO, RETHYMNO GREECE QUADRA "C" 1234 KUFRI HOLIDAY RESORT CRETE BUZIOS, RJ KUFRI GREECE PLANTATION BAY VILLAS BRAZIL SHIMLA INTERVAL MANAGEMENT INDIA MIMPI JIMBARAN SOUTH SEAS PLANTATION RD HONICOMBE MANOR KAWASAN BUKIT PERMAI PO BOX 194 ST ANN'S CHAPEL LA PLAYA CASA LINDA JIMBARAN CAPTIVA, FLORIDA CALLINGTON AVENUE LA JOLLA DENPASAR USA CORNWALL PUERTO PENASCO, SON BALI ENGLAND MEXICO INDONESIA PLAYA PARAÍSO AT EL MÁSTIL P MARÍTIMO HOTEL JUEGO LA SOLEILLETTE MISKIN MANOR COUNTRY CLUB C/ SAJORDANA 1 1800-1 OGAWA, GERO-CHO LE BRUSE SUR MER MISKIN MANOR 07560 CALA MILLOR MASUDA-GUN 181 RUE MARIUS BONDIL MISKIN MALLORCA,BALEARIC ISLANDS GIFU-KEN 509-2203 83140 SIX FOURS LES PLAGE MID GLAMORGAN SPAIN JAPAN FRANCE WALES PLAYACAR PLAZA MARINA HOTEL SELBACH LA VOLIERE AU PORT DE MER NESKOWIN SHORES KM. 62.5 PLAYA DEL CARMEN ROHRMOOS 164 101 PLACE CHARLES LEMOYNE 49000 HIGHWAY 101 SOUTH PLAYA DEL CARMEN, QROO A-8970 ROHRMOOS LONGUEUIL, QC PO BOX 728 MEXICO AUSTRIA CANADA NESKOWIN, OR USA PLUMERIA RESORT HOTEL SPOREA YUZAWA LAKESIDE VISTA INAWASHIRO P.O.BOX 5228 1920-1 YUZAWA, YUZAWA-CHO 997-48 KAGAHAMA, HAMAJI NETTLE BAY BEACH CLUB C.H.R.B MINAMI-UONUMA-GUN KONAN-MACHI BAIE NETTLE SAIPAN, MP NIIGATA-KEN 949-6101 KOORIYAMA-SHI BP 4081 SAIPAN JAPAN FUKUSHIMA 969-1414 97064 SAINT MARTIN JAPAN LEEWARD ISLANDS

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Resorts With 1 - 5 Units PORT ST FRANCIS RHC @ STREAMSIDE SHERATON ISLAND VILLAS THE BEACHCOMBER P.O. BOX 537 AT VAIL-DOUGLAS BANG TAO BAY CONDOMINIUM RESORT ST FRANCIS BAY 2284 SOUTH FRONTAGE RD W PHUKET 7900 DUNE DRIVE SOUTH AFRICA VAIL, CO THAILAND AVALON, NJ USA USA PORTO HILLS APART HOTEL SHOREPINE VILLAGE ESTRADA DO AEROPORTO, ROYAL HOST CLUB / CAPE KIWANDA DRIVE THE COMMONS AT ANGEL FIRE NO. 1123 LAKE OKANAGAN PACIFIC CITY, OR HWY 434 PORTO SEGURO, BA 1310 WATER STREET USA PO BOX 323 BRAZIL KELOWNA, BC ANGEL FIRE, NM CANADA SILVERMIST MOUNTAIN LODGE USA QUINTA DA MARINHA CONSTANTIA NEK QUINTA DA MARINHA ROYAL WHARF P.O.BOX 608 THE EVERGREEN CONDOMINIUMS THE MARINHA VILLAS CNR ST.FRANCIS DRIVE&SPRA CONSTANTIA 561 VASELS OWNERS CLUB LTD P.O.BOX 34837 CAPE TOWN BRIAN HEAD, UT 2750 CASCAIS ST.FRAMCIS BAY SOUTH AFRICA USA PORTUGAL PORT ELIZABETH SOUTH AFRICA SMUGGLER'S COVE RESORT WEST THE HOLIDAY CLUB AT CALYPSO QVC @ CHA-AM GRAND CONDOTEL 341 SE BAY BLVD CALYPSO PLAZA 464 PETKASEAM ROAD, RWVC AT EMBARCADERO NEWPORT, OR GRIFFITH STREET TAMBON CHA-AM 1000 SOUTHEAST BAY BLVD USA COOLANGATTA, QLD AMPHUR CHA-AM NEWPORT, OR AUSTRALIA PETCHABURI USA STARPOINTE THAILAND AT ROSEWOOD VICTORIA INN THE HOLIDAY CLUB AT RAFFERTYS RWVC AT KALA POINT VILLAGE 595 MICHIGAN STREET 1 WILD DUCK ROAD QVI @ THE ELEGANCE COURT 20 VILLAGE DRIVE VICTORIA, BC VIA RAFFERTYS ROAD 88 CHARATWEING ROAD PORT TOWNSEND, WA CANADA CAMS WHARF SILOM USA LAKE MACQUARIE, NSW BANGKOK STARPOINTE AUSTRALIA THAILAND RWVC AT SNOWATER AT TAUCA LEA BY THE SEA 10500 MT. BAKER HIGHWAY 1971 HARBOUR DRIVE THE PENTHOUSES RAROTONGAN SUNSET PO BOX 5002 UCLUELET, BC AT GULF STREAM BEACHSIDE RESORT GLACIER, WA CANADA 1501 GULF DRIVE NORTH PO BOX 377 USA BRADENTON BEACH, FLORIDA RAROTONGA * STONEY CREEK RESORT USA COOK ISLANDS SAITO HOTEL 277 LAKE DRIVE 1402-1 NISHIUCHI GREENVILLE, VA THE RUGBY MILLENNIUM - RESIDENCE VAUGRENIER KAKEYU ONSEN USA MATHERAN 938 AVENUE DR LEFEVRE MARUKO-MACHI VITHAL RAO KOTWAL ROAD IMMEUBLE LE CELLINI NAGANO-KEN 386-0322 SUGAR LOAF RESORT DIST RAIGAD. 06270 VILLENEUVE LOUBET JAPAN 4500 SUGAR LOAF MTN RD MATHERAN FRANCE CEDAR, MI INDIA SANARY SUR MER USA RESIDENCIAL PUERTO GOLF 31, TRAVERSE DE LA MER 8 THE SANDS RESORT PASEO LA CALETA 500 CORNICHE SAUVIOU SWEETWATER AT SOUTH PADRE AT HAMPTON BEACH URB. ALMERIMAR 83140 SIX FOURS LES PLAGE ISLAND 32 ASHWORTH AVE 04700 EL EJIDO FRANCE SUNCHASE BEACHFRONT CONDO HAMPTON BCH, NH ALMERÍA 1010 PADRE BLVD USA SPAIN SANTORINI VILLAS SOUTH PADRE ISLAND, TX KONSTANTINOU BELLONIA STR USA THE TALL TREES, MUNNAR RESIDENCIAL RIVIERA BENICASIM VOURVOULOS POST BOX NO 40 C/ DE LA CURVA 4 SANTORINI TAMANI JUA RESIDENCE BISON VALLEY ROAD 12560 BENICASIM GREECE LAMU ROAD MUNNAR CASTELLON MALINDI INDIA SPAIN SEABONAY BEACH RESORT KENYA 1159 HILLSBORO MILE THE YACHTING CLUB - TORTOLA RESORT HOLIDAY CLUB GRANDE HILLSBORO BEACH, FLORIDA TARANOVA - IMPERIALAKES NANNY CAY MARINA FLORIDA USA UNIT 43 ROAD TOWN 7 RECONDO AVENUE MEADOW OAKS CONDOMINIUMS TORTOLA MIAMI, QLD SEE THE SEA AT SAN DIEGO MULBERRY, FLORIDA BRITISH VIRGIN ISLANDS AUSTRALIA 628 MISSOURI ST USA SAN DIEGO, CA TIMBERLAKE RHC / KA-EO KAI RESORT USA TARANOVA - TAHOE SUMMIT 628 RUBY 3970 WYLLIE RD TAHOE SUMMIT VILLAGE MCCALL, ID PRINCEVILLE, KAUAI, HAWAII SELBORNE PARK 750 WELLS FARGO LANE USA USA VILLA G1 AND G8 UNIT 4 SELBOURNE GOLF ESTATE STATELINE, NV TRELOWARREN RHC / POWELL PLACE RESORT PENNINGTON USA MAWGAN 730 POWELL PLACE STREET KWAZULU NATAL HELSTON SAN FRANCISCO, CA SOUTH AFRICA CORNWALL USA ENGLAND

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Resorts With 1 - 5 Units VACATION VILLAGE ALDEIA DOS NAVEGANTES AQUARIUS BEACH RESORT BALCONES DE SAN MARCOS @ THE JOCKEY CLUB ALDNAVE, LDA AT WATAMU RESORT 3700 LAS VEGAS BLVD SOUTH MORADIA 29 P.O. BOX 96 SAN MARCOS POBLADO LAS VEGAS, NV 8125-563 VILAMOURA WATAMU LOTE 6 (6R) SECTOR LOS USA PORTUGAL KENYA ABEDULES RICAURTE, CUND VCI HOLIDAYS @ TAGAYTAY ALLEGRO RESORT PINEAPPLE ARROWHEAD CONDOMINIUMS COLOMBIA AGUINALDO HIGHWAY BEACH OWNERS OFFICE SILANG CROSSING LONG BAY PO BOX 563 BANYULS SUR MER TAGAYTAY ST JOHNS SEELEY LAKE, MT RESIDENCE LES HAUTS DE PHILIPPINES ANTIGUA AND BARBUDA USA FONTAULE RUE DU PROFESSEUR PREVOST VICTORIAN VILLAGE ALLEGRO RESORTS TURKS & ASPEN VACATION CONDOMINIUMS 66650 BANYULS SUR MER 1185 EMPIRE AVE CAICOS BOX 4935 COUNTRY CLUB DR FRANCE PARK CITY, UT PO BOX 205 HIGHWAY 78 USA GRACE BAY RED LODGE, MT BARNHAM BROOM GOLF AND PROVIDENCIALES USA COUNTRY CLUB VISTA ITO TURKS AND CAICOS ISLANDS BARNHAM BROOM AT CLIO ITO ICHIBANKAN ATLAS @ QUALITY SUITES APT NORWICH 1382-1, AZA-KAWAMUKI, OKA ALLEGRO ROYAL HIDEAWAY BANGKOK NORFOLK ITO-SHI PLAYACAR 99/401-486 SOI BENJAMITR ENGLAND SHIZUOKA-KEN 414-0055 LOTE HOTELERO 1 MANZ.6 CHAENG WATTANA ROAD JAPAN CONDOMINIO PLAYACAR BANGKOK BAYVIEW APARTMENTS PLAYA DEL CARMEN, QROO THAILAND 5 WARLEY AVENUE WHISKI JACK MEXICO COWES, VIC AT THE FITZSIMMONS ATLAS AUSTRALIA #104 - 4319 MAIN STREET AMARILIS CLUB AT AQUARIUS BEACH RESORT WHISTLER, BC AVENIDA V3 WATAMU BEACH CLUB OF MARCO CANADA EDIFICIO AMARILIS KENYA 901 S COLLIER BLVD PRAIA DA ROCHA MARCO ISLAND, FLORIDA WHISKI JACK AT THE VALHALLA 8500-801 PORTIMAO ATLAS AT KSAR AL RIMAL USA #104 - 4319 MAIN STREET PORTUGAL KM 20 ROUTE DE CEUTA WHISTLER, BC MDIQ-PROVINCE DE TETOUAN BEACH HOTEL CANADA AMER VAC RES MOROCCO 107 MARINE PARADE @ THE COUNTRY INN P O BOX 10305 WHITE RIVER COUNTRY ESTATE 120 FALLS AVENUE ATLAS AT PASSAGE HOUSE CLUB MARINE PARADE VILLA 22 HAWLEY, PA HOTEL DURBAN HAZYVIEW USA KINGSTEIGNTON SOUTH AFRICA SOUTH AFRICA NEWTON ABBOT, DEVON AMER VAC RES @ THE PONO KAI ENGLAND BEST WESTERN COLONIAL PRAIA WIVC VILLACANA 4-1250 KUHIO HWY HOTEL PLAYA DE LA CANCELADA KAPAA, HAWAII ATLAS AT RGBC AT LUISA RUA BARAO DO ARACATI, 145 CARRETERA DE CADIZ KM 165 USA LUISA BY THE SEA FORTALEZA, CE ESTEPONA CAVELOSSIM BEACH BRAZIL MALAGA 29689 ANTICO PALAZZO SCALA MOBOR, SALCETE SPAIN VIA S MARIA DELLE GOA BIG CEDAR WILDERNESS CLUB GRAZIE 14 INDIA 612 DEVIL POOL RD WORLD WIDE AT KINGSBURY 80067 SORRENTO, (NA) RIDGEDALE, MO 133 DEER RUN COURT ITALY AWANA KIJAL GOLF AND BEACH USA P.O. BOX 6600 RESORT STATELINE, NV APART HOTEL "BARRAMARES FLAT" KM 28 BIWAKO PLAZA USA AV. SERNAMBETIBA NO 3.300 JALAN KEMAMAN-DUNGUN 2892-2 BLOCO IV BARRA DE TIJUCA 24100 KIJAL KITAGAWA MIZUHO-CHO RIO DE JANEIRO, RJ KEMAMAN, TERENGGANU MORIYAMA-SHI Resorts With 6 - 10 Units BRAZIL MALAYSIA SHIGA-KEN 524-0102 JAPAN A POUSADA DO RIO MUTUM APARTAMENTOS PUEBLO QUINTA BABYLON RESORT HOTELS RODOVIA MIMOSO DOS MT. FRANION ROAD BON TEMPS VILLAGE CAPOEIRINHA, KM 15 AVDA. EUROPA S/N MURUTHALAWA 103 BON TEMPS ROULE BARAO DE MELGACO, MT URB. TORREQUEBRADA KANDY MANDEVILLE, LA BRAZIL 29630 BENALMADENA COSTA SRI LANKA USA MÁLAGA ACAPULCO DOLPHIN VACATION SPAIN BACHLAUFEN HAUS BRASSIE KNOB VILLAS CLUB VIA DEL BERSAGLIO 4 AT SKY VALLEY COSTERA MIGUEL ALEMAN 50 APARTHOTEL "DIE FAMILIEN 39030 SESTO PUSTERIA, (BZ) TC VENTURES, LLC ACAPULCO, GRO RESIDENZ" ITALY P.O.BOX 69 MEXICO WARMBADER ALLEE 53 DILLARD, GA A-9504 WARMBAD-VILLACH USA ADLER BELLEVUE FERIENCLUB E.V. AUSTRIA ADLERWEG 25 D-79856 HINTERZARTEN APARTHOTEL HELVETIA INTERGOLF GERMANY, FEDERAL REP OF ROUTE MOUBRA CH-3962 MONTANA/CRANS

56 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 57

Resorts With 6 - 10 Units BREAKPOINT HOLIDAY COMPLEX CHAMPIONS' RUN CONDOMINIUMS + CLUB LAKERIDGE CONDOMINIOS MARINA REAL TRIQ BRANKUTLI 819 HWY 70 EAST #101 6028 PLUMAS ST SECTOR LOS ALGODONES QAWRA BAY PO BOX 601 CHECK-IN BUILDING SAN CARLOS QAWRA RUIDOSO DOWNS, NM RENO, NV NUEVO GUAYMAS, SON MALTA USA USA MEXICO

BROADWATER PAGODA HOTEL CHANDLER POINT COTTAGE CLUB LANZAMAR CONNEMARA COUNTRY 112 MELVILLE PARADE COMMUNITY C/ LAS MAJADAS 2 COTTAGES COMO, WA C/O WILLIAM'S LANDING PUERTO DEL CARMEN LEAM EAST AUSTRALIA R.R. #2 LANZAROTE RECESS HALIBURTON, ON CANARY ISLANDS, SPAIN CO GALWAY BROOKVILLAGE CANADA IRELAND AT CAESARS BROOKDALE CLUB PHUKET RESORT BROOKDALE RD CHAPEL STILE APARTMENTS 131 VICHIT SONGKHRAM ROAD CORONA DEL MAR SCOTRUN, PA AT LANGDALE KATHU P O BOX 653 USA GREAT LANGDALE PHUKET MARGATE NR. AMBLESIDE THAILAND SOUTH AFRICA CABANA MIO CUMBRIA PO BOX 161 ENGLAND CLUB SOL Y MAR COSTA SAN ANTONIO AMANZIMTOTI AROMO Y BOYERO TOURIST STREET SOUTH AFRICA CHATEAU DE MAULMONT CARILO, BSAS ST PAULS BAY ST PRIEST BRAMEFANT ARGENTINA MALTA CABO HOLIDAY CLUB 63310 RANDAN AT PLAZA CALAFIA FRANCE CLUB SOLYMAR CRYSTAL LODGE CARR.TRANSPENINSULAR BLVD KUKULKAN KM 18.7 BOX 280 KM. 4.5 CABO BELLO CLARIDGES CORBETT HIDEAWAY 2A.SECCION ZONA HOTELERA 4154 VILLAGE GREEN CABO SAN LUCAS, BCS ZERO GARJIA,DHIKULI CANCUN, QROO WHISTLER, BC MEXICO RAMNAGAR TOWN MEXICO CANADA NAINITAL DIST. CAL REI DE TALLÓ INDIA CLUB TEN CUXLIN HA VILLAGE MASIA CAL REI DE TALLÓ P O BOX 734 PAPISHAW ROAD 25720 BELLVER DE CERDANYA CLC AT MALIBU PREMIER BALLITO PUNTA GORDA LERIDA 141 AVEN. DES HAUTS DE SOUTH AFRICA TOLEDO SPAIN CANET BELIZE 66140 CANET EN ROUSSILLON CLUB TRIANA CANALTIME HOUSEBOATS: FRANCE URB. LA FLORIDA, LOCAL 41 D'CHALET NOTTINGHAM CTRA. N-332 KM 52 CLUB HOUSE ROAD MANALI NOTTINGHAM CASTLE MARINA CLUB BELVEDERE 03189 ORIHUELA COSTA MANALI MARINA ROAD 100 BELVEDERE DR. ALICANTE INDIA CASTLE PARK HOT SPRINGS, AR SPAIN NOTTINGHAM USA DESTINATIONS ENGLAND CLUB VACANCES ARCHIMEDE @ ROYAL VICTORIA SUITES CLUB CIUDADELA 110 CH THIBODEAU 1413 GOVERNMENT ST. CANALTIME:BRADFORD UPON URB. SON XORIGUER APT 257 C.P./P.O. 938 VICTORIA, BC AVON MARINA C/ DEL TENIS SUTTON, QC CANADA BRADFORD ON AVON MARINA 07760 CIUDADELA CANADA TROWBRIDGE ROAD MENORCA, BALEARIC ISLANDS DIMORE LA VECCHIA FIRENZE BRADFORD ON AVON SPAIN CLUB VILLA AZUL BORGO ALLEGRI 6 / R WILTSHIRE C/O MAGENS BAY VILLAS 50122 FIRENZE, (FI) ENGLAND CLUB COLOMBO KURHOTEL MAGENS BAY RD ITALY KOENIGSHOF ST THOMAS, VI CANICO BAY CLUB MUEHLENSTRASSE 16 USA DISCOVER RESORTS CANICO DE BAIXO D-87534 OBERSTAUFEN 7150 E. CAMELBACK ROAD 9125-031 CANICO, MADEIRA GERMANY, FEDERAL REP OF CLUB VILLABLANCA SUITE #455 PORTUGAL KM.3 CARR.COSTERA SUR SCOTTSDALE, AZ CLUB HOTEL LAFAYETTE RENACA COZUMEL, QROO USA CAPE GORDONIA SUBIDA EL ENCANTO 280 MEXICO 11 MARAIS ROAD RENACA DOMAINE DE GAVAUDUN SEAPOINT CHILE CLUBHOTEL AM KREISCHBERG VEZOU CAPE TOWN KREISCHBERGSTR. 5 47150 GAVAUDUN SOUTH AFRICA CLUB INTRAWEST - KAUAI ST GEORGEN OB MURAU FRANCE 3970 WYLIE ROAD AUSTRIA CARIBE CAMPO CLUB PRINCEVILLE, KAUAI, HAWAII ELTERWATER HALL AT LANGDALE CALLE ARECIVO-LA MULATA USA COMPLEJO ACUARIO II GREAT LANGDALE SOSUA, PUERTO PLATA LEANDRO ALEM 48 NR AMBLESIDE DOMINICAN REPUBLIC CLUB LA COSTA GALERIA ACUARIO II LOC 20 CUMBRIA AT LAS FAROLAS ROYALE VILLA CARLOS PAZ, CBA ENGLAND CAVO BIANCO VILLAGE URB. LAS FAROLAS ARGENTINA AGIOS PETROS CTRA. DE CÁDIZ KM 203 LEFKIMI 29650 MIJAS-COSTA CORFU MÁLAGA GREECE SPAIN

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 57 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 58

Resorts With 6 - 10 Units ENGLAND COUNTRY RESORT GRAND TOWER INN HOTEL DEL SUR HUSSONG'S PUEBLO DEL MAR AT HAKUBA 402 SOI REWADEE SAN ISIDRO DEL GENERAL KM.108 CARRETERA TIJUANA 3020-567 HOKUJO RAMA VI ROAD SAN ISIDRO DEL GENERAL ENSENADA HAKUBA-MURA SAMSENNAI,PHAYATHAI COSTA RICA ENSENADA, BCN KITA-AZUMI-GUN BANGKOK MEXICO NAGANO-KEN 399-9601 THAILAND HOTEL GARDEN-P. JAPAN DO RIO QUENTE RSTS. ILHA FLAT HOTEL GULF VIEW RESORT FAZENDA AGUA QUENTE S/N AV. PRINCESA ISABEL 767 ENGLEWOOD BEACH CLUB 30 E BEACH BLVD RIO QUENTE, GO ILHA BELA, SP 60 BROADWAY GULFPORT, MS BRAZIL BRAZIL WEST YARMOUTH, MA USA USA HOTEL OH-AN INN INNSBROOK VILLAGE HACIENDA SANTA VERONICA 1020 KAMI-ISANO 146 GENEVA DRIVE EXCLUSIVE CARR.TECATE KM 35 YAITA-SHI RUIDOSO, NM EN CLUB DE CAMPO MAIPU TECATE, BCN TOCHIGI-KEN USA TROPERO SOSA 800 MEXICO JAPAN MAIPU, MDZA ISLAND INN ARGENTINA HAMILTON COURT HOTEL PICCOLA FENICE BOX 347 CARRERA 14 NO. 81-20 CALLE DELLA MADONNA 3614 BLIND RIVER, ON FANTASY HOLIDAY CLUB BOGOTA, DC 30124 VENEZIA, (VE) CANADA (RV ORLANDO) COLOMBIA ITALY TRAVEL AMERICA ORLANDO ISLE OF PALMS RESORT & CAMP RESORT HARBOR COVE HOTEL POUSADA BRIG A BEACH CLUB 1411 SOUTH HWY #27 8769 PAGE HILL ROAD BARLAVENTO 1009D OCEAN BOULEVARD CLERMONT, FLORIDA HARBOR SPRINGS, MI AV. FRANCISCO LOUP 1158 ISLE OF PALMS, SC USA USA MARESIAS, SP USA BRAZIL FIT RESORT CLUB HARBOURSIDE II CONDOMINIUMS JACARANDAS SUITES 7139-1, SANGAI, KODACHI, 1141 BROAD CREEK ROAD HOTEL SALTO GRANDE DOMICILIO CONOCIDO KAWAGUCHIKO-MACHI NEW BERN, NC AV. ITALIA POLA 3 1/2 LAZARO CARDENAS Y MINAMI-TSURU-GUN USA PUNTA DEL ESTE BENITO JUAREZ YAMANASHI-KEN 401-0300 MALDONADO, MALD BUCERIAS, NAY JAPAN HIBISCUS URUGUAY MEXICO ANASTASIA ISLAND FITZPATRICK CASTLE HOLIDAY 4780 A1A SOUTH HOTEL STORYVILLE JACK TAR VILLAGE ST. KITTS HOMES ST AUGUSTINE, FLORIDA 1261 ESPLANADE AVE PO BOX 406 KILLINEY USA NEW ORLEANS, LA FRIGATE BAY CO DUBLIN USA ST. KITTS IRELAND HIDEAWAY BEACH DOMINICAN NETHERLANDS ANTILLES REPUBLIC HOTEL SUPERDECAMERON ISLA FUYO DAIICHI HOTEL CARRETERA SOSUA-CABARETE PALMA JACKSON GORE INN 312 SUEHIRO-ONSEN-CHO CABARETE ISLA PALMA 77 OKEMO RIDGE ROAD TOTTORI-SHI 680-0833 DOMINICAN REPUBLIC ISLA PALMA, SUCR LUDLOW, VT JAPAN COLOMBIA USA HIGH DUNES RESORT GALWAY BAY COTTAGES 1405 S. VIRGINA DARE TR HOTEL TANGO MAR JACOB'S LANDING CONDOMINIUMS COAST ROAD KILL DEVIL HILLS, NC PLAYA GUISALES 7806 BIRCH BAY DR BARNA CO GALWAY USA TAMBOR BLAINE, WA IRELAND PROVINCIA PUNTA ARENAS USA HIGH GROUND CARILO COSTA RICA GEO GROUP AT GUANA BAY AVELLANO Y BECASINA JOLLY HARBOUR MARINA & GOLF BEACH VILLAS CARILO, BSAS HOTEL WHITE PALACE RESORT GUY ESTATES ARGENTINA BY PRM CLUB BOX 121 PHILIPSBURG 15KM SAIDU SHARIF ROAD JOLLY HARBOUR SINT MAARTEN HOLIDAY CLUB YLLAS 3 MURGHZAR ST. JOHN'S ANTIGUA NETHERLANDS ANTILLES FIN-95970 AKASLOMPOLO SWAT DISTRICT ANTIGUA AND BARBUDA FINLAND SWAT GEO GROUP AT PUEBLO REAL PAKISTAN KAFR EL GOUNA FRENTE A ISLA DAMAS HONKA HOLIDAY RONNAS EL GOUNA PUNTARENAS FIN-07750 ISNAS HOWARD JOHNSON 22 KM NORTH HURGHADA QUEPOS FINLAND MEDITERRANEA SUITES HURGHADA COSTA RICA MEDITERRANEA HOTEL RED SEA HOSTAL CASA SAN FELIPE BUGIBBA ROAD EGYPT GOLF VIEW RESIDENCE XICOTENCATL 212 ST PAULS BAY 91/131 MOO 7, OAXACA, OAX MALTA KAGGA KAMMA VICHITSONGKRAM ROAD MEXICO 17 L`IDEAL KATHU HUSET PÅ HAVNEPLADSEN PAARL PHUKET HOTEL CLUB MONTANA HAVNEPLADSEN 18 - 20 CAPE TOWN THAILAND KARPENISI,EVRITANIA 9990 SKAGEN SOUTH AFRICA KARPENISI DENMARK GREECE

58 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 59

Resorts With 6 - 10 Units KAIFU VACANCES CLUB LA RINCONADA MISION LINKSIDE VILLAS MAYFIELD BEACH & TENNIS CLUB 3-1 TAKAMINE DE LOS ANGELES @ SUN N LAKE ESTATE P O BOX F-40458 YAMINE FRACC. VILLA DE LOS 5630 MATANZAS DRIVE FREEPORT MINAMICHITA-CHO FRAILES S/N SEBRING, FLORIDA GRAND BAHAMA ISLAND CHITA-GUN, AICHI SAN MIGUEL DE ALLENDE, GTO USA BAHAMAS JAPAN MEXICO LISTEL INAWASHIRO MEDAMAR CLUB APART KALBARRI BEACH RESORT LA SERRANITA NATURAL RESORT KAWAGETA INAWASHIRO-CHO AVENIDA UNO NO. 280 GREY STREET RUTA NAC.226 KM.24.50 YAMA-GUN Y PASEO 103 KALBARRI, WA COLINAS VERDES, BSAS FUKUSHIMA-KEN 969-2663 VILLA GESELL, BSAS AUSTRALIA ARGENTINA JAPAN ARGENTINA

KANAZAWA HAKUCHORO HOTEL LA TOUBANA MALIBU PREMIER MILFORD PARADISE & GOLF CLUB 6-3 MARUNOUCHI FOND HEZAN 141 AVE. DES HAUTS DE 101 TAMBON PAKNAMTAN KANAZAWA-SHI 97180 SAINTE ANNE CANET AMPUR PRANBURI ISHIKAWA-KEN 920-0937 GUADELOUPE 66140 CANET EN ROUSSILLON PRACHAUP KHIRI KHAN JAPAN FRANCE HUA HIN LABORI THAILAND KING WING HOT SPRING HOTEL 54 COMPENSATION DRIVE MANDALAY SHORES RESORT NO. 17 P O BOX 527 5226 NEPTUNE SQUARE MIRADOR DE LOS COLLAGUAS NANLU OF DONG SANHUAN BALLITO OXNARD, CA CALLE LIMA 513 CHAOYANG DISTRICT SOUTH AFRICA USA YANQUE BEIJING YANQUE-COLCA AREQUIPA CHINA, PEOP REP OF LAGOON SHORES MANLY NATIONAL PERU AT ROCHE HARBOR RESORT 22 CENTRAL AVENUE KL PLAZA SUITES ROCHE HARBOR, WA MANLY, NSW MONTERRAZAS CLUB & LEVEL 5 USA AUSTRALIA APARTELLE 179 JALAN BUKIT BINTANG TUDING KUALA LUMPUR LAKE CHALET RESORT MAR HOTEL RECIFE ITOGON MALAYSIA 970 CHATEAU LANE RUA BARAO DE SOUZA LEAO BENGUET OSAGE BEACH, MO 451 PHILIPPINES KOHNOMINATO RESORT HOTEL USA BOA VIAGEM YOU CLUB RECIFE, PE MORE RESORT VACATION CLUB 600 IMUTA KOHNOMINATO LANGEBAAN COUNTRY CLUB BRAZIL 265 HOKUJO GENKAI-CHO MUNAKATA-GUN P O BOX 144 HAKUBA-MURA FUKUOKA-KEN LANGEBAAN MARINA CAY KITA-AZUMI-GUN JAPAN SOUTH AFRICA 180 VISTA LANE NAGANO-KEN 399-9301 BOX 663 JAPAN LA BASTIDE DU ROY RENE LANZAROTE GANDIA CLUB BIGFORK, MT 31 AVENUE DES PLAZA ROSA DE LOS VIENTOS USA MOSSY CREEK INFIRMERIES Nº 34 ON SUGAR MOUNTAIN 13100 AIX EN PROVENCE 46700 GANDIA MARINE TERRACE SUGAR MOUNTAIN FRANCE VALENCIA 124 MARINE DRIVE P.O. BOX 2133 SPAIN P O BOX 653 BANNER ELK, NC LA BORA MARGATE USA AV. SAN MARTIN ESQ. LAPSI TOWNHOUSE SOUTH AFRICA RAMAYON BALLUTA BAY MOUNTAIN PLACE RESORT SAN MARTIN DE LOS ANDES, NQEN ST JULIANS MARINER HOUSE 4160 OLD WEBB CREEK RD ARGENTINA MALTA 30 CENTRE STREET GATLINBURG, TN NANTUCKET, MA USA LA DORADA RIVIERA PARK SALOU LE SCANDINAVE USA ATV. SALOU-REUS 4 105 RUE DE LA TOURBE MOUNTAIN VIEW EDIFICIO NIZA ST FERREOL LES NEIGES, QC MARINETOPIA AMANO- PRIVATE BAG X311 43840 SALOU CANADA HASHIDATE PART 5 UNDERBERG DISTRICT TARRAGONA 3599, KAWAJIRI, HIOKI, SOUTH AFRICA SPAIN LEISURETIME CRUISES (S.A.) MIYAZU-SHI LONG ISLAND MARINA KYOTO-FU 626-0225 MTC AT PATTAYA HILL LA HACIENDA CLUB ROPER ROAD JAPAN 329 PRATAMNUG ROAD PLAGE SIDI BOUZID MURRAY BRIDGE, SA PATTAYA SIDI BOUZID - EL JADIDA AUSTRALIA MARK IX CONDOMINIUMS THAILAND MOROCCO 1046 BROKEN LANCE DR LES BAINS DE SAILLON BOX 8409 MTC AT THE LEGACY RIVER KWAI LA JOLLA - LOMAS SAILLON BRECKENRIDGE, CO 129 MOO 2 KM. 29 CARRETERA CH-1913 SAILLON USA KLONG-DO SUBDISTRICT TRANSPENINSULAR SWITZERLAND DARNMAKAMTIA DISTRICT SAN JOSE DEL CABO, BCS MAYFAIR HOTEL KANCHANABURI MEXICO LHVC @ HACIENDA TROPICAL PARIS STREET THAILAND PLAYA COFRESI NO. 1 PAPHOS PUERTO PLATA CYPRUS DOMINICAN REPUBLIC

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 59 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 60

Resorts With 6 - 10 Units MTC PLUS AT GRAND TOWER INN OCEAN VILLAS PINAMAR FAMILY RESORT RELAX RESORT 402 SOI REWADEE 7031 S VIRGINIA DARE TRL CALLE DE LA LISA 1107 26 HOBBS AVE RAMA VI ROAD PO BOX 955 PINAMAR, BSAS WHITE SANDS BEACH P.O. SAMSENNAI,PHAYATHAI NAGS HEAD, NC ARGENTINA MONTEGO BAY BANGKOK USA JAMAICA THAILAND PLAYA DEL SECRETO OLIVA BEACH CLUB CARR.ESCEN.GUITARRON 110 RENDEZVOUS LODGE MURAYAMA MEMBERS CLUB URB. OLIVA NOVA GOLF FRACC PLAYAS GUITARRON NORTH RENDEZVOUS ISLAND 829, 3-CHOME 46780 OLIVA PO BOX D-160 P.O. BOX 309 NISHINO-ISSHIKI-CHO VALENCIA ACAPULCO, GRO QUATHIASKI COVE, BC TAKAYAMA-SHI SPAIN MEXICO CANADA GIFU-KEN 506-0031 JAPAN ORETI VILLAGE POINT BROWN RESERVA DE MARBELLA PUKAWA ROAD 1413 OCEAN SHORES BLVD. CONJUNTO ZAFIRO MUSKOKA SANDS PUKAWA BAY PO BOX 411 CTRA. DE CADIZ MUSKOKA BEACH ROAD LAKE TAUPO OCEAN SHORES, WA 29600 MARBELLA GRAVENHURST, ON NEW ZEALAND USA MALAGA CANADA SPAIN PACIFIC AVENUE PORTONOVO BEACH APARTMENTS NARUKO SUN HEIGHTS 1399 OCEAN SHORES BLVD SW PUERTO RICO RESIDENCE INTERNATIONALE 138-3 OHGUCHI IRIZAWA OCEAN SHORES, WA MOGAN DE L'ODET NARUKO-CHO USA GRAN CANARIA ANSE DE PENFOUL TAMATSUKURI-GUN CANARY ISLANDS, SPAIN AVENUE DE L'ODET MIYAGI-KEN 989-67 PACUNG MOUNTAIN RESORT 29950 BENODET JAPAN JL RAYA PACUNG PRINCE STAFILOS FRANCE BATURITI SKOPELOS ISLAND NEPTUNE BEACH CLUB BEDUGUL LIVADI RESIDENCE VACANCES NO 6 B.P. 742 BALI SKOPELOS MARINA BAIE DES ANGES SALY PORTUDAL-M'BOUR INDONESIA GREECE PORT MARINA SENEGAL ROUTE DU BORD DE MER PAPAKEA RESORT PUNTA CONDOR VILLENEUVE LOUBET NORTH BEACH P.O.BOX 10098 BASE CERRO CATEDRAL FRANCE 14573 GAZEBO DRIVE 3543 LOWER HONOAPIILANI SAN CARLOS DE BARILOCHE, RN PARK RAPIDS, MN LAHAINA, MAUI, HAWAII ARGENTINA RHC @ ROCKRIDGE I AND II USA USA 416 SOUTH RIDGE QUALITY RESORT - BRECKENRIDGE, CO NORTH JETTY RESORT PARADISE WATERFRONT CITY USA OCEAN SHORES RESERVATIONS 3701 BLACKWOOD DR WATERFRONT CITY KOMPLEKS P.O. BOX 1716 SOUTH LAKE TAHOE, CA NO.1, SEI TEMIANG RIO QUENTE SUITE & FLAT I OCEAN SHORES, WA USA 29422 FAZENDA AGUA QUENTE S/N USA PULAU BATAM RIO QUENTE, GO PATONG RESORT HOTEL INDONESIA BRAZIL NORTH STAR 208 RAJ-UTID 200 YEARS RD 2955 COLUMBINE PATONG QUINTA COUNTRY CLUB RIVIERA BEACH RESORT PO BOX 881120 PHUKET KRAZY WORLD 2-4 ROWE ST STEAMBOAT SPRINGS, CO THAILAND LAGOA DE VISEU LAKES ENTRANCE, VIC USA APARTADO 3 ALGOZ AUSTRALIA PENTA EN SAN PEDRO DE TIMOTE 8365-907 ALGOZ NU-TKA LANDING FLOATING CERRO COLORADO KM.143 PORTUGAL RIVIERA DE BUZIOS RESORT RESORT CAMINO SN.PEDRO DE TIMOTE RUA 17, NO.20 GALIANO BAY HASTA KM.14 QVC @ THE ANDAMAN BEACH PRAIA DO FORNO TIUPANA INLET FLORIDA, FLORIDAOR SUITES BUZIOS, RJ NOOTKA SOUND URUGUAY 60/12 RAJ-UTID SONG BRAZIL VANCOUVER ISLAND, BC ROI PEE ROAD, CANADA PERRAN VIEW HOLIDAY VILLAGE PATONG BEACH ROYAL ALOHA VACATION CLUB - TREVELLAS PHUKET BRANSON OCEAN BEACH CLUB ST AGNES THAILAND LANTERN BAY RESORT 3201 HILL STREET CORNWALL BUILDING 13 NEW SMYRNA BEACH, FLORIDA ENGLAND RADISSON SAS BAY POINT RESORT BRANSON, MO USA ST GEORGE'S BAY USA PESTANA RIO ATLANTICA HOTEL ST JULIANS OCEAN EDGE AV. ATLANTICA NO.2964 MALTA ROYAL BALI BEACH CLUB 1 VILLAGES DRIVE COPACABANA @ JIMBARAN BAY ROUTE 6A RIO DE JANEIRO, RJ RAMSGATE BEACH CLUB JALAN ULUWATU BREWSTER, MA BRAZIL CNR WAIN LANE & MARINE DR NO.18X USA P O BOX 36 JIMBARAN, BALI PHUKET GOLF VIEW CONDOMINIUM RAMSGATE INDONESIA OCEAN FOREST CLUB 91/131 MOO 7 SOUTH AFRICA 5601 NORTH OCEAN BLVD VICHITSONGKRAM ROAD MYRTLE BEACH, SC KATHU USA PHUKET THAILAND

60 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 61

Resorts With 6 - 10 Units ROYAL BELLA VISTA COUNTRY SEASIDE VILLA KUMIHAMA SUNISANDS TAHOE VILLAGE CONDOMINIUMS CLUB 13-14 BISHAGO 1901 HILL ST 348 QUAKING ASPEN BAAN MON MUAN JAI MINATOMIYA NEW SMYRNA BEACH, FLORIDA PO BOX 5397 HANGDONG-SAMOENG KM19 RD KUMIHAMA-CHO KUMANO-GUN USA STATELINE, NV HANGDONG DISTRICT KYOTO-FU 629-3422 USA CHIANG MAI JAPAN SUNRISE BEACH CLUB & VILLAS THAILAND PARADISE ISLAND TAMBOR TROPICAL SHADOW MOUNTAIN LODGE PO BOX SS-6519 175 MTS. ESTE DE COPANA ROYAL LIGHTHOUSE VILLAS AT ASPEN NEW PROVIDENCE ISLAND LLORENTE DE TIBAS @ BOAT LAGOON 232 W HYMAN AVE BAHAMAS TAMBOR 22/1 THEPKASATTRI ROAD ASPEN, CO PROVINCIA PUNTA ARENAS PHUKET USA SUNSET RIDGE VILLAS COSTA RICA THAILAND ESTATE BETHANY SHIRAHAMA RINKAI PARK PO BOX 1447 TANGERI CHALETS SALT ROCK PALMS HEIGHTS ST JOHN, VI PLAYA JACO 20 BASIL HULETT DRIVE 447-1 SHIRAHAMA USA PROVINCIA DE PUNTARENAS SALT ROCK SHIRAHAMA-CHO COSTA RICA SOUTH AFRICA NISHIMURO-GUN * SUNTERRA HOLOLANI WAKAYAMA-KEN 649-2211 4401 TARANOVA SAMAY HUASI HOTEL Y RESORT JAPAN LOWER HONOAPIILANI HWY @ ATTITASH MT VILLAGE RUTA 94 S/N LAHAINA, MAUI, HAWAII ROUTE 302 TUNUYAN, MDZA SIESTA SANDS BEACH RESORT USA PO BOX 358 ARGENTINA 1001 POINT OF ROCKS ROAD BARTLETT, NH SARASOTA, FLORIDA * SUNTERRA KIHEI KAI NANI USA SAN FRANCISCO FLAT SERVICE USA 2495 SOUTH KIHEI ROAD AV. ALVAREZ CABRAL NO.967 KIHEI, MAUI, HAWAII TARANOVA AT SEAWATCH INN LURDES SKI TIME SQUARE USA 215 ATLANTIC AVENUE BELO HORIZONTE, MG MOUNTAIN RESORTS INC GARDEN CITY BEACH, SC BRAZIL 2150 RESORT DR SVC AT BANITO BEACH RESORT USA STEAMBOAT SPRINGS, CO 283 KLANG-AOU ROAD SAN LAWRENZ LEISURE RESORT USA TONGCHAI SUB DISTRICT TELEMARK POINTE RED APPLE TRIQ IR-ROKON BANG-SA-PHAN DISTRICT CLUB SAN LAWRENZ SOBHENGU PRACHUAP KHIRI KHAN HIGHWAY "M" GOZO P O BOX 10748 THAILAND PO BOX 277 MALTA MARINE PARADE CABLE, WI SOUTH AFRICA SWEETWATER AT KAUAI USA SANAFIR VACATION CLUB AT ALII KAI II NEMA BAY STARPOINTE AT PACIFIC SHORES CONDOMINIUMS TERRACOS DO MAR SHARM EL SHEIK NATURE 3830 EDWARD ROAD RUA MELVIN JONES SOUTH SINAI 1-1600 STROUGLER ROAD PRINCEVILLE, KAUAI, HAWAII VILAMOURA EGYPT NANOOSE BAY, BC USA 8125-502 VILAMOURA CANADA PORTUGAL SAND SHARES RESORT SWISS-COURT HOLIDAY 20 POPE AVENUE * STILL WATERS APARTMENT THE "Q" OLD BURLEIGH ROAD EXECUTIVE PARK RD STE 200 1000 STILL WATERS DRIVE NO. 101-107, 15 OLD BURLEIGH ROAD HILTON HEAD, SC DADEVILLE, AL JALAN TITIPANJANG SURFERS PARADISE, QLD USA USA LUMUT, PERAK AUSTRALIA MALAYSIA SANTANA HOLIDAY RESORT STONEGATE THE BALANGAN APARTMENTS 111 WEST AVE SWISS-GARDEN HOTEL BANJAR CENGGILING 88 7-15, MONTE CARLO AVENUE GREAT BARRINGTON, MA KUALA LUMPUR BUKIT JIMBARAN SURFERS PARADISE USA 117, JALAN PUDU BALI GOLD COAST KUALA LUMPUR INDONESIA AUSTRALIA STRATFORD COURT MALAYSIA BIRMINGHAM ROAD THE BRANCHES SCIOTA VILLAGE AT BIG VALLEY STRATFORD-UPON-AVON SWISS-GARDEN RESORT 120 THE BRANCHES LANE KRESS ROAD WARWICKSHIRE DAMAI LAUT BANNER ELK, NC SCIOTA, PA ENGLAND WD NO.21, USA USA PEJABAT POS LUMUT,101-107 SUDENDORF JALAN TITI PANJANG THE COURTYARDS SEA GRAPE BEACH CLUB AT SCHUSS MOUNTAIN LUMUT,PERAK 1416 ROYAL STREET CABARETE MOUNTAIN HSE CONDOMINIUM MALAYSIA NEW ORLEANS, LA PUERTO PLATA SCHUSS MOUNTAIN ROAD USA CABARETE MANCELONA, MI SWISS-GARDEN RESORT KUANTAN DOMINICAN REPUBLIC USA 2656-2657, THE HUNTSMAN CLUB MUKIM SUNGAI KARANG, WATERVILLE SEASCAPE CONDOMINIUMS SUNCREST TREASURE VILLAS BALOK BEACH, BESERAH, COUNTY KERRY 117 E VERNA JEAN ST TREASURE CAY KUANTAN, PAHANG IRELAND SOUTH PADRE ISLAND, TX ABACO ISLAND MALAYSIA USA BAHAMAS THE LODGES AT MAPLE CREEK 3864 GREEN MOUNTAIN DR BRANSON, MO USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 61 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 62

Resorts With 6 - 10 Units THE LUXURY CLUB, AHMEDABAD TRADE WINDS CRUISE CLUB- VICTORS CHIHPEN HOTSPRINGS VILLAS DEL PALMAR NEAR NEHRU BRIDGE B.VIRGIN IS RESORT AV. DEL PALMAR S/N AHMEDABAD CATAMARAN CHARTERS LTD. NO.16 LUNGCHUAN ROAD FRACC. PENINSULA DE INDIA P.O. BOX 281 WENCHUAN VILLAGE SANTIAGO ROADTOWN PEINAN MANZANILLO, COL THE OASIS TORTOLA TAITUNG COUNTY MEXICO SISILASAGAMA BRITISH VIRGIN ISLANDS TAIWAN SOUTHERN PROVINCE VILLAS LA ALHAMBRA EL CID HAMBANTOTA TREWINCE MANOR VILLA DEL SOL AVE CAMARON SABALO S/N SRI LANKA PORTSCATHO 155 MARINE DRIVE FRACCIONAMIENTO EL CID TRURO P O BOX 577 PO BOX 813 THE PEARL BEACH CLUB AND CORNWALL MARGATE MAZATLAN, SIN RESORT ENGLAND SOUTH AFRICA MEXICO SIPASIRUBALI PURI TROPICAL CLUB-HOTEL VILLA DIANA VIP VACATION CLUB STATUS INDIA PLAGE DES ALIZEES VIA NEMORENSE 4 79, NAKANOSAWA L'AUTRE BORD 00040 NEMI, (RM) OSHAMANBE-CHO, THE RETREAT 97160 LE MOULE ITALY YAMAKOSHI-GUN RUTHERFORD LANE GUADELOUPE HOKKAIDO OFF SHORT STREET VILLA MEXICANA HOTEL & JAPAN TAUPO VACANCES CENTRO RESORT NEW ZEALAND DE LAS ARTES 335 PROL.A.LOPEZ MATEOS S/N VISTA NATALIA E/ MEJILLON Y RIVADAVIA COL.CENTRO CUESTA DE LA FUENTE 22-24 THE SANTA BARBARA GOLF & PINAMAR, BSAS CREEL, CHIH 04638 MOJÁCAR OCEAN CLUB ARGENTINA MEXICO ALMERÍA GOLF DEL SUR SPAIN SAN MIGUEL DE ABONA VACANCES TORRE VILLA MYKONOS TENERIFE AV.BUNGE Y DE LA BALLENA 67-590 JONES ROAD VISTA NATALIA II CANARY ISLANDS, SPAIN PINAMAR, BSAS CATHEDRAL CITY, CA CUESTA DE LA FUENTE 22-24 ARGENTINA USA 04638 MOJÁCAR THE SUMMIT VAC. RST ALMERÍA TREE TOP VILLAS VACATION INN - SIMCOE #125 VILLA OLYMPIA SPAIN PO BOX 2192 HIGHWAY #26 WEST NATIONAL RD ITEAS CANYON LAKE, TX PO BOX 65 NAFPAKTOU WAIPANI II RESORT & BEACH CLUB USA COLLINGWOOD, ON GALAXIDI 609 HILLSIDE DRIVE CANADA GREECE NORTH MYRTLE BEACH, SC TIMESHARE FURUSATOKUN USA AWAJISHIMA VACATION INN VILLAS - SIMCOE #80 VILLA SEVIGNE NISHIHARA 937, HWY 26 WEST VALLON PARADIS WESTOVER PARK MATSUHOKOTSURO,SEIDAN-CHO PO BOX 65 04800 GREOUX LES BAINS 430 CLUB DR MIHARA-GUN COLLINGWOOD, ON FRANCE SEVIERVILLE, TN HYOGO-KEN 656-0304 CANADA USA JAPAN VILLAGE BARRAMAR RESORT VAL CHATELLE III AV. BEIRA RIO S/N WHISKI JACK AT THE ASPENS TIMESHARE FURUSATOKUN 109 ALPINE DR PRAIA DE CAPONGA #104 - 4319 MAIN STREET BIWAKO P O BOX 1891 CASCAVEL, CE WHISTLER, BC 1461-7 MATSUMOTOBAYASHI FRISCO, CO BRAZIL CANADA KIDO, SHIGA-CHO USA SHIGA-GUN VILLAGGIO GUARATIBA RESORT WHISKI JACK SHIGA-KEN 520-0514 VANTAGE POINT RODOVIA PRADO-ALCOBACA AT THE CASCADE LODGE JAPAN 508 E LIONSHEAD CIRCLE KM 10 #104 - 4319 MAIN STREET VAIL, CO PRADO, BA WHISTLER, BC TINDAYA EXECUTIVE APARTMENTS USA BRAZIL CANADA TASARTICO 17 PUERTO RICO VCI HOLIDAYS @ BATANGAS VILLAGGIO S'ABBA E SA PEDRA WHISKI JACK GRAN CANARIA PASTOR VILLAGE VIA SABINA 2 AT THE POWDER'S EDGE CANARY ISLANDS, SPAIN PALLOCAN WEST LOC. BAIA CADDINAS #104 - 4319 MAIN STREET BATANGAS 07020 GOLFO ARANCI, (SS) WHISTLER, BC TORRI KERCEM PHILIPPINES ITALY CANADA ST PAUL'S FIEF STREET KERCEM VCI HOLIDAYS @ MACTAN-CEBU VILLAS AJIJIC WHISKI JACK GOZO AIRPORT ROAD LINDAVISTA NO 14 AT THE WHISTLERVIEW MALTA MATUMBO HILLS FRACC. TIO DOMINGO #104 - 4319 MAIN STREET LAPU LAPU, CEBU AJIJIC, JAL WHISTLER, BC TRADE WINDS CRUISE CLUB- PHILIPPINES MEXICO CANADA ANTIGUA BOX 121 VCI HOLIDAYS @ MAKATI CITY VILLAS AT RANCHO MANANA WHISKI JACK JOLLY HARBOUR MARINA MAKATI AVENUE RESORT AT WHISTLER TOWN PLAZA ST. JOHNS, ANTIGUA_ COR. DURBAN STREET 38285 N. MIRAMONTE DR #104 - 4319 MAIN STREET ANTIGUA AND BARBUDA MAKATI CITY METRO MANILA CAVE CREEK, AZ WHISTLER, BC PHILIPPINES USA CANADA

62 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 63

Resorts With 6 - 10 Units WHISKI JACK ADRIATIC VILLA ANGRA INN RESORT ATLAS AT OCEANO BEACH CLUB WHISTLER VILLAGE CENTRE 2300 N. PALM CANYON DR ESTRADA DO CONTORNO, 2629 CTRA DE CADIZ KM 199 #104 - 4319 MAIN STREET PALM SPRINGS, CA PRAIA GRANDE 29650 MIJAS-COSTA WHISTLER, BC USA ANGRA DOS REIS, RJ MALAGA CANADA BRAZIL SPAIN AGIOS NIKOLAOS BAY WILDCAT TOWNHOUSE RESORT SIVOTA APART COSTA AZUL ATLAS AT THE ELEGANCE SUITE ROUTE 16 IGOUMENITSA AV.EZEQUIEL BUSTILLO KM. HOTEL JACKSON, NH GREECE 4.200 88 CHARATWEING RD USA SAN CARLOS DE BARILOCHE, RN SILOM ROAD AKELD MANOR AND COUNTRY ARGENTINA BANGKOK WINTERGREEN QUARTERS CLUB THAILAND CANADIAN LAKES AKELD APARTAMENTOS EL CANO 8520 100TH AVE NR WOOLER URB. MARINA D´OR, APARTAM ATLAS-GEO GRP AT CLUB / STANWOOD, MI NORTHUMBERLAND PLAYA MORRO DE GOS S/N FUN TROPICALE USA ENGLAND 12594 OROPESA DEL MAR PLAYA DORADA CASTELLÓN PUERTO PLATA WIVC CASA DE LA PLAYA ALII KAI RESORT SPAIN DOMINICAN REPUBLIC #98 3830 EDWARD ROAD CALLE PARAGUAY Y HONDURAS PRINCEVILLE, KAUAI, HAWAII ARABESQUE AVERINA BEACH CLUB COL. 5 DE DICIEMBRE USA ZONE TOURISTIQUE HAMMAMET MOBOR BEACH PUERTO VALLARTA, JAL NORD CAVELOSSIM SALCETTE MEXICO ALPENROSE CONDOMINIUMS 8050 HAMMAMET GOA 400 SOUTH FRENCH STREET TUNISIA INDIA WIVC THE INN AT SILVERCREEK BRECKENRIDGE, CO 62927 US HIGHWAY 40 USA ATLANTIC RESORTS AZURE SKY RESORT PO BOX 4222 THE BORDERLINKS 1661 CALLE PALO FIERRO SILVERCREEK, CO ALPINE RANCH OCEAN PARKWAY PALM SPRINGS, CA USA HIGHWAY 75A OCEAN PINES, MD USA CLEVELAND, GA USA WIVC TORREBLANCA USA BALAIA VILLAGE MAJAHUA 25 ATLAS AT CHATEAU DALE BEACH BALAIA GOLF VILLAGE PUERTO MARQUEZ AMER VAC RES RESORT SITIO DA BALAIA ACAPULCO, GRO @ SAND DUNE SHORES 430/13 MOO 12 BALAIA MEXICO 165 OCEAN AVE NONGPRUE 8200-912 ALBUFEIRA PALM BEACH SHORES, FLORIDA BANGLAMUNG PORTUGAL WORLD WIDE AT SUMMER OAKS USA CHONBURI, PATTAYA KASSNER ROAD THAILAND BALI MASARI RESORT MERRIMAC, WI AMERICAN VAC BANJAR GELUMPANG USA @ FLORIDA VAC VILLAS ATLAS AT CLUB SIERRA BLANCA DESA SUKAWATI 2777 N. POINCIANA BLVD C/O AZTEC COUNTRY CLUB GIANYAR +WORLDMARK TAHOE I KISSIMMEE, FLORIDA URB. RIVIERA DEL SOL BALI 202 TRAMWAY DRIVE USA 29650 MIJAS-COSTA INDONESIA PO BOX 2278 MALAGA STATELINE, NV AMORSOLO MANSION SPAIN BALI TROPIC RESORT & SPA USA 130 AMORSOLO COR. HERRERA JALAN PRATAMA 34A STREETS LEGASPI VILLAGE ATLAS AT CPV P.O. BOX 41 +WORLDMARK TAHOE II MAKATI AT PUEBLO DON MIGUEL NUSA DUA 202 TRAMWAY DRIVE PHILIPPINES C/O AZTEC COUNTRY CLUB BALI PO BOX 2278 URB. RIVIERA DEL SOL INDONESIA STATELINE, NV ANACONDA CLUB 29650 MIJAS-COSTA USA AV. PARQUE NO. 60 Y CALLE MALAGA BALVANERA POLO & COUNTRY NO. 15 S/N SPAIN CLUB XANADU BEACH RESORT AND LA PALOMA CARR.LIBRE A CELAYA KM.10 MARINA ROCHA, RCHA ATLAS AT GEO GROUP COL.CORREGIDORA SUNKEN TREASURE DRIVE URUGUAY AT LAC MORENCY QUERETARO, QRO FREEPORT 42 RUE DE LA CHAUMINE MEXICO GRAND BAHAMA ISLAND ANGEL FIRE CABIN SHARE LAC MORENCY BAHAMAS HIGHWAY 434 ST HIPPOLYTE, QC BAY SHORES YACHT & TENNIS PO BOX 421 CANADA CLUB YTACARANHA HOTEL DE SERRA ANGEL FIRE, NM 19451 GULF BLVD ESTANCIA SAO PEDRO S/N USA ATLAS AT HMI AT CALYPSO PLAZA INDIAN SHORES, FLORIDA MERUOCA, CE GRIFFITH & MCDONALD STS USA BRAZIL ANGEL GRANDIA ECHIGO- COOLANGATTA, QLD NAKAZATO AUSTRALIA BAYU BEACH RESORT 4707-1 OAZA TSUCHITARU 4 1/2 MILE JALAN PANTAI Resorts With 11 - 20 Units AZA NAKAHATA YUZAWA-CHO ATLAS AT LA CARTUJA PORT DICKSON MINAMI UONUMA-GUN URB. SITIO DE CALAHONDA NEGERI SEMBILAN ACADIA SMOKY MOUNTAIN NIIGATA 949-6103 C/ VIERA DARUL KHURUS RESORT JAPAN 29650 MIJAS-COSTA MALAYSIA 170 ACADIA CIRCLE MÁLAGA GATLINBURG, TN SPAIN USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 63 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 64

Resorts With 11 - 20 Units BEACH CLUB I BRANT POINT COURTYARD CANALTIME @ NOTTINGHAM CASABLANCA GREEN 9 GOLF & 326 ESTERO BLVD 15 SWAIN STREET CASTLE MARINA BEACH RST FORT MYERS BEACH, FLORIDA BOX 695 NOTTINGHAM CASTLE MARINA CANTON ATACAMES,PARROQUIA USA NANTUCKET, MA MARINA ROAD TONCHIQUE, RECINTO SAME USA CASTLE PARK PLAYA SAME, VIA MUISNE BEACH ISLAND RESORT NOTTINGHAM ESMERALDAS 1125 S ATLANTIC AVE BRETTON WOODS ENGLAND ECUADOR COCOA BEACH, FLORIDA ROUTE 302 USA BRETTON WOODS, NH CAPRI BY THE SEA AT SAN DIEGO CASITAS DEL MONTE USA 4767 OCEAN BLVD. 2700 S PALM CANYON DRIVE BEACHCOMBER CLUB SAN DIEGO, CA PALM SPRINGS, CA NORMAN MANLEY BLVD BROADWATER BUNGALOWS USA USA P.O. BOX 98 BUSSEL HIGHWAY NEGRIL BUSSELTON, WA CARABIANE MARINE CLUB 1 CEDAR COVE BEACH AND YACHT JAMAICA AUSTRALIA VILLAGE VIVA CLUB DIGUE DU BAS DU FORT 192 SECOND ST BEL-AIR BEACH CLUB BROOKES HILL 97100 GOSIER PO BOX 837 780 ESTERO BLVD BROOKES HILL RD HUMEWOOD GUADELOUPE CEDAR KEY, FLORIDA FORT MYERS BEACH, FLORIDA PORT ELIZAGBETH USA USA PO BOX 13205 CARIBBEA BAY HUMEWOOD P O BOX 120 CEDAR VILLAGE BELLA VISTA SOUTH AFRICA KARIBA 500 BEECH MOUNTAIN PKY PO BOX 1409 ZIMBABWE BEECH MOUNTAIN, NC JEFFREYS BAY BROOME PARK USA SOUTH AFRICA BARHAM CARIHUELA PLAYA SOL NR. CANTERBURY LA CARIHUELA CHAMPAGNE LANE BELLA VISTA GOLF & YACHT CLUB KENT C/ CIUDAD DE PORCUNA 10 PRIVATE BAG X26 HIGHWAY 48 ENGLAND 29620 TORREMOLINOS WINTERTON P.O. BOX 66 MÁLAGA SOUTH AFRICA HOWEY-IN-THE-HILLS, FLORIDA BUENOS AIRES COMRA SPAIN USA CONDOMINIUM CHAMPAGNE VALLEY RESORT AV BELGRANO 1235 CARLTON CLUB APARTMENTS CENTRAL BERG BELWOBYN ÅRE CAPITAL FEDERAL, BSAS EAST OVERCLIFF DRIVE (PRIVATE BAG X25) BOX 33 ARGENTINA BOURNEMOUTH WINTERTON 830 13 ÅRE ENGLAND SOUTH AFRICA SWEDEN BUSBY MANOR MARSDEN ROAD CARRIAGE MANOR CHARLOTTE BAY RESORT & CLUB BERKSHIRE BEACH CLUB PAIHIA AT LAKE ROYALE 23128 BAYSHORE ROAD 500 N. A1A BAY OF ISLANDS 66 LAKE ROYALE CHARLOTTE HARBOR, FLORIDA DEERFIELD BEACH, FLORIDA NEW ZEALAND LOUISBURG, NC USA USA USA BUSH BETTA WILDLIFE HOLIDAY CHAUDIERE LODGE BIG BAY BEACH CLUB RESORT CASA CAREZZA P.O. BOX 72 DOKIS BAY MARINE DRIVE MANGALA VILLAGE, VICOLO PIAZ 5/21 MONETVILLE, ON BLOUBERGSTRAND GUNDULPET, CAREZZA AL LAGO CANADA CAPE TOWN MYSORE 39056 NOVA LEVANTE, (BZ) SOUTH AFRICA INDIA ITALY CHENAY BAY BEACH RESORT EAST END RD, GREEN KEY BIRCHCLIFF VILLAS BUTTERWORTH TRAVEL LODGE CASA DE CAMPO - ITU PO BOX 24600 AT DEERHURST RST 1 LORONG BAGAN LUAR SATU, ROD. MARECHAL RONDON ST CROIX, VI 1235 DEERHURST DR BUTTERWORTH, KM.119 (SP 300) USA HUNTSVILLE, ON PENANG CAIACATINGA CANADA MALAYSIA ITU, SP CLASSIC HOLIDAYS BRAZIL @ SOVEREIGN SURFER BORGO DI VAGLI CAMPANILLA COMPOUND 138 FERNY AVENUE LOCALITA' BORGO DI VAGLI 334 OTERO ST CASA DE LA PLAYA SURFERS PARADISE, QLD 52044 MERCATALE CORTONA, (AR) SANTA FE, NM 321 COAST BLVD AUSTRALIA ITALY USA LA JOLLA, CA USA CLASSIC NARROWBOATS BOULDER BAY CANALTIME AT PEARTREE BRIDGE AT BARTON TURNS P O BOX 546 MILTON KEYNES MARINA CASA DEL MAR GOLF & DIVE BARTON-UNDER-NEEDWOOD BALLITO PEARTREE BRIDGE RESORT BURTON-ON-TRENT SOUTH AFRICA MILTON KEYNES BRGY. MANO STAFFORDSHIRE BUCKS SAN REMIGIO ENGLAND BOYNE MOUNTAIN ENGLAND CEBU P O BOX 19 PHILIPPINES CLC AT BUGGIBA HOLIDAY BOYNE MOUNTAIN ROAD CANALTIME AT UNION WHARF COMPLEX BOYNE FALLS, MI UNION WHARF SOUTH TRIQ IT-TURISTI USA MARKET HARBOROUGH BUGIBBA LEICESTER MALTA ENGLAND

64 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 65

Resorts With 11 - 20 Units CLC AT HEVER COUNTRY CLUB CLUB COLOMBO HOFGUT CLUB PRIMAVERA COCOROA COUNTRY & BEACH HEVER KUERNACH AV. ALEMANIA 47/49 CLUB EDENBRIDGE UNTERKUERNACH 2 PLAYA DEL INGLÉS CARR. NACIONAL MORON-CORO KENT D-87487 WIGGENSBACH GRAN CANARIA BOCA DE AROA, FALC ENGLAND GERMANY, FEDERAL REP OF CANARY ISLANDS, SPAIN VENEZUELA

CLC AT LA RIVIERA CLUB DEL MAR CLUB PRIVADO VILLA PIREN COMPLEJO BAHIA PALMERAS URB. RIVIERA DEL SOL CALLE 25 Y 26 CALLE PIREN S/N HOTEL RST CALLE SATURNO S/N PUNTA DEL ESTE SAN MARTIN DE LOS ANDES, NQEN BRISAS DE JUAN GRIEGO 29650 MIJAS-COSTA MALDONADO, MALD ARGENTINA DISTRITO GOMEZ MALAGA URUGUAY JUAN GRIEGO SPAIN CLUB PUEBLO BONITO MAZATLAN ISLA DE MARGARITA, NESP CLUB HACIENDA AV.CAMARON SABALO 2121 VENEZUELA CLUB ATLANTICO PLAYA NATIONAL MAIN ROAD MAZATLAN, SIN AVDA GRAN CANARIA 7 P O BOX 653 MEXICO COMPLEJO VAC. PELICANOS DEL CORRALEJO MARGATE MAR LA OLIVA SOUTH AFRICA CLUB VACACIONES PUEBLO EVITA KM.25 ANILLO VIAL, VIA A FUERTEVENTURA AVDA.LAS PALMERAS,BLQ 15 BARRANQUILLA CANARY ISLANDS, SPAIN CLUB HOTEL DU VILLAGE URB.PUEBLO EVITA. BOCACANOA 213 RUE DU COUVENT 29630 BENALMÁDENA-COSTA CARTAGENA, BOLV CLUB ATLAS (NOU ESPAI 1) C.P. 428 MÁLAGA COLOMBIA CTRA BENIDORM-LA NUCIA MONT-TREMBLANT, QC SPAIN 03530 LA NUCIA CANADA CONCORDE ROYAL BEACH RESORT ALICANTE CLUB VACANCES INT'L RAS SUDR SPAIN CLUB HOTEL SALINAS MONT ST-SAUVEUR SOUTH SINAI DO MARAGOGI 600 CHEMIN AVILA EGYPT CLUB BALI RODOVIA AL 101 NORTE PIEDMONT, QC @ JAVA HIGHLANDS RESORT KM. 124 CANADA CONDO - QUEBEC AU SCANDINAVE JL. MARIWATI KM 7.5 MARAGOGI, AL 110 RUE DE LA TOURBE SUKARESMI-CIANJUR BRAZIL CLUB VIERUMAKI ST FERREOL LES NEIGES, QC PUNCAK FIN-19120 VIERUMAKI CANADA WEST JAVA CLUB INTRAWEST - PANORAMA FINLAND INDONESIA 2000 PANORAMA DRIVE CONDO HOTEL BAHIA PANORAMA, BC CLUB VISTA VERDE PLAYA EL MEDANO S/N CLUB BEACHES CANADA AV.TOUROPERADOR CABO SAN LUCAS, BCS 120 ALEXANDRA PARADE TJAEREBORG, B 90-92 MEXICO ALEXANDRA HEADLAND, QLD CLUB LA SOLANA DE RANSOL CAMPO DE GOLF, AUSTRALIA RANSOL MASPALOMAS, GRAN CANARIA CONDO-HOTEL TORRE DE ORO CANILLO CANARY ISLANDS, SPAIN PULPITO 138 CLUB BELLASOL ANDORRA EMILIANO ZAPATA URB RIVIERA DEL SOL CLUBE DE CAMPO DO GEROS PUERTO VALLARTA, JAL C/ LIBRA S/N CLUB LE BRISTOL ESTRADA DA LAMEIRA MEXICO 29650 MIJAS-COSTA APT 806 TERMAS DE S. PEDRO DO SUL MÁLAGA 06420 ISOLA 3660-688 SAO PEDRO DO SUL CONDOMINIO AMARILIS FLAT SPAIN FRANCE PORTUGAL SERVICE ALAMEDA GUAIRA NO.19 CLUB BRITANNIA CLUB MAHINDRA TIMBER TRAIL CLUBE FORUM MODULO 30 28-29 MARINE PARADE VILLAGE PRINI APARTAMENTOS CLUBE FORUM RIVIERA DE SAO LOURENCO, SP EASTBOURNE DISTRICT KULLU AVENIDA CERRO DA VILA BRAZIL EAST SUSSEX MANALI VILAMOURA ENGLAND INDIA 8125-403 VILAMOURA CORAL IXTAPA PORTUGAL PASEO DE LAS GOLONDRINAS CLUB CALIDA AT LA MANGA CLUB PERA PALAS LOTE 17, CLUSTER GRAN VIA S/N MESRUTIYET CAD. NO: 98 CLUBE HOTEL DO ALGARVE CLUB DE GOLF PALMA REAL EDIF. ZAMBRA 2, LOCAL 3 TEPEBASI QUINTA DO ROMAO IXTAPA ZIHUATANEJO, GRO 30370 LA MANGA BEYOGLU 8125-301 QUARTEIRA MEXICO MURCIA ISTANBUL PORTUGAL SPAIN TURKEY CORAL REEF CLUB CLUBE PINHAL DA FOZ AT SUNCREST HOTEL CLUB CALIDA AT MAR MENOR CLUB PLAYA FIESTA PINHAL DA FOZ SUNCREST HOTEL GRAN VIA S/N KM 5 CARRETERA 200 SUR 4740-270 ESPOSENDE QAWRA COAST ROAD EDF. ZAMBRA 2, LOCAL 3 PUERTO VALLARTA, JAL PORTUGAL QAWRA 30370 LA MANGA MEXICO MALTA MURCIA CLUBHOTEL BAYERNHAUS SPAIN CLUB PLAZA HUATULCO HIRSCHENWEG 3 CORAL SANDS RESORT BLVD.BENITO JUAREZ S/N A-5640 BADGASTEIN NORTH CHURCH STREET CLUB CARILO PLAYA BAHIA DE TANGOLUNDA AUSTRIA GRAND CAYMAN AVUTARDA (ENTRE HUATULCO, OAX CAYMAN IS LAMBERTINA Y LAUREL) MEXICO COCOPLUM BEACH & TENNIS CARILO, BSAS CLUB CORAL SANDS RESORT ARGENTINA 109 COCOPLUM DRIVE P.O. BOX 5686 MARATHON, FLORIDA HILTON HEAD ISLAND, SC USA USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 65 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 66

Resorts With 11 - 20 Units CORAL SHORES RESORT CURACAO CASINO RESORT DIVI BEACH VILLAS EL PORTILLO APARTAHOTEL 17030 GULF BLVD P.O. BOX 2133 AT SOUTHWINDS EL PORTILLO LAS TERRENAS NORTH REDINGTON BEACH, PISCADERA BAY ST LAWRENCE PVCIA.-SAMANA FLORIDA CURACAO CHRIST CHURCH LAS TERRENAS USA NETHERLANDS ANTILLES BARBADOS DOMINICAN REPUBLIC

CORAL TIDES CONDOMINIUMS CWM CHWEFRU COUNTRY DIVI TIARA BEACH RESORT EL PORTILLO BEACH RESORT 580 BRINY AVE COTTAGES STAKE BAY EL PORTILLO, LAS TERRENAS POMPANO BEACH, FLORIDA LLANAFAN FAWR CAYMAN BRAC PVCIA.SAMANA USA BUILTH WELLS POWYS CAYMAN IS LAS TERRENAS WALES DOMINICAN REPUBLIC CORAL VISTA DEL MAR DOGWOOD HILLS AT ALPINE BAY PASEO DE DANA BEACH RESORT #2 AQUARIUS DRIVE EL PORTON LAS GOLONDRINAS 238 PO BOX 916 ALPINE, AL URB. SITIO DE CALAHONDA CLUB DE GOLF PALMA REAL ARABIAN GULF ST USA CRTA DE CÁDIZ KM 196 IXTAPA ZIHUATANEJO, GRO AL KARAMAH 29650 MIJAS COSTA MEXICO AJMAN DUTA PALMS RESORT & ANGLERS' MÁLAGA UNITED ARAB EMIRATES CLUB SPAIN COST PLUS RESORTS JALAN DESA PERMAI MAJKHALI, RANIKHET DANA INN RESORT TABATINGA BANDAR COUNTRY HOMES EL RETIRO HOLIDAY CLUB RANIKHET,UTTAR PRADESH ROD.CARAGUATATUBA-UBATUBA RAWANG SELANGOR CTRA LAS MARINAS KM 2 INDIA KM 84.5-CONDOMINIO COSTA MALAYSIA 03700 DENIA VERDE TABATINGA ALICANTE COSTA SMERALDA CARAGUATATUBA, SP EAGLE RIVER INN & SPAIN C/O REMINGTON & MARINE DR BRAZIL CONDOMINIUMS MARGATE 5260 HIGHWAY 70 W EL SIAMBON COUNTRY CLUB SOUTH AFRICA DAYS INN GUADAIRA RESORT EAGLE RIVER, WI RUTA PROVINCIAL 341 KM 26 AV. 13 DE JUNIO USA EL SIAMBON COTTAGES DE LONVILLIERS CARRETERA PANAMERICANA DEPTO. TAFI VIEJO, TUC ANSE MARCEL MELGAR, TOLI EAGLE WING SUITES ARGENTINA 97150 SAINT MARTIN COLOMBIA AT ANGEL FIRE RST LEEWARD ISLANDS 10 MILLER LANE EMBARCADERO-WORLD WIDE VAC DECAMERON BCH.TOWER ANGEL FIRE, NM CLUB COUNTRY HEIGHTS WRC AN ALLEGRO RST USA 1000 SE BAY BLVD JALAN CINTA AIR JUAN DOLIO NEWPORT, OR COUNTRY HEIGHTS SAN PEDRO DE MACORIS EAST PINES AT ALPINE BAY USA KAJANG DOMINICAN REPUBLIC #2 AQUARIUS SELANGOR DARUL EHSAN ALPINE, AL ENDLESS MOUNTAIN RESORT MALAYSIA DELRAY BEACH CLUB USA LYONS ROAD 188 CAPTAIN CHASE ROAD UNION DALE, PA COURT BARTON PO BOX 1247 ECVC USA SOUTH HUISH DENNISPORT, MA @ THE RIDGE AT EAGLE CREST NR KINGSBRIDGE USA 1522 CLINE FALLS ROAD FAIRWAY LODGE SOUTH DEVON PO BOX 1215 54 GOLF ROAD ENGLAND DESERT ROSE REDMOND, OR MT MAUNGANUI P O BOX 190 USA NEW ZEALAND CRANE BEACH RESORT HENTIESBAY CRANE NAMIBIA EDGEWATER BEACH CLUB FAIRWAY VILLAS ST PHILIP 321 PARK LAKE BLVD 14401 COMMODORES BARBADOS DESTINATIONS AT HOLIDAY PARK DETROIT LAKES, MN CORPUS CHRISTI, TX SITE 1 USA USA CROFT-NA-CABER 415 COMMONWEALTH RD A PARADISE GROUP COMPANY KELOWNA, BC EDGEWATER CLUB FALCON GLEN COUNTRY ESTATE BY ABERFELDY CANADA SARGOOD DRIVE PO BOX 107 PERTHSHIRE WANAKA SCHAGEN SCOTLAND DIAMOND CAVERNS RESORT & NEW ZEALAND SOUTH AFRICA GOLF CLUB CROWN RIDGE RESORT 1878 MAMMOTH CAVE PARKWAY EL CAPISTRANO PLAYA FERIECENTRET RÅGELEJE KLIT CROWN RIDGE ROAD PARK CITY, KY URB. EL CAPISTRANO RÅGELEJE STRANDVEJ 91 PO BOX 2296 USA APTO. CORREOS 113 3210 VEJBY NORTH CONWAY, NH 29780 NERJA DENMARK USA DIAMOND CLUB LA CUMBRE MÁLAGA C/ MANGUIA 8 SPAIN FERIENCENTER AXENFELS CUMBERLAND YACHT CLUB PUERTO DEL CARMEN POSTFACH 117 6365 STATE PARK ROAD LANZAROTE EL CAPISTRANO VILLAGE CH-6443 MORSCHACH PO BOX 900 CANARY ISLANDS, SPAIN URB. EL CAPISTRANO SWITZERLAND JAMESTOWN, KY APTO. CORREOS 113 USA DIAMOND LAS CALAS 1 29780 NERJA FIJI PALMS C/ GUAYADEQUE MÁLAGA PACIFIC HARBOUR PUERTO DEL CARMEN SPAIN DEUBA LANZAROTE FIJI ISLANDS CANARY ISLANDS, SPAIN

66 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 67

Resorts With 11 - 20 Units FLAMENCO HOTEL VILLAS & GLACIER WILDERNESS RESORT GUACAMAYA BEACH RESORT HAVEN COURT BEACH CLUB P O BOX 295 CALLE GOMEZ, LITTLE HAVEN FINAL BLVD. DE PLAYA WEST GLACIER, MT MANZANILLO HAVERFORDWEST EL AGUA USA PLAYA EL AGUA PEMBROKESHIRE PORLAMAR ISLA DE MARGARITA, NESP WALES ISLA DE MARGARITA, NESP GLOBAL HOLIDAY CLUB VENEZUELA VENEZUELA @ CRYSTAL COAST HAZEL GREEN VILLAGE ESTER A.LIM DRIVE GULF POINTE OF NAPLES NEW ROAD FLAMINGO BENIDORM TAWALA 9439 GULFSHORE DRIVE WOOTTON C/ MARBELLA Nº 2 PANGLAO ISLAND NAPLES, FLORIDA ISLE OF WIGHT 03500 BENIDORM BOHOL USA ENGLAND ALICANTE PHILIPPINES SPAIN GULF STREAM BEACH RESORT HEAVENLY VALLEY TOWNHOUSES GOLD CLUB AT PUERTO CABOPINO 1501 GULF DRIVE N. HEAVENLY VALLEY TH ASSOC FLANESFORD PRIORY PUERTO DE CABOPINO BRADENTON BEACH, FLORIDA 1455 KELLER ROAD GOODRICH CTRA DE CADIZ KM 195 USA PO BOX 17137 ROSS-ON-WYE 29600 MARBELLA SOUTH LAKE TAHOE, CA HEREFORDSHIRE MÁLAGA HABITAT CLUB PRIVILEGE-IBIZA USA ENGLAND SPAIN PUERTO DE IBIZA NUEVA 07800 IBIZA HEIDEL HOUSE RESORT / FLORIDA BAY CLUB GOLDEN LEAF IBIZA, BALEARIC ISLANDS CONFERENCE CTR MILE MARKER 103 1/2 54-56 EDMUND STREET SPAIN 643 ILLINOIS AVENUE PO BOX 2520 CALOUNDRA, QLD GREEN LAKE, WI KEY LARGO, FLORIDA AUSTRALIA HABITAT DEU SOL USA USA EDIFICIO DEU SOL GOLDEN PRAGUE SANTA CLARA VAL D' INCLES HERMANUS BEACH CLUB FLORIDA VACATION VILLAS CLUB I CLUB ANDORRA CHURCH STREET 2777 N POINCIANA BLVD VLTAVSKA 24/36 (PO BOX 5014) KISSIMMEE, FLORIDA PRAGUE 7 TROJA 17100 HAIXING YUNLONG BAY RESORT HERMANUS USA CZECH REPUBLIC TONGGU RIDGE TOURIST ZONE SOUTH AFRICA WEN CHANG CITY FOUR POINTS HTLS.SHERATON GOLDEN SHORES AT PLAZA DEL SOL HAINAN PROVINCE HILLCREST LAKE VILLAS MEDELLIN AV. LOPEZ MATEOS SUR 2375 CHINA, PEOP REP OF 27201 SNEAD DRIVE CARRERA 43C NO. 6 SUR-100 HOTEL PLAZA DEL SOL TORRE ABITA SPRINGS, LA MEDELLIN, ANTQ B PLANTA BAJA HAMEAU DES ALPES USA COLOMBIA GUADALAJARA, JAL ROUTE DE MORGINS MEXICO CH-1875 MORGINS HØJENGRAN FOUR SEASONS ON THE GULF SWITZERLAND FLAGBAKKEVEJ 26 4000 SEAWALL BLVD GOLDEN SHORES HOLIDAY CLUB GL. SKAGEN GALVESTON, TX 210 MARINE PARADE HARRIS RESORT 9990 SKAGEN USA LABRADOR, QLD WATERFRONT CITY KOMPLEKS DENMARK AUSTRALIA NO.1,SEI TEMIANG FOXFIRE GOLF & COUNTRY CLUB 29422 BATAM HOLE IN THE WALL HOTEL & HOFFMAN ROAD GOLF CLUB VILLAS AT BIG CANOE PULAU BATAM, RIAU VILLAGE PO BOX 83 90 STEVE TATE HIGHWAY INDONESIA P O BOX 13135 PINEHURST, NC MARBLE HILL, GA VINCENT USA USA HARTENBOS HOTEL SOUTH AFRICA PO BOX 350 GENTING VIEW RESORT GOLF PARK HARTENBOS HOLIDAY BEACH RESORT - PHASE II 6TH MILE GOLF DEL SUR SOUTH AFRICA 1006 E HIGHWAY 98 GENTING HIGHLANDS ROAD SAN MIGUEL DE ABONA PO BOX 125 DIST OF BENTONG TENERIFE, HARTLAND FOREST GOLF & DESTIN, FLORIDA PAHANG CANARY ISLANDS, SPAIN LEISURE PARC USA MALAYSIA WOOLSERY GRAND HOTEL TIJUANA BIDEFORD HOLIDAY CLUB CALAHONDA GEO GROUP AT CLUB FUN / BLVD AGUA CALIENTE 4558 NORTH DEVON EL MIRADOR TROPICALE COL AVIACION ENGLAND SITIO DE CALAHONDA PLAYA DORADA TIJUANA, BCN 29647 MIJAS-COSTA PUERTO PLATA MEXICO HASTINGS HALL MÁLAGA DOMINICAN REPUBLIC 12 HASTINGS STREET SPAIN GREAT GLEN WATER PARK CLUB TAMBOERSKLOOF GERES ALBUFEIRA SOUTH LAGGAN CAPE TOWN HOLIDAY CLUB KALAJOKI LUGAR DE CUBOS BY SPEAN BRIDGE SOUTH AFRICA HIEKKASARKAT VILAR DA VEIGA INVERNESS-SHIRE FIN-85100 KALAJOKI 4845-076 GERES SCOTLAND HATTERAS HIGH FINLAND PORTUGAL HIGHWAY 12 GTC RODANTHE, NC HOLIDAY CLUB RUKA LOMA GIRASOL @THE ELEGANCE SUITE HOTEL USA FIN-93600 KUUSAMO BOULEVARD KUKULKAN KM 9 88 CHARATWEING ROAD FINLAND ZONA HOTELERA SILOM ROAD CANCUN, QROO BANGKOK HOLIDAY CLUB SAARISELKA MEXICO THAILAND FIN-99830 SAARISELKA FINLAND

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 67 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 68

Resorts With 11 - 20 Units HOLIDAY CLUB SALLA HOTEL ECODECAMERON IBARAKI GENERAL HOTEL ISLAND BREEZE RESORT REVONTULENTIE 2 CAPURGANA 166 UCHIOHNO DAIGO-MACHI 13 MCHAFFIE DRIVE FIN-98900 SALLATUNTURI CAPURGANA KUJI-GUN COWES PHILLIP ISL, VIC FINLAND CAPURGANA, CHOC IBARAKI-KEN 319-3515 AUSTRALIA COLOMBIA JAPAN HOLIDAY INN TIANAN WUHAN ISLAND MANOR RESORT 868 JIEFANG DADAO HOTEL GRAMIMAR SUITES IMIRA PLAZA HOTEL CHAPEL STREET WUHAN SECTOR PLAYA NORTE VIA COSTEIRA 4077 BLOCK ISLAND, RI HUBEI PROVINCE LAS TUNITAS PQ DAS DUNAS USA CHINA, PEOP REP OF CHICHIRIVICHE, FALC NATAL, RN VENEZUELA BRAZIL ISLAND PALMS HONKA HOLIDAY AHTARI 13 THE ESPLANADE RASINKUJA HOTEL LA SIERRA SANTO DOMINGO IMPERIAL HAWAII-WORLD WIDE NELLY BAY FIN-63700 AHTARI AV. PRINCIPAL VAC CLUB MAGNETIC ISLAND, QLD FINLAND DE SANTO DOMINGO 205 LEWERS ST AUSTRALIA SANTO DOMINGO, MER HONOLULU, OAHU, HAWAII HOPE BARTON BARNS VENEZUELA USA JACKSON COURT CITY SHARES HOPE COVE 2198 JACKSON ST KINGSBRIDGE SOUTH DEVON HOTEL NASHVILLE IMPERIAL LAS PERLAS SAN FRANCISCO, CA ENGLAND PO BOX 1337 KM 2.5 AV KUKULKAN USA 245 N JEFFERSON ST ZONA HOTELERA HORIZON BEACH / NASHVILLE, IN CANCUN, QROO JACKSON HOLE LODGE TERRACE DUNES RESORT USA MEXICO 420 WEST BROADWAY ROUTE 6A P O BOX 1805 BEACH POINT HOTEL PLAYA BONITA IMPERVILLA CLUB JACKSON HOLE, WY NORTH TRURO, MA PLAYA GAVIOTAS NO. 27 PARQUE IMPERVILLA USA USA ZONA DORADA VILAMOURA MAZATLAN, SIN 8125-489 VILAMOURA JACKSON PINES HOSTERIA ESTANCIA LA CALERA MEXICO PORTUGAL 50 S MILLWARD ST PARAJE TRES ARBOLES JACKSON HOLE, WY DEPTO. DE PAISANDU, PAIS HOTEL RESIDENCE "GRAN SAS" INCLUB PALMERAIE USA URUGUAY VIA PLAN DE GRALBA 21 LES JARDINS DE 39048 SELVA DI VALGARDENA, (BZ) LA PALMERAIE JADON PLACE HOTEL AMBRE ITALY MARRAKECH 31 HOOKER BLVD BELLE-MARE MOROCCO BROADBEACH GOLD COAST, QLD MAURITIUS HOTEL SKAGEN STRAND AUSTRALIA HULSIG INNS OF WATERVILLE VALLEY HOTEL APARTAMENTO BALAIA 9990 SKAGEN 8 SNOWSBROOK ROAD JAMES STEPHEN RESORT VILLAGE PLAZA DENMARK PO BOX 411 102 IYANOUGH ROAD SANTA EULALIA WATERVILLE VALLEY, NH ROUTE 28 AREIAS SAO JOAO HOTEL SUPER RESORT BUENOS USA HYANNIS, MA 8200-913 ALBUFEIRA AIRES USA PORTUGAL PERON 940 INNSBRUCK IGLS GOLF VILLAS CAPITAL FEDERAL, BSAS PO BOX 845 JARDIM DO VAU HOTEL APARTAMENTO CLUBE ARGENTINA HELEN, GA PRAIA DO VAU OCEANO USA 8500-820 PORTIMAO RUA COLUMBANO BORDALO HOTEL VILA BOA VIDA SUITE PORTUGAL PINHEIRO RUA I LOTE 1 INTERCLUB HOTEL HOCHEGG AREIAS SAO JOAO PRAIA DA FERRADURA HOCHEGGSTR 372 JEAN LAFITTE HOUSE 8200-911 ALBUFEIRA BUZIOS, RJ A-6100 SEEFELD 613 ESPLANADE AVE PORTUGAL BRAZIL AUSTRIA NEW ORLEANS, LA USA HOTEL BAIA CADDINAS HOTEL Y CLUB VILLA DE LA PLATA INTERNAUTIC BUENOS AIRES VIALE CONCAS CADDINAS KM 3 CARRETERA A LA V.O CAMPO Y P. DE ALESSI JOMTIEN BEACH PARADISE 07020 GOLFO ARANCI, (SS) VALENCIANA DIQUE 4 PTO. MADERO 246/22 MOO 12 ITALY GUANAJUATO, GTO CAPITAL FEDERAL, BSAS LIAB HARD, JOMTIEN ROAD MEXICO ARGENTINA AMPHUR BANGLAMOONG HOTEL CANCUN MARINA CLUB CHONBURI PASEO KUKULKAN KM. 5.5 HOWARD JOHNSON LA PAZ PLAZA INTERNAUTIC PUNTA DEL ESTE THAILAND ZONA HOTELERA KM.5 CARR.A PICHILINGUE R. WILLIMAN Y CHIBERTA CANCUN, QROO LA PAZ, BCS PDA 3(MANSA)B JURERE SUMMER RESORT MEXICO MEXICO PUNTA DEL ESTE, MALD RUA FRANCISCO GOUVEA 34 URUGUAY JURERE INTERNACIONAL HOTEL CASA GRANDE GRAVATA HURRICANE HOUSE FLORIANOPOLIS, SC QUADRA JK 2939 W. GULF DRIVE ISLA DORADO BRAZIL LOTEAMENTO REDENCAO SANIBEL ISLAND, FLORIDA CALLE SIERRA NO. 30 GRAVATA, PE USA CLUB SANTIAGO KAIMANAWA LODGE BRAZIL MANZANILLO, COL TAUPAHI ROAD I GIOIELLI DEL DOGE MEXICO TURANGI HOTEL DECAMERON EL ISLENO CASTELLO 5871/A S.MARINA NEW ZEALAND AVENIDA COLOMBIA NO.5-117 CALLE DEL DOSE SAN ANDRES ISLA, SAND 30125 VENEZIA, (VE) COLOMBIA ITALY

68 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 69

Resorts With 11 - 20 Units KAPULANIKAI VACATION SUITES LA COSTA APART CLUB LAKE EDGE RESORT (NZ) LEISURE RESORTS VILLAS 73 KAPU PLACE BARRIO VILLA GUADALUPE 275 LAKE TERRACE 1400 OCEAN AVENUE KIHEI, MAUI, HAWAII VILLA DEL DIQUE, CBA KAIWAKA POINT BRIGANTINE, NJ USA ARGENTINA TAUPO, NORTH ISLAND USA NEW ZEALAND KIHEI AKAHI LA DORADA CLUB LES DIABLERETS PARC 2531 S KIHEI ROAD INTERNACIONAL LAKE SHORE VILLAGE RESORT ROUTE DU PILLON KIHEI, MAUI, HAWAII AV DIPUTACIÓN 166-168 120 COTTAGE ROAD CH-1865 LES DIABLERETS USA 43850 CAMBRILS WEARE, NH SWITZERLAND TARRAGONA USA KIKELET CLUB HOTEL SPAIN LEVI-RAKKAVAARA CLUB 1 FENYO UTCA 7 LAKE SINCLAIR VILLAGES LEVITUNTURI H-3519 MISKOLCTAPOLCA LA ERMITA PO BOX 928 FIN-99130 SIRKKA HUNGARY PARTIDO DEL DURILLO MILLEDGEVILLE, GA FINLAND 29650 MIJAS PUEBLO USA KILLINGTON TOWNHOUSES MÁLAGA LEYSIN PARC 48 INNSBRUCK LN. SPAIN LAKE VIEW CABANAS LEYSIN KILLINGTON, VT P O BOX 134 CH-1854 LEYSIN USA LA FONTAINE APART HOTEL & ST LUCIA SWITZERLAND RESORT SOUTH AFRICA KINGSTON COVE LOS CIPRESES 1840 LIGHTHOUSE POINT VILLAS SHIPYARD PLANTATION SAN MARTIN DE LOS ANDES, NQEN LAKEVIEW RESORT LEGUM & NORMAN HILTON HEAD ISLAND, SC ARGENTINA HCR 69 BOX 505 7904 COASTAL HIGHWAY USA SUNRISE BEACH, MO SUITE 1 LA MERCED VILLAGE RESORT & USA OCEAN CITY, MD KOHL'S RANCH LODGE CLUB USA HC 2, BOX 96-K RUTA PROVINCIAL 5 KM 61 LAKO MAI ISLAND RESORT EAST HWY 260 VILLA LA MERCED MALOLO ISLAND LISTEL HAMANAKO PAYSON, AZ DIQUE LOS MOLINOS PRIVATE MAIL BAG 2252-2 SETO USA CALAMUCHITA, CBA NADI AIRPORT MIKKABI-CHO ARGENTINA NADI INASA-GUN KOLI COUNTRY CLUB FIJI ISLANDS SHIZUOKA-KEN 431-1400 KOLIKESKUS LA QUINTA PARK JAPAN MERILANRANNANTIE 68 URB. LA QUINTA 41 LAOKASTI VILLAS FIN-83960 KOLI SANTA URSULA IA LITCHFIELD BY THE SEA FINLAND TENERIFE THIRA LITCHFIELD BEACH CANARY ISLANDS, SPAIN SANTORINI P O BOX 320 KOWIE RIVER CHALETS GREECE PAWLEYS ISLAND, SC ORIOLE ROAD LA RESIDENCE EBURNEA USA PORT ALFRED 06 BP 2529 LAS BRISAS DE SANTA FE SOUTH AFRICA ABIDJAN 06 624 GALISTEO ST LITTLE EDEN ABIDJAN SANTA FE, NM P O BOX 242 LA BOCA CASA BY THE OCEAN IVORY COAST USA KIEPERSOL 365 N. OCEAN BLVD. CULLINAN BOCA RATON, FLORIDA LA RESIDENCE NORMANDE LAS LOMAS DEL CORRENTOSO SOUTH AFRICA USA DEPARTEMENTALE 19 VILLA LA ANGOSTURA 40 BIS, RTE D'AMFREVILLE ESTAFETA POSTAL EL CRUCE LITTLE GULL LA BRAVADE SOUS LES MONTS VILLA LA ANGOSTURA, NQEN 5330 GULF OF MEXICO DRIVE CHEMIN DES TREILLES 27430 CONNELLES ARGENTINA LONGBOAT KEY, FLORIDA DE LA MOUTTE FRANCE USA 83900 SAINT TROPEZ LAS TERRAZAS DE CALA CODOLAR FRANCE LA TERRASSE AU SOLEIL APARTADO DE CORREOS 242 LOMA LINDA ESTATES & COUNTRY "RESIDENCE" 07830 SAN JOSÉP CLUB LA CALA BEACH CLUB ROUTE DE FONTFREDE IBIZA, BALEARIC ISLANDS 2407 DOUGLAS FIR ROAD LA CALA DE MIJAS 66400 CERET SPAIN JOPLIN, MO C/ CARTAMA 43 FRANCE USA 29649 MIJAS-COSTA LE CASTOR MÁLAGA LAGO ESPEJO RESORT CARRER DE LA SOLANA Nº 52 LOMAKYLA ONNENVIRTA SPAIN DEPARTAMENTO DE LOS PAS DE LA CASA HOTELLI KORPISELKA LAGOS ANDORRA KORPITALONTIE 5 LA CARTUJA VILLA LA ANGOSTURA, NQEN FIN-82760 HOILOLA URB. SITIO DE CALAHONDA ARGENTINA LE MAS DE CHASTELAS FINLAND C/ VIERA QUARTIER BERTAUD 29650 MIJAS-COSTA LAGUNA RESORT 83580 GASSIN LONGBOAT BAY CLUB MÁLAGA CAMP DES PECHEURS FRANCE 3200 GULF OF MEXICO DRIVE SPAIN GRAND RIVIERE SUD-EST LONGBOAT KEY, FLORIDA MAURITIUS LE PALAIS DE LA MARINE USA LA CASONA DE VIDIAGO QUAI AMIRAL PONCHARDIER BARRIO DEL CUETO S/N LAKE CARLOS VILLAS 06230 VILLEFRANCHE/MER LOR HOUSEBOAT CLUB 33597 VIDIAGO-LLANES 3954 COUNTY RD 42 NE FRANCE 2795 WESTSIDE ROAD ASTURIAS ALEXANDRIA, MN KELOWNA, BC SPAIN USA CANADA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 69 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 70

Resorts With 11 - 20 Units MAISON APART HOTEL MEDINA DEL ZOCO MOON BEACH CLUB NENASTAKO VILLAGE @ MEADOW BELGRANO NO. 2143 URB. SITIO DE CALAHONDA RAS SUDR LAKE RST MAR DEL PLATA, BSAS CTRA DE CÁDIZ KM 198 SOUTH SINAI 100 ST. ANDREWS DRIVE ARGENTINA 29650 MIJAS COSTA EGYPT COLUMBIA FALLS, MT MÁLAGA USA MANOR COURT CLUB SPAIN MORRITT'S GRAND RESORT MORETONHAMPSTEAD PO BOX 496 NEWPORT INNTOWNE NEWTON ABBOT MELIA PANAMA CANAL EAST END 20 MARY ST DEVON COLON,RESIDENCIAL ESPINAR GRAND CAYMAN ISLAND NEWPORT, RI ENGLAND ANTIGUA ESCUELA CAYMAN IS USA LAS AMERICAS MARATHON KEY BEACH CLUB II COLON MOUNT CHAMPAGNE + NEWPORT OVERLOOK 4560 OVERSEAS HWY PANAMA CENTRAL BERG 150 BAY VIEW DRIVE MARATHON, FLORIDA DRAGON PEAKS PARK JAMESTOWN, RI USA MENA HOUSE CLUB PO WINTERTON USA BAABDAT WINTERTON MARBELLA FAIRWAYS TOP OF CHALEMAR HILLS SOUTH AFRICA NICOLET SHORES URB. LAS PERGOLAS EL-METN 3136 NICOLET SHORES LANE NUEVA ANDALUCIA LEBANON MOUNT HUTT LODGE PHELPS, WI 29660 MARBELLA ZIGZAG ROAD WINDWHISTLE USA MÁLAGA MICROCLIMA RESORT STATE HWY 72/77 SPAIN AV. DEL SOL S/N Y RD12 NORTH HARBOR III LOS LAPACHOS RAKAIA 123 NORTHSHORE CIRCLE MARCO POLO CLUB HAPPY MERLO-SAN LUIS, SL NEW ZEALAND SLIDELL, LA KELLNERFELDSTR. 676 ARGENTINA USA A-5710 KAPRUN MOUNT SHEBA AUSTRIA MID CLUB SAKAKIBARA ONSEN ROBBERS PASS OASIS MARIGOT HAKUUN SO (P.O. BOX 100) MARIGOT BAY MARDI GRAS MANOR I 14443 SAKAKIBARA-CHO PILGRIMS REST P.O. BOX 387 619 GOVERNOR NICHOLLS ST HISAI-SHI SOUTH AFRICA CASTRIES NEW ORLEANS, LA MIE-KEN 514-1251 SAINT LUCIA USA JAPAN MOUNTAIN SUN CONDOMINIUM- QUARTERS OCCIDENTAL ALLEGRO PLAYACAR MARINA BAY BEACH RESORT MINA CLAVERO RESORT SNOW'S BROOK RD. LOTE HOTELERO N0.7 PO BOX 1187 SANTA RITA ESQ.LAS MORAS PO BOX 379 FRAC PLAYACAR DICKENSON BAY MINA CLAVERO, CBA WATERVILLE VALLEY, NH PLAYA DEL CARMEN, QROO LEEWARD ISLANDS ARGENTINA USA MEXICO ST JOHN'S ANTIGUA AND BARBUDA MIRADOR DEL TAFI MTC AT LANNA RESORT OCCIDENTAL C.VILLAGE RUTA PROVINCIAL 307 1 MOO 4 BANPONG DISTRICT PLAYACAR MARLIN COVE II - BLUE MARLIN KM 61.2 AMPHUR HANGDONG LOTE HOTELERO 1 MZNA 20 LEGUM & NORMAN TAFI DEL VALLE, TUC SAMERNG AVENUE FRAC PLAYACAR 7904 COASTAL HIGHWAY ARGENTINA CHIANG MAI PLAYA DEL CARMEN, QROO SUITE 1 THAILAND MEXICO OCEAN CITY, MD MIRAFLORES RANCHO CLUB USA URB.MIRAFLORES MTC AT THE GREEN PARK RESORT OCCIDENTAL CARIBBEAN VILLAGE CTRA. DE CADIZ KM 199 240/5 M.5, SOI PINGPA CANCUN MARRAKECH PALM CLUB 29650 MIJAS-COSTA NORTH PATTAYA BLVD KUKULKAN LOTE 18 AVENUE YACOUB EL MANSOUR MALAGA BANGLAMUNG FRACC III-C 4043 MARRAKECH SPAIN CHONBURI ZONA HOTELERA KM 13.5 MOROCCO THAILAND CANCUN, QROO + MIRROR LAKE RESORT MEXICO MARSH HARBOUR GOLF & YACHT 874 XANADU ROAD MTO AT MIJAS GOLF URB. PUEBLO MIJITAS CLUB WISCONSIN DELLS, WI OCCIDENTAL GRAND ARUBA APTO. CORREOS 79 10155 BEACH DRIVE SW USA J.E. JRAUSQUIN BLVD. #83 29640 FUENGIROLA PO BOX 4157 PO BOX 218 MÁLAGA CALABASH, NC MOKUSIGAS ISLAND RESORT ORANJESTAD SPAIN USA WAINIMALOVO BAY ARUBA NANANU-1-RA ISLAND MUSTANG ISLAND BEACH CLUB NETHERLANDS ANTILLES * MARTIN TERRACE - REDBUD VILLAS PO BOX 268 6275 STATE HIGHWAY 361 104 MARTIN TERRACE RAKIRAKI MUSTANG ISLAND OCEAN COVE CLUB DADEVILLE, AL FIJI ISLANDS PORT ARANSAS, TX AT PALMETTO DUNES USA USA PO BOX 21324 MONKEY VALLEY BEACH NATURE HILTON HEAD ISLAND, SC MAUI SUNSET II RESORT MWEMBE RESORT USA 1032 S. KIHEI ROAD PO BOX 114 MTANGANI ROAD KIHEI, MAUI, HAWAII MOUNTAIN RD. MALINDI OCEAN FOREST COLONY USA NOORDHOEK KENYA 5900 NORTH OCEAN BLVD CAPE TOWN MYRTLE BEACH, SC SOUTH AFRICA NAIGANI ISLAND RESORT USA NAIGANI ISLAND FIJI FIJI ISLANDS 70 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 71

Resorts With 11 - 20 Units OCEAN TOWERS BEACH CLUB PARK HOTEL CONDOMINIUMS PERNA PERNA ST LUCIA POSADA DEL BOSQUE 4311 S OCEAN BLVD 605 MAIN ST 125 MCKENZIE STREET AROMO Y BENTEVEO NORTH MYRTLE BEACH, SC P O BOX 1224 P.O.BOX 22018 CARILO, BSAS USA PARK CITY, UT GLENASHLEY ARGENTINA USA ST LUCIA OCEAN VILLAS II SOUTH AFRICA POSADA DEL SOL MILE POST 16 1/4 PARQUE DA FLORESTA AVELLANO Y PLAYA NAGS HEAD, NC GOLF & LEISURE RESORT PESTANA BAHIA CONFERENCE CARILO, BSAS USA VALE DO POCO RESORT ARGENTINA 8650-060 BUDENS RUA FONTE DO BOI 216 OCEANO BEACH CLUB PORTUGAL RIO VERMELHO POUSADA DOS TANGARAS CTRA DE CÁDIZ KM 199 SALVADOR, BA ALAMEDA 06 LOTE 04 29650 MIJAS-COSTA PASEO LA PERGOLA BRAZIL BUZIOS, RJ MÁLAGA COMODORO PY Y AV. DEL MAR BRAZIL SPAIN VALERIA DEL MAR, BSAS PINE ACRES LODGE ARGENTINA 1150 JEWELL AVE PUCON III ODESSA WHARF PACIFIC GROVE, CA HOLZAPFEL 190 ODESSA STREET PATONG TOWER CONDOMINIUM USA PUCON ROTHERHITHE 110/184 THAWEEWONG ROAD REGION DE LA ARAUCANIA LONDON PATONG PINO DORADO CLUB VACACIONAL CHILE ENGLAND PHUKET KM. 164.50 RUTA INTERBAL- THAILAND NEARIA NO.10 MANANTIALES PUEBLO CANARIO SUITES OESTERSOE FAERGEGAARD PUNTA DEL ESTE, MALD URB. PLAYA SERENA KALVEHAVE HAVNEVEJ 45 PEÑISCOLA PLAZA URUGUAY 04740 ROQUETAS DEL MAR 4771 KALVEHAVE AV. PAPA LUNA,160 ALMERÍA DENMARK 12598 PEÑISCOLA PLANTATION HOUSE SPAIN CASTELLON INTERVAL MGMT OKAWA BAY LAKE RESORT SPAIN SOUTH SEAS PLANTATION RD PUERTO COLON CLUB 366 STATE HIGHWAY 33 PO BOX 194 PUERTO COLON MOUREA PENTA EN DAYS INN OBELISCO CAPTIVA, FLORIDA COSTA ADEJE ROTORUA ACEVEDO DIAZ 1821/23 USA ADEJE NEW ZEALAND MONTEVIDEO, MTVD TENERIFE URUGUAY PLAYA DORADA ACAPULCO CANARY ISLANDS, SPAIN OTRA VEZ EN SANTA FE SUITES 202 GALISTEO ST + PEPPERTREE SANDS NAO VICTORIA 115 PUNTA GOLETA VACATION CLUB SANTA FE, NM 300 S OCEAN BLVD FRACC COSTA AZUL HTL.BARCELO PUNTA GOLETA USA NORTH MYRTLE BEACH, SC ACAPULCO, GRO CABARETE USA MEXICO DOMINICAN REPUBLIC +PACIFIC FANTASY C/O THE PONO KAI + PEPPERTREE-SANDPEBBLE BEACH PLAZA PRAIA SUITES PYRAMISA CAIRO 4-1250 KUHIO HIGHWAY CLUB RUA BARAO DE ARACATI 94 60 GIZA STREET KAPAA, KAUAI, HAWAII 215 ATLANTIC AVE MEIRELES DOKKI USA GARDEN CITY, SC FORTALEZA, CE GIZA USA BRAZIL EGYPT PACIFIC GROVE PLAZA 620 LIGHTHOUSE AVE + PEPPERTREE-SEA MYSTIQUE PORT ALFRED SANDS QUEENSTOWN MEWS PACIFIC GROVE, CA 215 ATLANTIC AVE ORIOLE ROAD 10 FRANKTON ROAD USA GARDEN CITY, SC PORT ALFRED QUEENSTOWN USA SOUTH AFRICA NEW ZEALAND PALM COURT MITTI STREET PERENNIAL VACATION PORT DE REI RADIUM VALLEY VACATION NOOSA HEADS, QLD AT IMPERIALAKES PLAZA PUNTA MONTGÓ, 7 RESORT AUSTRALIA 5925 IMPERIAL PKY STE 110 APARTADO DE CORREOS 243 BOX 129 MULBERRY, FLORIDA 17130 L'ESCALA RADIUM HOT SPRINGS, BC PALM PARK USA GERONA CANADA MARINE DRIVE SPAIN P O BOX 653 PERLA HILLS HOTEL RANCHO RUIDOSO MARGATE LA MULATA PORT ELSEWHERE CONDOMINIUMS SOUTH AFRICA SOSUA 300 ELSEWHERE DRIVE LITTLE CREEK ROAD DOMINICAN REPUBLIC P O BOX 602 PO BOX 62 PARADISE ISLE RESORT LAKE OZARK, MO ALTO, NM 620 W BEACH BLVD PERLE VENEZIANE USA USA GULF SHORES, AL C/O IMMOBILIARE SVILUPPO USA CANNAREGIO 4438 PORTAL DO ATLANTICO RECANTO DO SOL CAMPO SS APOSTOLI RUA PORTAL DA FERRADURA AV. LEOPOLDO ZARLIG 563 PARADISUS PLAYA CONCHAL ALL 30131 VENEZIA, (VE) NO. 30 BOMBAS SUITE ITALY BUZIOS, RJ BOMBINHAS, SC PLAYA CONCHAL BRAZIL BRAZIL GUANACASTE PERNA PERNA MOSSEL BAY COSTA RICA 4 UPPER CROSS STREET PORTO AZZURRO RESORT CLUB (PO BOX 464) RIDOTT STREET MOSSEL BAY XEMXIJA SOUTH AFRICA MALTA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 71 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 72

Resorts With 11 - 20 Units REDINGTON AMBASSADOR RESIDENCE MARILLEVA 1400 RHC @ STREAMSIDE AT VAIL-BIRCH ROYAL GOAN BEACH CLUB 16900 GULF BLVD LOCALITA' MARILLEVA 1400 2284 S FRONTAGE ROAD W AT LUISA NORTH REDINGTON BEACH, 38020 MEZZANA/VAL DI SOLE, (TN) VAIL, CO LUISA BY THE SEA FLORIDA ITALY USA CAVELOSSIM BEACH USA MOBOR, SALCETE RESIDENCE MASSENA RIDGECREST RESORT GOA REEF CLUB PLAYACAR 30 RUE MASSENA 3731 PLAZA WAY INDIA PASEO XAMAN-HA S/N 06000 NICE PIGEON FORGE, TN FRACC. PLAYACAR FRANCE USA ROYAL GOLF PARK PLAYA DEL CARMEN, QROO GOLF PARK RESIDENCIA MEXICO RESIDENCE MER & GOLF ILBARRITZ RIO QUENTE SUITE & FLAT II LOCAL 1-73 GOLF DEL SUR AVENUE DE LA ROSERAIE FAZENDA AGUA QUENTE S/N SAN MIGUEL DE ABONA REFLECTIONS 64210 BIDART RIO QUENTE, GO TENERIFE AT O CEAN KEY HOUSE FRANCE BRAZIL CANARY ISLANDS, SPAIN ZERO DUVAL STREET KEY WEST, FLORIDA RESIDENCE NEVADA RIVERBEND CHALETS ROYAL HOLIDAY BEACH RESORT USA AVENUE MARCELLIN PRIVATE BAG X311 TREASURE BAY RST & CASINO 06660 AURON UNDERBERG US HIGHWAY 90 REGENCY BEACH CLUB FRANCE SOUTH AFRICA 1980 BEACH BLVD C/O REGENCY CLUB BILOXI, MS URB.TORVISCAS ALTO RESIDENCE PORTO ROSA RIVERSIDE HOTEL USA ADEJE VIA PRESTI PAOLO AV. SANTOS DUMONT, TENERIFE 98054 FURNARI MARINA, (ME) ESTRADA DO COCO, KM. 7.5, ROYAL HOST CLUB / SHUSWAP CANARY ISLANDS, SPAIN ITALY NO. 8424 LAURO DE FREITAS LAKES SALVADOR, BA THREE BUOYS MARINA REGINA NUWEIBAA RESIDENCE SORAYA BRAZIL 710 RIVERSIDE AVENUE 6 ELTAKSIM ELSEYAHI RUE DE LA FOIRE SICAMOUS, BC NUWEIBAA AGADIR ROCKRIDGE I AND II CANADA SOUTH SINAI MOROCCO 41 ATLANTIC LODE DRIVE EGYPT 1000 ATLANTIC LODE DRIVE ROYAL HOST CLUB / RESIDENCE VILLA GOLF BRECKENRIDGE, CO LNDG AT SEVEN COVES RENEGADE RESORT VIA CIMA TOSA 114 USA 700 KINGSTON COVE LANE HWY 70 EAST 38084 M. DI CAMPIGLIO, (TN) WILLIS, TX PO BOX 288 ITALY ROYAL ALOHA BUTTERFIELD / USA CRAB ORCHARD, TN RAVC USA RESIDENCES CHAMOSSAIRE 886 W GALVESTON SAILFISH YACHT CLUB LEYSIN CHANDLER, AZ 504 HIGHWAY 98 EAST RESIDENCE BAIA FENICIA CASE POSTALE 65 USA DESTIN, FLORIDA VULCANELLO CH-1854 LEYSIN 1 USA 98050 VULCANO, (ME) SWITZERLAND ROYAL ALOHA KEAUHOU-KONA / ITALY RAVC SALAMANDER RESIDENCIA AZUL CLUB 78-6800 ALII DRIVE 65 LAGOON DRIVE RESIDENCE CASA BLANCA PUNTA NA RIBAS S/N KAILUA-KONA, HAWAII, HAWAII P O BOX 481 PASEO MARITIMO 101 07850 SAN CARLES USA UMHLANGA ROCKS LA CARIHUELA IBIZA, BALEARIC ISLANDS SOUTH AFRICA TORREMOLINOS SPAIN ROYAL ALOHA SPAIN / RAVC MÁLAGA NUEVA ANDALUCIA SALTO GRANDE TIEMPO SPAIN RESIDENTIE VAN GOGH C/ 13B, NO 45B COMPARTIDO P. PARMENTIERLAAN 209-211 29660 MARBELLA BIARRITZ ESQ. FERMENTARIO RESIDENCE CASTEL PORRONA B-8300 KNOKKE-HEIST MÁLAGA PUNTA DEL ESTE, MALD LOC. PORRONA 347 BELGIUM SPAIN URUGUAY 58044 CINIGIANO, (GR) ITALY RESIDENZ MANDELGARTEN ROYAL ALOHA VILLAGE BY THE SAMANA BAY VILLAGE DEIDESHEIM SEA / RAVC CARRETA SANCHEZ-SAMANA RESIDENCE DU CHAY AN DER MARLACH 21 938 S. KIHEI ROAD SAMANA BOULEVARD CARNOT D-67146 DEIDESHEIM KIHEI, MAUI, HAWAII DOMINICAN REPUBLIC 17200 ROYAN GERMANY, FEDERAL REP OF USA FRANCE SAN BERNARDO GREEN VILLAGE RESIDENZA CASA VUOTTO ROYAL BANON RESORTS CALLE OBLIGADO ESQ. MITRE RESIDENCE LE BELLEVARDE VIA OCCHIO MARINO 7 NEW HOPE ORCHARDS Y SANTIAGO DEL ESTERO SAVOIE IMMOBILIER 80073 CAPRI, (NA) NEAR CIRCUIT HOUSE SAN BERNARDO, BSAS BP 304 ITALY MANALI ARGENTINA 73150 VAL D'ISERE INDIA FRANCE RESIDENZA L'OASI SAN VICENTE HOLIDAY CLUB PORTO OTTIOLU MARINA ROYAL BEACH CLUB CLUB SAN VICENTE II RESIDENCE LE CASTEL 08020 BUDONI, (NU) 800 ESTERO BLVD AV. MONTGO PARTIDA TOSSAL 9 AVENUE CROVETTO FRERES ITALY FORT MYERS BEACH, FLORIDA 03700 DENIA MC 98000 MONACO USA ALICANTE FRANCE REX HALCYON COVE SPAIN DICKENSON BAY ST JOHNS LEEWARD ISLANDS ANTIGUA AND BARBUDA

72 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 73

Resorts With 11 - 20 Units SAND DUNE SHORES RESORT SIERRA NEVADA SPORTS CLUB SOLDIER MOUNTAIN RANCH SUN CLUB/SIERRA CANCUN 165 OCEAN AVE APARTAHOTEL TREVENQUE COUNTRY CLUB BLVD KUKULKAN KM 10 PALM BEACH SHORES, FLORIDA PLAZA DE ANDALUCIA HWY 20 ZONA HOTELERA USA 18196 SIERRA NEVADA P.O. BOX 279 CANCUN, QROO GRANADA FAIRFIELD, ID MEXICO SANDY SHORES III SPAIN USA 1425 N WACCAMAW DRIVE SUN CLUB@CLUB DE PLAYA GARDEN CITY BEACH, SC SIERRA PARK CLUB SOUTH SHORE CLUB MANZANILLO USA APTO 129 1625 S. OCEAN BLVD. CALLE DEL MAR NO.1865 NUEVA ANDALUCIA DELRAY BEACH, FLORIDA FRACC.PLAYA AZUL SANTANA RESORT CLUB 29660 MARBELLA USA COL.LAS BRISAS TRIQ IL-MASKLI MÁLAGA MANZANILLO, COL QAWRA SPAIN SOUTHERN SHORES BEACH MEXICO MALTA RESORT SIESTA CLUB HOTEL 437 W BEACH BLVD SUN LODGE OF ANGEL FIRE SARKKAIN LOMAPARATIISI KOSSUTH UTCA17 GULF SHORES, AL HIGHWAY 434 HIEKKASARKAT H-7815 HARKANY USA PO BOX 582 FIN-85100 KALAJOKI HUNGARY ANGEL FIRE, NM FINLAND SPRINGFIELD BEACH RESORT USA SIESTA FERIENCLUB SCHARNITZ 825/5 JUMNONG-POOMIVEJ RD SAVANNAH SANDS SCHARNITZ KM 210 PETCHKASEM HIGHWAY SUN MEMBERS KOBE 181 BEACH ROAD SCHARNITZ-GIESSENBACH PETCHBURI 4-13-21 KUMOCHI-CHO P O BOX 161 AUSTRIA CHA-AM CHUO-KU,KOBE-SHI AMANZIMTOTI THAILAND HYOGO-KEN 651-0056 SOUTH AFRICA SILVERSANDS, GORDONS BAY JAPAN FAURE MARINE DRIVE ST DAVIDS VACATION CLUB SEASONS AT CLUB TAHITI 2 2 SILVERSANDS ULEX RD HIGH STREET SUN MEMBERS TAKAYAMA CALLE ISLA DE LOBOS 12 GORDONS BAY ST DAVIDS 3580 MATSUNOKI-CHO PARCELA 280 SOUTH AFRICA PEMBROKESHIRE TAKAYAMA-SHI COSTA TEGUISE WALES GIFU-KEN 506-0802 LANZAROTE SINDBAD BEACH CLUB JAPAN CANARY ISLANDS, SPAIN HURGHADA ST IVES ON SHUSWAP RED SEA SITE 30-11 SUN VILLAGE SEASONS EGYPT RR #1 SANQUDI BAGA AT KNOCKTOPHER ABBEY CELISTA, BC ARPORA KNOCKTOPHER SKAGENKLIT CANADA BARDEZ CO KILKENNY HØJENSVEJ 5 GOA IRELAND GL. SKAGEN STILL WATERS VACATION RESORT INDIA 9990 SKAGEN 21 STILLWATERS TRAIL SEAVIEWS DENMARK BRANSON, MO SUNDIAL AT MUSTANG TOWERS DROMMEDARIS ROAD USA 6109 HWY 361 P O BOX 313 SKI VIEW MOUNTAIN RESORT PORT ARANSAS, TX JEFFREYS BAY 1102 SKI VIEW DRIVE STONY COURT USA SOUTH AFRICA GATLINBURG, TN AT BRYCE MOUNTAIN USA NONE SUNNY CARIBBEE BEACH HOTEL & SEMINYAK SUITES BASYE, VA CLUB BALI RESKI ASIH SKIERS LODGE USA BOX 16 JL.SARI DEWI NO.9 1235 NORFOLK AVE ADMIRALTY BAY 8 BR.BASANGKASA, SEMINYAK PO BOX 778 STOUTS HILL BEQUIA KUTA, BALI PARK CITY, UT ULEY ST VINCENT & THE GRENADINES INDONESIA USA NR DURSLEY GLOUCESTERSHIRE SUNRISE BAY RESORT & CLUB SEVEN SEAS RESORT SNOWDONIA YACHT & COUNTRY ENGLAND 10 TAMPA PLACE 77 BEACH FRONT CLUB MARCO ISLAND, FLORIDA SAN PEDRO TOWN Y FELINHELI STRATFORD COURT USA BELIZE CAERNARFON NARROWBOATS CHIRK GWYNEDD CHIRK MARINA SUNSHINE BAY BEACH CLUB SHAWNEE'S ISLAND GULF RESORT WALES CHIRK PO BOX 1709 13912 GULF BLVD WREXHAM JEFFREYS BAY MADEIRA BEACH, FLORIDA SOLANAS MAR DEL PLATA CLWYD SOUTH AFRICA USA SERRANO 2949 (EX CALLE 4) WALES PUNTA MOGOTES * SUNTERRA ELKHORN VILLAGE SHERATON 4 POINTS JERUSALEM MAR DEL PLATA, BSAS SUITES COSTA DORADA 100 ELKHORN ROAD HOTEL ARGENTINA LAZARO CARDENAS Y BENITO SUN VALLEY, ID 4 VILNAI STREET JUAREZ USA P.O.B 3686 SOLAR CLUB HOTEL BUCERIAS, NAY JERUSALEM PANORAMA UTCA 16 MEXICO * SUNTERRA FAIRWAY VILLA ISRAEL H-9400 SOPRON 2345 ALA WAI BLVD HUNGARY SUMMER OAKS HONOLULU, OAHU, HAWAII HWY 78, BOX 27 USA MERRIMAC, WI USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 73 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 74

Resorts With 11 - 20 Units * SUNTERRA KAPAA SHORE TEDA INTERNATIONAL HOTEL & THE LOFTS APARTMENTS THE SHORES 4-0900 KUHIO HIGHWY CLUB 61 SHOTOVER STREET 24060 PERDIDO BEACH BLVD KAPAA, KAUAI, HAWAII NO.8, THE 2ND AVENUE QUEENSTOWN ORANGE BEACH, AL USA TEDA NEW ZEALAND USA TIANJIN * SUNTERRA SEA MOUNTAIN CHINA, PEOP REP OF THE LUXURY CLUB,MUMBAI THE SUNSHINE CLUB 95-789 NINOLE LOOP RD SAHAR AIRPORT ROAD @ TUCANCUN BEACH PO BOX 460 TEXAS TIMESHARE IN LAKEWAY ANDHERI (EAST) BLVD. KUKULCAN LOTE 24 PAHALA, HAWAII, HAWAII 1107 RANCH RD. 620 SOUTH MUMBAI 2A ETAPA KM 13.5 USA AUSTIN, TX INDIA ZONA HOTELERA USA CANCUN, QROO * SUNTERRA VALLEY ISLE THE MAKAI CLUB COTTAGES MEXICO 4327 HONOAPIILANI HWY THE BEACH CLUB AT MARLIN BAY 4180 LEI O PAPA RD LAHAINA, MAUI, HAWAII RESORT PRINCEVILLE, KAUAI, HAWAII THE VENTURA-WORLD WIDE VAC USA MARLIN BAY USA CLUB BEQA ISLAND 2301 SOUTH OCEAN BLVD SURF PLAZA, QINGDAO FIJI ISLANDS THE MARINE QUAY CLUB BOCA RATON, FLORIDA SURF PLAZA, NO.316 CLIFF ROAD USA HONG KONG EAST RD THE BISHOP SELWYN SALCOMBE SOUTH DEVON SHANGDONG PROVINCE SELWYN ROAD ENGLAND THE VILLAGE QINGDAO PAIHIA 14,BELLALU,CHUNCHUNKUPPE CHINA, PEOP REP OF BAY OF ISLANDS THE PHOENIX RESORT POST,TAVAREKERE HOBLI NEW ZEALAND 212 LAKE TERRACE BANGALORE SOUTH DIST. SUTTON HALL TIMESHARE CLUB TAUPO BANGALORE SUTTON HALL THE CARAVELLE BEACH CLUB NEW ZEALAND INDIA SUTTON-UNDER- AV CAMARON SABALO 3001 WHITESTONECLIFFE PO.BOX 272 THE PINES AT ALPINE BAY THE VILLAS AT BANYAN BAY THIRSK NORTH YORKSHIRE MAZATLAN, SIN #2 AQUARIUS DRIVE PO BOX 91 ENGLAND MEXICO ALPINE, AL AMBERGRIS CAYE USA SAN PEDRO TOWN SWEETWATER AT WAIKIKI THE COTTAGES AT SSP BELIZE WAIKIKI BANYAN-TOWER II INTERVAL MANAGEMENT THE PLACE ON THE BAY PO BOX 558 SOUTH SEAS PLANTATION RD CNR VICTORIA & FAIRWAY ST THE VILLAS AT CHAYOFA 201 OHUA AVE. PO BOX 194 (PO BOX 50331) COUNTRY CLUB HONOLULU, OAHU, HAWAII CAPTIVA, FLORIDA WATERFRONT URBANIZACIÓN CHAYOFA USA USA CAMPS BAY LOS CRISTIANOS SOUTH AFRICA ARONA SWISS-BELHOTEL BALI AGA THE DIPLOMAT CLUB TENERIFE JLN NUSA DUA SELATAN NO.8 173 TOWER ROAD THE POINTE RESORT AND CLUB SPAIN NUSA DUA SLIEMA HIGHWAY 51 SOUTH BALI MALTA PO BOX 1066 THE VILLAS OF FOXWOOD HILLS INDONESIA MINOCQUA, WI 10 KINSTON MANOR DRIVE THE FALLS GOLF CLUB AND USA WESTMINSTER, SC TABLE ROCK RESORT RESORT USA 144 SLIDING ROCK ROAD 1750 N FALLS DRIVE THE PROSPECTOR AT ASPEN PICKENS, SC NEW ULM, TX 301 E HYMAN AVE THE VILLAS OF PALM SPRINGS USA USA ASPEN, CO 1650 CALLE PALO FIERRO USA PALM SPRINGS, CA TAHKOVUORI THE FFORT HOLIDAY KLUB USA C/O HOTELLI TAHKOVUORI C/O.GGL HOTEL & RESORT CO THE QUAYSIDERS CLUB FIN-73310 TAHKOVUORI P.B.#1, SARISA DISTRICT BORRANS ROAD THERM CHITOSE DOMINIO FINLAND CALCUTTA, WEST BENGAL WATERHEAD 1-6 BUNKYO 24 PARGANAS (SOUTH) AMBLESIDE CUMBRIA CHITOSE-SHI TAIHU-VENICE GARDEN INDIA ENGLAND HOKKAIDO 066-0052 DONGJIANG TOWN JAPAN JIANGSU PROVINCE THE GLASGOW RESIDENCE THE RIDGE RESORT WUXI CITY ONE DEVONSHIRE GARDENS GOLDFIELD HEIGHTS THUNDER MOUNTAIN CHINA, PEOP REP OF GLASGOW QUEENSTOWN CONDOMINIUM SCOTLAND NEW ZEALAND 2030 WALTON CREEK RD TARANOVA - VILLAS PALMAS STEAMBOAT SPRINGS, CO 200 METROS ESTE THE HARBOR @ DEPOE BAY THE RIVERSIDE HOTEL USA 100 METROS SUR DEL INTVL OWN 10 NORTHWAY HOTEL IRAZU 549 P.O BOX 339T DURBAN NORTH TIMBER TRAIL MANALI SAN JOSE LA URUCA DEPOE BAY, OR DURBAN PRINI COSTA RICA USA SOUTH AFRICA MANALI INDIA TASUCU BEST RESORT HOTEL THE HORSESHOE POINT RST & THE SANDPIPER CONDOMINIUM ATATURK CADDESI NO: 97 CTRY CLUB 1815 N. HARBOR DRIVE TOWN VILLAGE RESORT TASUCU, SILIFKE 100 MOO 9 LINCOLN CITY, OR 515 AIRPORT ROAD ICEL TAMBON PONG USA GATLINBURG, TN TURKEY AMPHUR BANGLAMUNG USA CHONBURI THAILAND

74 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 75

Resorts With 11 - 20 Units TRADE WINDS CRUISE CLUB- UMBRELLA BEACH RESORT VILLA CHALET SN CRISTOBAL VILLAS JAZMIN EN COSTAMBAR GRENADINES 3805 GULF DRIVE HTL RST PO BOX 628 PORT ELIZABETH HOLMES BEACH, FLORIDA MUNICIPIO GUASIMOS CRISTOBAL COLON-COSTAMBAR P.O.BOX 194 USA SECTOR LA LAGUNA PUERTO PLATA BEQUIA EL PEDREGAL DOMINICAN REPUBLIC ST VINCENT & THE GRENADINES URBANIZACION SAN FERNANDO SAN CRISTOBAL, TACH C/PARTIDA AIGUA MORTA S/N VENEZUELA VILLAS OF OCEAN PINES TRADE WINDS CRUISE CLUB- APDO CORREOS 24 11029 CATHELL ROAD ST.MARTIN 46780 OLIVA VILLA FLAVIO GIOIA BERLIN, MD 3, QUAY DES ARTISTES VALENCIA PIAZZA FLAVIO GIOIA 2 USA LA MARINA PORT LA ROYALE SPAIN 84017 POSITANO, (SA) MARIGOT ITALY VISTA DO RIO ST. MARTIN VACANCES GOLF SURVEY NO.77/0,PLOT # "E" NETHERLANDS ANTILLES DEL VALLE FERTIL 1314 VILLA L'AUBERGE (PART),AHEAD OF PDA PLOTS E/ DE LA LISA Y MERLUZA 1540 CAMINO DEL MAR OPP CATERING COLLEGE TRC SPRINGS CLUB PINAMAR, BSAS DEL MAR, CA ALTO PORVORIM - GOA 630 OHRI ARGENTINA USA INDIA UBUYAMA-MURA AS0-GUN VACATION CLUB II VILLA PIREN PUERTO MADRYN VIVA CLUB KUMAMOTO-KEN 869-27 5820 SHANTY CREEK RD AV. ROCA 439 VILLAGE VIVA JAPAN BELLAIRE, MI PUERTO MADRYN, CHBT BAS DU FORT USA ARGENTINA 97190 GOSIER TREASURE SHORES GUADELOUPE 10360 GULF BLVD VACATION CLUB INTERNATIONAL VILLA VERA HOTEL & RACQUET TREASURE ISLAND, FLORIDA 149 ARROWHEAD TRAIL CLUB VUOKATTI COUNTRY CLUB USA CADIZ, KY LOMAS DEL MAR 35 VUOKATINPORTINTIE USA FRACC.CLUB DEPORTIVO FIN-88610 VUOKATTI TREGENNA COUNTRY CLUB ACAPULCO, GRO FINLAND TREGENNA CASTLE HOLIDAY & VACATION CONDOS MEXICO LEISURE CLUB AT TAPATIO CLIFFS WEST BRANSON BLUFFS ST IVES 10410 N CAVE CREEK RD VILLA VERA PUERTO MIO 79 CLUBHOUSE LANE CORNWALL UNIT 1060 PASEO DEL MORRO 5 GALENA, MO ENGLAND PHOENIX, AZ PLAYA EL ALMACEN USA USA ZIHUATANEJO, GRO TRENYTHON MANOR AND MEXICO WESTERN WORLD RESORTS COUNTRY CLUB VACATION TIME CONDOMINIUMS VACATION CLUB TYWARDREATH @ VICC VILLAGE BY THE GULF 3325 MEADOW LANE/ PAR 2901 CENTRAL BLVD #B 1148 W BEACH BLVD 2030 WALTON CREEK ROAD CORNWALL BROWNSVILLE, TX GULF SHORES, AL P O BOX 772895 ENGLAND USA USA STEAMBOAT SPRINGS, CO USA TRIANA GOLF VACATION VILLAS AT THE SUMMIT VILLAGE CALLINAGO URB. VILLAMARTIN 25795 HIGHWAY N POINTE DE LA VERDURE WESTWIND CLUB CTRA N-332 KM 50 CLARKSVILLE, MO 97190 GOSIER P.O. BOX N-10481 03189 ORIHUELA COSTA USA GUADELOUPE CABLE BEACH ALICANTE NEW PROVIDENCE ISLAND SPAIN VADELLA PUEBLO COUNTRY CLUB VILLAGE MAS BLANC BAHAMAS APTO. CORREOS 322 PARC DE L'ESTELLE TROPICAL CLUB HOTEL CALA VADELLA ROUTE DES LATTES WHISKI JACK CAMINHO CAIS DA OLIVEIRA 07830 SAN JOSÉ 34470 PEROLS AT LAKE PLACID LODGE CANICO DE BAIXO IBIZA, BALEARIC ISLANDS FRANCE #104 - 4319 MAIN STREET 9125-028 CANICO, MADEIRA SPAIN WHISTLER, BC PORTUGAL VILLAGGIO LENTIA CANADA VERLORENKLOOF ESTATE LOCALITA' LENTIA TROPICANA CARIBE WELGEDACHT FARM 98050 VULCANO, (ME) WHISKI JACK AT NORTHSTAR PLAYA DORADA DISTRICT LYDENBURG ITALY #104 - 4319 MAIN STREET PUERTO PLATA P.O. BOX 66 WHISTLER, BC DOMINICAN REPUBLIC LYDENBURG VILLAS CABO CORAL CANADA SOUTH AFRICA VELERO Y ANDRES DE TURNER HEIGHTS TOWNHOUSES URDANETA WHISKI JACK AT THE WOODRUN TOP OF TURNER STREET VIEW HOTEL SAKURAJIMA BARRA DE NAVIDAD, JAL #104 - 4319 MAIN STREET QUEENSTOWN 7280, FUKUYAMA, MEXICO WHISTLER, BC NEW ZEALAND FUKUYAMA-CHO, CANADA AIRA-GUN VILLAS DEL PACIFICO TYNE BEACH TERRACE KAGOSHIMA-KEN 899-4501 PUERTO SAN JOSE WHISKI JACK GLOVERLANE JAPAN DEPTO. ESCUINTLA AT TYNDALL STONE LODGE PO BOX F-3213 ESCUINTLA-GUATEMALA #104 - 4319 MAIN STREET FREEPORT GUATEMALA WHISTLER, BC GRAND BAHAMA ISLAND CANADA BAHAMAS

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 75 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 76

Resorts With 11 - 20 Units WHISKI JACK +WORLDMARK PISMO BEACH ALBIR GARDEN ALTO GOLF AND COUNTRY CLUB AT VILLAGE GATE HOUSE 100 OCEAN VIEW AVE C. VIEJO DE ALTEA 29 QUINTA DO ALTO DO POCO #104 - 4319 MAIN STREET PISMO BEACH, CA PLAYA DEL ALBIR APARTADO 1 WHISTLER, BC USA 03580 ALFAZ DEL PI ALVOR CANADA ALICANTE 8501-906 PORTIMAO +WORLDMARK RUNNING Y SPAIN PORTUGAL WHISKI JACK AT WHISTLER CREEK 5500 RUNNING Y ROAD #104 - 4319 MAIN STREET KLAMATH FALLS, OR ALDEA ANDINA ALTO MANTAGUA WHISTLER, BC USA AV DE LOS PIONEROS KM 2 CAMINO CON-CON/QUINTERO CANADA CAMINO DEL FALDEO (7.5 KM. DE ROTONDA DE +WORLDMARK VALLEY ISLE SAN CARLOS DE BARILOCHE, RN CON-CON) WHISTLER VACATION CLUB 4327 L HONOAPIILANI RD ARGENTINA V REGION @ L.P. LODGE LAHAINA, MAUI, HAWAII CHILE 2050 LAKE PLACID ROAD USA ALDEA BONSAI WHISTLER, BC URB. SIESTA ALVOR ATLANTIC HOTEL CANADA WYNNWOOD TOWNHOMES C/ FICUS 14 PRAIA DO ALVOR 25 CHAPEL HILL CIRCLE 07840 STA.EULALIA DEL RÍO 8501-904 ALVOR WHITE SANDS RESORT CLUB SAN ANTONIO, TX IBIZA, BALEARIC ISLANDS PORTUGAL 260 THIRD ST S. USA SPAIN NAPLES, FLORIDA ALVOR BEACH CLUB USA YELLOWSTONE VILLAGE ALFAGAR VILLAGE HOTEL ALVOR PRAIA PO BOX 973 BALAIA PRAIA DOS 3 IRMAOS WHITECLIFFS BEACH RESORT WEST YELLOWSTONE, MT APARTADO 866 8501-904 ALVOR 8 ELGAN AVENUE USA 8200-912 ALBUFEIRA PORTUGAL RYE, VIC PORTUGAL AUSTRALIA ZARZAS AMER VAC RES RESIDENCIAL LA SELLA ALFAZ PARADISE CLUB @ BELLEAIR BEACH CLUB WILLIAM'S LANDING 03750 PEDREGUER C/ BADIA 50 3200 N. GULF BLVD. RR#2 ALICANTE PLAYA DEL ALBIR BELLEAIR BEACH, FLORIDA HALIBURTON, ON SPAIN 03581 ALFAZ DEL PI USA CANADA ALICANTE SPAIN AMER VAC RES @ GOLF COLONY WIND IN THE PINES 1841 COLONY DRIVE 949 S MAIN ST ALHAMBRA VILLAS AT POINCIANA SURFSIDE BEACH, SC GREAT BARRINGTON, MA Resorts With 21 - 50 Units 500 E CYPRESS PARKWAY USA USA POINCIANA, FLORIDA 4 SEASONS AT BEECH USA AMER VAC RES WINDY SHORES II 608 BEECH MOUNTAIN PKY @ HILTON HEAD ISLAND 3217 SOUTH OCEAN BLVD BEECH MOUNTAIN, NC ALLURE MAYAN RIVIERA 40 FOLLY FIELD RD NORTH MYRTLE BEACH, SC USA CARRETERA CHETUMAL-PUERTO HILTON HEAD, SC USA JUAREZ KM.234 USA 4 SEASONS AT DESERT BREEZES TANKAH-RIVIERA MAYA WIVC ALTA VISTA 77-955 CALLE LAS BRISAS S TULUM, QROO AMER VAC RES PROLONGACION PULPITO #115 PALM DESERT, CA MEXICO @ THE BEACH QUARTERS COL. ALTA VISTA USA 3711 S. ATLANTIC AVE PUERTO VALLARTA, JAL ALOHA VILLAS OWNERS CLUB DAYTONA BEACH SHORES, FLORIDA MEXICO A PLACE URB. NUEVA ANDALUCIA USA @ THE BEACH - WINDY HILL APTO CORREOS 174 WIVC CONCHAS CHINAS WINDY HILL SECTION 29660 MARBELLA AMER VAC RS #105 4525 S OCEAN BLVD MÁLAGA @ SEA SHELLS BEACH CLUB RINCONADA DE LAS OSTRAS NORTH MYRTLE BEACH, SC SPAIN 1014 N. ATLANTIC AVE PUERTO VALLARTA, JAL USA DAYTONA BEACH, FLORIDA MEXICO ALPINE CREST / USA ABBAZIA COUNTRY CLUB RESORT CLUB OF HELEN +WORLDMARK BASS LAKE HRSZ. 084 CARRIE COX DRIVE AMIRAL 5 PRESTIGE VIP 53134 RD 432 H-8976 NEMESNEP PO BOX 789 KONUTLARI BASS LAKE, CA HUNGARY HELEN, GA ELMADAG CADDESI YENI USA USA HASTANE ONU ACUARIUM SUITE RESORT BODRUM, MUGLA +WORLDMARK LAKE CHELAN CALLE 11, #5 ALPINE VILLAGE TURKEY SHORES ENSANCHE ISABELITA 40 NATIONAL FOREST DRIVE 100 LAKE CHELAN SHORES DR SANTO DOMINGO BURNSVILLE, NC AMRUTHA CASTLE CHELAN, WA DOMINICAN REPUBLIC USA 5-9-16 USA SAIFABAD, OPP SECRETARIAT ALBAYZIN DEL MAR ALTAMIRA CLUB HYDERABAD +WORLDMARK MCCALL AVDA COSTA DEL SOL 23 CALLE EL BERIL S/N INDIA 804 SORRELL COURT 18690 ALMUÑECAR LA CALETA MCCALL, ID GRANADA ADEJE ANCHORAGE RESORT AND YACHT USA SPAIN TENERIFE CLUB CANARY ISLANDS, SPAIN 107800 OVERSEAS HIGHWAY KEY LARGO, FLORIDA USA

76 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 77

Resorts With 21 - 50 Units ANEZINA VILLAGE ATC AT THARA PATONG BEACH ATLAS AT PATTAYA HILL RESORT BALMORAL DRIOS PAROU RESORT 329 PRATAMNUG ROAD 40 AVENUE LEOPOLD II PAROS CYCLADES 170 THAWEEWONGSE ROAD PATTAYA B-4900 SPA GREECE PATONG BEACH THAILAND BELGIUM PHUKET ANFI PALACE MUERREN THAILAND ATLAS AT RGBC AT BENAULIM BANANA BEACH HOLIDAY RESORT PALACE HOTEL CALVADDO TOUCAN STREET MUERREN ATLANTIC CLUB CAMPANARIO BENAULIM BANANA BEACH SWITZERLAND CALAHONDA SALCETTE SOUTH AFRICA AVDA. DE ESPAÑA, 22 GOA APARTAMENTOS PUEBLO URB. SITIO DE CALAHONDA INDIA BANFF GATE MOUNTAIN RESORT CANARIO 29650 MIJAS COSTA BOX 8113 URB. PLAYA SERENA MÁLAGA ATLAS AT TRENYTHON MANOR CANMORE, AB 04740 ROQUETAS DEL MAR SPAIN TYWARDREATH CANADA ALMERÍA PAR SPAIN ATLANTIC TERRACE CORNWALL BANTRY BAY 3629 S. ATLANTIC AVE. ENGLAND 44A VICTORIA ROAD APARTHOTEL HEVIZ DAYTONA BEACH SHORES, FLORIDA BANTRY BAY ERZSEBET KIRALYNE U. 19 USA AUCHRANNIE COUNTRY CLUB SOUTH AFRICA H-8380 HEVIZ BRODICK HUNGARY ATLAS AT CLUB ALEGRIA ISLE OF ARRAN BANYAN HARBOR APTOS. VILLA FLORIDA SCOTLAND 3411 WILCOX ROAD APARTHOTEL MAE D AGUA CALETA DCE FUSTE LIHUE, KAUAI, HAWAII LUGAR DA MAE D AGUA (ANTIGUA) AVALON USA BOM JESUS FUERTEVENTURA 735 SOUTH A1A 4710-462 BRAGA CANARY ISLANDS, SPAIN DEERFIELD BEACH, FLORIDA BAREFOOT CONDOMINIUMS PORTUGAL USA 21111 BAREFOOT LOOP ATLAS AT CLUB LA MAR LEAD, SD APOLLO THERMAL APARTMENTS AV. MARITIMA 25 AVALON SPRINGS USA MATYAS KIRALY SETANY PUERTO SANTIAGO PO BOX 110 12-14 SANTIAGO DEL TEIDE MONTAGU BARNSDALE COUNTRY CLUB H-4200 HAJDUSZOBOSZLO TENERIFE SOUTH AFRICA BARNSDALE HUNGARY CANARY ISLANDS, SPAIN NR OAKHAM +AVENUE PLAZA RESORT AND RUTLAND APPLE VALLEY RESORT ATLAS AT CLUB LA RIVIERA PRO SPA ENGLAND 428 CLUBHOUSE DRIVE URB. RIVIERA DEL SOL 2111 ST CHARLES AVENUE HOWARD, OH CALLE SATURNO S/N NEW ORLEANS, LA BARRIER ISLAND'S OCEAN PINES USA 29650 MIJAS-COSTA USA BEACH MALAGA 1403 DUCK ROAD AQUA PARK HOTELS SPAIN B. MAE'S RESORT INN & SUITES DUCK, NC CUKURBAG YARIMADASI JUNCTION NH USA KAS ATLAS ROUTES 11 AND 11B ANTALYA AT CLUB MARITIMO RONDA III GILFORD, NH BAY CLUB OF SANDESTIN TURKEY PASEO MARITIMO USA 120 SANDESTIN BLVD NORTH LOS BOLICHES DESTIN, FLORIDA AQUAVILLE RESORT 29640 FUENGIROLA BAHIA AZUL USA AV. LITORANEA NO.1000 MALAGA CTRA LAS MARINAS KM 5,200 PORTO DAS DUNAS SPAIN 03700 DENIA BAY SHORE INN AQUIRAZ, CE ALICANTE 4205 BAY SHORE DR BRAZIL ATLAS SPAIN STURGEON BAY, WI AT CLUB PUEBLO CANARIO II USA ARUBA MILLENNIUM RESORT URB. PLAYA SERENA BAHIA COIQUE PALM BEACH 33 04740 ROQUETAS DE MAR CAMINO A LA PLAYA S/N BAYWATER VILLAGE ORANJESTAD ALMERÍA FUTRONO N2 MAIN ROAD ARUBA SPAIN LAGO RANCO-X REGION (PO BOX 275) NETHERLANDS ANTILLES CHILE SEDGEFIELD ATLAS AT CPV AT TORRE OCEANO SOUTH AFRICA ASEANIA RESORT LANGKAWI C/O AZTEC COUNTRY CLUB BAILEYS HARBOR YACHT CLUB JLN PANTAI TENGAH URB. RIVIERA DEL SOL RESORT BEAR LAKE TIMESHARE MUKIM KEDAWANG 29650 MIJAS-COSTA 8151 RIDGES RD 757 E. 2180 S. LANGKAWI MALAGA BAILEYS HARBOR, WI GARDEN CITY, UT KEDAH DARULAMAN SPAIN USA USA MALAYSIA ATLAS AT FERIENCLUB AMADEUS BALAIA PARK BELLBRAE COUNTRY CLUB ATALAYA TOWERS BRAEULEITEN 8 BALAIA GOLF VILLAGE 10 WOODACRES ROAD 912 N WACCAMAW DRIVE A-5550 RADSTADT SITIO DA BALAIA RMB GARDEN CITY BEACH, SC AUSTRIA QUINTA DA SEMINA BELLBRAE, VIC USA 8200-912 ALBUFEIRA AUSTRALIA ATLAS AT HEVER COUNTRY CLUB PORTUGAL HEVER EDENBRIDGE KENT ENGLAND

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 77 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 78

Resorts With 21 - 50 Units BERJAYA TIOMAN BEACH RESORT BOMBINHAS TOURIST APART BUSSELTON BEACH RESORT CANALTIME LOT 689 HOTEL CNR MARINE TERRACE @ ALVECOTE MARINA VILLAGE TIOMAN ISLAND RUA CHERNE 880 AND GUERIN STREET ALVECOTE MARINA VILLAGE PAHANG CENTRO BUSSELTON, WA ROBEY'S LANE MALAYSIA BOMBINHAS, SC AUSTRALIA TAMWORTH BRAZIL STAFFS BERJAYA TIOMAN SUITES CABANAS DE BUZIOS ENGLAND LOT 689 BONITA RESORT & CLUB AV. JOSE BENTO RIBEIRO TIOMAN ISLAND 26101 HICKORY BLVD DANTAS 1313 CANALTIME AT SAWLEY MARINA PAHANG BONITA BEACH, FLORIDA MANGUINHOS SAWLEY MALAYSIA USA BUZIOS, RJ LONG EATON BRAZIL NOTTINGHAM BERKSHIRE ON THE OCEAN BOTHANIA HILLS ENGLAND 1775 S. OCEAN BLVD. WELGEVONDEN FARM CABANAS GOLDEN CLUB DELRAY BEACH, FLORIDA P O BOX 76 SITIO DE CANADA CANDIA PARK VILLAGE USA NABOOMSPRUIT CABANAS AGIOS NIKOLAOS SOUTH AFRICA 8800-591 TAVIRA CRETE BEST WESTERN FLAMINGO PORTUGAL GREECE TURQUESA BRANTRIDGE PARK PLAYA FLAMINGO BALCOMBE CABO VILLAS CAPE COD HOLIDAY ESTATES FLAMINGO GUANACASTE WEST SUSSEX CALLEJON DEL PESCADOR S/N 97 FOUR SEASONS DRIVE GUANACASTE ENGLAND COL. EL MEDANO MASHPEE, MA COSTA RICA CABO SAN LUCAS, BCS USA BRASIL TROPICAL RESIDENCE MEXICO BEST WESTERN MARGARITA AVENIDA ABOLICAO 2323 CAPE WINDS RESORT DYNASTY MEIRELES CALINI BEACH CLUB 657 W. MAIN STREET LOS UVEROS FORTALEZA, CE 1030 SEASIDE DRIVE HYANNIS, MA COSTA AZUL BRAZIL SARASOTA, FLORIDA USA PORLAMAR USA ISLA DE MARGARITA, NESP BREEZY SHORES RESORT & BEACH CAPISTRANO SURFSIDE INN VENEZUELA CLUB CALLAO GARDEN ** 34680 COAST HWY 1275 W LAKE DRIVE CALLAO SALVAJE CAPISTRANO BEACH, CA BIRCHWOOD LODGE DETROIT LAKES, MN ADEJE USA 337 HIGHWAY 57 USA TENERIFE PO BOX 646 CANARY ISLANDS, SPAIN CAPO CERASO SISTER BAY, WI BRIGANTINE BEACH CLUB LOCALITA' MURTA MARIA USA 4500 W BRIGANTINE AVE CALOOSA COVE RESORT CAPO CERASO BRIGANTINE, NJ M-M 73 1/2 73801 OVERSEAS 07026 OLBIA, (SS) BLUE HERON USA ISLAMORADA, FLORIDA ITALY E 6520 HIGHWAY 106 USA UNION, WA BRIGANTINE QUARTERS CAPRI WATERS COUNTRY CLUB USA SHIPYARD PLANTATION CAMARON COVE MELBOURNE ROAD 55 BARCELONA ROAD 2402 N GULF BLVD MULWALA, NSW BLUE RIDGE MOUNTAIN HILTON HEAD ISLAND, SC INDIAN ROCKS BEACH, FLORIDA AUSTRALIA HOUSEBOATS USA USA HOUSEBOAT DOCK CAPTAIN NIKOLAS ISLAND ECOL 451 WILDERNESS CAMP RD BRITISH HILLS CAMBRILS PARK RST HTL WHITE, GA 1-8 AZA SHIBAKUSA AV. RIERA D ALFORJA, 8 RODOVIA AL 101 NTE KM 40 USA OHAZA TARAWO BLOQUE 4 - LOCAL F ILHA DA CROA TEN-EI MURA, IWASE-GUN 43850 CAMBRILS BARRA STO ANTONIO, AL BLUE RIVER CONDOMINIUMS FUKUSHIMA-KEN 962-0622 TARRAGONA BRAZIL P O BOX 1942 JAPAN SPAIN BRECKENRIDGE, CO CARIBBEAN BEACH CLUB USA BROCKWAY SPRINGS RESORT CAMELOT BY THE SEA 7600 ESTERO BLVD 101 CHIPMUNK ST. 1801 GULF WAY FORT MYERS BEACH, FLORIDA BOARDWALK ONE PO BOX 276 PASS-A-GRILLE BEACH USA FIRST STREET KINGS BEACH, CA ST PETE BEACH, FLORIDA AND BOARDWALK USA USA CARIBBEAN ESTATES OCEAN CITY, MD SOUTH COAST RD USA BRYAN'S SPANISH COVE CAMEL'S SPRING CLUB P O BOX 682 13875 STATE ROAD 535 C/ DE LA ROSA PORT EDWARD BODIE ISLAND BEACH CLUB ORLANDO, FLORIDA COSTA TEGUISE SOUTH AFRICA 8123 S OLD OREGON USA LANZAROTE INLET ROAD CANARY ISLANDS, SPAIN CARIBBEAN REEF CLUB NAGS HEAD, NC BUGIBBA HOLIDAY COMPLEX AT VILLA MARINA USA TOURIST STREET CAMPANARIO DE CALAHONDA 500 MTS S CAR FERRY DOCK ST PAUL'S BAY URB. SITIO DE CALAHONDA PUERTO MORELOS, QROO BOHEMIA GOLD CLUB STEKL MALTA AVDA DE ESPAÑA S/N MEXICO STEKL HOTEL 29650 MIJAS COSTA HLUBOKA NAD VLTAVOU BUSH BABY RESORT MÁLAGA CZECH REPUBLIC LOC. SILVERSAND SPAIN MALINDI KENYA

78 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 79

Resorts With 21 - 50 Units CARIBE BEACH RESORT CHARLESTON CONDOMINIUMS CIRCLE J CLUB AT JEREMY RANCH CLC AT THE VILLAGE HOLIDAY 2669 W. GULF DRIVE STATE HIGHWAY HH 4065 JEREMY WOODS ROAD CLUB P O BOX 158 PO BOX 215 PARK CITY, UT KOUTOULOUFARI SANIBEL ISLAND, FLORIDA LAKE OZARK, MO USA LIMENAS HERSONISSOU USA USA NOMOS IRAKLIOU CIVIS GRAND HOTEL ARANYBIKA CRETE CARILO PARADISE CHART HOUSE SUITES / PIAC UTCA 11-15 GREECE BOYERO (ENTRE AVELLANO Y CLEARWATER BAY H-4025 DEBRECEN AROMO) 850 BAYWAY BLVD HUNGARY CLIFFTOP CLUB CARILO, BSAS CLEARWATER BEACH, FLORIDA AULI SKIING RESORT ARGENTINA USA CLC AT CLUB CALAHONDA AULI URB. SITIO DE CALAHONDA JOSHIMATH CARLTON TOWER SUITES CHARTER CLUB RESORT CRTA DE CADIZ KM 196,5 CHAMOLI DIST. LARGO ANTONIO NOBRE ON NAPLES BAY 29650 MIJAS-COSTA INDIA 9004-531 FUNCHAL, MADEIRA 1000 10TH AVENUE S. MALAGA PORTUGAL NAPLES, FLORIDA SPAIN CLOVER CLUB USA TRIQ IT-TARTARUN CARVYNICK COTTAGES CLC AT CLUB DELTA MAR QAWRA SUMMERCOURT CHATEAU CHARMANT URB. RIVERA DEL SOL MALTA NEWQUAY 4512 W BEACH C/ LIBRA CORNWALL GULFPORT, MS 29650 MIJAS-COSTA CLOVER RIDGE ENGLAND USA MALAGA 5071 CLOVER RIDGE ROAD SPAIN PANORA, IA CASA BLANCA RESORT CHATEAU COUNTRY CLUB USA 11115 FRONT BEACH ROAD DE TREDION CLC AT CLUB MARBELLA PANAMA CITY BEACH, FLORIDA TREDION URB. SITIO DE CALAHONDA CLUB ALEGRIA USA 56250 ELVEN C/ MONTE PARAISO APTOS. VILLA FLORIDA FRANCE 29650 MIJAS COSTA CALETA DE FUSTE CASA CANAZEI MALAGA (ANTIGUA) VIA COSTA 82 CHATEAU LEGRAND SPAIN FUERTEVENTURA 38030 ALBA CANAZEI, (TN) 1130 BEACH BLVD CANARY ISLANDS, SPAIN ITALY BILOXI, MS CLC AT LEONIKI RESIDENCE USA PLATANES CLUB AMBASSADOR PARQUE CASA CAVALESE RETHYMNO FARRAIS VIA BRUNETTA 26 CHATEAU ORLEANS CRETE C/ GRANADOS 18 38033 CAVALESE, (TN) 240 BURGUNDY ST GREECE URB. DURAZNO ITALY NEW ORLEANS, LA PUERTO DE LA CRUZ USA CLC AT MIRAFLORES BEACH CLUB TENERIFE CASABLANCA TIEMPO URB. MIRAFLORES CANARY ISLANDS, SPAIN COMPARTIDO * CHATEAU ROUGE LODGE CTRA DE CADIZ KM 199 VIEDMA 1151 Y LAMARQUE ROUTE 2 BOX 3410 29650 MIJAS-COSTA CLUB BALI LAS GRUTAS, RN RED LODGE, MT MALAGA @ JAYAKARTA BALI RESIDENCE ARGENTINA USA SPAIN JL. WERKUDARA LEGIAN KUTA CASINOMAR CHERATING HOLIDAY VILLA CLC AT MIRAFLORES VACATION BALI URB. TORREQUEBRADA LOT 1303, MK. SG. KARANG CLUB INDONESIA AVDA. EUROPA S/N APT 88 CHERATING, 26080 HACIENDA MIRAFLORES 29630 BENALMÁDENA-COSTA PAHANG CTRA DE CADIZ KM 199 CLUB BALI HAI MOOREA MÁLAGA MALAYSIA 29650 MIJAS-COSTA P. O. BOX 8 SPAIN MALAGA MAHAREPA CHERRY ORCHARD TIMESHARE SPAIN MOOREA (TAHITI) CASTEL CLUB CHERRY ORCHARD APARTHOTEL FRENCH POLYNESIA RESIDENCES LEYSIN PARC STATION ROAD CLC AT PANTGLAS OWNERS CLUB ROUTE DE COULLONGE PORT ERIN LLANFYNYDD CLUB BENA VISTA CH-1854 LEYSIN ISLE OF MAN NR CARMARTHEN CTRO. COMERCIAL BENAVISTA SWITZERLAND CARMARTHENSHIRE CTRA DE CÁDIZ KM 167 CHETOLA RESORT WALES 29688 ESTEPONA CATEDRAL SKI VILLAGE NORTH MAIN STREET MÁLAGA VILLA CERRO CATEDRAL PO BOX 17 CLC AT ROYAL RESERVE SAFARI SPAIN SAN CARLOS DE BARILOCHE, RN BLOWING ROCK, NC PO BOX 34190 ARGENTINA USA KIKAMBALA, KANAMAI CLUB CALA DE MAR CONFERENCE BEACH ROAD URB. ES SEMENTER CATHEDRAL LEDGE RESORT CHURCH STREET INN MOMBASA C/ VOLTOR ESQ.C/ LA BASSA JUNCTION ROUTES 16/302 & 177 CHURCH STREET KENYA 07650 SANTANYI 16A CHARLESTON, SC MALLORCA,BALEARIC ISLANDS INTERVALE, NH USA CLC AT SUNSET BEACH CLUB SPAIN USA AVENIDA DEL SOL, NO 5 CIELOALTO 29630 BENALMADENA-COSTA CLUB CALA VADELLA CELEBRATION WORLD RESORT II MAISON DE VACANCES MALAGA APTO. CORREOS 17 7503 ATLANTIS WAY CONDOMINIO GRANDE OURSE SPAIN CALA VADELLA KISSIMMEE, FLORIDA LOCALITA' CIELOALTO 07830 SAN JOSÉ USA 11021 BREUIL CERVINIA, (AO) IBIZA, BALEARIC ISLANDS ITALY SPAIN

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 79 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 80

Resorts With 21 - 50 Units CLUB CARIBBEAN CLUB LA COSTA CLUB MAHINDRA LAKE VIEW - CLUB PYLA BEACH RESORT MAIN ST AT MARINA DORADA MUNNAR C/O TSIALIS HOTEL RUNAWAY BAY URB MARINA DEL SOL CHINNAKANAL VILLAGE APARTMENTS ST ANN'S CTRA DE CÁDIZ KM 206 SURYANELLI DHEKELIA ROAD JAMAICA 29650 MIJAS-COSTA VIA IDDUKI DISTRICT LARNACA MÁLAGA MUNNAR, KERALA CYPRUS CLUB CASA MAYA SPAIN INDIA AV KUKULKAN - KM 5 CLUB REGENCY ZONA HOTELERA CLUB LA COSTA AT SIERRA MARINA CLUB MARITIMO RONDA III AT REGENCY TOWERS CANCUN, QROO URB MARINA DEL SOL PASEO MARÍTIMO 2511 S OCEAN BLVD MEXICO CTRA DE CÁDIZ KM 206 LOS BOLICHES MYRTLE BEACH, SC 29650 MIJAS-COSTA 29640 FUENGIROLA USA CLUB COLOMBO HOTEL MÁLAGA MÁLAGA QUELLENHOF SPAIN SPAIN CLUB REGENCY OF MARCO ISLAND SCHMOELZSTR 1 500 S COLLIER BLVD D-82491 GRAINAU/GARMISCH CLUB LA PENSION CLUB MARVERDE MARCO ISLAND, FLORIDA GERMANY, FEDERAL REP OF 115 DECATUR ST MESELIK KOYU USA NEW ORLEANS, LA KUYUCAK MEVKII CLUB DONATELLO USA MILAS CLUB RESORT DEL PACIFICO 501 POST ST MUGLA KM. 20 VIA ATACAMES SAN FRANCISCO, CA CLUB LA RIVIERA TURKEY ESMERALDAS USA URB. RIVIERA DEL SOL ECUADOR C/ SATURNO S/N CLUB MYKONOS CLUB EL BERIL 29650 MIJAS-COSTA ORNOS BEACH CLUB SABATINI CALLE EL BERIL S/N MÁLAGA MYKONOS DR. ALEJO MARTINEZ NO.1 LA CALETA SPAIN GREECE EL BATEY ADEJE SOSUA TENERIFE CLUB LAGO VERDE CLUB NEMO & NAUTILUS DOMINICAN REPUBLIC CANARY ISLANDS, SPAIN C/ GEISER 9 VALLARTA PUERTO DEL CARMEN PASEO DE LA MARINA SUR CLUB SAN ANTONIO CLUB EXCELSIOR 2 LANZAROTE NO. 210 C/ LOS NIDOS 18 AV. DE TIRAJANA 8 CANARY ISLANDS, SPAIN FRACC. MARINA VALLARTA 29620 TORREMOLINOS PLAYA DEL INGLÉS PUERTO VALLARTA, JAL MALAGA GRAN CANARIA CLUB LAS ADELFAS MEXICO SPAIN CANARY ISLANDS, SPAIN C/ DE FRANCIA 16 PLAYA DE LOS POCILLOS CLUB NOOSA CLUB SOL Y SOÑAR CLUB FERRERA PLAYA PUERTO DEL CARMEN NOOSA DRIVE C/ J.SEBASTIAN BACH 8 C/ NE PONT 78 LANZAROTE NOOSA HEADS, QLD APTO. CORREOS 55 07669 CALA D'OR CANARY ISLANDS, SPAIN AUSTRALIA 07830 SAN ANTONI PORTMANY MALLORCA,BALEARIC ISLANDS IBIZA, BALEARIC ISLANDS SPAIN CLUB LAS ADELFAS II CLUB NOREFJELL SPAIN C/ FRANCIA 16 NOREFJELL CLUB GEOPREMIERE PLAYA DE LOS POCILLOS 3518 NOREFJELL CLUB ST. CROIX 42 RUE DE LA CHAUMINE PUERTO DEL CARMEN NORWAY 3280 GOLDEN ROCK LAC MORENCY LANZAROTE CHRISTIANSTED ST HIPPOLYTE, QC CANARY ISLANDS, SPAIN CLUB OASIS @ JIMBARAN HILLS ST CROIX, VI CANADA BANJAR KANGIN UNGASAN USA CLUB LAS VISTAS DESA JIMBARAN CLUB HALLBJØNN TELEMARK C/ LAS MAJADAS 6 BALI CLUB TARAHAL TELEMARK PUERTO DEL CARMEN INDONESIA C/ ACEVI#O 49 3880 DALEN I VESTTELEMARK LANZAROTE URB. LA PAZ NORWAY CANARY ISLANDS, SPAIN CLUB ORLANDO VACATION PUERTO DE LA CRUZ RESORT TENERIFE CLUB INTRAWEST - VANCOUVER CLUB LOS MOLINOS 5305 SAN ANTONIO AVE CANARY ISLANDS, SPAIN 1001 HORNBY STREET AV. LAS PALMERAS ORLANDO, FLORIDA VANCOUVER, BC COSTA TEGUISE USA CLUB TISAYA GOLF CANADA LANZAROTE AV. TJAEREBORG 6 CANARY ISLANDS, SPAIN CLUB PLAYA FLORES CAMPO DE GOLF CLUB LA COSTA AT BENAL BEACH URB. LA COLINA MASPALOMAS CTRA. DE CÁDIZ, KM 221,7 CLUB MAEVA MIRAMAR 29620 TORREMOLINOS GRAN CANARIA 29630 BENALMÁDENA-COSTA BLVD. COSTERO S/N MÁLAGA CANARY ISLANDS, SPAIN MÁLAGA PLAYA MIRAMAR SPAIN SPAIN CD.MADERO-TAMPICO, TAMP CLUB TRINIDAD MEXICO CLUB PLAYA VISTA 1900 E PALM CANYON DRIVE CLUB LA COSTA AT TORRE OCEANO PALM SPRINGS, CA AT CASTILLO DEL REY CLUB MAHINDRA BINSAR VALLEY C/O AZTEC COUNTRY CLUB USA URB. MARINA DEL SOL RESORT URB. RIVIERA DEL SOL CTRA. DE CÁDIZ KM 206,5 BHANSORI P.O C/ LIBRA S/N, MIJAS COSTA CLUB VACACIONAL TORTUGA 29650 MIJAS-COSTA UTTARANCHAL STATE MÁLAGA COSTERA MIGUEL ALEMAN 132 MÁLAGA ALMORA SPAIN ACAPULCO, GRO SPAIN INDIA MEXICO

80 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 81

Resorts With 21 - 50 Units CLUB VISTA SERENA CORAL KEY BEACH RESORT CRESTWOOD RESORT DIAMANT BEACH CLUB C/ CAPRICORNIO NO. 2 NGINA ROAD 1301 WISCONSIN AVE IN DIAMANT BEACH CAMPO INTERNACIONAL P.O. BOX 556 BOX 1000 RAVINE GENS BOIS MASPALOMAS MALINDI WHITEFISH, MT 97223 LE DIAMANT GRAN CANARIA KENYA USA MARTINIQUE CANARY ISLANDS, SPAIN +CORAL PRINCESS CLUB CRETA SUITES DIAMOND CLUB CALYPSO CLUBE DO MONACO KILOMETRO 2.5 KOUTSOUNARI C/ ALEMANIA APARTADO 2046 ZONA HOTELERA NORTE IERAPETRA PUERTO DEL CARMEN RUA GIL EANES, 16 COZUMEL, QROO LASITHI LANZAROTE CERRO DA ALAGOA MEXICO CRETE CANARY ISLANDS, SPAIN 8200-134 ALBUFEIRA GREECE PORTUGAL CORAL REEF RESORT DIAMOND CLUB MARITIMA SHIPYARD PLANTATION CROMER COUNTRY CLUB C/ MIRAFONDO 3 CLUBE VILAROSA PO BOX 5686 OVERSTRAND ROAD PUERTO DEL CARMEN URBANIZACAO VILAROSA HILTON HEAD ISLAND, SC CROMER LANZAROTE LOTE 5 USA NORFOLK CANARY ISLANDS, SPAIN PRAIA DA ROCHA ENGLAND 8500-782 PORTIMAO CORAL SUITES HOTEL & RESORT DIVI HERITAGE RESORT PORTUGAL AV CEMENTOS CORO CROWN POINT CONDOMINIUMS SUNSET CREST CHICHIRIVICHE, FLORIDACN 1530 S IVORY LANE ST JAMES CLUBHOTEL AMBRA VENEZUELA HORSESHOE BEND, AR BARBADOS KISDIOFA UTCA 13 USA H-1077 BUDAPEST CORFU RESIDENCE DOLPHIN BEACH CLUB HUNGARY NISAKI VILLAGE CUMANAGOTO VILLAGES & 3355 S. ATLANTIC AVE. CORFU SUITES RESORT DAYTONA BEACH SHORES, FLORIDA COCO VILLAGE BEACH RESORT GREECE AV. UNIVERSIDAD USA AUTOPISTA LAS AMERICAS CUMANA, SUCR KM 44.5 COSTA DEL SOL RESORT VENEZUELA DOLPHIN VIEW CABANAS PLAYA CARIBE 4220 EL MAR DRIVE 8 NORTH BEACH ROAD DOMINICAN REPUBLIC LAUDERDALE-BY-THE-SEA, FLORIDA DAPHNE HOLIDAY CLUB (PO BOX 53) USA HANIOTIS,KASSANDRA UMDLOTI +COCONUT MALORIE HALKIDIKI DURBAN 200 59TH STREET COTTAGE HOTEL GREECE SOUTH AFRICA OCEAN CITY, MD L'AUTRE BORD USA 97160 LE MOULE DCR MOUNTAIN RESORTS DON PANCHO BEACH RESORT GUADELOUPE 200 GRANITE 62 MILLER ST COLINA DEL VALLE RUIDOSO, NM KELLY'S BEACH OLMO SUR COUNTRY CLUB VILLAS USA BARGARA, QLD MINA CLAVERO, CBA 1550 FAWN VISTA DRIVE AUSTRALIA ARGENTINA DEERFIELD PLANTATION DEER RUN VILLAGE SURFSIDE BEACH, SC 123 SCOTCH VALLEY ROAD DOVER HOUSE COMMODORE BEACH CLUB USA PO BOX 7 110 S. OCEAN BLVD. 13536 GULF BLVD STAMFORD, NY DELRAY BEACH, FLORIDA MADEIRA BEACH, FLORIDA COUNTRY HIDEAWAY USA USA USA AT MOUNTAIN LAKES HIGHWAY 75A DEERCREEK DRIFTWOOD BEACH CLUB CONDOCLUB CORAL CUERNAVACA CLEVELAND, GA DEERFIELD PLANTATION 4417 EL MAR DRIVE KM 9.5 AUTOPISTA USA 1650 DEERCREEK ROAD LAUDERDALE-BY-THE-SEA, FLORIDA CUERNAVACA-ACAPULCO SURFSIDE BEACH, SC USA TEMIXCO MORELOS, MOR COUNTRY INN - BHIMTAL USA MEXICO BHIMTAL DUNES SOUTH NAINITAL DIST. DELPHOS APART HOTEL 8643 OLD OREGON INLET RD CONDOMINIO PAUBA CANTO SUL BHIMTAL VALLE DE LAS LE|AS NAGS HEAD, NC RUA BRAGANCA PAULISTA 140 INDIA DEPTO. DE MALARGUE, MDZA USA PAUBA ARGENTINA SAO SEBASTIAO, SP COUNTRY VILLAGE DUTA SANDS BRAZIL AT JIMINY PEAK DESARU IMPIAN RESORT JALAN BESERAH COREY ROAD TANJUNG PENAWAR, DESARU KUANTAN CONDOMINIO TIWANAKU HANCOCK, MA P O BOX 2, BANDAR PENAWAR PAHANG AVE. RAUL PEY 3059 USA 81900 KOTA TINGGI MALAYSIA URB.EL CHINCHORRO JOHORE ARICA CRAFTS INN MALAYSIA + EAGLE CREST VAC CLUB CHILE 10 W MAIN STREET @ SUN VALLEY P.O. BOX 385 DESERT VACATION VILLAS 100 PICABO ST *CORAL COSTA CARIBE WILMINGTON, VT 250 W. VISTA CHINO PO BOX 10058 JUAN DOLIO USA PALM SPRINGS, CA KETCHUM, ID SAN PEDRO DE MACORIS USA USA DOMINICAN REPUBLIC CREOLE BEACH HOTEL POINTE DE LA VERDURE DESIGN SUITES & TOWERS EAST CANYON RESORT PB 61 MARCELO T. DE ALVEAR 1683 PO BOX 228 97190 GOSIER CAPITAL FEDERAL, BSAS HENEFER, UT GUADELOUPE ARGENTINA USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 81 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 82

Resorts With 21 - 50 Units EASTWOOD AT PROVINCETOWN ELITE APARTMENTS ESCAPES! TO CHEROKEE VILLAGE FIESTA DE CORTEZ 324 BRADFORD STREET AT FAIRWAYS CLUB OKMULGEE DRIVE BAJA CALIFORNIA Y PROVINCETOWN, MA AMARILLA GOLF AND CO CLUB CHEROKEE VILLAGE, AR RAMOS ARIZPE USA SAN MIGUEL DE ABONA USA PUERTO PENASCO, SON TENERIFE MEXICO ECOPLAYA BEACH RESORT CANARY ISLANDS, SPAIN EUROVILLAGE CLUB NAUSICAA PLAYA LA COYOTERA LOCALITA' ZOLFARA FIRST FAIRWAY AT WALDEN EL JOBO ELITE APARTMENTS 87067 ROSSANO, (CS) 13151 WALDEN ROAD LA CRUZ AT PUEBLO EVITA ITALY MONTGOMERY, TX GUANACASTE AVDA. DE LAS PALMERAS USA COSTA RICA C/ PALMITO S/N EZULWINI SUN 29630 BENALMÁDENA-COSTA P.O. BOX 123 FISH RIVER SUN EDGELAKE BEACH CLUB MÁLAGA EZUWINI R72 BETWEEN PORT ALFRED 7680 N LAKE BLVD SPAIN SWAZILAND AND EAST LONDON PO BOX 318 PO BOX 6170 TAHOE VISTA, CA ELITE FUERTEVENTURA CLUB +FAIRFIELD PLANTATION PORT ALFRED USA EL CASTILLO 1602 LAKEVIEW PARKWAY SOUTH AFRICA CALETA DE FUSTE VILLA RICA, GA EGRET POINT BY SPINNAKER ANTIGUA USA FISHERMEN'S VILLAGE RESORT C/O SOUTHWIND MANAGEMENT FUERTEVENTURA CLUB PO BOX 6685 CANARY ISLANDS, SPAIN FAIRWAYS 1200 W RETTA ESPLANADE 35 DEALLYON AVENUE DRAKENSBERG GARDENS #58 HILTON HEAD ISLAND, SC ELKHORN RESORT (PRIVATE BAG X311) PUNTA GORDA, FLORIDA USA BOX 40 UNDERBERG USA ONANOLE, MB SOUTH AFRICA EGRETS POINTE TOWNHOUSES CANADA FJÄLLBYN 547 HIGHWAY 174 STE 5 FANTASY ISLAND RESORT TORPVÄGEN 8 P O BOX 639 ELLIOTT AT VALE DO LOBO 3205 S. ATLANTIC AVE. 840 94 TÄNNÄS EDISTO BEACH, SC ELLIOTT CO-OWNERSHIP DAYTONA BEACH SHORES, FLORIDA SWEDEN USA VALE DO LOBO USA PARQUE DO GOLFE * FJÄLLKÄLLAN EHDEN COUNTRY CLUB 8135-034 ALMANCIL FANTASY ISLAND RESORT II BOX 53 ELMATAL PORTUGAL 3175 S. ATLANTIC AVE 840 95 FUNÄSDALEN EHDEN DAYTONA BEACH SHORES, FLORIDA SWEDEN LEBANON ELMAKENT COUNTRY CLUB USA TASKOPRU, YALOVA * FJÄLLSÄTERN EL CID LA CEIBA COZUMEL YALOVA FATOR PALACE HOTEL 840 98 TÄNNDALEN CARR.CHANKANAB KM.4.5 TURKEY RUA DOS NAVEGANTES 157 SWEDEN ZONA COSTERA SUR BOA VIAGEM COZUMEL, QROO EMERALD ISLE CONDOMINIUMS RECIFE, PE FJÄLLVATTNET MEXICO 5371 CENTRAL AVENUE BRAZIL BOX 44 HOT SPRINGS, AR 840 94 TÄNNÄS EL LAGO RESORT USA FERIENCLUB BREITENBERGERHOF SWEDEN CAMINO AL MOLINO S/N GAMPENSTR. 40 SABANDIA, AREQUIPA EMERALD SEAS I-39010 TSCHERMS, (BZ) FOREST GLEN INN PERU 660 N. OCEAN BLVD. ITALY ARTIST FALL ROAD DEERFIELD BEACH, FLORIDA NORTH CONWAY, NH EL MARQUES PALACE USA FERIENCLUB SCHLOSSLHOF USA CALLE LAS ROSAS S/N KOEGELESTRASSE 19 PUERTO DE SANTIAGO ENCHANTED ISLE RESORT A-6094 AXAMS FORMOSA BAY VILLAS SANTIAGO DEL TEIDE 1601 S. SURF ROAD AUSTRIA N2 NATIONAL ROAD TENERIFE HOLLYWOOD, FLORIDA PLETTENBERG BAY CANARY ISLANDS, SPAIN USA FERIENPARK EXTERTAL SOUTH AFRICA ZUM GRUNDBERG 46 A EL PALMAR HOLIDAY CLUB ENSEADA ITAPEMA APART - HOTEL D-32699 ROTT FORT BROWN CONDO SHARES CTRA LAS MARINAS KM 4 RUA 219, NUM 45 GERMANY, FEDERAL REP OF 401 RINGGOLD ROAD 03700 DENIA MEIA PRAIA BROWNSVILLE, TX ALICANTE ITAPEMA, SC FERIENPARK OBERALLGAEU USA SPAIN BRAZIL WEISSENBERG 1 D-87547 MISSEN-WILHAMS FORTE TRAVELODGE HOTEL EL PALMERAL BEACH CLUB I ERLENBRUCK GERMANY, FEDERAL REP OF CAPITAL CALETA DE FUSTE-2ª FASE ERLENBRUCK 5 AVDA EL DORADO NO. 69A-51 FUERTEVENTURA D-79856 HINTERZARTEN + FF HARBOUR / BOGOTA, DC CANARY ISLANDS, SPAIN GERMANY, FEDERAL REP OF WINDJAMMER VILLAS I COLOMBIA 475 BROAD CREEK RD EL PALMERAL BEACH CLUB II ESCAPES! TO BRANSON YACHT NEW BERN, NC FORTIN DE LAS FLORES RESORT CALETA DE FUSTE- 2ª FASE CLUB USA CLUB FUERTEVENTURA 611 ROCK LANE DRIVE AV 2 ENTRE 5 Y 7 CANARY ISLANDS, SPAIN BRANSON, MO + FF HARBOUR / FORTIN DE LAS FLORES, VER USA WINDJAMMER VILLAS II MEXICO 475 BROAD CREEK ROAD NEW BERN, NC USA

82 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 83

Resorts With 21 - 50 Units FOUR POINTS BY SHERATON GEO GROUP GOLDENWOODS CONDOS GREENHILL RESORT BOGOTA AT TAHOE SUMMIT VILLAGE @ POWDERHORN RST BLOCK ASTER A1 AV. EL DORADO NO.69C-83 750 WELLS FARGO LANE 4828 POWDERHORN ROAD JALAN GEREJA, TANAH RATA BOGOTA, DC PO BOX 4917 P.O. BOX 430 CAMERON HIGHLANDS COLOMBIA STATELINE, NV MESA, CO PAHANG USA USA MALAYSIA FOUR POINTS BY SHERATON QUITO GEOPREMIERE AT JENSEN BEACH GOLF HOTEL GUANAHANI VILLAGE REPUBLICA DE EL SALVADOR (LOCATED AT TURTLE REEF CLUB) LOCALITA' CALA DI VOLPE CABLE BEACH PO BOX 13317 NO.36-212 10800 OCEAN DR 07021 ARZACHENA, (SS) CABLE BEACH NACIONES UNIDAS JENSEN BEACH, FLORIDA ITALY NEW PROVIDENCE ISLAND QUITO USA BAHAMAS ECUADOR GOLF- UND FERIENCLUB AMADEUS GITES DU FJORD BRAEULEITEN 8 GULF TIDES OF LONGBOAT KEY FOUR SEASONS AT RUIDOSO 344 SAINT-JEAN BAPTISTE A-5550 RADSTADT 3008 GULF OF MEXICO DRIVE EXECUTIVE INN & SUITES L'ANSE ST JEAN, QC AUSTRIA LONGBOAT KEY, FLORIDA 307 HWY 70 WEST CANADA USA PO BOX 8060 GOVINO BAY RUIDOSO, NM GLENMORE SANDS 8TH KLM NATIONAL RD GULFSTREAM MANOR USA 1 BOULDER ROAD PALEOKASTRITSA 3901 N. OCEAN BLVD. P O BOX 10 GOUVIA DELRAY BEACH, FLORIDA FOUR WINDS OF LONGBOAT KEY VOORTREKKERSTRAND CORFU USA 2605 GULF OF MEXICO DR SOUTH AFRICA GREECE LONGBOAT KEY, FLORIDA HABITAT CALGARY ´88 USA GLIDDEN LODGE BEACH RESORT GRAIG PARK VILLAGE AND C/ DE LA SOLANA 2-4 4676 GLIDDEN DR COUNTRY CLUB PAS DE LA CASA FRENCH QUARTER STURGEON BAY, WI DYSERTH ANDORRA 3706 WEST HWY 76 USA RHYL BRANSON, MO WALES HABITAT LOS PALMITOS USA GLOBAL HOLIDAY CLUB URB. LAS ATALAYAS @ MONTEMAR BEACH GRAN PARADISE BAVARO COSTA DEL AZAHAR FRENCH RIDGE CONDOMINIUMS BAGAC BAVARO-PUNTA CANA 12598 PE#ÍSCOLA 416 RIDGE ST BATAAN PUNTA CANA CASTELLON BRECKENRIDGE, CO PHILIPPINES DOMINICAN REPUBLIC SPAIN USA GOLDEN CITY CONDOMINIUMS GRAND HOTEL CALA BLU HAMILTON HARBOR FUERTEVENTURA BEACH CLUB JALAN IPOH S.S. 125 ORIENTALE KM 273 203 STERNS POINT RD EL CASTILLO KUALA LUMPUR LOCALITA' ORVILE HOT SPRINGS, AR CALETA DE FUSTE MALAYSIA 08020 BUDONI, (NU) USA ANTIGUA ITALY FUERTEVENTURA GOLDEN EAGLE RESORT HARBOR HILL CANARY ISLANDS, SPAIN 300 RIVERSIDE DRIVE GRANDS SEJOURS INTERNATIONAL 4 HARBOR HILL ROAD PO BOX 480 RES. QUAI DES PRINCES PROVINCETOWN, MA GALLEON BAY CLUB ESTES PARK, CO PORT DE CAP D'AIL USA 4901 LAGUNA BLVD USA 06320 CAP D'AIL LAGUNA BOULEVARD FRANCE HARBOUR CLUB @ HARBOUR TN AT CAPRICORN GOLDEN SHORES & CROWN SEA PINES PLANTATION SOUTH PADRE ISLAND, TX PARADISE CLUB GRANDVISTA VACATION SUITES 1044 WILLIAM HILTON PKWY USA AVE. KUKULKAN KM. 18.5 @ TUNICA WELCOME CENTER ZONA HOTELERA 1724 CASINO CENTER DRIVE HILTON HEAD ISLAND, SC GALLEON BEACH CANCUN, QROO TUNICA, MS USA PO BOX 1003 MEXICO USA LEEWARD ISLANDS HARBOURSIDE III ST JOHN'S GOLDEN SHORES GREAT HOUSE VILLAS 9 SHELTER COVE LANE ANTIGUA AND BARBUDA @ PLAYA DE ORO MANZ. AT THE HALF MOON CLUB SUITE A KM.15.5 CARR.AEROPUERTO P O BOX 80 PALMETTO DUNES RESORT GAMBOA RAINFOREST RESORT MANZANILLO-CIHUATLAN MONTEGO BAY HILTON HEAD ISLAND, SC BOULEVARD GOETHALS MANZANILLO, COL JAMAICA USA GAMBOA MEXICO PANAMA GREEN BLUE HOUSES HARDER HALL LAKESIDE VILLAS GOLDEN SHORES LA MARINA 420 W. LAKE DRIVE BLVD GARDENIA SHARM RESORT AT PLAYA DE ORO CLUB AVENUE DE L'EUROPE SEBRING, FLORIDA SHARKS BAY AV DE LAS GARZAS 1 97118 SAINT FRANCOIS USA SHARM ELSHEIKH PUERTO VALLARTA, JAL GUADELOUPE SOUTH SINAI MEXICO HAVNA SKJÆRGÅRDSPARK EGYPT GREEN HOUSE TJØME GOLDEN SHORES&CROWN RUTA PROVINCIAL NO.5 3145 TJØME GEMINIS APART HOTEL PARADISE P.VTA. KM.82 NORWAY VALLE DE LAS LE#AS AV. DE LAS GARZAS 1 VILLA GENERAL BELGRANO, CBA DEPTO. DE MALARGUE, MDZA ZONA HOTELERA NORTE ARGENTINA HAZYVIEW CABANAS ARGENTINA PUERTO VALLARTA, JAL PO BOX 26 MEXICO HAZYVIEW SOUTH AFRICA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 83 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 84

Resorts With 21 - 50 Units HERITAGE CLUB HIMEGIDAIRA VILLA TATESHINA HOLIDAY VACATION HOTEL ATLANTE PLAZA @ HARBOUR TOWN 3518 OIWAKE CONDOMINIUMS AVENIDA BOA VIAGEM 5426 LIGHTHOUSE LANE NAGATO-MACHI 488 MAIN ST BOA VIAGEM SEA PINES PLANTATION CHIISAGATA-GUN WEST YARMOUTH, MA RECIFE, PE 1044 WILLIAM HILTON PKWY NAGANO-KEN 386-0600 USA BRAZIL HILTON HEAD ISLAND, SC JAPAN USA HOLLYWOOD BEACH RESORT HOTEL BELLEVUE HIMMERLAND GOLF & COUNTRY 101 N OCEAN DRIVE AM WALDRAND 24 HERITAGE HOTEL CAMERON CLUB HOLLYWOOD, FLORIDA A-9871 SEEBODEN HIGHLANDS CENTERVEJ 1 GATTEN USA AUSTRIA JALAN GEREJA 9640 FARSØ TANAH RATA DENMARK HOLLYWOOD SANDS RESORT HOTEL CASA DA MONTANHA CAMERON HIGHLANDS 2404 N. SURF ROAD AV. BORGES DE MEDEIROS PAHANG HIPPOCAMPUS VILLAS RESORT HOLLYWOOD, FLORIDA NO. 3166 MALAYSIA CALLE EL CRISTO USA GRAMADO, RS SECTOR LA CARANTA BRAZIL HERITAGE RESORTS CLUB PLAYA PAMPATAR HONKA HOLIDAY HANNUNKIVI REAL ISLA DE MARGARITA, NESP FIN-43800 KIVIJARVI HOTEL CHALE PONTA DAS CANAS URB. MARBESA VENEZUELA FINLAND RUA LUIZ BOITEUX CTRA. DE CÁDIZ KM 192.8 PIAZZA 5880 29600 MARBELLA HOLIDAY BEACH RESORT- HONO KOA RESORT PONTA DAS CANAS MÁLAGA SOUNDSIDE 3801 L HONOAPIILANI RD FLORIANOPOLIS, SC SPAIN 19 VIA DE LUNA LAHAINA, MAUI, HAWAII BRAZIL PENSACOLA BEACH, FLORIDA USA HERITAGE RESORTS MI JARDIN USA HOTEL DECAMERON LOS COCOS URB. TORREMAR HORTOBAGY CLUB HOTEL RETORNO LAS PALMAS S/N C/ BERLIN HOLIDAY CLUB AIRISTO CZINEGE J. U. 1 RINCON DE GUAYABITOS, NAY 29630 BENALMÁDENA-COSTA STORMALO H-4071 HORTOBAGY-MATA MEXICO MÁLAGA FIN-21600 PARAINEN HUNGARY SPAIN FINLAND HOTEL DECAMERON SAN LUIS HOSTAL DEL SOL I CARRETERA SAN LUIS KM.20 HGVCLUB @ SOUTH BEACH HOLIDAY CLUB HEVIZ AV. CHIOZZA 1562 SAN ANDRES ISLA, SAND 1430 OCEAN DRIVE VAJDA AKOS UTCA 3 SAN BERNARDO, BSAS COLOMBIA MIAMI BEACH, FLORIDA H-8380 HEVIZ ARGENTINA USA HUNGARY HOTEL DEUTSCHMEISTER HOSTERIA DEL CERRO GRUENENTORGASSE 30 HIDEAWAY SANDS RESORT HOLIDAY CLUB PUNKAHARJU VILLA CERRO CATEDRAL A-1090 WIEN 3804 GULF BLVD HIEKKALAHTI SAN CARLOS DE BARILOCHE, RN AUSTRIA ST PETE BEACH, FLORIDA FIN-58430 KULENNOINEN ARGENTINA USA FINLAND HOTEL DU MOULIN DE VERNEGUES HOT SPRINGS VILLAGE PONT ROYAL GOLF HIGH POINT INN HOLIDAY CLUB PYHA HIGHWAY ANNEX 30 ROUTE NATIONALE 7 PO BOX 527 KULTAKERO P O BOX 180 13370 MALLEMORT 10386 WATER ST, HWY 42 N. FIN-98530 PYHATUNTURI LAVA HOT SPRINGS, ID FRANCE EPHRAIM, WI FINLAND USA USA HOTEL FANØ BADELAND HOLIDAY CLUB RUKA HOTEL AKFENCLUB STRANDVEJEN 52-56 HIGH SIERRA PULKKAJARVENTIE 15 BIRINCI GELISIM BÖLGESI NORDBY EXCALIBUR ROAD FIN-93999 KUUSAMO ULUDAG DK-6720 FANO HIGHWAY 70 W FINLAND BURSA DENMARK PO BOX 7188 HS TURKEY RUIDOSO, NM HOLIDAY CLUB YLLAS 2 HOTEL HORACIO QUIROGA - USA FIN-95970 AKASLOMPOLO HOTEL APARTAMENTO SPA TERMAL FINLAND DOM PANCHO TERMAS DE SALTO GRANDE HILL COUNTRY AREIAS DE SAO JOAO PARQUE DEL LAGO RESORTS,LOVEDALE HOLIDAY RESIDENCE WARMBAD 8200-321 ALBUFEIRA SALTO, SLTO GRANDUFF ROAD WARMBADER ALLEE 53 PORTUGAL URUGUAY VALLEY VIEW A-9504 WARMBAD-VILLACH LOVEDALE AUSTRIA HOTEL APARTAMENTO HOTEL KYRIE OOTY DOMUS MARIS S. DOMINO INDIA HOLIDAY SHORES TORRE DA MEDRONHEIRA 71040 S. DOMINO P O BOX 812 LOTE 8 - OLHOS DE AGUA ISOLE TREMITI, (FG) HILLCREST CONDOMINIUMS LAKE OZARK, MO 8200-595 ALBUFEIRA ITALY 512 SHORE ROAD USA PORTUGAL P O BOX 2000 HOTEL LA PERLA MARGARITA OGUNQUIT, ME HOLIDAY SHORES BEACH CLUB HOTEL AQUARIUM RESORT USA 2617 S. ATLANTIC AVE SUPERDECAMERON LOS PINOS Y AV ROMULO DAYTONA BEACH SHORES, FLORIDA AV. COLOMBIA N° 1-19 BETANCOURT - DTO. MARI#O HILTON DUNKELD USA SAN ANDRES, SAND PORLAMAR DUNKELD COLOMBIA ISLA DE MARGARITA, NESP PERTHSHIRE VENEZUELA SCOTLAND

84 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 85

Resorts With 21 - 50 Units HOTEL LAKE PLAZA HOTEL SUPERDECAMERON HUIZHOU TANGQUAN GOLF CLUB IRIA MARE HOLIDAY CLUB AV. BOLIVAR, URB. DUMAR MARAZUL TANGQUAN BOLUO IRIA COSTA AZUL CARRERA CIRCUNVALAR A SAN HUIZHOU DREPANO PORLAMAR LUIS, HOTEL MAR AZUL GUANGDONG PROVINCE NAFPLIO ISLA DE MARGARITA, NESP SAN ANDRES ISLA, SAND CHINA, PEOP REP OF GREECE VENEZUELA COLOMBIA I CIELI DI ROMA ISCHIA UNO RESIDENCE HOTEL LAS PALMAS BEACH HOTEL TEHUELCHE VIA FRANCESCA BERTINI 8 VIA FORCHE 3 RESORT 9 DE JULIO N° 831 00125 ROMA, (RM) PANZA KM 2.5 CARR AEROPUERTO ESQUEL, CHBT ITALY 80070 FORIO D'ISCHIA, (NA) PUERTO VALLARTA, JAL ARGENTINA ITALY MEXICO INDIAN PEAKS HOTEL TURISMO-P.DO RIO QUENTE WINTER PARK RANCH ISLAND CLUB OCEAN VIEW HOTEL MADONNA DOLOMITI RSTS. PO BOX 3262 85 FOLLY FIELD ROAD VIA REZIA 267 FAZENDA AGUA QUENTE S/N WINTER PARK, CO HILTON HEAD ISLAND, SC 39046 ORTISEI, (BZ) RIO QUENTE, GO USA USA ITALY BRAZIL INDIAN WELLS CONDOSHARE ISLAND LINKS RESORT HOTEL MARINAS TAMANDARE HOTEL TURQUOISE SIDE 78-335 HIGHWAY 111 1 COGGINS POINT ROAD RUA JOAO SALGADO PIMENTEL HOTEL TURQUOISE,SORGUN LA QUINTA, CA P.O. BOX 5686 S/N MANAVGAT USA HILTON HEAD ISLAND, SC TAMANDARE, PE ANTALYA USA BRAZIL TURKEY INDIES SUITES P.O. BOX 2070 ISLAND RESORT & GOLF CLUB HOTEL MARSOL HOTEL VILA DO MAR GRAND CAYMAN ISLAND RUM CAY ROAD AV. SENADOR DINARTE AV. SENADOR DINARTE MARIZ CAYMAN IS P.O. BOX F-3507 MARIZ, 1567 NO. 4233 FREEPORT NATAL, RN NATAL, RN INGLESES HOLIDAY RESORT GRAND BAHAMA ISLAND BRAZIL BRAZIL RUA DAS GAIVOTAS, 1709 BAHAMAS PRAIA DOS INGLESES HOTEL MIRAGE HOTEL VILLA IGEA FLORIANOPOLIS, SC ISLAND TOWERS LOCALITA' PEZIE' 118 VIA FUORLOVADO 36 BRAZIL 4900 ESTERO BLVD 32043 CORTINA D'AMPEZZO, (BL) 80073 CAPRI, (NA) FORT MYERS BEACH, FLORIDA ITALY ITALY INN AT LOST CREEK USA 119 LOST CREEK LANE HOTEL NH COLUMBIA HOTEL VILLAS DORADAS BEACH PO BOX 4170 JACKSON HOLE RACQUET CLUB RECONQUISTA 470 RESORT TELLURIDE, CO J H R C CONDO SHARE MONTEVIDEO, MTVD PLAYA DORADA COMPLEX USA 4010 W LAKE CREEK DRIVE URUGUAY PUERTO PLATA SUITE C DOMINICAN REPUBLIC + INN ON LONG WHARF WILSON, WY HOTEL PERLA 142 LONG WHARF USA V.LE DOLOMITI BRENTA 15 HOTEL WEMBLEY-INN P O BOX 2000 LOC. COLLARIN RUA A 147 NEWPORT, RI JADE TREE COVE 38084 M. DI CAMPIGLIO, (TN) PRAIA DAS TONINHAS USA 200 75TH AVE N OCEAN BLVD ITALY UBATUBA, SP P O BOX 7405 BRAZIL INVERNESS MYRTLE BEACH, SC HOTEL PORTOGALO CNR CAMPBELL AND USA RODOVIA RIO-SANTOS HOTEL Y RESORT VALLE GRANDE GRIMSBY ROADS (BR101), KM.71 RUTA PROV. 173 KM 35 SEAPOINT JAMAICAN ON THE GULF ANGRA DOS REIS, RJ CA#ON DEL ATUEL CAPE TOWN 11660 GULF BLVD BRAZIL SAN RAFAEL, MDZA SOUTH AFRICA TREASURE ISLAND, FLORIDA ARGENTINA USA HOTEL RESIDENCE GREEN PARK INVERNESS AT DEL LAGO LOCALITA' ALDIAMANNA HOTELSOL 100 LACOSTA DRIVE JARDIN DE AMADORES 07020 PORTO ROTONDO, (SS) CERRO DA ALAGOA PO BOX 751 C/ROQUE DE LOS MUCHACHOS ITALY LOTE 27 MONTGOMERY, TX PUERTO RICO APARTADO 2054 USA MOGAN HOTEL RESIDENCE PORTO PICCOLO 8200-915 ALBUFEIRA GRAN CANARIA LOCALITA' PORTO PICCOLO PORTUGAL INVERNESS AT NEW BRAUNFELS CANARY ISLANDS, SPAIN BAIA SARDINIA 283 S UNION AVE. 07021 ARZACHENA, (SS) HOWARD JOHNSON BAHIA NEW BRAUNFELS, TX JARDINES DE LA HACIENDA ITALY DE LAS TABLAS USA EDIFICIO FLORES PLAYA PERILAGO ESTE C/ ORQUIDEAS , 4 HOTEL SMYGEHUS QUEBRADA DE ULLUM INVERNESS AT WALDEN - PHASE II 03189 ORIHUELA COSTA BOX 7 SAN JUAN, SJ 13151 WALDEN ROAD ALICANTE 231 05 SMYGEHAMN ARGENTINA #243 SPAIN SWEDEN MONTGOMERY, TX HTL PZA.PELICANOS GRAND USA JARDINES DEL PUERTO BEACH S/I C/ DE RIBERA S/N DIEGO RIVERA NO.120 PUERTO BANÚS ZONA HOTELERA NORTE 29600 MARBELLA PUERTO VALLARTA, JAL MÁLAGA MEXICO SPAIN

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 85 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 86

Resorts With 21 - 50 Units JEJU TOVICE BEACH CONDOMINIUM KINGFISHER INN LA DORADA NOVELTY LAGO CAVIAHUE APART HOTEL #2505 AEWOL-RI 100 N WACCAMAW DRIVE C/ BERLIN Nº 5 COSTANERA QUIMEY-CO S/N BUKCHEJU-GUN GARDEN CITY BEACH, SC 43840 SALOU CAVIAHUE, NQEN CHEJU-DO USA TARRAGONA ARGENTINA KOREA, REP OF (SOUTH) SPAIN KINGS LODGE HOTEL LAGO VISTA JIUHUA SPA AND RESORT HOGSBACK EASTERN CAPE LA GRANDE MARE GOLF & AT BUENAVENTURA LAKES XIAO TANG SHAN HOGSBACK COUNTRY CLUB 180 ROYAL PALM DRIVE CHANG PING SOUTH AFRICA VAZON BAY KISSIMMEE, FLORIDA BEIJING GUERNSEY USA CHINA, PEOP REP OF KITA-KARUIZAWA HILLS HOTEL CHANNEL ISLANDS 1990 KITA-KARUIZAWA + LAGUNA SURF JUPITER REEF CLUB NAGANOHARA-CHO LA JOLLA DE LOS CABOS 611 SOUTH COAST HIGHWAY 1600 S. A1A AGATSUMA-GUN CARR.TRANSPENINSULAR LAGUNA BEACH, CA JUPITER, FLORIDA GUNMA-KEN 377-1412 KM.29 USA USA JAPAN SAN JOSE DEL CABO, BCS MEXICO LAHAINA INN RESORT KADUSHI CLIFFS RESORT KLUB PLAZA 5580 ESTERO BLVD PLAYA KALKI ULICA SLOWIANSKA 3 LA LUCIA SANDS FORT MYERS BEACH, FLORIDA WESTPUNT PL-76153 DARLOWO 58 MARINE DRIVE USA CURACAO POLAND UMHLANGA ROCKS NETHERLANDS ANTILLES SOUTH AFRICA LAKE ARROWHEAD CHALETS KNYSNA CHALETS PO BOX 2293 KAHLUA BEACH CLUB P O BOX 1429 LA LUNA LAKE ARROWHEAD, CA 4950 ESTERO BLVD KNYSNA EL CASTILLO USA FORT MYERS BEACH, FLORIDA SOUTH AFRICA CALETA DE FUSTE USA ANTIGUA LAKE EDGE RESORT (VIC) KORORA BAY VILLAGE FUERTEVENTURA 146 MELBOURNE ROAD KALA POINT VILLAGE JAMES SMALL DRIVE CANARY ISLANDS, SPAIN MULWALA, NSW 20 VILLAGE DRIVE COFFS HARBOUR, NSW AUSTRALIA PORT TOWNSEND, WA AUSTRALIA LA MONTA#A BEACH RESORT USA URB. BAHIA DE PLATA LAKE MARION RESORT AND KRYSTAL INTL VACATION CLUB DISTRITO GOMEZ MARINA KAMAOLE BEACH CLUB CANCUN JUANGRIEGO-ALTAGRACIA 510 RAGTIME TRAIL 2381 S KIHEI ROAD PASEO KUKULKAN LOTE 9 KM9 ISLA DE MARGARITA, NESP HIGHWAY 6 KIHEI, MAUI, HAWAII ZONA HOTELERA VENEZUELA SANTEE, SC USA CANCUN, QROO USA MEXICO LA PINTA BEACH CLUB KAROON RESORT AVDA. DE ESPA#A LAKE PLACID CLUB LODGES FAYOUM LA ALHAMBRA COSTA ADEJE 30 FOREST EAST DRIVE FAYOUM AV. LUIS BOITEAUX PIAZZA ADEJE P.O. BOX 976 EGYPT 3437 TENERIFE LAKE PLACID, NY CACHOEIRA DO BOM JESUS CANARY ISLANDS, SPAIN USA KARRIDENE FLORIANOPOLIS, SC OLD SOUTH COAST ROAD BRAZIL LA QUINTA @ LA MANGA CLUB LAKE TARA TOWNHOUSE III P O BOX 20 LA MANGA CLUB 62 FAIRFIELD ROAD ILLOVO BEACH LA CASA DEL SOL 30385 LOS BELONES VILLA RICA, GA SOUTH AFRICA NORTH PADRE ISLAND CARTAGENA USA 15113 LEEWARD DRIVE MURCIA KAUNOS CLUB DALYAN CORPUS CHRISTI, TX SPAIN LAKEVIEW COUNTRY CLUB HOROZLAR MEVKII USA OLD COACH ROAD DALYAN MUGLA LA RINCONADA SANTA FE LANIVET TURKEY LA CASCADA HOTEL CERRADA SN.ANTONIO BODMIN AV. EZEQUIEL BUSTILLO KM6 DE SADIA NO. 9 CORNWALL KEMANG INDAH CONDOMINIUMS BARRIO LA CASCADA CLUB DE GOLF SANTA FE ENGLAND BATU 7, JALAN PANTAI SAN CARLOS DE BARILOCHE, RN MUNICIPIO DE XOCHITEPEC, MOR TELOK KEMANG ARGENTINA MEXICO LAKEVIEW MANOR CLUB PORT DICKSON PO BOX F-42699 NEGERI SEMBILAN LA CASELLA LA ROCHELLE FREEPORT MALAYSIA STRADA LA CASELLA 4 P O BOX 22018 GRAND BAHAMA ISLAND 05016 FICULLE, (TR) GLENASHLEY BAHAMAS KERAMI GARDENS RESORT ITALY SOUTH AFRICA 22 WOODS POINT ROAD LAKEWAY INN MARYSVILLE, VIC LA CEIBA BEACH RESORT LA VISTA 101 LAKEWAY DRIVE AUSTRALIA URB. BAHIA DE PLATA PELICAN KEY AUSTIN, TX DISTRITO GOMEZ SINT MAARTEN USA KIARA LODGE JUANGRIEGO-ALTAGRACIA NETHERLANDS ANTILLES R711 GOLDEN GATE ROAD ISLA DE MARGARITA, NESP LAKEWOOD RESORT BRYANSTON VENEZUELA LA VISTA BEACH RESORT 1029 LAKEWOOD CIRCLE SOUTH AFRICA BILLY FOLLEY ROAD LAKE RD 54-37 SINT MAARTEN OSAGE BEACH, MO NETHERLANDS ANTILLES USA

86 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 87

Resorts With 21 - 50 Units LAND OF CANAAN VACATION LE MIRAGE VILLAGE CLUB LES VILLAS AT LE MERIDIEN LTI-SOL DE PLATA RESORT INC SAN FRANCISCO DE ASIS S/N LE MERIDIEN HOTEL,LIMASOL CARRETERA SOSUA-CABARETE HC 70 VILLA CARLOS PAZ, CBA OLD LIMASSOL NICOSIA ROAD CABARETE BOX 290 ARGENTINA LIMASSOL DOMINICAN REPUBLIC CANAAN VALLEY CYPRUS DAVIS, WV LE PACHA RESORT LUCAYAN USA HURGHADA LHVC @ HACIENDA SUITES AND 119 72ND ST RED SEA VILLAS OCEAN CITY, MD LAS CASITAS EGYPT PLAYA COFRESI NO. 1 USA PLAYA BLANCA PUERTO PLATA YAIZA LE RICHMOND DOMINICAN REPUBLIC MACDONALD CRAIGELLACHIE LANZAROTE ROUTE DU MONT D'ARBOIS CHALETS CANARY ISLANDS, SPAIN 74120 MEGEVE LIFETIME IN HAWAII DALFABER VILLAGE FRANCE AT THE ROYAL KUHIO NR AVIEMORE LAS FLORES BEACH RESORT 2240 KUHIO AVE INVERNESS-SHIRE AV PLAYA GAVIOTAS 212 LE TERRAZZE DI PORTOROTONDO HONOLULU, OAHU, HAWAII SCOTLAND MAZATLAN, SIN PORTO ROTONDO USA MEXICO 07020 PORTO ROTONDO, (SS) MAEVA CLUBHOTEL BERYL BELLE ITALY LIGHTHOUSE RESORT & CLUB PLAGNE LAS MIMOSAS BEACH CLUB 210 PERIWINKLE WAY BELLE PLAGNE CTRA DE CÁDIZ KM 200 LEGENDS RESORT & COUNTRY SANIBEL ISLAND, FLORIDA 73210 AIME 29650 MIJAS-COSTA CLUB USA FRANCE MÁLAGA 637 ROUTE 517 SPAIN MCAFFEE, NJ LINDO MAR RESORT MAEVA CLUBHOTEL HYERES PORT USA KM 2.5 CARRETERA A BARRA 9 AVE DE LA MEDITERRANEE LAS OLAS BEACH CLUB DE NAVIDAD PORT LA GAVINE 1215-25 A1A LEISURE BAY PUERTO VALLARTA, JAL 83400 HYERES SATELLITE BEACH, FLORIDA 33 TANJUNG TOKONG ROAD MEXICO FRANCE USA PENANG MALAYSIA LITTLE SWITZERLAND MAEVA CLUBHOTEL LAS OLAS BEACH CLUB OLIVIERSHOEK PASS LES ARCS-1800M OF COCOA BEACH LEISURE CLUB INT'L HARRISMITH MAEVA 5100 OCEAN BEACH BLVD AT PADRE ISLAND SOUTH AFRICA ARC 1800 COCOA BEACH, FLORIDA PUENTE VISTA 73700 BOURG ST MAURICE USA 14300 ALOHA LOKKEN BADEHOTEL FRANCE CORPUS CHRISTI, TX TORVET 8 LAS ROSAS USA 9480 LOKKEN MAEVA CLUBHOTEL C/ LAS ROSAS NO 2 DENMARK LES MOUFLONS 1500 PUERTO DE SANTIAGO LEISURE COVE LE PRAZ DE LYS SANTIAGO DEL TEIDE NO.563 LOKUTHULA LODGES 74440 TANINGES TENERIFE JALAN WEE HEIN TZE P O BOX 29 FRANCE CANARY ISLANDS, SPAIN TANJUNG BUNGAH VICTORIA FALLS GEORGETOWN PENANG ZIMBABWE MAEVA CLUBHOTEL LAS TACAS MALAYSIA LES MOUFLONS II RUTA 5 NORTE KM. 445 LONG BEACH CLUB LE PRAZ DE LYS COMUNA DE COQUIMBO LEISURE RESORTS INDIAN SHORES CHANCERY LANE 74440 TANINGES IV REGION 19607 GULF BLVD CHRIST CHURCH FRANCE CHILE INDIAN SHORES, FLORIDA BARBADOS USA MAISON ORLEANS/HOTEL LAUREL SPRINGS RESORT LONGBEACH RESORT AND CLUB DE L'EAU VIVE HWY 321 LES ARCS-VILLAGE SALAMIS ROAD MERSIN 10 315 TCHOUPITOULAS STREET P O BOX 280 LES VILLARDS 1800M FAMAGUSTA NEW ORLEANS, LA COSBY, TN ARC 1800 NORTHERN CYPRUS,TURKISH REP OF USA USA 73700 BOURG ST MAURICE FRANCE LOTUS SUITES GOA MAISON PIERRE LAFITTE LE BARCHESSE DI VILLA CORNER VASWADO, BENAULIM BEACH 108 UNIVERSITY PLACE VIA C CAVASAGRA 10 LES JARDINS D'ULYSSE VIA MARIA HALL NEW ORLEANS, LA 31030 CAVASAGRA 770 CHEMIN DES MOYENNES BENAULIM USA DI VEDELAGO, (TV) BREGIERES GOA ITALY QUARTIER DE LA FONTONNE INDIA MALOLO LAILAI LAGOON RESORT 06600 ANTIBES CLUB LE GINESTRE - CUGNANA VERDE FRANCE LOWVELD LODGE C/O MUSCAT COVE RESORT VILLAGGIO CUGNANA VERDE P O BOX 1922 MALOLO LAILAI ISLAND STRADA STATALE 125 LES NATURELLES WHITE RIVER FIJI ISLANDS OLBIA - SAN PANTALEO GRIBELIERSTRASSE 37 SOUTH AFRICA 07020 OLBIA, (SS) CH-3954 LEUKERBAD MANALI RESORTS ITALY SWITZERLAND LTH RESORT KULLU MANALI NATIONAL AT SUITEHOTEL INTERSTAR HIGHWAY 21 LE HAMEAU DE BEAUREGARD LES THERMALIES LOEHNERSBACHWEG 99 KULLU DIST. ROUTE DES SALINES THERMALP A-5753 SAALBACH MANALI 97227 SAINTE ANNE LES BAINS D'OVRONNAZ AUSTRIA INDIA MARTINIQUE CH-1911 OVRONNAZ (VS) SWITZERLAND

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 87 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 88

Resorts With 21 - 50 Units MANSFIELD COUNTRY RESORT MARINA RESORT HUATULCO MEIGAS ACA RST AT HOTEL CALETA MIRAFLORES CLUB 4 BANUMUM ROAD CALLE TEHUANTEPEC 2 CERRO SAN MARTIN 325 URB. MIRAFLORES MANSFIELD, VIC BAHIA DE SANTA CRUZ FRACC. LAS PLAYAS CTRA DE CÁDIZ KM 199 AUSTRALIA HUATULCO, OAX ACAPULCO, GRO 29650 MIJAS-COSTA MEXICO MEXICO MÁLAGA MANZI MONATE SPAIN P O BOX 15395 MARINA VILLAGE MELFORT VILLAGE LYNN EAST AT SNUG HARBOR KILMELFORD MISTRA VILLAGE COMPLEX SOUTH AFRICA 645 OLD SAN CARLOS BLVD BY OBAN XEMXIJA PO BOX 2430 ARGYLL ST PAUL'S BAY MANZINI CHALETS FORT MYERS BEACH, FLORIDA SCOTLAND MALTA P O BOX 9 USA ST LUCIA MELIA AZUL IXTAPA MOLENHEIDE SOUTH AFRICA MARINE COVE RESORT BLVD.PUNTA IXTAPA MOLENHEIDESTRAAT 7 27 BARRAGE ROAD ZONA HOTELERA II B-3530 HELCHTEREN MAR Y GOLF GOOLWA, SA IXTAPA ZIHUATANEJO, GRO BELGIUM URB. PLAYA SERENA AUSTRALIA MEXICO PARCELA 12H MONATENG SAFARI LODGE 04740 ROQUETAS DEL MAR MARINER BEACH CLUB MELIA VAC. CLUB P O BOX 15318 ALMERÍA 4220 GULF BLVD AT MELIA TROPICAL LYNN EAST SPAIN ST PETE BEACH, FLORIDA PUNTA CANA SOUTH AFRICA USA HIGUEY MARCO RESORT & CLUB DOMINICAN REPUBLIC MÓNIKA HOLIDAYS 1202 BALD EAGLE DRIVE MARINER'S BOATHOUSE & BEACH AV. MARINA BAIXA S/N MARCO ISLAND, FLORIDA RESORT MELIA VAC.CLUB CALA DE FINESTRAT USA 7630 ESTERO BLVD AT MELIA CABO REAL 03509 BENIDORM FORT MYERS BEACH, FLORIDA CARR.TRANSPENINSULAR ALICANTE MARGES TIEMPO COMPARTIDO USA KM. 19.5 SPAIN AVENIDA 1 Y PASEO 105 SAN JOSE DEL CABO, BCS VILLA GESELL, BSAS MARINERS NEGRIL BEACH CLUB MEXICO MONTANA VALBEL ARGENTINA NORMAN MANLEY HIGHWAY VILLAGE MONTANA P.O. BOX 7 MELIA VAC.CLUB RUE DU SOLEIL MARIBAGO BLUEWATER BEACH NEGRIL AT MELIA P.VALLARTA 73440 VAL THORENS RESORT JAMAICA PASEO DE LA MARINA SUR FRANCE MARIBAGO LOTE H-7 BUYONG, LAPU-LAPU CITY MARINER'S POINTE RESORT MARINA VALLARTA MONT-AUX-SOURCES RESORT MACTAN ISLAND 109 MARINER'S POINTE PUERTO VALLARTA, JAL PRIVATE BAG X1670 CEBU PO BOX 2869 MEXICO BERGVILLE PHILIPPINES CROSSVILLE, TN SOUTH AFRICA USA MERANTI PARK SUITES MARINA CERO BEACH RESORT P.O.BOX 76 MONTE CARVOEIRO CLUBE BAHIA CREEK Y NAHUEL MARIPOSA DEL SOL BENTONG, BUKIT TINGGI PRAIA DO CARVOEIRO HUAPI-BALNEARIO LAS AV. DE LOS GUAYRES S/N PAHANG 8400-951 LAGOA GRUTAS PATALAVACA MALAYSIA PORTUGAL LAS GRUTAS, RN GRAN CANARIA ARGENTINA CANARY ISLANDS, SPAIN MERRIWEATHER RESORT MONTE VISTA VILLAGE RESORT 115 N ATLANTIC BLVD 8865 E. BASELINE ROAD MARINA DEL REY BEACH CLUB MAUI SUNSET FORT LAUDERDALE, FLORIDA MESA, AZ AV SABALO CERRITOS 1000 1032 S KIHEI ROAD USA USA MAZATLAN, SIN KIHEI, MAUI, HAWAII MEXICO USA METROPOLITAN CAPSIS HOLIDAY MONTEBELLO II CLUB 4800 BLACKCOMB WAY MARINA DEL SOL CONDOMINIUM MAUNA LOA VILLAGE BY THE SEA IXIA AVENUE WHISTLER, BC CALZADA SABALO/CERRITOS 78-7190 KALEIOPAPA ROAD RHODES CANADA Y RETORNO NO 2 KAILUA- KONA, HAWAII GREECE MAZATLAN, SIN USA MONTECHORO CLUBE 99 MEXICO MIKAWA ONSEN MEMBERS CLUB RUA ALEXANDRE O'NEIL MEDITERRANEE PARADISE 186-2, TERABE KASAGAI, APARTADO 855 MARINA FLATS BARRA DO UNA 2170 ROUTE DE LA CORNICHE HAZU-CHO, HAZU-GUN 8201-343 ALBUFEIRA RUA MACAE 180 D'OR AICHI-KEN 444-0702 PORTUGAL BARRA DO UNA BOULOURIS JAPAN SAO SEBASTIAO, SP 83700 ST RAPHAEL MOUNT SIERRA BRAZIL FRANCE MILLSTREAM 4 CAMP STREET GARDENS P O BOX 37 CAPE TOWN MARINA PARK HOTEL MEIA PRAIA BEACH CLUB ON BELFAST RD. TO SOUTH AFRICA AV PRESIDENTE CASTELO MEIA PRAIA DULLSTROOM BRANCO, 400 8600-305 LAGOS DULLSTROOM MOUNTAIN MEADOWS JACARECANGA PORTUGAL SOUTH AFRICA 2813 ROLLING HILLS DR FORTALEZA, CE PIGEON FORGE, TN BRAZIL MIRABELLO VILLAGE USA AGIOS NIKOLAOS CRETE GREECE

88 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 89

Resorts With 21 - 50 Units MOUNTAIN RETREAT NORTHERN OUTDOORS OLYMPIAN PALMS RESORT CLUB PACIFIC VIEW RESORT 936 CYPRESS POINT DRIVE ADVENTURE CLUB 3875 CAMBRIDGE ST 34 VICTORIA TERRACE BLUE LAKE SPRINGS BOX 100 LAS VEGAS, NV CALOUNDRA, QLD ARNOLD, CA ROUTE 201 USA AUSTRALIA USA THE FORKS, ME USA ONDAMAR PACIFICA GOLF MOUNTAIN VIEW VILLAS EDIFICIO ONDAMAR PASEO DE LA COLINA S/N AT CRANBERRY OCCIDENTAL ALLEGRO COZUMEL VALMANGUDE APARTADO 2450 PLAYA VISTA HERMOSA SIMCOE CONDOMINIUM CORP KM.16.5 CARRETERA AREIAS DE S JOAO IXTAPA ZIHUATANEJO, GRO NO 38 SN FRANCISCO PALANCAR 8200-918 ALBUFEIRA MEXICO P.O. BOX 65 COZUMEL, QROO PORTUGAL COLLINGWOOD, ON MEXICO PACIFICA SANDS CANADA ORANGE COUNTY RESORT PASEO DE LA COLINA OCCIDENTAL ALLEGRO PLAYA KARADIGODU POST PLAYA VISTA HERMOSA MTC AT BANITO BEACH RESORT GRANDE SIDDAPUR ZONA HOTELERA 283 KLANG-AOU ROAD P.O.BOX 10 KARNATAKA, COORG. IXTAPA ZIHUATANEJO, GRO TONGCHAI SUB DISTRICT RIO SAN JUAN INDIA MEXICO BANG-SA-PHAN DISTRICT DOMINICAN REPUBLIC PRACHUAP KHIRI KHAN ORE AT ST GEORGE PAHIO AT THE SHEARWATER THAILAND OCCIDENTAL ALLEGRO PUNTA OWNERS RESORTS & EXCHANGE 3730 KAMEHAMEHA CANA ST GEORGE CONDOMINIUMS PRINCEVILLE, KAUAI, HAWAII MUSKOKA SANDS II CABEZA DE TORO 280 W 2025 S USA MUSKOKA BEACH ROAD P.O. BOX 68 ST GEORGE, UT GRAVENHURST, ON HIGUEY, CABEZA DE TORO USA PAIHUEN CANADA DOMINICAN REPUBLIC RUTA NAC.234 KM 78 ORLANDO'S SUNSHINE RESORT SAN MARTIN DE LOS ANDES, NQEN NEPTUNE HOLLYWOOD BEACH OCCIDENTAL GRAND 5473 DEL VERDE WAY ARGENTINA CLUB NUEVO VALLARTA ORLANDO, FLORIDA 310 MCKINLEY ST PASEO DE LOS COCOTEROS USA PALAZZO DEL GIGLIO-RES. 2012 N SURF RD NR.18 ALBERGHIERA HOLLYWOOD, FLORIDA FRACC NAUTICO OROFINO BY STRAIGHT CREEK CAMPO S. MARIA DEL GIGLIO USA NUEVO VALLARTA, NAY 0390 STRAIGHT CREEK DRIVE SAN MARCO 2462 MEXICO PO BOX 809 30124 VENEZIA, (VE) NEWPORT BAY CLUB & HOTEL DILLON, CO ITALY 337 THAMES STREET OCEAN CLUB USA NEWPORT, RI LOTE 2 PASEO POK-TA-POK PALEROS CLUB USA CAMPO DE GOLF OSAGE NATIONAL GOLF CLUB PALEROS VILLAGE CANCUN, QROO OSAGE HILLS ROAD AITOLOAKARNANIA NIPA BEACH RESORT MEXICO PO BOX 1210 GREECE BARANGAY LAKE OZARK, MO VICTORIA CURRIMAO OCEAN SANDS BEACH CLUB USA PALM BEACH RESORT & BEACH ILOCOS NORTE 3208 HILL ST. CLUB (OFF LAOAG CITY) NEW SMYRNA BEACH, FLORIDA OTTER ROCK TIMESHARES 3031 S. OCEAN BLVD PHILIPPINES USA HIGHWAY 101 PALM BEACH, FLORIDA OTTER CREST LOOP USA NIRVANA ON THE DEAD SEA OCEAN VILLAS BEACH & OTTER ROCK, OR RESORT RACQUET CLUB USA PALMA REAL HOTEL Y VILLAS D.N SHEFECH ZOHAR 7509 N OCEAN BLVD PENINSULA JULUAPAN S/N DEAD SEA MYRTLE BEACH, SC OWNER'S CLUB MANZANILLO, COL ISRAEL USA AT THE HOMESTEAD MEXICO PO DRAWER T NOB HILL INN OCEANCLIFF I & II HOT SPRINGS, VA PALMACAOBA CONDOMINIO 1000 PINE STREET RIDGE ROAD USA KM.10 VIA TOLU-COVENAS SAN FRANCISCO, CA NEWPORT, RI PARAJE LA MARTA USA USA OYSTER BAY TOLU, SUCR 1570 US HIGHWAY 1 COLOMBIA NOBLE HEIGHTS BISAN SETO OCEANSIDE 99 SEBASTIAN, FLORIDA 1-23-4 99 SOUTH ATLANTIC AVENUE USA PAMANA ISLAND RESORT CHIKUKOH ORMOND BEACH, FLORIDA CALAPACUAN TAMANO-SHI USA PACIFIC PALACE VACATION CLUB SUBIC,ZAMBALES OKAYAMA-KEN 706-0002 AV CAMARON SABALO S/N PHILIPPINES JAPAN OCEANTIME P O BOX 411 LEGUM & NORMAN MAZATLAN, SIN PANACHE COUNTRY LODGE NORDSØ KLIT 7904 COASTAL HIGHWAY MEXICO PANACHE COUNTRY ESTATE HJELMEVEJ 15 SUITE 1 VALLEY ROAD 6854 HENNE STRAND OCEAN CITY, MD PACIFIC PALMS HOUTBAY DENMARK USA 2 LAKESIDE CRESCENT SOUTH AFRICA PACIFIC PALMS, NSW NORTH PIER OCEAN VILLAS OLYMPIA VACATION OWNERS AUSTRALIA PANAMA CITY RESORT & CLUB 1800 CANAL DRIVE 985 REGENT ROAD 16709 FRONT BEACH ROAD CAROLINA BEACH, NC OFFICE UNIT 531 PANAMA CITY BEACH, FLORIDA USA OCONOMOWOC, WI USA USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 89 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 90

Resorts With 21 - 50 Units PARADISE HARBOUR CLUB & PEARLY SHELLS PERENNIAL VACATION CLUB PLAYA GOLF MARINA 180 WILLIAMSON STREET AT TROPICAL URB. TORREQUEBRADA PARADISE ISLAND DR P.I. P O BOX 355 PLAYA DORADA PARCELA D-9 SS 5804 SCOTTBURGH PUERTO PLATA 29630 BENALMÁDENA-COSTA NEW PROVIDENCE ISLAND SOUTH AFRICA DOMINICAN REPUBLIC MÁLAGA BAHAMAS SPAIN PEEK'N PEAK'S GREENWOOD FOREST PESTANA ANGRA BEACH RESORT PARADISE ISLAND BEACH CLUB 1405 OLDE ROAD ESTRADA BENEDITO ADELINO PLAYA REAL HOTEL P.O. BOX N-10600 P.O. BOX 360 3700-RETIRO VILLAS DEL MAR PARADISE ISLAND FINDLEY LAKE, NY ANGRA DOS REIS, RJ CARRETERA SAN PEDRO DE NASSAU USA BRAZIL MACORIS PARADISE ISLAND JUAN DOLIO BAHAMAS PEND OREILLE SHORES RESORT PETERSON'S WATERFRONT RESORT DOMINICAN REPUBLIC 47390 HIGHWAY 200 103 N PARK ST PARADISE MALACCA VILLAGE- HOPE, ID PO BOX 488 PORT OWEN MARINA MELAKA USA CHELAN, WA WEST COAST ROAD AYER KEROH USA (PO BOX 117) MELAKA PENTA EN DAYS INN PORT OWEN MALAYSIA PUNTA DEL ESTE PETIT CREST VILLAS AT BIG CANOE VELDDRIF RAMBLA WILLIAM S/N 13363 HWY 53 EAST SOUTH AFRICA PARK AVENUE CONDOMINIUMS PARADA 3 MARBLE HILL, GA 1650 PARK AVENUE PLAYA MANSA USA PORTES DU SOLEIL BOX 2400 PUNTA DEL ESTE, MALD CHAMPOUSSIN VILLAGE PARK CITY, UT URUGUAY PETROCLUB ABANTBEY COUNTRY CH-1873 VAL D ILLIEZ USA CLUB SWITZERLAND PENTHOUSE BEACH CLUB ABANT YOLU,3.KM PARK HOTEL FALORIA 10182 GULF BLVD BOLU PORTO HELI RESORT LOC. ZUEL DI SOPRA TREASURE ISLAND, FLORIDA TURKEY PORTO HELI HOTEL 32043 CORTINA D'AMPEZZO, (BL) USA PORTO HELI/ARGOLIDA ITALY PICCOLO HOTEL GREECE + PEPPERTREE AT LAUREL POINT VIA DUCA DEGLI ABRUZZI 31 PARK LANE 805 SKI MOUNTAIN ROAD 16034 PORTOFINO, (GE) PORTO RIO HOTEL #117 GATLINBURG, TN ITALY RIO S MARTIN LUTHER KING BLVD USA PATRAS ATLANTIC CITY, NJ PIER 21 RESORT GREECE USA + PEPPERTREE MAGGIE VALLEY 7-9 JOHN STREET MOODY FARM ROAD NORTH FREMANTLE, WA PORTSONACHAN COUNTRY CLUB PARQUE DEL SOL BEACH CLUB P O BOX 760 AUSTRALIA NR DALMALLY PLAYA FA#ABE MAGGIE VALLEY, NC ARGYLL COSTA ADEJE USA PINE LAKE SUN COUNTRY ESTATE SCOTLAND ADEJE PO BOX 3027 TENERIFE + PEPPERTREE VACATION CLUB WHITE RIVER POSADA LA ERMITA CANARY ISLANDS, SPAIN VILLAS SOUTH AFRICA PEDRO VARGAS 64 1 HOLIDAY INN DRIVE SAN MIGUEL DE ALLENDE, GTO PASSAGE HOUSE CLUB HOTEL ASHEVILLE, NC PINECREST TOWNHOMES MEXICO KINGSTEIGNTON USA 3729 PLAZA WAY NEWTON ABBOT, DEVON PIGEON FORGE, TN POUSADA DA CONDESSA ENGLAND PEREGRINE TOWNHOMES USA AV. BEIRA RIO, 400 @ SAN LUIS PASS PARATI, RJ PASSAGE KISOKOMA-KOGEN SURFSIDE BEACH PINESTEAD REEF - VIP BRAZIL RESORT 10202 BLUEWATER HIGHWAY 1265 US 31 N 4898-554 FREEPORT, TX TRAVERSE CITY, MI POUSADA LA MANDRAGORA HIYOSHI-MURA USA USA AV. JOSE BENTO RIBEIRO KISO-GUN DANTAS 1010 NAGANO-KEN 399-6101 PERENNIAL VACATION PLACID WATERS BUZIOS, RJ JAPAN AT EAGLES' NEST FLAMINGO ROAD BRAZIL 472 NEEDLE PEAK ROAD SEDGEFIELD PAU BRASIL CENTER HOTEL STATELINE, NV SOUTH AFRICA POWDER RIDGE VILLAGE AV DOS NAVEGANTES NO. 255 USA POWDER RIDGE ROAD CENTRO PLANTATION BCH CLUB P O BOX 480 PORTO SEGURO, BA PERENNIAL VACATION @ INDIAN RIVER EDEN, UT BRAZIL AT TAHOE VILLAGE 329 N.E. TRADEWIND LAND USA 472 NEEDLE PEAK ROAD STUART, FLORIDA PAU BRASIL PRAIA HOTEL STATELINE, NV USA POWELL PLACE CITY/SHARE RODOVIA BR 369 USA 730 POWELL STREET KM 69 PLAYA ESMERALDA BEACH RESORT SAN FRANCISCO, CA PRAIA DE TAPERAPUAN PERENNIAL VACATION CLUB PASEO VINCINI USA PORTO SEGURO, BA AT BANDERA CARRETERA A SAN PEDRO DE BRAZIL 1775 RIVER RANCH DRIVE MACORIS PRAIA DAS CARAVELAS PO BOX 1434 GUAYACANES ESTRADA VELHA DE BUZIOS BANDERA, TX DOMINICAN REPUBLIC S/N USA BUZIOS, RJ BRAZIL

90 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 91

Resorts With 21 - 50 Units PRAIAS BRANCAS REGENCY HEIGHTS AT NEPTUNO RESIDENCE GRAND HOTEL CAREZZA RESIDENZA PARCO DELLO STELVIO AV. LUIZ BOITEAUX PIAZZA C/O THE REGENCY CLUB VIA CAREZZA AL LAGO 141 VIA S. ANTONIO 16 NO. 3771 CALLE CATALU|A 2, CAREZZA AL LAGO 38024 COGOLO DI PEJO, (TN) CACHOEIRA DO BOM JESUS URB. TORVISCAS ALTO ADEJE 39056 NOVA LEVANTE, (BZ) ITALY FLORIANOPOLIS, SC TENERIFE ITALY BRAZIL CANARY ISLANDS, SPAIN RESIDENZA PARCO DELLO STELVIO 2 RESIDENCE HOTEL PIZ DA LEC VIA S. ANTONIO 16/A PRIMARY HOLIDAY VILLAGE REGENT PARK APARTMENTS VIA COL ALT 10 38024 COGOLO DI PEJO, (TN) SEHIT ERGUN SK. 17-23 REGENT STREET 39033 CORVARA, (BZ) ITALY ALSANCAK SANDY BAY ITALY GIRNE HOBART, TAS RESORT CLUB MYKONOS NORTHERN CYPRUS,TURKISH REP OF AUSTRALIA RESIDENCE LAURIN AV. BORGONO NO.16180 VIA CAREZZA 127 RENACA PRINCESS BEACH RESORT & CASINO REGINA BEACH CAREZZA AL LAGO CHILE DR MARTIN L KING BLVD 8 HURGADA 39056 NOVA LEVANTE, (BZ) WILLEMSTAD RED SEA ITALY RESORT COUNTRY CLUB CURACAO EGYPT PACHGAON - TAURU ROAD NETHERLANDS ANTILLES RESIDENCE MER & GOLF EUGENIE TEHSIL - TAURU RESIDENCE 13 CIME 54 RUE DE MADRID DISTRICT - GURGAON PUCON I VIA VEDIG 64200 BIARRITZ GURGAON,HARYANA HOLZAPFEL 190 23030 S.CATERINA VALFURVA, (SO) FRANCE INDIA PUCON ITALY REGION DE LA ARAUCANIA RESIDENCE MONT-CALME RESORT SIXTY-SIX CHILE RESIDENCE ALBA VERBIER HAUTE NENDAZ 6600 GULF DRIVE RUE DE LA PISCINE CH-1997 HAUTE NENDAZ HOLMES BEACH, FLORIDA PUNTEPIEDRA CP37 SWITZERLAND USA COVENAS CH-1936 VERBIER COVENAS, SUCR RESIDENCE PANORAMA VILLARS RHC /NASSAU MARRIOTT CRYSTAL COLOMBIA RESIDENCE AMINA VILLARS PALACE RUE IBN OUDARI CASE POSTALE 209 CABLE BEACH PYRAMISA SHARM ELSHEIKH HIVERNAGE CH-1884 VILLARS SUR OLLON WEST BAY STREET RESORT MARRAKECH SWITZERLAND NASSAU SHARM ELSHEIKH MOROCCO NEW PROVIDENCE ISLAND SOUTH SINAI RESIDENCE RIO D'ELBA BAHAMAS EGYPT RESIDENCE ARTUIK LOCALITA' LA GINESTRA LOCALITA' MARILLEVA 1400 57039 RIO NELL'ELBA, (LI) RHC @ BRIGANTINE BEACH CLUB QUINTA DO LAGO COUNTRY CLUB 38020 MEZZANA/VAL DI SOLE, (TN) ITALY 4500 W BRIGANTINE AVE TERRACOS DA RIA FORMOSA ITALY BRIGANTINE, NJ QUINTA DO LAGO RESIDENCE SOLDANELLA USA 8135-901 ALMANCIL RESIDENCE BAIA DI CALIPSO VIA SERRONCELLI PORTUGAL CONTRADA SIENA LOCALITA' LACENO RHC @ SANDSTONE CREEK CLUB 98054 FURNARI MARINA, (ME) 83043 BAGNOLI IRPINO, (AV) 1020 VAIL VIEW DR QUINTA SPLENDIDA JARDIM ITALY ITALY VAIL, CO BOTANICO USA SITIO DA VARGEM RESIDENCE CERVINIA 1 RESIDENCE SOTTSASS CANICO MAISON DE VACANCES STRADA NINZ 60 RHC 9125-001 CANICO, MADEIRA CONDOMINIO GRANDE OURSE 39030 LA VILLA IN BADIA, (BZ) @ STREAMSIDE AT VAIL-ASPEN PORTUGAL LOCALITA' CIELOALTO ITALY 2284 S FRONTAGE ROAD W 11021 BREUIL CERVINIA, (AO) VAIL, CO RAMS HORN VILLAGE RESORT ITALY RESIDENCE SPORT HOTEL ASTORIA USA 1565 COLORADO HIGHWAY 66 LA VILLA 51 PO BOX 1438 RESIDENCE CLUB CALA VIOLA 39030 LA VILLA IN BADIA, (BZ) RHC ESTES PARK, CO LOC. SOS ALINOS - OROSEI ITALY @ STREAMSIDE AT VAIL-CEDAR USA 08028 OROSEI, (NU) 2284 FRONTAGE ROAD WEST ITALY RESIDENCE VACANCES NO 1 VAIL, CO RAS RESORTS SILVASSA MARINA BAIE DES ANGES USA 128 (P)(1)SILVASSA NAROLI RESIDENCE CORMORANI 2 PORT MARINA ROAD BAIA SARDINIA COMMODORE RHC/LAKE PLACID CLUB LODGES SILVASSA 07021 ARZACHENA, (SS) 06270 VILLENEUVE LOUBET P.O. BOX 976 DADRA & NAGAR HAVELLI ITALY FRANCE MIRROR LAKE DRIVE INDIA LAKE PLACID, NY RESIDENCE COTE D`AZUR RESIDENCE VACANCES NO. 2 USA RED WOLF LAKESIDE LODGE DE CHAM MARINA BAIE DES ANGES 7630 N LAKE BLVD HOTEL CHAM PALACE,LATAKIA PORT MARINA RHC/PARK ROYAL VILLAS IXTAPA P O BOX 384 ELSHATE ELAZRAK ROUTE DU BORD DE MER BLVD. IXTAPA S/N TAHOE VISTA, CA LATAKIA VILLENEUVE LOUBET ZONA HOTELERA USA SYRIA FRANCE IXTAPA ZIHUATANEJO, GRO MEXICO RESIDENCE GOLFHOTEL RESIDENCE VERDE MARE COSTALUNGA VIA SAN GEMILIANO 10 VIA NAZIONALE LOCALITA' SAN GEMILIANO 38030 PASSO COSTALUNGA, (TN) 08041 TORTOLI ARBATAX, (NU) ITALY ITALY

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 91 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 92

Resorts With 21 - 50 Units RIO SELVA RESORT ROCKLEY PLUMTREE CLUB ROYAL HOST CLUB / SAND ACRES BEACH CLUB DESVIO KM. 76 A COROICO PO BOX 74-W ROYAL HARBOUR RES. SAND ACRES HOTEL HUARINILLAS - NOR YUNGAS WORTHING 1 HARBOUR STREET MAXWELL COAST ROAD DEPARTAMENTO LA PAZ CHRIST CHURCH THORNBURY, ON CHRIST CHURCH NOR YUNGAS BARBADOS CANADA BARBADOS BOLIVIA ROYAL ALOHA TAHOE /RAVC ROYAL PALACE HOTEL SAND AND SURF CONDOMINIUM RIO SELVA RESORT SANTA CRUZ 317 QUAKING ASPEN LANE 5 EL SHERATON STREET 2535 S. ATLANTIC AVE KM 23 CARRETERA AL NORTE PO BOX 3296 HURGHADA DAYTONA BEACH SHORES, FLORIDA DETRAS SOCIEDAD RURAL STATELINE, NV RED SEA USA DEL ORIENTE USA EGYPT SANTA CRUZ DE LA SIERRA SAND CASTLE/QUALTON CLUB BOLIVIA ROYAL ALOHA VEGAS / RAVC ROYAL PALM BEACH CLUB - BELIZE PTO. PLATA 360 EAST DESERT INN RD SOUTH COCONUT DRIVE PUERTO CHIQUITO RIPTIDE II BEACH CLUB LAS VEGAS, NV P.O. BOX 18 SOSUA 2804 N OCEAN BLVD USA AMBERGRIS CAYE DOMINICAN REPUBLIC MYRTLE BEACH, SC SAN PEDRO ISLAND USA ROYAL ATLANTIC HOTEL BELIZE SAND CLUB AV. CENTRAL 321 URB. GOLF DEL SUR RIVER BANK LODGE BALNEARIO CAMBORIU, SC ROYAL REEF KARMINA PALACE SAN MIGUEL DE ABONA 24 RIVER RUN RD BRAZIL AV. VISTA HERMOSA NO.13 TENERIFE KEYSTONE, CO PENINSULA DE SANTIAGO CANARY ISLANDS, SPAIN USA ROYAL BALI BEACH CLUB MANZANILLO, COL @ CANDIDASA MEXICO SAND PEBBLES RIVER RESORT PURI BUITAN 535 S. HIGHWAY 101 MURRAY RIVER DRIVE MANGGIS ROYAL REGENCY SOLANA BEACH, CA SOUTH YUNDERUP, WA BALI 69-71 RUE DE FRANCE USA AUSTRALIA INDONESIA 94300 VINCENNES FRANCE SANDCASTLE BEACH CLUB RIVER RUN CONDOMINIUMS ROYAL CLUB INT'L AT CANMORE 905 ESTERO BLVD ATTITASH MOUNTAIN VILLAGE CHATEAU CANMORE RESORT ROYAL RESERVE SAFARI & BEACH FORT MYERS BEACH, FLORIDA RT 302 1720 BOW VALLEY TRAIL CLUB USA BOX 358 CANMORE, AB PO BOX 34190 BARTLETT, NH CANADA KIKAMBALA SANDCASTLE COVE USA KANAMAI CONFERENCE BCH RD 1141 BROAD CREEK ROAD ROYAL DECAMERON FARALLON MOMBASA NEW BERN, NC RIVER VIEW RESORT 115 KMS.A PANAMA KENYA USA RT 2, 357 MAYVILLE RD COSTA BLANCA BETHEL, ME PANAMA SAN BERNARDINO COUNTRY GOLF SANDCASTLE VILLAGE II USA CLUB 1141 BROAD CREEK ROAD ROYAL GARDENS KM 45 AV. CENTRAL Y LAGO NEW BERN, NC RIVER VILLAGE I - SHAWNEE AT SUNSET BEACH CLUB YPACARAI USA PO BOX 93 AVENIDA DEL SOL, 5 SAN BERNARDINO, SBER SHAWNEE-ON-DELAWARE, PA 29630 BENALMÁDENA-COSTA PARAGUAY SANDPIPER BEACH CLUB USA MÁLAGA 6414 MIDNIGHT PASS ROAD SPAIN SAN BUENAVENTURA DE ATITLAN SIESTA KEY RIVERVIEW RESORT CONDOMINIUM DOMICILIO CONOCIDO SARASOTA, FLORIDA 37 NEPTUNE LN ROYAL HOST CLUB / LA PAZ PANAJACHEL USA SOUTH YARMOUTH, MA SALVATIERRA ST #100 GUATEMALA USA CORNER WITH BELIZARIO SANDRIFT RESORT DOMINGUEZ ST. SAN CLEMENTE COVE 613 EAST LAKE DRIVE ROCA MAR SPORTS AND COUNTRY LA PAZ, BCS 104 S ALAMEDA NAPLES, FLORIDA CLUB MEXICO SAN CLEMENTE, CA USA CANICO DE BAIXO USA APARTADO 23 ROYAL HOST CLUB / PORTOFINO SANDS OF INDIAN WELLS 9125-028 CANICO, MADEIRA AV.CABO SAN LUCAS Y SAN DIEGO SUITES / CALIFORNIA 75-188 HIGHWAY 111 PORTUGAL SERDAN BEACH INDIAN WELLS, CA CABO SAN LUCAS, BCS URB. MARINA DEL SOL USA ROCA PARK MEXICO CTRA. DE CÁDIZ, KM 206,5 AVDA SAN AGUSTÍN KM 1,800 29650 MIJAS COSTA SANDS VACATION RESORT PORT DES TORRENT ROYAL HOST CLUB/ LAKE EUFAULA MÁLAGA 2040 MESQUITE AVE 07830 SAN JOSÉ EVERGREEN MARINA SPAIN LAKE HAVASU CITY, AZ IBIZA, BALEARIC ISLANDS RT. 4, BOX 5122 USA SPAIN STIGLER, OK SAN FELIPE RESORT USA KM 4.5 CARRETERA SANDY POINT BEACH CLUB ROCKAWAY BEACH RESORT SAN FELIPE-AEROPUERTO CROWN POINT 615 N PACIFIC AVE ROYAL HOST CLUB / SAN FELIPE, BCN TOBAGO ROCKAWAY BEACH, OR HOLLY BLUFF MARINA MEXICO TRINIDAD AND TOBAGO USA 2280 HONTOON ROAD DELAND, FLORIDA SANDY POINT BEACH RESORT USA 41 LABRADOR ST LABRADOR, QLD AUSTRALIA

92 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 93

Resorts With 21 - 50 Units SANDY SHORES CONDOMINIUMS SEA SIDE BEACH CLUB SHENANDOAH CROSSING SMUGGLER'S COVE RESORT 3159 S. ATLANTIC AVE. 501 BRINY AVE TOWNHOMES 1501 GULF DRIVE N. DAYTONA BEACH SHORES, FLORIDA POMPANO BEACH, FLORIDA 10 SHENANDOAH CROSSING DR BRADENTON BEACH, FLORIDA USA USA GORDONSVILLE, VA USA USA SANIBEL BEACH CLUB SEA VILLAS SNOWATER 626 NERITA ST 2201 HILL ST SHERATON MORIAH EILAT 10500 MT BAKER HIGHWAY SANIBEL ISLAND, FLORIDA NEW SMYRNA BEACH, FLORIDA NORTH BEACH PO BOX 5002 USA USA P.O.B 135 GLACIER, WA EILAT USA SANIBEL BEACH CLUB II SEACASTLES RESORT ISRAEL 205 PERIWINKLE WAY AT OGUNQUIT SNOWCREST MANOR, MANALI SANIBEL ISLAND, FLORIDA 104 SHORE ROAD SHORELINE TOWERS BEYOND LOG HUTS USA PO BOX 816 1155 W BEACH BLVD MANALI OGUNQUIT, ME GULF SHORES, AL INDIA SANIBEL COTTAGES USA USA 2341 W. GULF DRIVE SNOWMASS INN SANIBEL ISLAND, FLORIDA SEASHELLS BEACHFRONT RESORT SHUSWAP LAKES RESORT CLUB 25 DALY LANE USA LOT 18 DIAMOND BEACH ROAD 101 MARTIN STREET PO BOX 5640 HALLIDAYS POINT, NSW SICAMOUS, BC SNOWMASS VILLAGE, CO SANTAMAR CLUB & CONVENTION AUSTRALIA CANADA USA CENTER KM. 8 VIA AL RODADERO SEASONS AT BURN PARK SIERRA PARAISO HTL. SODWANA BAY LODGE POZOS COLORADOS STRATTON Y CENTRO CONV. PRIVATE BAG X317 SANTA MARTA, MAGD BUDE, CORNWALL LOMA BONITA NO.27 MBAZANE COLOMBIA ENGLAND MAZAMITLA, JAL SOUTH AFRICA MEXICO SCHLOSS GRUBHOF SEASONS AT CLUB TAHITI SOL NEU SCHLOSS GRUBHOF NO. 2 C/ ISLA DE LOBO 12 SILVER LAKES VACATION CLUB BAQUEIRA-BERET A-5092 ST MARTIN B LOFER PARCELA 280 27160 VISTA ROAD 25598 SALARDÚ AUSTRIA COSTA TEGUISE PO BOX 113 LERIDA LANZAROTE HELENDALE, CA SPAIN SCHOONER LANDING CANARY ISLANDS, SPAIN USA 201 N W 66TH DRIVE SOLANAS COUNTRY CLUB PO BOX 703 SEAWATCH LANDING SILVER SEAS RUTA INTERBALNEARIA NEWPORT, OR 215 ATLANTIC AVE 101 N. ATLANTIC BLVD KM, 118.5 USA GARDEN CITY BEACH, SC FORT LAUDERDALE, FLORIDA PUNTA DEL ESTE, MALD USA USA URUGUAY SCIABECCO RESIDENCE CLUB PORTO OTTIOLU SEAWATCH ON THE BEACH SILVERSANDS SOLANAS POUSADA DO ARVOREDO 08020 BUDONI, (NU) 6550 ESTERO BLVD 16 ERSKINE TERRACE RUA TILAPIA 99 ITALY FORT MYERS BEACH, FLORIDA ADDINGTON BEACH BOMBINHAS, SC USA DURBAN BRAZIL SEA CLUB IV SOUTH AFRICA 3229 S ATLANTIC AVE SENEDO SPRINGS SOLANAS TERMAS DEL DAYMAN DAYTONA BEACH SHORES, FLORIDA ROUTE 263 WEST SILVERSANDS II CALLE LOS MOLLES S/N USA PO BOX 297 16 ESKRINE TERRACE BARRIO JARDINES DE TERMAS BASYE, VA ADDINGTON BEACH DEL DAYMAN SEA CLUB V USA DURBAN SALTO, SLTO 6744 SARASEA CIRCLE SOUTH AFRICA URUGUAY SARASOTA, FLORIDA SEVEN SEAS RESORT CONDO USA 2433 S ATLANTIC AVE SILVERSANDS III SOLARA SURFSIDE DAYTONA BEACH SHORES, FLORIDA 16 ESKRINE TERRACE 8801 COLLINS AVENUE SEA MIST RESORT OF MAINE USA ADDINGTON BEACH SURFSIDE, FLORIDA ROUTE 1 AT ROUTE 9B DURBAN USA 733 POST ROAD SHANTY CREEK LODGES SOUTH AFRICA P.O BOX 1524 1 SHANTY CREEK ROAD SOUTH OCEAN GOLF & BEACH WELLS, ME BELLAIRE, MI SKI SIDE VILLAGE RESORT USA USA BIG POCONO/CAMELBACK ROAD SOUTH OCEAN DRIVE PO BOX 154 PO BOX N-8191 SEA OATS BEACH CLUB SHARED OWNERSHIP TANNERSVILLE, PA SOUTH OCEAN BEACH 1720 GULF BLVD AT SANDS OF KAHANA USA NEW PROVIDENCE ISLAND ENGLEWOOD, FLORIDA 4299 LOWER HONOPIILANI RD BAHAMAS USA LAHAINA, HAWAII SKIER'S EDGE USA 5 1/2 MILES S HIGHWAY 9 SOUTH SHORE LAKE RESORT SEA PINES PLANTATION BRECKENRIDGE, CO 201 HAMILTON OAKS DRIVE 33 OFFICE PARK ROAD SHELL ISLAND BEACH CLUB USA HOT SPRINGS, AR C/O THE RESALE COMPANY 255 PERIWINKLE WAY USA HILTON HEAD ISLAND, SC SANIBEL ISLAND, FLORIDA SMOKETREE LODGE USA USA 11914 HIGHWAY 105 S BANNER ELK, NC USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 93 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 94

Resorts With 21 - 50 Units SOUTHERN CALIFORNIA BEACH STERLING DAYS INN, PURI SUN & SURF HOTEL SUNBURST CONDOMINIUMS CLUB 255/2 & 3 CALLE PRINCIPAL CABARETE 3325 MEADOW LANE 121 S PACIFIC ST SIPASURUBALI VILLAGE CABARETE STEAMBOAT SPRINGS, CO OCEANSIDE, CA ORISSA DOMINICAN REPUBLIC USA USA PURI INDIA SUN CLUB & PLAZA LAS GLORIAS SUNRISE BEACH CLUB SOUTHWIND II PARAISO 1212 N ATLANTIC AVENUE 20 POPE AVENUE STILHEUWELS COSTERA MIGUEL ALEMAN 163 DAYTONA BEACH, FLORIDA EXECUTIVE PARK RD STE 200 MUIR STREET ACAPULCO, GRO USA HILTON HEAD ISLAND, SC STILBAAI MEXICO USA SOUTH AFRICA SUNSET LAGOON HTL & MARINA SUN CLUB / CONTINENTAL PLAZA *ALL INCL* SOUTHWIND VILLAS STRANDSLOT FERIELEJLIGHEDER IXTAPA BLVD.KUKULKAN KM 5.8 C/O SOUTHWIND MANAGEMENT STRANDGADE 18 BLVD.IXTAPA S/N ZONA HOTELERA PO BOX 6685 SANDVIG ZONA HOTELERA CANCUN, QROO 35 DEALLYON AVENUE 3770 ALLINGE IXTAPA ZIHUATANEJO, GRO MEXICO HILTON HEAD ISLAND, SC DENMARK MEXICO USA SUNSET POINTE STRATFORD CT NARROWBOATS SUN CLUB / CONTINENTAL PLAZA 1044 WILLIAM HILTON PKWY SPICEBUSH @ SEA PINES @ EVESHAM PLAYACAR WELCOME CENTER 1044 WILLIAM HILTON PKWY EVESHAM MARINA BAHIA DEL ESPIRITU SANTO HILTON HEAD ISLAND, SC WELCOME CENTER KINGS ROAD ESQ. ABRAIRA DE ARRIBA USA HILTON HEAD ISLAND, SC EVESHAM FRACC. PLAYACAR USA WORCS PLAYA DEL CARMEN, QROO SUNSET VIEW CLUB ENGLAND MEXICO GOLF DEL SUR SPINNAKER AT SHIPYARD SAN MIGUEL DE ABONA BARCELONA DRIVE STRATFORD CT NARROWBOATS: SUN MEMBERS AKAKURA TENERIFE CANARY ISLANDS SHIPYARD PLANTATION STRATFORD 488 AKAKURA CANARY ISLANDS, SPAIN PO BOX 8048 WESTERN ROAD MARINA MYOKO-KOHGEN-CHO HILTON HEAD ISLAND, SC WESTERN ROAD NAKAKUBIKI-GUN * SUNTERRA PAPAKEA USA STRATFORD UPON AVON NIIGATA-KEN 949-2111 3543 HONOAPIILANI HWY WARWICKSHIRE JAPAN LAHAINA, MAUI, HAWAII SPORTHOTEL BRENNES ENGLAND USA BRENNES 14 SUN MEMBERS KAGOSHIMA D-94252 STREAMSIDE AT VAIL - ASPEN KAGOSHIMA SUN HOTEL * SUNTERRA PONO KAI BAYERISCH EISENSTEIN 2264 S FRONTAGE ROAD W 19-14 HORIE-CHO 4-1250 KUHIO HIGHWAY GERMANY, FEDERAL REP OF VAIL, CO KAGOSHIMA-SHI KAPAA, KAUAI, HAWAII USA KAGOSHIMA-KEN 892-0824 USA * SPRING CREEK RANCH JAPAN PO BOX 4780 STREAMSIDE AT VAIL - BIRCH * SUNTERRA SEA VILLAGE JACKSON HOLE, WY 2284 S FRONTAGE ROAD W SUN MEMBERS NAGOYA NISHIKI 75-6002 ALII DRIVE USA VAIL, CO SUN HOTEL NAGOYA KAILUA-KONA, HAWAII, HAWAII USA 3-13-30 USA ST MELLION GOLF & COUNTRY NISHIKI NAKA-KU CLUB STREAMSIDE AT VAIL - CEDAR NAGOYA-SHI AICHI 460-0003 SUNTERRA THE VILLAGE ST MELLION 2284 S FRONTAGE ROAD W JAPAN AT STEAMBOAT NR SALTASH VAIL, CO 2400 PINE GROVE ROAD CORNWALL USA SUN MEMBERS NAGOYA PO BOX 775168 ENGLAND SHIRAKAWA STEAMBOAT SPRINGS, CO STREAMSIDE AT VAIL - DOUGLAS VIA SHIRAKAWA USA ST TROPEZ RESORT 2284 S FRONTAGE ROAD W 2-7-13 20 DUNDEE BAY DR VAIL, CO SAKAE NAKA-KU NAGOYA-SHI SUNTIDE QUNU LODGE PO BOX 587 USA AICHI-KEN 460-0008 P O BOX 224 FREEPORT JAPAN IXOPO GRAND BAHAMA ISLAND SUITES AL MAR SOUTH AFRICA BAHAMAS H. IRIGOYEN SUN MEMBERS OKUSHIMA ESQ. MONTEVIDEO 804 KAMINOHA HAZAMAURA SUNTIDE WINKLESPRUIT STALLION SPRINGS RESORT MAR DE AJO, BSAS NANSEI-CHO WATARAI-GUN P O BOX 383 28950 HORSE THIEF DRIVE ARGENTINA MIE-KEN 516-0116 ANERLEY TEHACHAPI, CA JAPAN SOUTH AFRICA USA SUITES RIVIERA HOLIDAY PLAN AVENIDA CAMARON SABALO 51 SUN MEMBERS TOKYO SHINBASHI SURF RIDER RESORT CONDOMINIUM STERLING DAYS INN MANALI MAZATLAN, SIN REKKU ONARIMON 1441 S. OCEAN BLVD PRINI,MANALI NAGAR MEXICO 3-24-5 POMPANO BEACH, FLORIDA ROADWAY (HIGHWAY) NISHI-SHINBASHI MINATO-KU USA LEFT BANK SUMMER PLACE TOKYO 105-0003 MANALI DISTRICT KULLU PENNSYLVANIA AVE AND JAPAN SURFERS ROYALE INDIA ROUTE 1 9 NORTHCLIFFE TERRACE BETHANY BEACH, DE SUN PACIFIC VILLAS SURFERS PARADISE, QLD USA 123 MURICATA AVE AUSTRALIA MOUNT MAUNGANUI NEW ZEALAND

94 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 95

Resorts With 21 - 50 Units SURFRIDER BEACH CLUB TAMARIND SANDS THE BEACH CLUB THE EDELWEISS 555 EAST GULF DR 49 TAMARIND AVENUE AT ST AUGUSTINE BIG MOUNTAIN SKI RESORT SANIBEL ISLAND, FLORIDA CABARITA BEACH BEACH AND TENNIS RESORT BOX 846 USA BOGANGAR, NSW A1A AT 2 OCEAN TRACE ROAD WHITEFISH, MT AUSTRALIA ST AUGUSTINE, FLORIDA USA SUTHERLAND CROSSING USA PO BOX 883 TANYANG TOURIST HOTEL THE EDGEWATER CRYSTAL BEACH, FLORIDA 264-2 SANGJIN-RI THE BEACH CONDOMINIUM CHASE AVENUE USA TANYANG-EUP 8459 GULF BLVD DENNISPORT, MA TANGYANG-KEUN NAVARRE BEACH, FLORIDA USA SWALLOWTAIL @ SEA PINES CHUNGCHEONGBUK-DO USA 1044 WILLIAM HILTON PKWY KOREA, REP OF (SOUTH) THE EDINBURGH RESIDENCE WELCOME CENTER THE BRIGHT RESORT 7 ROTHESAY TERRACE HILTON HEAD ISLAND, SC TAUPO IKA NUI STACKEY GULLY ROAD EDINBURGH USA 64-66 LAKE TERRACE BRIGHT, VIC SCOTLAND TAUPO AUSTRALIA SWAN MOUNTAIN RESORT NEW ZEALAND THE GOLDEN STRAND 57 CARTIER COURT THE BURNSIDE PARK OWNERS 1529 N. VIRGINAI DARE TR DILLON, CO TAYLORSVILLE LAKE RESORT CLUB P.O. BOX 1917 USA 125 TANGLEWOOD CT. BURNSIDE PARK KILL DEVIL HILLS, NC PO BOX 771 KENDAL RD USA SWEETWATER AT LAKE CONROE TAYLORSVILLE, KY BOWNESS-ON-WINDERMERE APRIL SOUND COUNTRY CLUB USA CUMBRIA THE HAMILTONIAN HOTEL/ 1000 APRIL SOUND BLVD ENGLAND ISLAND CLUB MONTGOMERY, TX TENERIFE SUN CLUB LANGTON HILL USA PARQUE DON JOSE THE CARAVANSERAI BEACH PEMBROKE COSTA DEL SILENCIO RESORT BERMUDA TABLE ROCK LANDING TENERIFE BEACON HILL ROAD #2 ON HOLIDAY ISL CANARY ISLANDS, SPAIN BEACON HILL THE HARBOUR CLUB AT DUQUESA 1 LANDING DRIVE SINT MAARTEN EL CAMERON, BLOCK 6 HOLIDAY ISLAND, AR THALACAP CATALOGNE NETHERLANDS ANTILLES PUERTO DE LA DUQUESA USA THALASSOTHERAPIE 29691 MANILVA CASTEL BEAR THE CARIBBEAN PRINCESS RST. & MÁLAGA TABLEVIEW CABANAS 66650 BANYULS SUR MER YACHT SPAIN 9 ATHENS ROAD FRANCE CALLE GALEON D9-5 TABLEVIEW APARTADO POSTAL 370 THE HARWICH PORT CAPE TOWN THE ALLAMANDA PHUKET ZONA HOTELERA 558 MAIN STREET SOUTH AFRICA 29 MOO 4 SRISOONTHORN RD CANCUN, QROO HARWICH PORT, MA CHERNGTALAY MEXICO USA TAHOE CHAPARRAL AMPHUR TALANG 400 FAIRVIEW PHUKET THE CAROLINA CLUB + THE HEIDELBERG INN PO BOX 3888 THAILAND PO BOX 8048 85 BOULDER-LAKE VIEW INCLINE VILLAGE, NV HILTON HEAD ISLAND, SC PO BOX DRAWER L USA THE AMBASSADOR CLUB USA JUNE LAKE, CA HURGHADA USA TAHOE SUMMIT VILLAGE RED SEA THE CLIFFS RESORT 750 WELLS FARGO LANE EGYPT 3811 EDWARD ROAD THE HOMESTEAD PO BOX 4917 P.O.BOX 223699 WOODRIDGE ROAD STATELINE, NV THE ASPEN AND ASPEN VILLAGE PRINCEVILLE, KAUAI, HAWAII GLEN ARBOR, MI USA 1607 N DAVIS #149 USA USA MCCALL, ID TAINO BEACH VACATION RESORT USA THE CLUB AT FOUNTAIN HILLS + THE INN AT SILVER LAKES CLUB 16545 EAST GUNSIGHT DRIVE 14818 CLUBHOUSE DRIVE JOLLY ROGER DRIVE THE BANDERA HOMESTEAD FOUNTAIN HILLS, AZ PO BOX 26 PO BOX 3819 1775 RIVER RANCH DRIVE USA HELENDALE, CA FREEPORT PO BOX 1434 USA GRAND BAHAMA ISLAND BANDERA, TX THE CLUB OF CAPE COD BAHAMAS USA 177 LOWER COUNTY RD THE KAROS LODGE DENNIS PORT, MA THE KAROS LODGE TAI-PAN HOTEL + THE BAY VOYAGE USA P O BOX 54 NO.25 SUKHUMVIT SOI #23 150 CONANICUS AVE SKUKUZA BANGKOK JAMESTOWN, RI THE COLONNADE SOUTH AFRICA THAILAND USA 245 JESS JO PARKWAY BRANSON, MO THE KENMORE CLUB TALANQUERA VACATION CLUB THE BEACH CLUB USA KENMORE JUAN DOLIO AT MONTEGO INN LOCH TAY SAN PEDRO DE MACORIS 1307 S. OCEAN BLVD THE COLONY PERTHSHIRE DOMINICAN REPUBLIC MYRTLE BEACH, SC 1301 ATLANTIC AVE SCOTLAND USA VIRGINIA BEACH, VA USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 95 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 96

Resorts With 21 - 50 Units THE KENNEDY STRAND THE OWNER'S CLUB THE REEF + THE SHORES AT LAKE TRAVIS 116 THE STRAND AT BARTON CREEK AT MARATHON RESORT CLUB 1917 AMERICAN DRIVE SLIEMA CREEK 8212 BARTON CLUB DRIVE 6800 OVERSEAS HIGHWAY LAGO VISTA, TX SLIEMA AUSTIN, TX MARATHON, FLORIDA USA MALTA USA USA THE SOUTH SEAS CLUB THE KIMBALL THE OWNER'S CLUB THE RESORT AT BEAR LAKE INTERVAL MANAGEMENT 150 N MAIN ST AT HILTON HEAD 757 BEAR LAKE BLVD SOUTH SEAS PLANTATION RD SALT LAKE CITY, UT 22 ABERDEEN CT GARDEN CITY, UT PO BOX 194 USA C/O OWNER'S CLUB USA CAPTIVA, FLORIDA HILTON HEAD, SC USA THE KULEANA CLUB USA THE RIDGE AT SUNRIVER 3959 LOWER HONOAPIILANI BEAVER AND RIDGE DRIVES THE SUITES PO BOX 45 THE PACIFIC RESORT BROADBEACH PO BOX 3400 AT EASTERN SLOPE INN LAHAINA, MAUI, HAWAII 2 ALBERT AVENUE SUNRIVER, OR 2760 MAIN ST USA BROADBEACH, QLD USA PO BOX 359 AUSTRALIA NORTH CONWAY, NH THE LAKESIDE VILLAS THE RIDGE ON LAKE GRANBURY USA 96 LAKE TERRACE THE PANTGLAS OWNERS CLUB 6450 KELLY DRIVE TAUPO LLANFYNYDD GRANBURY, TX THE SURF CLUB NEW ZEALAND CARMARTHEN USA 1 READ ST CARMARTHENSHIRE DEWEY BEACH, DE THE LODGE WALES THE RIDGE SIERRA USA 540 US 380 WEST 265 QUAKING ASPEN RUNAWAY BAY, TX THE PARIS RESIDENCE P O BOX 2157 THE SURF CLUB RESORT USA 35 RUE DE BERRI LAKE TAHOE, NV 540 S COLLIER BLVD 75008 PARIS USA MARCO ISLAND, FLORIDA THE LODGE FRANCE USA AT HORSESHOE RESORT THE RIVIERA HORSESHOE VALLEY THE PARK SUITES 273 BEACH ROAD THE VILLAGE HOLIDAY CLUB RR 1 BOX 10 GRAHAM STREET SEAPOINT KOUTOULOUFARI BARRIE, ON SLIEMA SOUTH AFRICA LIMENAS HERSONISSOU CANADA MALTA NOMOS IRAKLIOU THE ROYAL HARBOUR RESORT CRETE THE LODGE AT LAKE TAHOE * THE PINES 1 HARBOUR STREET GREECE 3840 PIONEER TRAIL AT TREETOP CONDOMINIUMS THORNBURY, ON SOUTH LAKE TAHOE, CA 594 HORSESHOE BEND PKWY CANADA THE VILLAGES AT MANGO KEY USA LAKE OZARK, MO 3201 LINDFIELDS BOULEVARD USA THE ROYAL PALM CLUB KISSIMMEE, FLORIDA THE LODGES AT CRESTHAVEN AT THE ARUBA GRAND USA 3210 LAKE SHORE DR THE PINES RESORT J.E. IRAUSQUIN BLVD 79 LAKE GEORGE, NY 79 DUNGARVON STREET ORANJESTAD THE WAVES USA WANAKA ARUBA 136TH STREET AND NEW ZEALAND NETHERLANDS ANTILLES COASTAL HIGHWAY THE MAKAI CLUB AT PRINCEVILLE OCEAN CITY, MD 4180 LEI O PAPA ROAD THE PRINCESS HOLIDAY CLUB THE RUSHES USA PRINCEVILLE, KAUAI, HAWAII HURGHADA 3014 RUSHES ROAD USA RED SEA BAILEYS HARBOR, WI THE WHARF EGYPT USA 408 LONG ISLAND DRIVE THE NATIVE SUN HOT SPRINGS, AR 1950 S. OCEAN BLVD THE QUARTERS THE SAVOY HOTEL USA POMPANO BEACH, FLORIDA LEGUM & NORMAN REALTY 455 OCEAN DRIVE USA 7904 COASTAL HIGHWAY MIAMI BEACH, FLORIDA THE WINDJAMMER SUITE 1 USA 5619 VIRGINIA DARE TRAIL THE OCEAN CLUB VILLAS OCEAN CITY, MD MILE POST 15 CUPECOY BEACH USA THE SEAPOINTER PO BOX 1266 SINT MAARTEN 11 MARAIS RD NAGS HEAD, NC NETHERLANDS ANTILLES THE QUARTERS AT LAKE GEORGE SEA POINT USA 3014 LAKE SHORE DR. CAPE TOWN THE OCEAN CLUB WATERVIEW RT. 9N SOUTH AFRICA THE WINDRIFTER APARTMENTS LAKE GEORGE, NY 337 S MAIN STREET 146 LOWLANDS USA THE SEASONS PO BOX 608 CUPECOY BEACH 5736 TEXAS AVENUE WOLFEBORO, NH SINT MAARTEN THE QUARTERS AT MARLIN COVE ORLANDO, FLORIDA USA NETHERLANDS ANTILLES 106A EDWARD TAYLOR RD & USA 120TH ST BAYSIDE THE WREN THE OSBORNE CLUB OCEAN CITY, MD THE SEASONS RESORT 500 S FRONTAGE ROAD HESKETH CRESCENT USA 1815 VT RTE #100 VAIL, CO MEADFOOT BEACH WARREN, VT USA TORQUAY USA DEVON ENGLAND

96 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 97

Resorts With 21 - 50 Units TIARA DEL SOL CONDOMINIUMS TRADERS INN BEACH CLUB TROUTBECK INN VICTORS SAIL ROCK RESORT CAMELOT MOUNTAIN 1355 OCEAN SHORE BLVD PRIVATE BAG 2000 NO. 612 226 EXCALIBUR ROAD ORMOND BEACH, FLORIDA NYANGA CHUAN-FAN ROAD P O BOX 7148 USA ZIMBABWE HENG-CHUN TOWN RUIDOSO, NM PING-TUNG COUNTY USA * TRAFALGAR BEACH VILLAS TURTEL SORGUN HOLIDAY VILLAGE TAIWAN PO BOX 1585 SORGUN TIEMPO COMPARTIDO AVANDARO ST JOHN'S ANTALYA VILLA BLANCA AV FONTANA RICA 3 SECCION ANTIGUA AND BARBUDA TURKEY LOTES 28 Y 29 MANZ 3 FONTANA APDO POSTAL 189 SECCION R.BLVD CHAHUE FRACC. AVANDARO TRAIL CREEK CONDOMINIUMS TURTLE INN HUATULCO, OAX VALLE DE BRAVO, MEX EAST MOUNTAIN ROAD 3233 S. ATLANTIC AVE MEXICO MEXICO KILLINGTON, VT DAYTONA BEACH SHORES, FLORIDA USA USA VILLA VERA PUERTO ISLA MUJERES TIMBER RUN PUERTO DE ABRIGO S/N 265 FOREST TRAIL TRANEKLIT TURTLE REEF CLUB PROLONGACION AEROPUERTO PO BOX 3095 GL. SKAGEN 10800 S OCEAN DRIVE ISLA MUJERES, QROO WINTER PARK, CO 9990 SKAGEN JENSEN BEACH, FLORIDA MEXICO USA DENMARK USA VILLAGE CARAIBE TENNIS GOLF & TIMBER TRAIL HEIGHTS TREASURE ISLAND TYBRISA BEACH RESORT BCH RST PARWANOO DEOGHAR VILLAGE 1 15TH ST PLAYA DORADA PARWANOO OPP. KARLA MTDC TYBEE ISLAND, GA PUERTO PLATA INDIA LONAVALA USA DOMINICAN REPUBLIC INDIA TIMESHARE VAUGRENIER VACANCES DORADO VILLAGE CASCAIS SUITE HOTEL LES HAUTS DE VAUGRENIER TREASURE ISLAND BEACH CLUB AV SHAW 1281 ENTRE RUA FREI NICOLAU OLIVEIRA HAMEAU LES ENGLADES 11750 GULF BLVD. BESUGO Y DORADO PARQUE DA GANDARINHA ALLEE DE COLLE LONGUE TREASURE ISLAND, FLORIDA PINAMAR, BSAS 2750-641 CASCAIS 06270 VILLENEUVE LOUBET USA ARGENTINA PORTUGAL FRANCE TRESCO +VACATION CLUB & RESORT OF VILLAGE OF LOON MOUNTAIN TONNARA DI BONAGIA THE TRESCO ESTATE HERSHEY CONDOS PIAZZA TONNARA ISLES OF SCILLY 176 E HERSHEY PARK DRIVE ROUTE 112 91010 BONAGIA VALDERICE, (TP) CORNWALL HERSHEY, PA KANCAMAGUS HIGHWAY ITALY ENGLAND USA LINCOLN, NH USA TORRE DE CALI TRISTRAM'S LANDING VACATION INN RESORT & CLUB AVENIDA DE LAS AMERICAS TRISTRAM'S GROUP 10 VACATION INN DR. VILLAGE OF WINNIPESAUKEE NO.18N-26 TRISTRAM'S LANDING BOX 4517 ROUTE 3 CALI, VALL NANTUCKET, MA COLLINGWOOD, ON PO BOX 5276 COLOMBIA USA CANADA WEIRS BEACH, NH USA TORRENUEVA PARK TROPIC LEISURE CLUB VACATION VILLAGE URB. TORRENUEVA @ MAGENS PT RST 50 SETTLEMENT POINT RD VILLAGE PRATAGY CTRA DE CÁDIZ KM 200 MAGENS BAY ROAD PORT MACQUARIE, NSW RODOVIA AL 101 NORTE 29650 MIJAS COSTA ST THOMAS, VI AUSTRALIA KM. 10, S/N MÁLAGA USA RIACHO DOCE SPAIN VACATION VILLAGE MACEIO, AL TROPICAL BREEZE AT RUNNING MON BRAZIL TOSHALI ROYAL VIEW 17001 FRONT BEACH ROAD 208 KELLY CT & KNOTTS BLV PO MUNDA GHAT PANAMA CITY BEACH, FLORIDA P.O. BOX F-42663 VILLAGE RESORT VIA KANDA GHAT,KUFRI USA FREEPORT, GRAND BAHAMA 288 HASTINGS RIVER DR CHAIL ROAD,SHILON BAGH BAHAMAS PORT MACQUARIE, NSW SHIMLA TROPICAL REFUGE AUSTRALIA INDIA CALLE GOMEZ VANDERBILT BEACH & HARBOUR MANZANILLO PLAYA EL AGUA CLUB VILLAGGIO EMMANUELE TOWA PURE HOTEL & COTTAGE MUNCPO.ANTOLIN DEL CAMPO 9301 GULF SHORE DRIVE LOCALITA' IPPOCAMPO 3375 TAKAKU-OTSU ISLA DE MARGARITA, NESP NAPLES, FLORIDA VIA DELLE FOLAGHE NASU-CHO VENEZUELA USA 71043 MANFREDONIA, (FG) NASU-GUN ITALY TOCHIGI-KEN 325-0303 TROPICAL SANDS RESORT VENTURA AT BOCA RATON JAPAN 7785 ESTERO BLVD 2301 S. OCEAN BLVD. VILLAS AT GIANTS RIDGE FORT MYERS BEACH, FLORIDA BOCA RATON, FLORIDA COUNTY ROAD 138 TOWNCENTER AT JACKSON HOLE USA USA PO BOX 350 325 W BROADWAY BIWABIK, MN PO BOX 967 TROPICANA SUR VIA ROMA BEACH RESORT USA JACKSON HOLE, WY PUERTO CHIQUITO 2408 GULF DRIVE NORTH USA SOSUA BRADENTON BEACH, FLORIDA VILLAS AT POCO DIABLO DOMINICAN REPUBLIC USA 1752 HIGHWAY 179 PO BOX 2252 SEDONA, AZ USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 97 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 98

Resorts With 21 - 50 Units VILLAS AT SUMMER BAY WAVE CREST WILDERNESS DUNES +WORLDMARK ANGELS CAMP 17805 US HWY 192 1400 OCEAN AVE MAIN ROAD IN WILDERNESS 123 SELKIRK RANCH ROAD KISSIMMEE, FLORIDA DEL MAR, CA BETWEEN KNYSNA AND ANGELS CAMP, CA USA USA GEORGE (PO BOX 391) USA WILDERNESS VILLAS DE COSTA DORADA WEST OAKS SOUTH AFRICA +WORLDMARK ARROW POINT EMILIO GONZALEZ 900 25 LAKESHORE DRIVE 4570 S ARROW POINT DRIVE ISABELA, PR PO BOX 119 WIMPEN SUE#O AZUL HARRISON, ID USA ARNOLDS PARK, IA CALLAO SALVAJE USA USA ADEJE VILLAS DEL MAR BEACH CLUB TENERIFE +WORLDMARK BEAR LAKE LOTE A MARINA FIDEPAZ WESTWIND MANOR CANARY ISLANDS, SPAIN 365 RASBERRY PATCH RD. LA PAZ, BCS 10 HILLTOP DRIVE P.O. BOX 373 MEXICO P.O. BOX 607 WINDERMERE MARINA VILLAGE GARDEN CITY, UT RUNAWAY BAY, TX BOWNESS-ON-WINDERMERE USA VILLAS EL MOLINO USA CUMBRIA SALIDA REAL A QUERETARO 1 ENGLAND WORLDMARK BISON RANCH SAN MIGUEL DE ALLENDE, GTO WESTWOOD SHORES RESORT 2269 HIGHWAY 260 MEXICO 4303 BAY SHORE DR WINDJAMMER CONDOMINIUMS OVERGARRD, AZ STURGEON BAY, WI 605 POINT BROWN AVE NW USA VILLAS OF SEDONA USA P O BOX 366 120 KALLOF PLACE OCEAN SHORES, WA +WORLDMARK DISCOVERY BAY PO BOX 2252 WHISKI JACK AT THE IRONWOOD USA 141 ORCAS DRIVE SEDONA, AZ #104 - 4319 MAIN STREET PORT TOWNSEND, WA USA WHISTLER, BC WINDJAMMER RESORT & BEACH USA CANADA CLUB VILLAS ON THE LAKE 4244 EL MAR DRIVE +WORLDMARK KAPAA SHORE 17578 HWY 105 WEST WHISKI JACK AT THE SNOWBIRD LAUDERDALE-BY-THE-SEA, FLORIDA 4-0900 KUHIO HIGHWAY MONTGOMERY, TX #104 - 4319 MAIN STREET USA KAPAA, KAUAI, HAWAII USA WHISTLER, BC USA CANADA WINDSOR HOUSE VILLAS PARAISO CALLE 95 NO.9-97 WORLDMARK KIHEI PASEO DE LAS GAVIOTAS WHISKI JACK BOGOTA, DC 75 ALANUI KE ALII DR. LOTE 1 MANZANA 3 AT THE WESTIN RESORT COLOMBIA KIHEI, MAUI, HAWAII SECCION III 4090 WHISTLER WAY USA IXTAPA ZIHUATANEJO, GRO WHISTLER, BC WING ON GOLF COUNTRY CLUB MEXICO CANADA NO. 39 +WORLDMARK LA PALOMA PANCHUFAKENG VILLAGE KM 28.2 CARRETERA LIBRE A VILLAS SOL PLAYA HERMOSA WHISPERING WOODS TONG SHAN ENSENADA INT. 295, PLAYA HERMOSA 67800 E NICKLAUS WAY TAINAN COUNTY ROSARITO, BCN GUANACASTE WELCHES, OR TAIWAN MEXICO COSTA RICA USA WIVC CORAL MAR +WORLDMARK LAS VEGAS VINTAGE LANDING WHISPERING WOODS II POK-TA-POK AVENUE LOT 23 4225 SPENCER STREET CONDOMINIUMS 67800 E NICKLAUS WAY CANCUN, QROO LAS VEGAS, NV 2140 BAGNELL DAM BLVD WELCHES, OR MEXICO USA STE 101 CLIFFSIDE CENTRE USA LAKE OZARK, MO WIVC LA PALOMA +WORLDMARK MARINER VILLAGE USA WHISTLER RESORT & CLUB KILOMETRO 28.5 1331 OCEAN SHORES BLVD SW LAKE PLACID ROAD CARRETERA P O BOX 1970 VISTA AMADORES PO BOX 279 TIJUANA-ENSENADA OCEAN SHORES, WA C/ROQUE DE LOS MUCHACHOS WHISTLER, BC PLAYAS DE ROSARITO, BCN USA FASE 6, PUERTO RICO CANADA MEXICO MOGAN +WORLDMARK MONTEREY BAY GRAN CANARIA WHISTLER VACATION CLUB WIVC MAR AZUL 3295 DUNES DRIVE CANARY ISLANDS, SPAIN @ TWIN PEAKS GONZALO DE SANDOVAL #190 MARINA, CA 4365 NORTHLANDS BOULEVARD FRACC. MAGALLANES USA WATERBERG GAME PARK WHISTLER, BC ACAPULCO, GRO P O BOX 700 CANADA MEXICO +WORLDMARK VAALWATER NORTHSHORE ESTATES SOUTH AFRICA WHITBARROW COUNTRY CLUB WOLF CREEK VILLAGE 53134 ROAD 432 WHITBARROW HALL 3900 N WOLF CREEK DRIVE BASS LAKE, CA WATERBURY INN BERRIER P.O. BOX 475 USA 10325 WATER ST PENRITH EDEN, UT PO BOX 149-R CUMBRIA USA +WORLDMARK EPHRAIM, WI ENGLAND SCHOONER LANDING USA WOODS MANOR CONDOMINIUMS 201 NW 66TH DR WHITBARROW VILLAGE ALPINE MEADOWS MGMT PO BOX 703 WATERWOOD TOWNHOUSES WHITBARROW HALL 416 S. RIDGE STREET NEWPORT, OR 1141 BROAD CREEK ROAD BERRIER PO BOX 8076 USA NEW BERN, NC PENRITH CUMBRIA BRECKENRIDGE, CO USA ENGLAND USA

98 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 99

Resorts With 21 - 50 Units +WORLDMARK ADVENTURE INN BEACH & GOLF APARTHOTEL CERRO ALAGOA ATLAS AT CLUB PLAYA VISTA STEAMBOAT SPRINGS CLUB CERRO ALAGOA RESORTS 2400 PINE GROVE CIRCLE BOX 5646 LOTE 26 C/O AZTEC COUNTRY CLUB STEAMBOAT SPRINGS, CO HILTON HEAD ISLAND, SC 8200-916 ALBUFEIRA URB/ RIVIERA DEL SOL USA USA PORTUGAL 29650 MIJAS-COSTA MALAGA +WORLDMARK SURF SIDE INN AEOLOS BEACH CLUB APPLE MOUNTAIN RESORT SPAIN 31512 J PLACE PERAMA 200 APPLESEED COURT OCEAN PARK, WA CORFU CLARKSVILLE, GA ATLAS AT GEO GROUP USA GREECE USA AT IMPERIALAKES MEADOW OAKS CONDOMINIUMS +WORLDMARK TAHOE III ALBATROS BEACH CLUB AND AQUAMARINE VILLAS MULBERRY, FLORIDA 202 TRAMWAY DRIVE HOTEL 711 SOUTH MYERS STREET USA STATELINE, NV HURGHADA OCEANSIDE, CA USA RED SEA USA ATLAS EGYPT AT GRANGEFIELD OASIS CLUB +WORLDMARK VANCOUVER ARABA FENICE VILLAGE URB. RIVIERA DEL SOL 1080 HORNBY ST ALHAMBRA AT POINCIANA LOC. S. ANDREA AVDA DE LAS PALMERAS S/N VANCOUVER, BC 500 E. CYPRESS PARKWAY 73020 TORRE DELL'ORSO, (LE) 29647 MIJAS-COSTA CANADA POINCIANA, FLORIDA ITALY MÁLAGA USA SPAIN +WORLDMARK ARROYO ROBLE RESORT WHISTLER CASCADE LODGE ALPINE CLUB 100 ARROYO ROBLE ROAD ATLAS AT LAGUNA DE BORACAY 4315 NORTHLANDS BLVD ALPINE WEG 142 PO BOX 2264 RESORT WHISTLER, BC ROHRMOOS SEDONA, AZ BORACAY ISLAND CANADA A-8970 SCHLADMING USA MALAY, AKLAN AUSTRIA PHILIPPINES +WORLDMARK ARUBA BEACH CLUB WHISTLER SUNDANCE ALTO LIDO OF MADEIRA J E IRAUSQUIN BLVD 53 ATLAS AT PUEBLO LAGUNA BEACH 409-2221 GONDOLA WAY ESTRADA MONUMENTAL 316 ORANJESTAD CLUB 2 WHISTLER, BC 9004-529 FUNCHAL, MADEIRA ARUBA APDO. CORREOS 336 CANADA PORTUGAL NETHERLANDS ANTILLES VERA 04630 GARRUCHA WYBAS FOCA HOLIDAY RESORT AMERICANA VILLAGE ATLANTIC BEACH CLUB ALMERÍA CANAK MEVKII 3845 PIONEER TRAIL PASEO COSTA CANARIA S/N SPAIN YENI FOCA SOUTH LAKE TAHOE, CA PLAYA DEL INGLÉS IZMIR USA GRAN CANARIA, ATLAS AT RGBC AT MONTERIO TURKEY CANARY ISLANDS, SPAIN ARPORA-BAGA ROAD AMPALIUS ARPORA XIV (EKSIV) NARUTO HOTEL VILA GALE AMPALIUS ATLAS AT CLUB CALAHONDA BARDEZ 167, AZA-KAMIMITSU ALAMEDA PRAIA DA MARINA URB. SITIO DE CALAHONDA GOA ORINO, KITANADA-CHO APARTADO 751 CRTA DE CADIZ KM 196,5 INDIA NARUTO-SHI 8126-408 VILAMOURA 29650 MIJAS COSTA TOKUSHIMA-KEN 771-0376 PORTUGAL MALAGA ATLAS AT RGBC-ROYAL PALMS JAPAN SPAIN BENAULIM BEACH ROAD AMPHORAS HOLIDAY INN RESORT SALCETE YOTAU ALL SUITES HOTEL OM-ELSEID CLIFF ATLAS AT CLUB CARONTE CASVADDO, BENAULIM AV. SAN MARTIN NO.7 SHARM ELSHEIKH URB. RIVIERA DEL SOL GOA BARRIO EQUIPETROL SOUTH SINAI C/ ZEUS INDIA SANTA CRUZ DE LA SIERRA EGYPT 29650 MIJAS-COSTA BOLIVIA MALAGA ATLAS AT SUNSET BEACH CLUB ANFI BEACH CLUB SPAIN AVDA. DEL SOL, 5 BARRANCO DE LA VERGA 29630 BENALMÁDENA-COSTA ARGUINEGUIN ATLAS AT CLUB DELTA MAR MÁLAGA GRAN CANARIA URB. RIVIERA DEL SOL SPAIN Resorts With 51 or CANARY ISLANDS, SPAIN C/ LIBRA 29650 MIJAS-COSTA ATLAS AT VERA BEACH CLUB More Units ANTIGUA VILLAGE BEACH CLUB MALAGA AVDA.JUAN S. EL CANO S/N P O BOX 649 SPAIN URB. PUEBLO LAGUNA A PLACE @ THE BEACH III ST JOHN'S 04630 VERA 1904 FORT MACON ROAD ANTIGUA AND BARBUDA ATLAS AT CLUB MARBELLA ALMERÍA PO BOX 1090 URB. SITIO DE CALAHONDA SPAIN ATLANTIC BEACH, NC APARTAMENTOS TROPICAL PARK C/ MONTE PARAISO USA AVENIDA EL JABLE, 41 29650 MIJAS-COSTA ATRIUM RESORT CALLAO SALVAJE MALAGA 315 21ST ST ACUASOL ADEJE SPAIN VIRGINIA BEACH, VA URB. PE#ISMAR TENERIFE USA AV. PAPA LUNA S/N CANARY ISLANDS, SPAIN 12598 PE#ÍSCOLA ATTITASH MOUNTAIN VILLAGE CASTELLON ROUTE 302 SPAIN BOX 358 BARTLETT, NH USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 99 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 100

Resorts With 51 or More Units AUCANADA CLUB BAKUBUNG LODGE BEAVER FOREST CHALET VILLAS + BLUE RIDGE VILLAGE C/ DES MIRADOR S/N P O BOX 6805 634 BEAVER LAKE DRIVE HIGHWAY 184 PTO. DE ALCUDIA RUSTENBURG UNIT 5147 3781 TYNECASTLE HIGHWAY 07410 ALCUDIA SOUTH AFRICA ELLIJAY, GA BANNER ELK, NC MALLORCA,BALEARIC ISLANDS USA USA SPAIN BALBOA TOWERS CALZADA CAMARON SABALO * BEAVER RUN RESORT BLUE WHALE AURAMAR BEACH CLUB ESQUINA CALLEJON GUERRERO 620 VILLAGE ROAD 904 N STRAND APARTHOTEL AURAMAR MAZATLAN, SIN BRECKENRIDGE, CO OCEANSIDE, CA PRAIA DOS AVEIROS MEXICO USA USA 8200-377 ALBUFEIRA PORTUGAL BANFF ROCKY MOUNTAIN RESORT BELAIR BEACH HOTEL + BLUEBEARD'S CASTLE BANFF AVENUE P.O. BOX 940 P O BOX 7480 AVALON MUSSOORIE BOX 100 LITTLE BAY BEACH ST THOMAS, VI ROCKCLIFF ESTATE, BANFF, AB SINT MAARTEN USA GUNHILL, OPP.ST MARRYS CANADA NETHERLANDS ANTILLES HOSPITAL BOAMBEE BAY RESORT MUSSOORIE BARCLAY TOWERS + BENTLEY BROOK MOUNTAIN CLUB 8 BARBER CLOSE INDIA 809 ATLANTIC AVENUE COREY RD TOORMINA VIRGINIA BEACH, VA HANCOCK, MA COFFS HARBOUR, NSW AWANA GENTING HL GOLF & USA USA AUSTRALIA COUNTRY RST 8TH MILE BAREFOOT'N IN THE KEYS BERKSHIRE BY THE SEA BOHEMIA GOLD CLUB LESNI MLYN GENTING HIGHLANDS AT OLD TOWN 126 N. OCEAN BLVD. TREBIZSKEHO 204 PAHANG DARUL MAKMUR 2750 FLORIDA PLAZA DELRAY BEACH, FLORIDA CZ-35301 MARIANSKE LAZNE PAHANG KISSIMMEE, FLORIDA USA CZECH REPUBLIC MALAYSIA USA BEVERLY HILLS CLUB BOUGAINVILLEA BEACH RESORT BABILONIA SUITES BARRIER ISLAND STATION - CALLE RODEO,9, MAXWELL COAST ROAD CERRO EL MORRO, KITTY HAWK URB. OASIS DEL SUR CHRIST CHURCH FTE. PLAYA CANGREJO, 1 CYPRESS KNEE TRAIL LOS CRISTIANOS,ARONA BARBADOS LECHERIAS, KITTY HAWK, NC TENERIFE PUERTO LA CRUZ, ANZT USA CANARY ISLANDS, SPAIN BREAKERS VENEZUELA 88 LAGOON DRIVE BARRIER ISLAND STATION-DUCK BEVERLY HILLS HEIGHTS (PO BOX 75) BAHIA BLANCA 1245 DUCK ROAD C/SIERRA NEVADA,1 UMHLANGA ROCKS AV. DE LA CORNISA S/N DUCK, NC URB.OASIS DEL SUR SOUTH AFRICA PUERTO RICO USA LOS CRISTIANOS,ARONA MOGAN TENERIFE BRECKENRIDGE CLUB GRAN CANARIA, BAUEN APART HOTEL CANARY ISLANDS, SPAIN AT TRADEWINDS CANARY ISLANDS, SPAIN AV CORRIENTES 1856 5700 GULF BLVD CAPITAL FEDERAL, BSAS BLUE BAY CLUB ST PETE BEACH, FLORIDA BAHIA DEL SOL BEACH RESORT ARGENTINA CARR. PUERTO JUAREZ USA PASEO DE LOS COCOTEROS Y PUNTA SAM KM. 1.5 RETORNO COZUMEL BAYVIEW CLUB AT EL PRESIDENTE CANCUN, QROO BREEZY POINT TIMESHARE NUEVO VALLARTA, NAY COSTERA MIGUEL ALEMAN 89 MEXICO PO BOX 285 MEXICO ACAPULCO, GRO BREEZY POINT, MN MEXICO BLUE BAY GETAWAY USA BAHIA DEL SOL CASINO & BEACH BLVD.KUKULKAN KM. 3.5 RESORT BEACH HOUSE GOLF & RACQUET ZONA HOTELERA BREWSTER GREEN KM.78 BLVD. COSTA DEL SOL CLUB CANCUN, QROO 203 LUND FARM WAY PLAYA COSTA DEL SOL 6800 N OCEAN BLVD MEXICO BREWSTER, MA EL ZAPOTE MYRTLE BEACH, SC USA EL SALVADOR USA BLUE BAY GETAWAY PHASE II BLVD. KUKULCAN S/N KM 3.5 BRIARWOOD BAHIA ESCONDIDA BEACH HOUSE SEASIDE RESORT ZONA HOTELERA PINE VALLEY DRIVE PRESA RODRIGO GOMEZ CNR MARINE PARADE CANCUN, QROO FALMOUTH, MA CARR NACIONAL 85 KM 244 AND MCLEAN STREET MEXICO USA SANTIAGO, NL COOLANGATTA, QLD MEXICO AUSTRALIA BLUE MARINE RESIDENCE BRIDGEPORT RESORT LIDO DEL SOLE 50 LARCH ST BAHIA MANZANO BEACHCOMBER INTERNATIONAL 71012 RODI GARGANICO, (FG) STURGEON BAY, WI RUTA NACIONAL 231 RESORT ITALY USA PUERTO MANZANO S/N 122 GRIFFITH STREET VILLA LA ANGOSTURA, NQEN COOLANGATTA, QLD BLUE MARLIN HOTEL BUGANVILIAS RESORT VACATION ARGENTINA AUSTRALIA 180 SCOTT STREET CLUB P O BOX 24 BLVD. FRANCISCO MEDINA BAIA D'ORO RESIDENCE CLUB BEACON ISLAND HOTEL SCOTTBURGH ASCENCIO NO.999 VIA ALFIERI BEACON ISLAND SOUTH AFRICA PUERTO VALLARTA, JAL 73059 TORRE MOZZA UGENTO, (LE) BEACON ISLE DRIVE MEXICO ITALY (PRIVATE BAG 1001) PLETTENBERG BAY SOUTH AFRICA

100 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 101

Resorts With 51 or More Units BUSHMAN'S NEK BERG & TROUT CANTO DEL SOL PLAZA VALLARTA CARRIAGE HILLS RESORT CAUSEWAY ON GULL RESORT CARRETERA AL AEROPUERTO 1101 HORSESHOE VALLEY RD. 8087 LOST LAKE RD P O BOX 22018 KM 2.5 ZONA HOTELERA R.R.1 NISSWA, MN GLENASHLEY LAS GLORIAS BARRIE, ON USA SOUTH AFRICA PUERTO VALLARTA, JAL CANADA MEXICO CEDAR LAKE COUNTRY RESORT & BUZIOS MEGA RESORT BAUEN CASA DEL MAR EQUESTR HOTEIS CAPRI 621 S ATLANTIC AVE 555 NERANG-MURWILLUMBAH ESTRADA VELHA DE BUZIOS STRÖMSTAD ORMOND BEACH, FLORIDA ROAD S/N PRAIA DAS CARAVELAS 452 90 STRÖMSTAD USA ADVANCETOWN, QLD CAIXA POSTAL 112331 SWEDEN AUSTRALIA BUZIOS, RJ CASA DEL MAR BEACH RESORT BRAZIL CARAMBOLA BEACH RESORT J E IRAUSQUIN BLVD 51 CEDARBROOK ESTATE DAVIS BAY PO BOX 368 JCT. RT. 4 & 100 SOUTH CABANA BEACH PO BOX 3031 ORANJESTAD W. BRIDGEWATER, VT 10 LAGOON DRIVE KINGSHILL ARUBA USA (PO BOX 10) ST CROIX, VI NETHERLANDS ANTILLES UMHLANGA ROCKS USA CELEBRATION WORLD RESORT SOUTH AFRICA CASA GRANDE VISTA PACIFICO 7503 ATLANTIS WAY CARIA HOLIDAY RESORT KM. 3.5 CARRETERA A KISSIMMEE, FLORIDA CABILDO SUITES BABADAG MEVKII BARRA DE NAVIDAD USA CABILDO 1950 48600 PUERTO VALLARTA, JAL CAPITAL FEDERAL, BSAS SARIGERME MEXICO CENTRO SOLARIA ARGENTINA MUGLA LOC. MARILLEVA 1400 TURKEY CASA YBEL RESORT 38020 MEZZANA/VAL DI SOLE, (TN) CALABOGIE LODGE RESORT 2255 W. GULF DRIVE ITALY MILL STREET CARIBOU HIGHLANDS LODGE PO BOX 167 PO BOX 220 371 SKI HILL ROAD SANIBEL ISLAND, FLORIDA CENTRO VACANZE VERONZA # 729 BAGOT TWSP PO BOX 99 USA VIA NONEDOL 1 CALABOGIE, ON LUTSEN, MN 38033 CARANO, (TN) CANADA USA CASAS DEL SOL HTL SUITES & ITALY BEACH RST CALINDA VIVA CANCUN CARIHUELA PARK-PALACE URB. PLAYA EL ANGEL CHAKAS ROCK CHALETS PASEO KUKULKAN LOTE 2 CALLE MIAMI S/N. DISTRITO MANEIRO ESTADO P O BOX 363 ZONA HOTELERA KM 8.5 29620 TORREMOLINOS NUEVA ESPARTA BALLITO PO BOX 673 MÁLAGA ISLA DE MARGARITA, NESP SOUTH AFRICA CANCUN, QROO SPAIN VENEZUELA MEXICO CHALET HIGH NORTH CARLSBAD INN BEACH RESORT CASTELLO SAN MARCO FAIRWAY DRIVE CALLAO GARDEN 3075 CARLSBAD BLVD VIA SAN MARCO 40 CREEKSIDE FITNESS CENTER CALLAO SALVAJE CARLSBAD, CA 95011 CALATABIANO, (CT) BASYE, VA ADEJE USA ITALY USA TENERIFE CANARY ISLANDS, SPAIN CARLSBAD SEAPOINTE RESORT CASTELMAR HOTEL CHAMPAGNE SPORTS RESORTS 6400 SURFSIDE LANE RUA FELIPE SCHMIDT 1260 PRIVATE BAG X9 CAMERON HOUSE CARLSBAD, CA CENTRO CENTRAL BERG LOCH LOMOND USA FLORIANOPOLIS, SC NEAR WINTERTON ALEXANDRIA BRAZIL WINTERTON DUNBARTONSHIRE CARLTON PALMS SOUTH AFRICA SCOTLAND RUA DO GORGULHO 17 CASTLEBURN 9000-107 FUNCHAL, MADEIRA CASTLEBURN FARM CHANNEL ISLAND SHORES CANA BRAVA RESORT HOTEL PORTUGAL P O BOX 280 1311 MANDALAY BEACH ROAD RODOVIA ILHEUS UNDERBERG OXNARD, CA CANAVIEIRAS, KM. 24 CARLTON VILLAGE SOUTH AFRICA USA ILHEUS, BA ESTRADA MONUMENTAL 194 BRAZIL SAO MARTINHO CASTLETON CHATEAU DALE BEACH RESORT 9000-098 FUNCHAL, MADEIRA PIESANGVALLEY ROAD 430/13 MOO 12 CANADA HOUSE BEACH CLUB PORTUGAL (PO BOX 1988) NONGPRUE 1704 N. OCEAN BLVD PLETTENBERG BAY BANGLAMUNG POMPANO BEACH, FLORIDA CARPEDIEM ASSISI LIVING CLUB SOUTH AFRICA CHONBURI, PATTAYA USA LOC. PIAN DELLA PIEVE THAILAND 06081 ASSISI, (PG) CATALINA BEACH CLUB CANCUN CLIPPER CLUB ITALY 1303 S ATLANTIC AVE CHAYOFA COUNTRY CLUB BLVD. KUKULCAN KM. 8.5 DAYTONA BEACH, FLORIDA URB. CHAYOFA HOTEL ZONE CARPEDIEM ROMA GOLF CLUB USA LOS CRISTIANOS CANCUN, QROO VIA DI MARCO SIMONE 80 ARONA, MEXICO 00012 GUIDONIA MONTECELIO, (RM) CATALINAS SUITES APART HOTEL TENERIFE, ITALY TUCUMAN 313 CANARY ISLANDS, SPAIN CAPITAL FEDERAL, BSAS ARGENTINA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 101 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 102

Resorts With 51 or More Units CHRISTMAS MOUNTAIN RESORT CLUB AQUARIUS-AQUAMAR CLUB FLIPPER VIP CONDOMINIUMS CLUB INTRAWEST - WHISTLER ROUTE 16 C/ TEIDE 6 TILKICIK MEVKII 4580 CHATEAU BOULEVARD CHRISTMAS MOUNTAIN ROAD PUERTO DEL CARMEN YALIKAVAK WHISTLER, BC GLEN, NH LANZAROTE BODRUM CANADA USA CANARY ISLANDS, SPAIN TURKEY CLUB JAMAICA BEACH RESORT CHRISTMAS MOUNTAIN VILLAGE CLUB ARMONIA BODRUM EVLERI CLUB HOTEL CASAPUEBLO MAIN STREET HWY "H" KADIKALESI MEVKII PUNTA BALLENA D.MALDONADO PO BOX 342 S 944 CHRISTMAS MOUNTAIN GUMUSLUK PUNTA DEL ESTE, MALD OCHO RIOS WISCONSIN DELLS, WI TURGUTREIS URUGUAY JAMAICA USA BODRUM-MUGLA TURKEY CLUB HOTEL CATEDRAL CLUB JARDINES PARAISOL + CIMARRON GOLF RESORT CERRO CATEDRAL RESIDENCIAL PARAISOL A LEISURE INDUSTRIES CO. CLUB CALA BLANCA VILLA CERRO CATEDRAL C/ CIUTAT DE REUS Nº 19 67-707 30TH AVENUE PARCELAS 31.01/02 SAN CARLOS DE BARILOCHE, RN 43840 SALOU CATHEDRAL CITY, CA URB. TAURITO ARGENTINA TARRAGONA USA MOGAN SPAIN GRAN CANARIA CLUB HOTEL DUT BARILOCHE CLC AT CLUB CARONTE CANARY ISLANDS, SPAIN AV.EZEQUIEL BUSTILLO KM. * CLUB LA COSTA URB. RIVIERA DEL SOL 20.400, CAMINO LLAO-LLAO AT ALBAMAR GOLF C/ ZEUS CLUB CALAHONDA SAN CARLOS DE BARILOCHE, RN URB. RIVIERA DEL SOL 29650 MIJAS-COSTA URB. SITIO DE CALAHONDA ARGENTINA CTRA. DE CADIZ, KM 198 MALAGA CRTA DE CÁDIZ KM 196,5 29650 MIJAS COSTA SPAIN 29650 MIJAS-COSTA CLUB HOTEL EILAT MALAGA MÁLAGA PO BOX 4444 SPAIN CLC AT CLUB PLAYA VISTA RESORTS SPAIN EILAT C/O AZTEC COUNTRY CLUB ISRAEL CLUB LA COSTA AT LAS FAROLAS URB. RIVIERA DEL SOL CLUB CARONTE URB. LAS FAROLAS 29650 MIJAS-COSTA URB. RIVIERA DEL SOL CLUB HOTEL LAS DUNAS CTRA DE CÁDIZ KM 203 MALAGA C/ ZEUS RUTA 10 KM.163 29650 MIJAS-COSTA SPAIN 29650 MIJAS-COSTA PLAYA DE MANANTIALES MÁLAGA MÁLAGA PUNTA DEL ESTE, MALD SPAIN CLC AT MALIBU VILLAGE SPAIN URUGUAY 141 AVE DES HAUTS DE CLUB LA COSTA CANET CLUB CASA DORADA BEACH & CLUB HOTEL TIBERIAS AT MARINA DEL REY 66140 CANET EN ROUSILLON GOLF RST. AHAD HAAM STREET URB. MARINA DEL SOL FRANCE CARR.TRANSPENINSULAR TIBERIAS CTRA. CÁDIZ KM. 206,5 KM. 18.5 ISRAEL 29650 MIJAS-COSTA CLC AT SUN BEACH HOLIDAY CLUB SAN JOSE DEL CABO, BCS MÁLAGA IALYSSOS BEACH MEXICO CLUB HOTEL VIKING SPAIN P.O. BOX 272 PRAIA SENHORA DA ROCHA RHODES CLUB CASABLANCA 8400-450 PORCHES CLUB LA COSTA GREECE URB. BOTANICO PORTUGAL AT MARINA DEL SOL APTO.CORREOS 233 URB MARINA DEL SOL CLOWANCE ESTATE AND COUNTRY PUERTO DE LA CRUZ CLUB IN EILAT CTRA DE CÁDIZ KM 206,5 CLUB TENERIFE CORAL BEACH 29650 MIJAS COSTA PRAZE-AN-BEEBLE CANARY ISLANDS, SPAIN P.O.B 1505 MÁLAGA CAMBORNE EILAT SPAIN CORNWALL CLUB DEDEMAN BODRUM EVLERI ISRAEL ENGLAND GUMBET CLUB LA COSTA AT MARINA PARK GUNDONUMU MEVKII CLUB INTERNACIONAL DE CANCUN URB MARINA DEL SOL CLUB ABBAZIA BODRUM BOULEVARD KUKULKAN LOTES CTRA DE CÁDIZ KM 206 ERZSEBET KIRALYNE U. 23 MUGLA C2 AND C2A KM. 5 29650 MIJAS COSTA H-8360 KESZTHELY TURKEY ZONA HOTELERA MÁLAGA HUNGARY CANCUN, QROO SPAIN CLUB DELTA MAR MEXICO CLUB ALBUFEIRA URB. RIVIERA DEL SOL CLUB LA MAR ESTRADA DE FERREIRAS C/ LIBRA CLUB INTRAWEST - PALM DESERT AV. MARITIMA 25 8200-397 ALBUFEIRA 29650 MIJAS-COSTA 1 WILLOW RIDGE PUERTO SANTIAGO PORTUGAL MÁLAGA PALM DESERT, CA SANTIAGO DEL TEIDE SPAIN USA TENERIFE CLUB ALGAIDA CANARY ISLANDS, SPAIN URB. SITIO DE CALAHONDA CLUB DOBOGOMAJOR CLUB INTRAWEST - SANDESTIN CTRA DE CÁDIZ KM 196,5 HEVIZI UT 1 8626 BAY TOWN AVE WEST CLUB LA SANTA 29647 MIJAS-COSTA H-8372 CSERSZEGTOMAJ DESTIN, FLORIDA AVDA. KROGAGER S/N MÁLAGA HUNGARY USA TINAJO SPAIN LANZAROTE CLUB EL MARQUES CLUB INTRAWEST - TREMBLANT CANARY ISLANDS, SPAIN CLUB APHRODITE CALLE LAS ROSAS S/N 200 CHEMIN DES SAISONS AT ERIMI GARDENS PUERTO DE SANTIAGO MONT TREMBLANT, QC ERIMI VILLAGE SANTIAGO DEL TEIDE CANADA LIMASSOL TENERIFE CYPRUS CANARY ISLANDS, SPAIN

102 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 103

Resorts With 51 or More Units CLUB LAND 'OR CLUB OASIS AT EL CAPISTRANO CLUB REGINA LOS CABOS CLUB VELAS VALLARTA "A LAND'OR INT'L RST" URB. EL CAPISTRANO AT WESTIN AV. COSTERA S/N LH2 PARADISE ISLAND APTO. CORREOS 113 CARR.TRANSPENINSULAR MARINA VALLARTA P.O. BOX 6429 SS 29780 NERJA KM.22.5 APARTADO POSTAL 139 B NASSAU MÁLAGA SAN JOSE DEL CABO, BCS PUERTO VALLARTA, JAL NEW PROVIDENCE ISLAND SPAIN MEXICO MEXICO BAHAMAS CLUB OCEAN VILLAS II CLUB REGINA P.VALLARTA CLUB VISTAFLOR CLUB MAEVA 120TH STREET (BAYSIDE) AT WESTIN AV. DE NECKERMANN 3 KM 12.5 CARRETERA 105 EDWARD TAYLOR ROAD PASEO DE LA MARINA SUR CAMPO DE GOLF MANZANILLO-AEROPUERTO PO BOX 1893 205 FRENTE A OPEQUIMAR MASPALOMAS APARTADO POSTAL 442 OCEAN CITY, MD MARINA VALLARTA GRAN CANARIA MANZANILLO, COL USA PUERTO VALLARTA, JAL CANARY ISLANDS, SPAIN MEXICO MEXICO CLUB OLYMPUS AT GARDEN CITY CLUBE PRAIA DA OURA CLUB MAHINDRA VARCA BEACH, GARDEN CITY CLUB RIZA PRAIA DA OURA GOA PLAYA DE LAS AMERICAS TRIQ IR-RIZZI APARTADO 827 SURVEY NO.176/1 ADEJE QAWRA 8201-911 ALBUFEIRA VARCA VILLAGE, SALCETE TENERIFE MALTA PORTUGAL TALUK, SOUTH GOA DIST CANARY ISLANDS, SPAIN GOA CLUB SALINA WHARF CLUBE TROPICANA- INDIA CLUB ORTANIQUE TRIQ IL-MAJJIERA CERRO ALAGOA AT BEACHES GRAND QAWRA CERRO ALAGOA LOTE 26 CLUB MARBELLA SPORTE MALTA 8200-916 ALBUFEIRA URB. SITIO DE CALAHONDA MAIN ST, PO BOX 728 PORTUGAL C/ MONTE PARAISO OCHO RIOS CLUB SERENIA 29650 MIJAS-COSTA JAMAICA BLATHY OTTO UTCA 31 CLUBHOTEL RIU GRAN CANARIA MÁLAGA H-8600 SIOFOK PLAN PARCIAL DE MELONERAS SPAIN CLUB PAIHIA HUNGARY 2A, MASPALOMAS 67 WILLIAMS ROAD SAN BARTOLOME DE TIRAJANA CLUB MARINA PAIHIA CLUB SEVILLA GRAN CANARIA CALLE MINERVA NO 2 BAY OF ISLANDS 4646 W IRLO BRONSON CANARY ISLANDS, SPAIN COSTA DEL SILENCIO NEW ZEALAND MEMORIAL HIGHWAY LAS GALLETAS KISSIMMEE, FLORIDA COCONUT BAY RESORT TENERIFE CLUB PARQUE MESA DEL MAR USA 919-925 N. BIRCH ROAD CANARY ISLANDS, SPAIN URB. MESA DEL MAR FT LAUDERDALE, FLORIDA TACORONTE CLUB SOL DEL ESTE USA CLUB MARINA MAR TENERIFE ROOSEVELT Y PARADA 12.5 EN PUERTO AVENTURAS CANARY ISLANDS, SPAIN PUNTA DEL ESTE, MALD COLD SPRING RESORT KM 269 CARRETERA CHETUMAL URUGUAY 460 NORTH ASHLAND ROAD PUERTO JUAREZ CLUB PATARA ASHLAND, NH PUERTO AVENTURAS, QROO P.K. 10 KALKAN CLUB SOLARIS CABOS USA MEXICO ANTALYA LOTE 10, SECCION HOTELERA TURKEY ZONA TURISTICA COLUMNS GOLF PARK CLUB MARTIANEZ LOS CABOS, BCS RUA DE ESPANHA AV. GENERALISIMO CLUB PLAYA VISTA RESORTS MEXICO APARTADO 585 PUERTO DEL LA CRUZ C/O AZTEC COUNTRY CLUB 8125-475 VILAMOURA TENERIFE URB. RIVIERA DEL SOL, CLUB TAHOE PORTUGAL CANARY ISLANDS, SPAIN C/ LIBRA S/N, 29650 914 NORTHWOOD BLVD MIJAS COSTA, MÁLAGA PO BOX 7440 COMPLEXE KSAR AL RIMAL CLUB MONTECASTILLO SPAIN INCLINE VILLAGE, NV KM 20 ROUTE DE CEUTA CASTILLO USA MDIQ-PROVINCE DE TETOUAN CALETA DE FUSTE CLUB PUEBLO CANARIO II MOROCCO ANTIGUA URB. PLAYA SERENA CLUB TENERIFE FUERTEVENTURA 04740 ROQUETAS DEL MAR LOS DIAMANTES II CONDOMINIO POUSADA PORTO CANARY ISLANDS, SPAIN ALMERÍA URB. OASIS DEL SUR PAUBA SPAIN LOS CRISTIANOS, ARONA RUA BRAGANCA PAULISTA 140 CLUB MYKONOS LANGEBAAN TENERIFE PAUBA PRIVATE BAG X2 CLUB PUERTO CALMA CANARY ISLANDS, SPAIN SAO SEBASTIAO, SP LANGEBAAN C/ JOAQUIN BLANCO TORRENT BRAZIL SOUTH AFRICA B.AQUA DE LA PERRA CLUB VACANCES MAGOG PUERTO RICO, MOGAN 50 RUE DESJARDINS CONDOMINIOS ISLAS DEL SOL CLUB NAUTILUS GRAN CANARIA CANTON MAGOG, QC AV. CAMARON SABALO 696 C/ GRAMILLO 5 CANARY ISLANDS, SPAIN CANADA MAZATLAN, SIN MATAGORDA MEXICO PUERTO DEL CARMEN CLUB REGINA CANCUN AT WESTIN CLUB VACANCES TOUTES SAISONS LANZAROTE PASEO KUKULKAN KM. 20 MONT SAINTE ANNE CONDOVAC LA COSTA CANARY ISLANDS, SPAIN LOTES 70 & 71 355 RUE DUPONT PLAYA HERMOSA ZONA 2 HOTELERA BEAUPRE, QC GUANACASTE CANCUN, QROO CANADA COSTA RICA MEXICO

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 103 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 104

Resorts With 51 or More Units CONTINENTAL EMPORIO COTTAGES AT SHIPYARD DAEMYUNG YANGPYUNG DIKHOLOLO ACAPULCO C/O SOUTHWIND MANAGEMENT CONDOMINIUM PO BOX 1533 AV. COSTERA MIGUEL ALEMAN PO BOX 6685 389-7, KONGSE-RI BRITS S/N 35 DEALLYON AVENUE KAEKUN-MYON SOUTH AFRICA ACAPULCO, GRO HILTON HEAD ISLAND, SC YANGPYUNG-GUN MEXICO USA KYONGGI-DO DISCOVERY BEACH RESORT KOREA, REP OF (SOUTH) 300 BARLOW AVE CONTINENTAL SERRA HOTEL COURTYARD RESORT COCOA BEACH, FLORIDA RUA JOSE PEDRO PIVA 220 460 MAIN ST DAYS INN OCEAN VILLAGE USA ESTRADA CANELA-CARACOL HYANNIS, MA PINAMAR CANELA, RS USA AV. DEL MAR DIVI ARUBA PHOENIX BEACH BRAZIL ESQ. CALLE TOBIAS RESORT CRETA RESIDENCE PINAMAR, BSAS J E IRAUSQUIN BLVD 75 COPPER CHASE CONDOMINIUMS PLATANIAS ARGENTINA PALM BEACH 150 W RIDGEVIEW DRIVE RETHYMNO ARUBA PO BOX 190145 CRETE DEDEMAN OLIVE TREE NETHERLANDS ANTILLES BRIAN HEAD, UT GREECE ÇATALKÖY USA GIRNE DIVI CARINA BAY RESORT & CROWN POINT CONDOMINIUMS NORTHERN CYPRUS,TURKISH REP OF CASINO CORAL BAY HOTEL-SHEIKH COAST 220 CROWN DRIVE 25 ESTATE TURNERS HOLE MARSA EL DEKHELA PO BOX 7159 DEER PARK CHRISTIANSTED SHARM EL SHEIKH RUIDOSO, NM ROUTE 112 ST CROIX, VI SOUTH SINAI USA PO BOX 1177 USA EGYPT NORTH WOODSTOCK, NH CROWN POINT RESORT USA DIVI DUTCH VILLAGE CORAL REEF BEACH RESORT 1530 S IVORY LANE J E IRAUSQUIN BLVD 93 5800 GULF BLVD HORSESHOE BEND, AR DELFIN VAC. CLUB ORANJESTAD ST PETE BEACH, FLORIDA USA AT HOLIDAY INN ARUBA USA AV FCO.MEDINA ASCENCIO NETHERLANDS ANTILLES CRYSTAL MOUNTAIN RESORT KM. 3.5 INTERIOR HOTEL CORONADA VACATION VILLAGE 12500 CRYSTAL MOUNTAIN DR HOLIDAY INN DIVI FLAMINGO BEACH RESORT 559 E ST GEORGE BLVD THOMPSONVILLE, MI PUERTO VALLARTA, JAL J.A. ABRAHAM BLVD BOX 143 ST GEORGE, UT USA MEXICO KRALENDIJK, BONAIRE USA NETHERLANDS ANTILLES CRYSTAL SPRINGS MOUNTAIN DELPHIN HOTEL CORONADO BEACH RESORT LODGE AV.MIGUEL ESTEFANO 1295 DIVI LITTLE BAY BEACH & 1415 ORANGE AVE ROBBERS PASS (R533) ENSEADA RACQUET CLB CORONADO, CA (PO BOX 10) GUARUJA, SP PO BOX 961 USA PILGRIMS REST BRAZIL LITTLE BAY RD SOUTH AFRICA PHILIPSBURG CORONADO HOTEL & RESORT DEPUY - SHAWNEE SINT MAARTEN PLAYA CORONADO CYPRESS HARBOUR PO BOX 93 NETHERLANDS ANTILLES DTO.CHAME-PROV.PANAMA 11251 HARBOUR VILLA RD SHAWNEE-ON-DELAWARE, PA PANAMA ORLANDO, FLORIDA USA DIVI SOUTHWINDS BEACH & USA RACQUET CLB COSTA AZUL BEACH RESORT + DESERT BREEZES TIMESHARE ST. LAWRENCE GAP KM.19 VIA A CIENAGA-ZONA CYPRESS POINTE GRANDVILLAS RESORT CHRIST CHURCH FANCA HTL POZOS COLORADOS RESORT 77-955 CALLE LAS BRISAS S BARBADOS BAHIA DE COSTA AZUL 8651 TREASURE CAY LANE PALM DESERT, CA SANTA MARTA, MAGD ORLANDO, FLORIDA USA DIVI VILLAGE COLOMBIA USA J E IRAUSQUIN BLVD 93 DESERT ISLE OF PALM SPRINGS ORANJESTAD COSTA DE ORO BEACH CLUB CYPRESS POINTE RESORT 2555 EAST PALM CANYON DR ARUBA CALZ CAMARON SABALO 710 8651 TREASURE CAY LANE PALM SPRINGS, CA NETHERLANDS ANTILLES PO.BOX 130 ORLANDO, FLORIDA USA MAZATLAN, SIN USA DOMINIO DO SOL MEXICO DESERT SPRINGS VILLAS SANTA EULALIA DAEMYUNG SORAK LEISURE TOWN 1091 PINEHURST LANE APARTADO 978 COSTA DEL SALENTO VILLAGE 403-1 WONAM-RI PALM DESERT, CA AREIAS SAO JOAO LOCALITA' LIDO MARINI TOSUNG-MYON USA 8200-913 ALBUFEIRA 73059 UGENTO, (LE) KOSUNG-GUN PORTUGAL ITALY KANGWON-DO DIAMOND LAS CALAS 2 KOREA, REP OF (SOUTH) C/ GUAYADEQUE DORAL BEACH TENNIS AND GOLF COSTA LINDA BEACH RESORT PUERTO DEL CARMEN CLUB J E IRAUSQUIN BLVD 59 DAEMYUNG VIVALDI PARK LANZAROTE AV. AMERICO VESPUCIO ORANJESTAD 125-1, PALBONG-RI CANARY ISLANDS, SPAIN COMP. TURISTICO EL MORRO ARUBA SEO-MYUN PUERTO LA CRUZ, ANZT NETHERLANDS ANTILLES HONGCHUN-KUN DIAMOND LAS CALAS 3 VENEZUELA KANGWON-DO C/ GUAYADEQUE KOREA, REP OF (SOUTH) PUERTO DEL CARMEN LANZAROTE CANARY ISLANDS, SPAIN

104 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 105

Resorts With 51 or More Units DRAKENSBERG SUN EAGLE VILLAGE ESCAPES! TO BELLA VISTA VILLAGE +FAIRFIELD HARBOUR CATHKIN PEAK AT TAMIMENT RESORT PROPERTY MGMT SYSTEMS INC 475 BROAD CREEK ROAD CENTRAL BERG EAGLE VILLAGE POA 430 TOWN CENTER NEW BERN, NC (PO BOX 335) TAMIMENT, PA BELLA VISTA, AR USA WINTERTON USA USA SOUTH AFRICA +FAIRFIELD MOUNTAINS EAGLE'S NEST ESCAPES! TO HOT SPRINGS VILLAGE 747 BUFFALO CREEK ROAD DRIFTWOOD INN RESORT 410 S. COLLIER BLVD. 1 LOS LAGOS BLVD LAKE LURE, NC 3150 OCEAN DRIVE MARCO ISLAND, FLORIDA HOT SPRINGS VILLAGE, AR USA VERO BEACH, FLORIDA USA USA USA +FAIRFIELD NASHVILLE EASTERN SLOPE INN ESCAPES! TO STONEBRIDGE VILLAGE 2415 MCGAVOCK PIKE DUNAS CLUB 2760 MAIN ST. 1 OAK LANE NASHVILLE, TN C/ EL PULPO Nº 2 BOX 359 REEDS SPRING, MO USA AREA LAGO BRISTOL NORTH CONWAY, NH USA CORRALEJO USA +FAIRFIELD OCEAN PALMS FUERTEVENTURA ESTERO ISLAND BEACH CLUB 615 N OCEAN BLVD CANARY ISLANDS, SPAIN EASY LIFE CLUB 1840 ESTERO BLVD POMPANO BEACH, FLORIDA (GONDTALAN ELET) FORT MYERS BEACH, FLORIDA USA DUNES HOTEL & BEACH RESORT KRISZTINA-MAJOR USA CALLE CAMPO ELIAS H-9200 MOSONMAGYAROVAR +FAIRFIELD OCEAN RIDGE SECTOR EL PUEBLITO HUNGARY ESTIVAL PARK 1 KING COTTON ROAD VALLE DE PEDRO GONZALEZ C/ CAMI DEL RECÓ S/N PO BOX 27 ISLA DE MARGARITA, NESP EL MARQUES LA PINEDA EDISTO ISLAND, SC VENEZUELA C/ LAS ROSAS S/N 43480 VILASECA USA PUERTO DE SANTIAGO TARRAGONA DURBAN SANDS SANTIAGO DEL TEIDE SPAIN +FAIRFIELD OCEAN RIDGE II 10 GILLESPIE ST TENERIFE 1 KING COTTON ROAD (PO BOX 11704) CANARY ISLANDS, SPAIN ESTURION DE MONTOYA I.R. PO BOX 27 DURBAN PLAYA DE MONTOYA EDISTO ISLAND, SC SOUTH AFRICA EL MORGAN TOURISTIC VILLAGE LA BARRA USA FAYED CANAL ZONE PUNTA DEL ESTE, MALD DURBAN SPA FAYED URUGUAY +FAIRFIELD OCEAN WALK 57 MARINE PARADE EGYPT 300 NORTH ATLANTIC AVENUE P O BOX 11671 +FAIRFIELD ANAHEIM DAYTONA BEACH, FLORIDA MARINE PARADE EL MORO TOWER EL CID @ DOLPHIN'S COVE USA DURBAN AT MAZATLAN 465 W ORANGEWOOD AVE SOUTH AFRICA AV CAMARON SABALO S/N ANAHEIM, CA +FAIRFIELD ORLANDO MAZATLAN, SIN USA AT CYPRESS PALMS DUTA VILLAGE BEACH RESORT MEXICO 5324 FAIRFIELD LAKE DR LOT 1260 +FAIRFIELD BAY KISSIMMEE, FLORIDA SUNGAI KARANG +ELYSIAN BEACH RESORT ATTN: FAIRSHARE OFFICE USA 26100 BESERAH 6800 ESTATE NAZARETH P O BOX 1008 KUANTAN, PAHANG ST THOMAS, VI FAIRFIELD BAY, AR +FAIRFIELD PAGOSA MALAYSIA USA USA 42 PINON CAUSEWAY PO BOX 4040 DUTA VISTA EXECUTIVE SUITES EMBASSY VACATION RESORT +FAIRFIELD BRANSON PAGOSA SPRINGS, CO NO 1 PERSIARAN LEDANG @ KAANAPALI 200 WILLOWBEND ROAD USA OFF JALAN DUTA 104 KAANAPALI SHORES BRANSON, MO KUALA LUMPUR PLACE USA +FAIRFIELD SAPPHIRE VALLEY MALAYSIA LAHAINA, MAUI, HAWAII 70 SAPPHIRE VALLEY RD. USA +FAIRFIELD DESTIN SAPPHIRE, NC EAGLE CREST AT MAJESTIC SUN USA 1522 CLINE FALLS ROAD EMBASSY VACATION RESORT LAKE 77 SEASCAPE BLVD PO BOX 1215 TAHOE DESTIN, FLORIDA +FAIRFIELD SEAWATCH PLANTATION REDMOND, OR 901 SKI RUN BLVD USA 151 SEAWATCH DR USA SOUTH LAKE TAHOE, CA MYRTLE BEACH, SC USA +FAIRFIELD FLAGSTAFF USA EAGLE TRACE AT KILLY COURT 1900 N COUNTRY CLUB DRIVE MASSANUTTEN RST COMPLEX EMBASSY VACATION RESORT FLAGSTAFF, AZ +FAIRFIELD SEDONA ROUTE 644 POIPU POINT USA 1500 KESTREL CIRCLE MCGAHEYSVILLE, VA 1613 PE'E ROAD SEDONA, AZ USA KOLOA, KAUAI, HAWAII +FAIRFIELD GLADE USA USA PEAVINE ROAD EAGLE TRACE AT MASSANUTTEN PO BOX 1500 +FAIRFIELD SMOKY MTNS ROUTE 644 EMBASSY VACATION RST FAIRFIELD GLADE, TN AT GOVERNOR'S MCGAHEYSVILLE, VA AT GRAND BEACH USA 308 COLLIER DR USA 8317 LAKE BRYAN BCH BLVD SEVIERVILLE, TN ORLANDO, FLORIDA +FAIRFIELD GRAND DESERT USA USA 265 EAST HARMON DRIVE LAS VEGAS, NV USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 105 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 106

Resorts With 51 or More Units +FAIRFIELD WASHINGTON DC FIESTA AMER.VAC CLUB FOUR SEASONS RACQUET & GEMUENDER FERIENWOHNPARK @ OLD TOWN @ CABO DEL SOL COUNTRY CLUB SALZBERG 1757 KING STREET CARR. TRANSPENINSULAR PO BOX 2370 HASELNUSSWEG 2-6 ALEXANDRIA, VA B.JUAREZ LOTE A1 301 CAROL RD D-53937 SCHLEIDEN GMUEND USA COND.MAESTRO CABO DEL SOL LAKE OZARK, MO GERMANY, FEDERAL REP OF CABO SAN LUCAS, BCS USA +FAIRFIELD WESTWINDS AT MYRTLE MEXICO GEO GROUP AT IMPERIALAKES BEACH FOUR SEASONS VILAMOURA MEADOW OAKS CONDOMINIUMS 3405 S. OCEAN BLVD FIESTA AMERICANA VAC.CLUB APARTADO 507 MULBERRY, FLORIDA NORTH MYRTLE BEACH, SC AT CANCUN VILAMOURA USA USA BLVD. KUKULKAN KM. 9.5 8125-908 VILAMOURA ZONA HOTELERA PORTUGAL GEO GROUP AT LAC MORENCY +FAIRFIELD WILLIAMSBURG CANCUN, QROO 42 RUE DE LA CHAUMINE @ KINGSGATE MEXICO FOX HILLS RESORT LAC MORENCY 619 GEORGETOWN CRESCENT 250 WEST CHURCH ST HIPPOLYTE, QC WILLIAMSBURG, VA FIESTA INN AGUASAL PO BOX 129 CANADA USA COMPLEJO AGUASAL MISHICOT, WI URB. AGUASAL USA GEORGIAN INN BEACH CLUB +FAIRFIELD WILLIAMSBURG VIA AEROPUERTO LOCAL 759 S ATLANTIC AVE PATRIOTS' PL HIGUEROTE, MRND FOXHUNT AT SAPPHIRE VALLEY ORMOND BEACH, FLORIDA 725 BYPASS ROAD (RT 60) VENEZUELA 4350 HIGHWAY 64 W USA WILLIAMSBURG, VA PO BOX 2048 USA FINISTERRA CLUB & RESORT CASHIERS, NC GETHLANE LODGE DOMICILIO CONOCIDO USA P O BOX 22018 FAIRWAY FOREST SIN NUMERO GLENASHLEY AT SAPPHIRE VALLEY PO.BOX 1 FOXRUN TOWNHOUSES SOUTH AFRICA 4350 HIGHWAY 64 W CABO SAN LUCAS, BCS 180 HERMAN WILSON ROAD PO BOX 2048 MEXICO LAKE LURE, NC GIRARDOT RESORT HOTEL SAPPHIRE, NC USA KM. 1 VIA RICAURTE USA FISHERMEN'S VILLAGE GIRARDOT, CUND PLAYACAR FASE I FRENCH LICK SPRINGS VILLAS COLOMBIA FAIRWAYS CLUB MUNICIPIO DE SOLIDARIDAD FRENCH LICK SPRINGS AMARILLA GOLF AND CO CLUB PLAYA DEL CARMEN, QROO OWNERS ASSN. GOLDEN COAST HOLIDAY CLUB SAN MIGUEL DE ABONA MEXICO HIGHWAY 56 PARALIA MARATHONOS TENERIFE FRENCH LICK, IN MARATHON CANARY ISLANDS, SPAIN FJÄLL-LIEN USA GREECE BOX 84 FAIRWAYS OF THE MOUNTAINS / 830 19 STORLIEN FT LAUDERDALE BEACH RESORT GOLDEN STRAND OCEAN VILLA LAKE LURE SWEDEN 909 BREAKERS AVE RESORT 180 HERMAN WILSON RD FORT LAUDERDALE, FLORIDA 17901 COLLINS AVE LAKE LURE, NC FLAMINGO BEACH RESORT USA SUNNY ISLES BEACH, FLORIDA USA DIST. 4 TEMPATE, USA CANTON 3 FURUSATOKUN UZUSHIOHEN FERIENCLUB BELLEVUE SANTA CRUZ TAKASAGO 112-1, GOLF COLONY RESORT BAD GASTEIN GUANACASTE TOSADOMARI-URA, NARUTO-CH AT DEERTRACK KARL-HEINRICH-WAGGERL COSTA RICA NARUTO-SHI COLONY DRIVE STR. 9 TOKUSHIMA-KEN 772-0053 DEERFIELD PLANTATION A-5640 BAD GASTEIN FLAMINGO VALLARTA HOTEL & JAPAN SURFSIDE BEACH, SC AUSTRIA MARINA USA KM. 6 CARR.AEROPUERTO GARDEN LAGO FERIENCLUB GRUNDLSEE ISLA IGUANA URB. LAGO MENOR GOLF HOTEL PUNTA ALA ARCHKOGL 31 PUERTO VALLARTA, JAL C/ AMSTERDAM S/N VIA DEL GUALDO 2 A-8993 GRUNDLSEE MEXICO 07410 PUERTO ALCUDIA 58040 PUNTA ALA, (GR) AUSTRIA MALLORCA,BALEARIC ISLANDS ITALY FLORIDA VACATION VILLAS SPAIN FERIENCLUB LUFTKURORT 2777 N POINCIANA BLVD GOLF VILLAS OF BONITA SPRINGS MITTERFELS KISSIMMEE, FLORIDA GARDEN ROUTE CHALETS 10085 MADDOX LANE STEINBURGER STRASSE 2 USA N2 MAIN ROAD BONITA SPRINGS, FLORIDA D-94360 MITTERFELS SEDGEFIELD USA GERMANY, FEDERAL REP OF + FONTANA VILLAGE SOUTH AFRICA PO BOX 68, HWY 28 GRAN HOTEL PUCON FERIENCLUB OBERSTAUFEN FONTANA DAM, NC GASLAMP PLAZA SUITES HOLZAPFEL NO. 190 MALAS 8-10 USA 520 E STREET PUCON D-87534 OBERSTAUFEN SAN DIEGO, CA REGION DE LA ARAUCANIA GERMANY, FEDERAL REP OF FOUR POINTS USA CHILE BY SHERATON GUAYAQUIL FERIENCLUB TIROLENSIS AVE.CONSTITUCION Y PLAZA GATLINBURG TOWN SQUARE GRAND DESTINATION VACATION PRISSIANO-ALTO ADIGE DEL SOL 414 HISTORIC NATURE TRAIL CLUB I-39010 PRISSIANO, (BZ) FRENTE AL MALL DEL SOL GATLINBURG, TN AT THE OASIS RESORT ITALY GUAYAQUIL USA 897 MESQUITE BLVD ECUADOR P.O. BOX 1734 MESQUITE, NV USA

106 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 107

Resorts With 51 or More Units GRAND HOTEL GRISONE GRANDVISTA'S BRANSON YACHT HARBOUR INN & RESORT CLUB HIAWATHA MANOR WEST VIA SERRONCELLI CLUB 1 POPLAR CRESCENT @ LAKE TANSI LOCALITA' LACENO HCR 1, BOX 920 BRECHIN, ON 8007 CHEROKEE TRAIL 83043 BAGNOLI IRPINO, (AV) BRANSON, MO CANADA CROSSVILLE, TN ITALY USA USA HARBOUR LIGHTS RESORT GRAND HOTEL TRE CROCI GRANDVISTA'S CEDAR RIDGE 2690 HARBOUR LIGHTS DRIVE HIDEAWAY BEACH CLUB - PASSO TRE CROCI 2201 ROARK VALLEY ROAD MYRTLE BEACH, SC MAZATLAN 32043 CORTINA D'AMPEZZO, (BL) BRANSON, MO USA CALZADA CAMARON SABALO ITALY USA 696 +HAVASU DUNES RESORT MAZATLAN, SIN GRAND LAKE RESORT GRANDVISTA'S EMERALD POINTE 620 S LAKE HAVASU AVE MEXICO 7770 W IRLO BRONSON HWY RESORT LAKE HAVASU CITY, AZ KISSIMMEE, FLORIDA EMERALD POINTE DR USA HIGH POINT WORLD RESORT USA HOLLISTER, MO 2951 HIGH POINT BLVD USA HERITAGE HOTEL, IPOH KISSIMMEE, FLORIDA GRAND PACIFIC PALISADES JALAN RAJA DIHILIR USA 5805 ARMADA DR GRANDVISTA'S PAINTED MT GOLF 30350 IPOH CARLSBAD, CA RESORT PERAK DARUL RIDZUAN HIGHLA DONGHAE BEACH USA 6302 E MCKELLIPS RD MALAYSIA CONDOMINIUM MESA, AZ 40-9 BONGPO-RI GRAND SHORES WEST USA HERITAGE RESORTS TOSUNG-MYON 17350 GULF BLVD AT MATCHROOM KOSUNG-GUN NORTH REDINGTON BEACH, GRANGESISES URB. MIJAS GOLF KANGWON-DO FLORIDA BORGATA GRANGESISES 29650 MIJAS-COSTA KOREA, REP OF (SOUTH) USA 10058 SESTRIERE, (TO) MÁLAGA ITALY SPAIN HIGHLA DONSAN SPA GRAND SUMMIT HOTEL, CONDOMINIUM THE CANYONS GUADALUPE RESORT HERITAGE RESORTS MARBESA 155-1 DONSAN-RI 4000 CANYONS RESORT DR AV. PRINCIPAL LA PUERTA CLUB ANSUNG-MYON,CHUNGJU CITY PARK CITY, UT LA PUERTA, TRJL C/O CLUB PLAYA REAL CHUNGHEONGBUK-DO USA VENEZUELA URB. MARBESA KOREA, REP OF (SOUTH) CTRA. DE CÁDIZ KM 192.8 GRAND SUMMIT RESORT GURNEY'S INN RESORT & SPA 29600 MARBELLA, MÁLAGA HIGHLA KYONGJU CONDOMINIUM @ SUNDAY RIVER 290 OLD MONTAUK HWY SPAIN SAN 27 SUMMIT HOTEL OFFICE MONTAUK, NY BUKKUN-DONG 97 SUMMIT ROAD USA HEVER HOTEL KYONGJU CITY BETHEL, ME HEVER KYONGSANGBUKDO USA HABITAT PLAYA ROMANA EDENBRIDGE KOREA, REP OF (SOUTH) PLAYA ROMANA S/N KENT GRAND SUMMIT RESORT 12579 ALCOCÉBER ENGLAND HIGHLA SORAK VALLEY HOTEL,ATTITASH CASTELLON CONDOMINIUM BEAR PEAK SPAIN HGVCLUB AT HILTON HAWAIIAN SAN 129, SHINPYONG-RI ROUTE 302 VILLAGE TOSUNG-MYON BARTLETT, NH HACIENDA DEL MAR RESORT 2003 KALIA ROAD KOSUNG-GUN USA CARR.TRANSPENINSULAR HONOLULU, HAWAII KANGWON-DO KM.10 MEGA DESARROLLO USA KOREA, REP OF (SOUTH) GRAND SUMMIT RESORT CABO DEL SOL LOTE-D HOTEL,MT. SNOW CABO SAN LUCAS, BCS HGVCLUB AT THE LAS VEGAS HILL COUNTRY RESORTS - ROUTE 100 MEXICO HILTON KODAIKANAL PO BOX 2810 455 KAREN AVENUE ATTUVAMPATTY WEST DOVER, VT HAKUSAN VILLAGE GOLF CLUB LAS VEGAS, NV P.O KODAIKANAL USA COTTAGE USA KODAIKANAL 6262 KAWAGUCHI INDIA GRAND SUMMIT RESORT HOTEL- HAKUSAN-CHO HGVCLUB FLAMINGO LAS VEGAS SUGARLOAF ICHISHI-GUN 3575 LAS VEGAS BLVD SOUTH HILTON COYLUMBRIDGE SUGARLOAF MOUNTAIN RD MIE KEN 515-2603 LAS VEGAS, NV COYLUMBRIDGE CARRABASSETT VALLEY, ME JAPAN USA AVIEMORE USA INVERNESS-SHIRE HAMPTON INN AND SUITES HGVCLUB ORLANDO SCOTLAND GRAND TRAVERSE RESORT VILLAGE AT DORAL 6924 GRAND VACATIONS WAY 6001 US 31 NORTH 1600 NW 41ST STREET ORLANDO, FLORIDA HILTON CRAIGENDARROCH PO BOX 235 MIAMI, FLORIDA USA BRAEMAR ROAD ACME, MI USA BALLATER USA HIAWATHA MANOR ROYAL DEESIDE HARBORTOWN POINT MARINA @ LAKE TANSI VILLAGE SCOTLAND GRAND VELAS ALL SUITES & SPA RST & CLUB 8007 CHEROKEE TRAIL RESORT 1651 ANCHORS WAY DR CROSSVILLE, TN HILTON GARDEN INN AV.PASEO DE LOS COCOTEROS VENTURA, CA USA TAMPA NORTH NO.98 SUR USA 600 TAMPA OAKS BOULEVARD FRACC. NUEVO VALLARTA TEMPLE TERRACE, FLORIDA NUEVO VALLARTA, NAY USA MEXICO

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 107 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 108

Resorts With 51 or More Units HILTON SUITES HOLLYWOOD MIRAGE HOTEL DECAMERON CARTAGENA HOTEL PARQUE DA COSTEIRA AV LOS UVEROS,COSTA AZUL C/SIERRA NEVADA S/N CARRERA 1 NO.10-10 VIA COSTEIRA KM 07 EL MORRO MCP LUIS GOMEZ URB. OASIS DEL SUR, LOS BOCAGRANDE PORTO DAS DUNAS DISTRITO MARI#O CRISTIANOS, ARONA CARTAGENA, BOLV NATAL, RN ISLA DE MARGARITA, NESP TENERIFE, COLOMBIA BRAZIL VENEZUELA CANARY ISLANDS, SPAIN HOTEL DECAMERON GALEON HOTEL PORT L'MAR SUITES HIPPOCAMPUS BEACH RESORT HOSTAL DEL SOL II KM 17 VIA SANTA MARTA- URB. DUMAR COUNTRY CLUB CALLE EL CRISTO, SECTOR AV. CHIOZZA 1566 CIENAGA CALLE 5 LA CARANTA SAN BERNARDO, BSAS SANTA MARTA, MAGD PORLAMAR PAMPATAR ARGENTINA COLOMBIA ISLA DE MARGARITA, NESP ISLA DE MARGARITA, NESP VENEZUELA VENEZUELA HOTEL & SPA VILLA BEJAR HOTEL ESTURION PUERTO IGUAZU CUERNAVACA AV. TRES FONTRERAS 650 HOTEL RESORPIA BEPPU HMI AT CALYPSO AV. DOMINGO DIEZ 2350 PUERTO IGUAZU, MISI 7 KUMI-1 GRIFFITH & MCDONALD STS COL. CHAMILPA ARGENTINA HORITA BEPPU-SHI COOLANGATTA, QLD CUERNAVACA, MOR OITA-KEN 874-0831 AUSTRALIA MEXICO HOTEL GOLDRIED/GOLDRIED PARK JAPAN GOLDRIED STRASSE 15 HOGFJALLET HOTEL ALASKA A-9971 MATREI I.O. HOTEL RESORPIA HAKONE SÄLEN LARGO DELLE POSTE 29/39 AUSTRIA 1320-1239 GOHRA 780 67 SÄLEN 32043 CORTINA D'AMPEZZO, (BL) HAKONE MACHI SWEDEN ITALY HOTEL GRANADA EL CID ASHIGARA SHIMO-GUN AT MAZATLAN KANAGAWA-KEN 250-0408 HOLIDAY BEACH RESORT- DESTIN HOTEL ALMIRANTE CARTAGENA AVE. CAMARON SABALO S/N JAPAN 1006 US HWY 98 EAST ESTELAR PO BOX 813 PO BOX 125 AV. SAN MARTIN Y CALLE 6 MAZATLAN, SIN HOTEL RESORPIA KUMIHAMA DESTIN, FLORIDA BOCAGRANDE MEXICO 1302-2 SORASHITA USA CARTAGENA, BOLV MINATOMIYA COLOMBIA HOTEL GUADALMAR KUMIHAMA-CHO KUMANO-GUN HOLIDAY CLUB KATINKULTA URB. GUADALMAR KYOTO-FU 629-3422 FIN-88610 VUOKATTI HOTEL APART CLUBE DO LAGO CTRA DE CÁDIZ KM 238.9 JAPAN FINLAND AVENIDA DO LAGO 4 29004 MÁLAGA 2765-420 MONTE ESTORIL MÁLAGA HOTEL ROYAL HOLIDAY CLUB KELORINNE PORTUGAL SPAIN VIA PASITEA 182 REVONTULENTIE 2 84017 POSITANO, (SA) FIN-98900 SALLATUNTURI HOTEL APARTMENTO VILA GALE HOTEL KANANASKIS ITALY FINLAND PRAIA DA GALE KANANASKIS VILLAGE APARTADO 108 KANANASKIS, AB HOTEL ROYAL CROWN HOLIDAY CLUB KUUSAMON 8200-902 ALBUFEIRA CANADA 31 NANAI ROAD, TROPIIKKI PORTUGAL PATONG BEACH KYLPYLANTIE HOTEL KARUIZAWA 1130 KATHU, FIN-93600 KUUSAMO HOTEL AVENTURA PALACE 1453-2, KANBARA PHUKET FINLAND LOTE 3 RANCHO EL TREBOL TSUMAGOI-MURA THAILAND CARR.FED.CANCUN-TULUM KM. AGATSUMA-GUN HOLIDAY CLUB PYHANIEMI 72 MUNICIPIO SOLIDARIDAD GUNMA-KEN 377-1402 HOTEL SUN MARINA TAMANIWA FIN-39820 KIHNIO PUERTO AVENTURAS, QROO JAPAN 6973-5 TAMANIWA FINLAND MEXICO KAWANISHI-MACHI HOTEL LES JUMEAUX HIGASHIOKITAMA-GUN HOLIDAY CLUB TAMPEREEN HOTEL BOM JESUS DA PRAIA STRADA REGIONALE 35 YAMAGATA-KEN 999-0361 KYLPYLA RUA DAS BUGANVILLIAS S/N 11013 COURMAYEUR, (AO) JAPAN LAPINNIEMENRANTA 12 FLORIANOPOLIS, SC ITALY FIN-33180 TAMPERE BRAZIL HOTEL VILLAGE LE CANTON FINLAND HOTEL MIRAMONTI ESTRADA TERESOPOLIS HOTEL CARTAGENA DE INDIAS VIA SASSONGHER 34 FRIBURGO KM. 12 HOLIDAY CLUB YLLAS 1 LOTE 1 MANZANA Z FRAZIONE PESCOSTA VARGEM GRANDE FIN-95970 AKASLOMPOLO BOCACANOA 39033 CORVARA, (BZ) TERESOPOLIS, RJ FINLAND CARTAGENA, BOLV ITALY BRAZIL COLOMBIA HOLIDAY INN RESORT HOTEL NEUE POST HOTEL VILLAGGIO CALA CORVINO SHARM ELSHEIKH HOTEL CRISTALLINO SCHLOSSPLATZ 2 VIA ALDO MORO 4 SHARK BAY VIA ROMA 89 A-5700 ZELL AM SEE 70043 MONOPOLI, (BA) SHARM ELSHEIKH 32043 CORTINA D'AMPEZZO, (BL) AUSTRIA ITALY SOUTH SINAI ITALY EGYPT HOTEL ON THE CAY HOTEL Y VILLAS SOLARIS CANCUN HOTEL DE LA MONNAIE PROTESTANT CAY LOTE 63-64 BLVD KUKULCAN HOLLYWOOD BEACH TOWER 405 ESPLANADE AVE CHRISTIANSTED SEGUNDA ETAPA KM 19 301 HARRISON ST. NEW ORLEANS, LA ST CROIX, VI ZONA HOTELERA HOLLYWOOD, FLORIDA USA USA CANCUN, QROO USA MEXICO

108 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 109

Resorts With 51 or More Units HTL RESIDENCIAL BOM JESUS IMPERIAL PARK COUNTRY CLUB ISIS ISLAND ASWAN JERUSALEM GOLD DA PRAIA C/ TOSSAL DE COMETA S/N ISIS ISLAND 234 JAFFA ROAD RUA DAS BUGANVILIAS 123 03710 CALPE ASWAN JERUSALEM CACHOEIRA DO BOM JESUS ALICANTE EGYPT ISRAEL FLORIANOPOLIS, SC SPAIN BRAZIL ISLAND CLUB - SEA WATCH JIMBARAN HILLS RESORT IMPERIAL SUITES 85 FOLLY FIELD ROAD BANJAR KANGIN UNGASAN HTL.PZA.PELICANOS GRAND RUA ANTONIO LUMACK DO HILTON HEAD ISLAND, SC NUSA DUA BALI BEACH S/II MONTE 203 USA BALI KM 2.5 CARR AL AEROPUERTO RECIFE, PE INDONESIA ZONA HOTELERA LAS GLORIAS BRAZIL ISLAND PARK VILLAGE RESORT PUERTO VALLARTA, JAL 4153 NORTH BIG SPRINGS RD JORDAN GRAND HOTEL MEXICO INDIAN PALMS INTERVALS ISLAND PARK, ID AT SUNDAY RIVER AT INDIAN PALMS CNTRY CLB USA 1 GRAND CIRCLE HURGHADA PARADISE 82954 STEWART ST BETHEL, ME HURGHADA INDIO, CA ISLAND SEAS RESORT USA RED SEA USA 123 SILVER POINT DR EGYPT FREEPORT JURERE BEACH VILLAGE INDIAN PALMS VACATION CLUB GRAND BAHAMA ISLAND ALAMEDA CESAR NASCIMENTO IL CHIOSTRO-CUGNANA VERDE AT INDIAN PALMS CNTRY CLB BAHAMAS NUM 646 CUGNANA VERDE 48-630 MONROE STREET JURERE INTERNACIONAL STRADA STATALE 125 INDIO, CA ISLAND VILLAGE CLUB FLORIANOPOLIS, SC OLBIA-S PANTALEO USA SAN EUGENIO ALTO BRAZIL 07020 OLBIA, (SS) PLAYA DE LAS AMERICAS ITALY INDIAN POINT RESORT ADEJE KAHANA FALLS CONDOMINIUMS TENERIFE 4260 LOWER HONOAPIILANI IL POGGIO 71 DOGWOOD PARK TRAIL CANARY ISLANDS, SPAIN LAHAINA, MAUI, HAWAII LOC. IL POGGIO BRANSON, MO USA CELLE SUL RIGO USA ISLANDER BEACH RESORT 53040 S. CASCIANO BAGNI, (SI) 1601 S ATLANTIC AVE KENTINGTON RESORT ITALY INGLESIDE RESORT NEW SMYRNA BEACH, FLORIDA NO. 205 CHUN-SHAN ROAD 1410 COMMERCE RD USA MAN-CHOU VILLAGE ILGAZ MOUNTAIN RESORT STAUNTON, VA MAN-CHOU HSIANG MERKEZ ILCE BOSTAN KOYU USA ISLAS DEL SOL MORROCOY RESORT PING-TUNG HSIEN UZUNYAYLA DUZU MEVKII SEC.LAS TUNITAS MORROCOY TAIWAN KASTAMONU INIFINITI @ RGBC-ROYAL PALMS VIA TUCACAS-CORO / TURKEY NEAR MARIA HALL PLAYA NORTE KIAWAH ISLAND GREAT BEACH BENAULIM BEACH ROAD CHICHIRIVICHE, FLORIDACN VACATIONS ILSUNG NAMHANGANG VASVADDO - BENAULIM VENEZUELA BUILDING 2 CONDOMINIUM SALCETE - GOA BEACHWALKER OFFICE PARK 561-1 CHUNSONG-RI INDIA IXTAPA PALACE RESORT KIAWAH ISLAND, SC BUKNAE-MYUN PASEO DE LAS GARZAS USA YOJU-GUN INN AT SILVERCREEK ESQUINA PASEO DEL RINCÓN KYUNGGI-DO 62927 HIGHWAY 40 IXTAPA ZIHUATANEJO, GRO KILCONQUHAR CASTLE ESTATE KOREA, REP OF (SOUTH) PO BOX 4041 MEXICO KILCONQUHAR SILVERCREEK, CO ELIE ILSUNG SORAK CONDOMINIUM USA IZU KOGEN IZUMIGO NR ST ANDREWS SAN 31-2 WONAM-RI 3-490 OHMURO KOGEN FIFE TOSUNG-MYON + INN ON THE HARBOR ITO-SHI SCOTLAND KOSUNG-GUN 359 THAMES ST SHIZUOKA-KEN 413-0235 KANGWON-DO PO BOX 2000 JAPAN KILLINGTON GRAND HOTEL & KOREA, REP OF (SOUTH) NEWPORT, RI CROWN CLUB USA JACO BEACH HOTEL & CLUB 228 E. MOUNTAIN RD. IMPERIAL FIESTA C. PLAYA JACO KILLINGTON, VT @ HOTEL CASA MAYA INVERNESS AT SOUTH PADRE CANTON DE GARABITO USA AV KUKULKAN KM 5 5600 GULF BLVD PROVINCIA PUNTA ARENAS ZONA HOTELERA PO BOX 2307 COSTA RICA KIMBERLING INN RESORT & VAC CANCUN, QROO SOUTH PADRE ISLAND, TX CLUB MEXICO USA JARDINES DEL MAR P.O. BOX 159 AV. PAPA LUNA 158 KIMBERLING CITY, MO IMPERIAL HAWAII VACATION CLUB INVERNESS BY THE SEA 12598 PENÍSCOLA USA 205 LEWERS STREET 7600 SEAWALL BLVD CASTELLON HONOLULU, OAHU, HAWAII GALVESTON, TX SPAIN KING'S CREEK PLANTATION USA USA 191 COTTAGE COVE LANE JAUSIERS VACANCES WILLIAMSBURG, VA IMPERIAL INT'L VACATION CLUB IRON BLOSAM LODGE-SNOWBIRD JAUSIERS USA (HOTEL MARIS) SNOWBIRD SKI AND 04850 JAUSIERS COSTERA MIGUEL ALEMAN Y SUMMER RESORT FRANCE KINGSTOWN REEF WILFREDO MASSIEU PO BOX 929000 AT THE CROWNE PLAZA ACAPULCO, GRO SNOWBIRD, UT JECKELS GL SKAGEN RESORT-ORLANDO MEXICO USA JECKELSVEJ 5 12000 INTERNATIONAL DR 9990 SKAGEN ORLANDO, FLORIDA DENMARK USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 109 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 110

Resorts With 51 or More Units KINSTON MANOR AT FOXWOOD LA TRUCHA AZUL LAKEVIEW RESORT VACATION LAWRENCE WELK'S DESERT OASIS 10 KINSTON MANOR DRIVE CARRETERA NACIONAL DE CLUB 34567 CATHEDRAL CANYON DR WESTMINSTER, SC APARTADEROS,SECTOR LA 10 CENTRE STREET CATHEDRAL CITY, CA USA ESPERANZA, DIST. RANGEL GIMLI, MB USA SANTO DOMINGO, MER CANADA KONA BILLFISHER VENEZUELA LE BAITE DI ALPIAZ 75-5841 ALII DRIVE LANDMARK HOLIDAY BEACH MONTECAMPIONE KAILUA-KONA, HAWAII, HAWAII LA VOLIERE DU MONT TREMBLANT RESORT ALPIAZ DI MONTECAMPIONE USA 2140, CHEMIN DU VILLAGE 17501 FRONT BEACH ROAD 25040 ARTOGNE, (BS) MONT-TREMBLANT, QC PANAMA CITY BEACH, FLORIDA ITALY KONA COAST RESORT II CANADA USA 78-6842 ALII DRIVE LE GOLFE BLEU KAILUA KONA, HAWAII LAGONITA LODGE RESORT LANDMARK RESORT 5 AV GEORGES DRIN USA 183 LAGUNITA LANE 7643 HILLSIDE RD 06190 ROQUEBRUNE C.MARTIN PO BOX 24 EGG HARBOR, WI FRANCE KONA HAWAIIAN VILLAGE BIG BEAR LAKE, CA USA BY THE SEA USA LE RESIDENZE KASTALIA 75-5961 ALII DRIVE LANGDALE KM 19 STR. CASTIGLIONE - KAILUA-KONA, HAWAII LAGUNA DE BORACAY RESORT GREAT LANGDALE SCOGLITTI USA BORACAY ISLAND NR AMBLESIDE 97018 SCOGLITTI, (RG) MALAY, AKLAN CUMBRIA ITALY KRUGER PARK LODGE PHILIPPINES ENGLAND HAZYVIEW ROAD TO PAUL LEHIGH RESORT CLUB KRUGER GATE LAGUNA MARINA CLUB LANZAROTE BEACH CLUB 231 JOEL BLVD (PO BOX 989) SAN ALFONSO DEL MAR AV. DE LAS ISLAS LEHIGH ACRES, FLORIDA HAZYVIEW ALGARROBO NORTE COSTA TEGUISE USA SOUTH AFRICA V REGION LANZAROTE CHILE CANARY ISLANDS, SPAIN LEISURE RESORTS BRIGANTINE KRYSTAL INTERNATIONAL BEACH VACATION CLUB LAGUNA SHORES LAS BRISAS 1400 OCEAN AVE AV DE LAS GARZAS S/N 419 N. COAST HIGHWAY PLAYA BLANCA BRIGANTINE, NJ PUERTO VALLARTA, JAL LAGUNA BEACH, CA YAIZA USA MEXICO USA LANZAROTE CANARY ISLANDS, SPAIN LEISURE RESORTS HILLTOP KUHIO BANYAN CLUB LAGUNAMAR HOTEL RESORT 1000 HIGHPOINT DR 2310 KUHIO AVE CASINO LAS DUENAS BEACH RESORT PO BOX 770388 HONOLULU, OAHU, HAWAII CASERIO GUERRA URB. BAHIA DE PLATA STEAMBOAT SPRINGS, CO USA VIA PLAYA GUACUCO DISTRITO GOMEZ USA PAMPATAR JUANGRIEGO-ALTAGRACIA KWA MARITANE ISLA DE MARGARITA, NESP ISLA DE MARGARITA, NESP LEISURE RESORTS HONOLULU PO BOX 6021 VENEZUELA VENEZUELA 431 NOHONANI ST PILANESBERG HONOLULU, OAHU, HAWAII NATIONAL PARK LAKE CHELAN SHORES LAS PALMERAS HOTEL & RESORT USA RUSTENBERG 100 LAKE CHELAN SHORES DR CALLE MIRAGUA SOUTH AFRICA CHELAN, WA MUNCP. ANTOLIN DEL CAMPO LEISURE RESORTS LAS VEGAS USA PLAYA EL AGUA 100 WINNICK AVE KYNETON BUSHLAND RESORT ISLA DE MARGARITA, NESP LAS VEGAS, NV 252 EDGECOMBE ROAD LAKE CONDOMINIUMS AT BIG SKY VENEZUELA USA KYNETON, VIC 1500 TURKEY LEG ROAD AUSTRALIA PO BOX 160001 LAUREL CREST RESORT LEISURE RESORTS ORLANDO BIG SKY, MT 636 WEARS VALLEY ROAD 6950 VILLA DE COSTA DR LA COSTA BEACH CLUB RESORT USA PIGEON FORGE, TN ORLANDO, FLORIDA 1504 N. OCEAN BLVD USA USA POMPANO BEACH, FLORIDA LAKE OKANAGAN RESORT USA 2751 WESTSIDE RD LAW CRANBERRY RESORT LIMITED LEISURE RESORTS RENO KELOWNA, BC 19 KEITH AVE 140 COURT STREET LA COTE D'AZUR CANADA R.R. # 4 RENO, NV 1 MANABA BEACH ROAD COLLINGWOOD, ON USA P O BOX 1591 LAKESIDE COUNTRY CLUB CANADA MANABA BEACH WATTLE DRIVE LEISURE RESORTS SOUTH AFRICA NUMURKAH, VIC LAWAI BEACH RESORT STEAMBOAT SPRINGS AUSTRALIA 5017 LAWAI ROAD 1485 PINE GROVE ROAD LA MONTAGNE POIPU BEACH PO BOX 774306 P O BOX 475 LAKESVILLE YOUNGNANGHO KOLOA, KAUAI, HAWAII STEAMBOAT SPRINGS, CO BALLITO RESORT USA USA SOUTH AFRICA #600-7, KUMHO-DONG SOKCHO-CITY LAWRENCE WELK RESORT VILLAS LEONIKI RESIDENCE LA RINCONADA TEQUISQUIAPAN KANGWON-DO 8860 LAWRENCE WELK DRIVE PLATANES AV JUAREZ OTE NO. 15 KOREA, REP OF (SOUTH) ESCONDIDO, CA RETHYMNO COL. CENTRO USA CRETE TEQUISQUIAPAN, QRO GREECE MEXICO

110 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 111

Resorts With 51 or More Units LES ARCS - VILLAGE LOS AMIGOS BEACH CLUB MACDONALD LOCH RANNOCH MAEVA CLUBHOTEL PLAGNE LE CHARVET 1800M PLAYAMARINA RESORT ST JACQUES MULTIVACANCES URB. PLAYAMARINA KINLOCH RANNOCH PLAGNE BELLECOTE VILLAGE LE CHARVET CRTA. DE CÁDIZ KM. 204 PERTHSHIRE 73210 AIME 73700 LES ARCS 29647 MIJAS-COSTA SCOTLAND FRANCE FRANCE MÁLAGA SPAIN MACDONALD LOCHANHULLY MAEVA CLUBHOTEL LES CRETES-EUROLOISIRS RESORT SAINT RAPHAEL LES CRETES LOS CLAVELES CARRBRIDGE 569 ROUTE DE LA CORNICHE CH-1899 TORGON ASOMADA DE LOS CERES 2 INVERNESS-SHIRE 83700 ST RAPHAEL SWITZERLAND LOS CRISTIANOS, ARONA SCOTLAND FRANCE TENERIFE LIFETIME OF VACATIONS CANARY ISLANDS, SPAIN MACDONALD PLAS TALGARTH MAEVA CLUBHOTEL @ GRAND LAKE RESORT SERRE CHEVALIER RESORT LOVERS KEY BEACH CLUB & PENNAL CHANTEMERLE 7770 W IRLO BRONSON HWY RESORT NR MACHYNLLETH 05330 SAINT CHAFFREY KISSIMMEE, FLORIDA 8771 ESTERO BLVD POWYS FRANCE USA FORT MYERS BEACH, FLORIDA WALES USA MAEVA CLUBHOTEL ST MANDRIER LIFTSIDE VILLAGE MACDONALD VILLACANA RESORT QUAI SEVERINE AT HUNTER MOUNTAIN LUNA PALACE CTRA DE CÁDIZ KM 165 83430 ST MANDRIER ROUTE 23A CALZADA CAMARON 29680 ESTEPONA FRANCE HUNTER, NY SABALO S/N MÁLAGA USA MAZATLAN, SIN SPAIN MAEVA EDEN PARC ST TROPEZ2/ MEXICO AMANDINE LIGHTHOUSE COVE RESORT MADEIRA BEACH CLUB CHEMIN DES AMOUREUX 1406 N. OCEAN BLVD MABALINGWE NATURE RESERVE CARLTON MADEIRA HOTEL 83990 SAINT TROPEZ POMPANO BEACH, FLORIDA P O BOX 283 LARGO ANTONIO NOBRE FRANCE USA BELA BELA 9004-531 FUNCHAL, MADEIRA SOUTH AFRICA PORTUGAL MAEVA INTER RESIDENCES TIGNES LILLYLAND BEACH CLUB VAL CLARET SAFAGA ROAD MABULA TIMESHARE MADEIRA REGENCY CLUB 73320 TIGNES HURGHADA, RED SEA RENOSTERHOEK ROAD RUA CARVALHO ARAUJO FRANCE EGYPT ROOIBERG DISTRICT 9000-042 FUNCHAL, MADEIRA (PRIVATE BAG X1644) PORTUGAL MAGALIES PARK COUNTRY CLUB LIMETREE BEACH RESORT BELA BELA KRUGERSDORP & SKEERPOORT 1050 BEN FRANKLIN DRIVE SOUTH AFRICA MAEVA CLUBHOTEL CANNES ROAD, HARTESBEESPOORT SARASOTA, FLORIDA MARINA (PO BOX 3138) USA MACDONALD DALFABER RESORT 150 AVENUE DE LA MARINE BRITS DALFABER VILLAGE ROYALE SOUTH AFRICA LIONS DIVE RESORT-BONAIRE NR AVIEMORE 06210 MANDELIEU P.O. BOX 380 INVERNESS-SHIRE FRANCE MAGENS BAY VILLAS CLUB KAYA GOBERNADOR SCOTLAND AT MAGENS N. DEBROT # 90 MAEVA CLUBHOTEL HYERES PARC POINT RESORT BONAIRE MACDONALD DOÑA LOLA RESORT PORT ST PIERRE MAGENS BAY ROAD NETHERLANDS ANTILLES CTRA DE CÁDIZ KM 197,5 83400 HYERES ST THOMAS, VI 29649 MIJAS-COSTA FRANCE USA LISCIA ELDI RESIDENCE MÁLAGA PUNTA ISULEDDA SPAIN MAEVA CLUBHOTEL MARAZUL MALAMA BEACH CLUB 08020 SAN TEODORO, (NU) DEL SUR 13 POSIDONOS ITALY MACDONALD ELMERS COURT CTRA. PLAYA SAN JUAN S/N KENNEDY AVENUE RESORT ADEJE PROTARAS LODGE ALLEY INN SOUTH BADDESLEY ROAD TENERIFE PARALIMNI 195 EAST BAY STREET LYMINGTON CANARY ISLANDS, SPAIN CYPRUS CHARLESTON, SC HAMPSHIRE USA ENGLAND MAEVA CLUBHOTEL MEGEVE MALIBU VILLAGE MT D'ARBOIS 141 AVE. DES HAUTS DE + LONG WHARF RESORT MACDONALD FOREST HILLS 117 CHEMIN DE LA ROCAILLE CANET 5 WASHINGTON ST RESORT 74120 MEGEVE 66140 CANET EN ROUSILLON NEWPORT, RI KINLOCHARD FRANCE FRANCE USA ABERFOYLE STIRLING MAEVA CLUBHOTEL MERIBEL MANGO TREE VACATION CLUB LORELEY SCOTLAND LES ALLUES AT CALYPSO 387 BRUCKEN STR PLACE DU CENTRE GRIFFITH & MCDONALD STS HELEN, GA MACDONALD LEILA PLAYA RESORT 73550 MERIBEL COOLANGATTA, QLD USA URB. SITIO DE CALAHONDA FRANCE AUSTRALIA CTRA DE CÁDIZ KM 196 29649 MIJAS-COSTA MAEVA CLUBHOTEL PLAGNE MANZANILLO TENISOL CLUB MÁLAGA BELLECOTE EDIF.TENISOL AV. CARRI- SPAIN PLAGNE BELLECOTE ZALES S/N ESQ. C/DELFIN 73210 AIME CLUB SANTIAGO FRANCE MANZANILLO, COL MEXICO

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 111 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 112

Resorts With 51 or More Units MARBELLA RESORT MARINA CLUB HOTEL EILAT MAYAN PALACE NUEVO VALLARTA MIKAWAWAN RESORT LINX KM 35 NORTH BEACH AV.PASEO DE LAS MORAS S/N 15 NAKAMICHISHITA MIYAZAK CAMINO CON CON - ZAPALLAR P.O.B 4277 FRACC.NAUTICO TURISTICO KIRA-CHO HAZA-GUN PUCHUNCAVI EILAT NUEVO VALLARTA, NAY AICHI-KEN 444-0513 MARBELLA ISRAEL MEXICO JAPAN CHILE MARINA DE ORO MAYAN PALACE PUERTO PENASCO MIRAFLORES BEACH AND MARBELLAMAR RESORT & BEACH AV DE LAS GARZAS 1 KM.24 CARR.PUERTO PENASCO COUNTRY CLUB CLUB PO BOX 78 CABORCA URB. MIRAFLORES URB PLAYA EL ANGEL, PUERTO VALLARTA, JAL COL.EJIDO MIRAMAR CTRA DE CÁDIZ KM 199 AV. ANDOLZA MANRIQUE MEXICO PUERTO PENASCO, SON 29650 MIJAS-COSTA PAMPATAR MEXICO MÁLAGA ISLA DE MARGARITA, NESP MARINA EL CID HOTEL & YACHT SPAIN VENEZUELA CLUB MAYAN PALACE PUERTO VALLARTA AVE CAMARON SABALO S/N PASEO DE LA MARINA SUR MIRAFLORES VACATION CLUB MARCO POLO CLUB ALPINA MAZATLAN, SIN NO. 220 HACIENDA MIRAFLORES HINTERTHAL 172 MEXICO FRACC. MARINA VALLARTA CTRA DE CÁDIZ KM 199 A-5761 MARIA ALM PUERTO VALLARTA, JAL 29650 MIJAS-COSTA AUSTRIA MARINA FIESTA RESORT MEXICO MÁLAGA MARINA CABO SAN LUCAS SPAIN + MARCUS VACATION CLUB LOTES 37/38 MAYAN PALACE RIVIERA MAYA @ GRAND GENEVA CABO SAN LUCAS, BCS KM.48 CARRETERA FEDERAL MIRAMAR HOTEL & RESORT P.O. BOX 130 MEXICO CANCUN - PLAYA DEL CARMEN ESTRADA MONUMENTAL HWY 50 EAST & HWY 12 RIVIERA MAYA, QROO 9000-098 FUNCHAL, MADEIRA LAKE GENEVA, WI MARINA PALACE MEXICO PORTUGAL USA C/ES CALÓ S/N C.DE BOU-PORT DES TORRENT MAZZAFORNO SPORTING CLUB MIRETTE TOURISTIC VILLAGE MARGABELLA SUITES 07830 SAN JOSÉ CONTRADA MAZZAFORNO HURGHADA FINAL AVENIDA IBIZA,BALEARIC ISLANDS 90015 CEFALU', (PA) RED SEA SANTIAGO MARINO SPAIN ITALY EGYPT PORLAMAR ISLA DE MARGARITA, NESP MARINA SN.CARLOS PTO. MEADOW LAKE GOLF AND SKI MISTY HARBOR RESORT VENEZUELA AVENTURAS RESORT CONDOMINIUM CALLE XEL-HA 100 ST ANDREWS DRIVE 60 MILE ROAD MARGARITA CARIBE HOTEL ESQ. PRIV. XEL-HA COLUMBIA FALLS, MT PO BOX 367 RESORT PUERTO AVENTURAS, QROO USA WELLS, ME PROLONG. AVE. BOLIVAR, MEXICO USA URB. DUMAR COUNTRY CLUB MELIA COZUMEL A.INCLUSIVE VIA PAMPATAR MARINER SHORES RESORT BEACH RST MITTERSILL VACATION ISLA DE MARGARITA, NESP 260 THE ESPLANADE MELIA MAYAN COZUMEL APDO. OWNERSHIP RST VENEZUELA MIAMI, QLD 9 ZONA HOTELERA NORTE ROUTE 18 AUSTRALIA COZUMEL, QROO MITTERSILL ROAD MARGARITA OMNI MEXICO FRANCONIA, NH URB.COSTA AZUL, MARITIME BEACH CLUB USA AV. GUAYACAN,PLAYA MORENO 400 N. OCEAN BLVD MELIA VAC.CLUB PORLAMAR NORTH MYRTLE BEACH, SC AT GRAN MELIA CANCUN MONARCH @ SEA PINES ISLA DE MARGARITA, NESP USA KM.16.5 BLVD KUKULKAN 1044 WILLIAM HILTON PKWY VENEZUELA ZONA HOTELERA WELCOME CENTER MASSANUTTEN'S MOUNTAINSIDE CANCUN, QROO HILTON HEAD ISLAND, SC MARGARITA VILLAGE VILLAS MEXICO USA INTERNATIONAL RST ROUTE 644 PEAK DRIVE AV BOLIVAR SEC.BELLAVISTA AT MIDDLECOFF MELIA VAC.CLUB MONESS COUNTRY CLUB URB.DUMAR COUNTRY CLUB MCGAHEYSVILLE, VA AT PARADISUS PUNTA C A PARADISE GROUP RESORT PORLAMAR USA PLAYAS DE BAVARO MONESS HOUSE ESTATE ISLA DE MARGARITA, NESP HIGUEY ABERFELDY VENEZUELA MASSANUTTEN'S SHENANDOAH DOMINICAN REPUBLIC PERTHSHIRE VILLAS SCOTLAND MARGATE SANDS ROUTE 644 MIA RESORTS PINEPARK HOLIDAY WILLIAM O'CONNOR DRIVE MCGAHEYSVILLE, VA CLUB MONTAUK MANOR P O BOX 653 USA TASUCU YORESI ROAD 2 MARGATE YESILOVACIK 4. KM BOX 226C SOUTH AFRICA MAUI LEA AT MAUI HILL ICEL MONTAUK LONG ISLAND, NY 2881 S. KIHEI ROAD TURKEY USA MARINA BAIE DES ANGES KIHEI, MAUI, HAWAII RESIDENCE BARONNET USA MIDLANDS SADDLE & TROUT MONTE ROSA HOTEL & COUNTRY ROUTE DU BORD DE MER RESORT CLUB 06270 VILLENEUVE LOUBET MAYAN PALACE ACAPULCO P O BOX 12 DAMASCUS COUNTRY SIDE & FRANCE AV. COSTERA DE LAS PALMAS MOOI RIVER COUNTRY CLUB, ZABADANI. NO. 1121 SOUTH AFRICA ZARZAR LAKE MARINA BAY RESORT FRACC. PLAYA DIAMANTE DAMASCUS 80 MIRACLE STRIP PARKWAY ACAPULCO, GRO SYRIA FORT WALTON BEACH, FLORIDA MEXICO USA

112 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 113

Resorts With 51 or More Units MONTECHORO BEACH CLUB NAHUEL MAPU NUEVA TOLEDO INTL TIMESHARING OCEAN REEF YACHT CLUB AND RUA RAMALHO ORTIGAO AV. EZEQUIEL BUSTILLO AV. UNIVERSIDAD, RESORT APARTADO 761 KM. 11 SECTOR LOS BORDONES P.O. BOX F-2695 PRAIA DA OURA SAN CARLOS DE BARILOCHE, RN CUMANA, SUCR FREEPORT 8200-604 ALBUFEIRA ARGENTINA VENEZUELA GRAND BAHAMA ISLAND PORTUGAL BAHAMAS NATURLAND DOGAL YASAM * OAK 'N SPRUCE RESORT MORRITT'S TORTUGA CLUB BELDESI 190 MEADOW STREET OCEAN SANDS PO BOX 496 CAMYUVA PO BOX 237 2207 ATLANTIC AVE EAST END KEMER SOUTH LEE, MA VIRGINIA BEACH, VA GRAND CAYMAN ISLAND ANTALYA USA USA CAYMAN IS TURKEY OAK PLANTATION VACATION OCEAN TOWERS BEACH CLUB MORRO DO SOL NEPEAN COUNTRY CLUB OWNERSHIP 11211 FRONT BEACH ROAD RUA MORRO DO SOL NO.100 BROWNS ROAD RESORT PANAMA CITY BEACH, FLORIDA PORTO BELO, SC ROSEBUD, VIC 4100 ENCHANTED OAK CIRCLE USA BRAZIL AUSTRALIA KISSIMMEE, FLORIDA USA OCEANIC MOUNT AMANZI + NEWPORT ONSHORE 20 JOHN MCINTYRE RD P O BOX 169 405 THAMES ST OAKMONT RESORT P O BOX 5769 HARTBEESPOORT NEWPORT, RI 2735 MIDDLECREEK RD NORTH BEACH SOUTH AFRICA USA PIGEON FORGE, TN DURBAN USA SOUTH AFRICA MOUNT BACHELOR VILLAGE NEWPORT RESORT RESORT 7888 CHURCH STREET OASIS LAKES RESORT OGISAKA GARDEN 19717 MOUNT BACHELOR DR EGG HARBOR, WI 12400 SOUTH C/ AQUARI,3 BEND, OR USA INTERNATIONAL DRIVE 03700 DENIA USA ORLANDO, FLORIDA ALICANTE NGWENYA LODGE USA SPAIN MOUNTAIN LOFT RESORT FARM WHISKY 110 MOUNTAIN LOFT DR (PO BOX 397) OASIS VILLAGE OLYMPIC VILLAGE INN GATLINBURG, TN KOMATIPOORT PARQUE MOURABEL 1909 CHAMONIX PLACE USA SOUTH AFRICA CAMINHO DO LAGO PO BOX 2395 8125-423 VILAMOURA OLYMPIC VALLEY, CA MOUNTAIN SIDE RESORT NICHIGO RESORT & COUNTRY PORTUGAL USA AT F RISCO CLUB 520 BILLS RANCH RD 106 MOO 4 TAMBOL WANGDONG OCCIDENTAL C.V.CLUB ONNA MARINE VIEW PALACE FRISCO, CO AMPHUR MUANG ON THE GREEN 497-3 MAEGANEKU USA KANCHANABURI PLAYA DORADA ONNA-SON THAILAND PUERTO PLATA KUNIGAMI-GUN MOUNTAIN VIEW DOMINICAN REPUBLIC OKINAWA-KEN 904-0401 AT CROWN RIDGE RESORT NIRWANA BALI JAPAN CROWN RIDGE RD JL. RAYA TANAH LOT OCCIDENTAL GRAND PO BOX 1742 BERABAN KEDIRI FUERTEVENTURA ORANGE LAKE COUNTRY CLUB NORTH CONWAY, NH TABANAN URB. ESQUINZO BUTIHONDO RT 192 W USA BALI MORRO JABLE 8505 IRLO BRONSON MEM HWY INDONESIA FUERTEVENTURA KISSIMMEE, FLORIDA MOUNTAINSIDE RESORT AT STOWE CANARY ISLANDS, SPAIN USA 171 COTTAGE CLUB ROAD NORTHSHORE AT CHAUTAUQUA STOWE, VT ELM LANE OCEAN EAST RESORT CLUB ORBIT ONE VACATION VILLAS USA CHAUTAUQUA, NY 867 S. ATLANTIC AVE 2950 ENTRY POINT BLVD USA ORMOND BEACH, FLORIDA KISSIMMEE, FLORIDA MUJU RESORT USA USA SAN 43-15, SIMGOK-RI NORTHSLOPE AT SHAWNEE SEOLCHUN-MYON PO BOX 93 OCEAN IMPERIAL CLUB +ORLANDO INTERNATIONAL MUJU-KUN SHAWNEE-ON-DELAWARE, PA @ RADISSON IXTAPA RESORT CLUB JONBUK USA BLVD. IXTAPA LOTE 5 5353 DEL VERDE WAY KOREA, REP OF (SOUTH) ZONA HOTELERA ORLANDO, FLORIDA NOSTOS VILLAGE IXTAPA ZIHUATANEJO, GRO USA MULTIPROPIEDAD BAQUEIRA TZANERIA MEXICO BAQUEIRA -BERET SKIATHOS ORLANDO SUN VILLAGE 25598 SALARDU GREECE OCEAN KEY RESORT 4403 SUN VILLAGE BLVD LERIDA 424 ATLANTIC AVE KISSIMMEE, FLORIDA SPAIN NOTTINGHAM VILLAGE VIRGINIA BEACH, VA USA AT F RIAR TUCK USA MURRAY VALLEY RESORT 4858 ROUTE 32 ORLANDO'S SUNSHINE RESORT II MURRAY VALLEY HIGHWAY CATSKILL, NY OCEAN PALMS RESORT 5473 DEL VERDE WAY YARRAWONGA, VIC USA AT PO RT ROYAL ORLANDO, FLORIDA AUSTRALIA PORT ROYAL PLANTATION USA 2 GRASSLAWN AVE HILTON HEAD ISLAND, SC USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 113 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 114

Resorts With 51 or More Units ORO NEGRO CLUB PAHIO AT KAUAI BEACH VILLAS PALM TREE CLUB PARK ROYAL LOS TULES PTO. AV. DE COLÓN 24 4330 KAUAI BEACH DR P.O. BOX 180 VALLARTA PUERTO DE LA CRUZ LIHUE, HAWAII LAMU ROAD BLVD. FRANCISCO MEDINA TENERIFE USA MALINDI ASCENCIO S/N CANARY ISLANDS, SPAIN KENYA INTERIOR LOS TULES PALACE RESIDENCE 2 PUERTO VALLARTA, JAL ORSA GRÖNKLITT VIA MONTEROTTA 18 PANIOLO GREENS MEXICO ORSA 10058 SESTRIERE, (TO) 68-1745 WAIKOLOA RD 794 98 ORSA ITALY PO BOX 384382 PARQUE DENIA CLUB SWEDEN WAIKOLOA, HAWAII, HAWAII CTRA DENIA-JÀVEA 118 PALACE RESIDENCE I USA LAS ROTAS OURAHOTEL APARTHOTEL VIA LA GLEISA 11 03700 DENIA APARTADO 509 10058 SESTRIERE, (TO) PANOLY TOWN & BEACH CLUB ALICANTE AREIAS DE S. JOAO ITALY PUNTA BUNGA, SPAIN 8201-908 ALBUFEIRA BORACAY ISLAND PORTUGAL PALACE RESORT MALAY, AKLAN PEACOCK SUITES RESORT AT BEACH PALACE PHILIPPINES 1745 SOUTH ANAHEIM BLVD OURAPRAIA APARTHOTEL BLVD. KUKULKAN KM 11.5 ANAHEIM, CA PRAIA DA OURA ZONA HOTELERA PANORAMA RESORT USA APARTADO 827 CANCUN, QROO PANORAMA TIMESHARE DIV AREIAS SAO JOAO MEXICO PANORAMA, BC PEARLY GREY OCEAN CLUB 8201-911 ALBUFEIRA CANADA PERLA GRIS PORTUGAL PALACE RESORT URB. CALLAO SALVAJE AT CANCUN PALACE PARADISE BEACH CLUB & CASINO ADEJE OUTER BANKS BCH CLUB II PASEO KUKULKAN KM 14.5 PLAYA DORADA TENERIFE 1110 VIRGINIA DARE TRAIL ZONA HOTELERA PUERTO PLATA CANARY ISLANDS, SPAIN KILL DEVIL HILLS, NC CANCUN, QROO DOMINICAN REPUBLIC USA MEXICO PELICAN RESORT CLUB PARADISE CANYON GOLF RESORT SIMPSON BAY + OUTER BANKS BEACH CLUB I PALACE RESORT AT MOON PALACE 185 CANYON BOULEVARD BILLY FOLLY RD 1110 VIRGINIA DARE TRAIL MZ 40 LOTES 7 Y 7-A FRAC. LETHBRIDGE, AB SINT MAARTEN KILL DEVIL HILLS, NC TAMUL RANCHO SAN MIGUEL CANADA NETHERLANDS ANTILLES USA CARR.FED.CHETUMAL-CANCUN CANCUN, QROO PARADISE HILL HOTEL ZHUHAI PENTA EN BARCELO OUTRIGGER BEACH CLUB MEXICO NO.1 SHI CHING SHAN RD COL. DEL SACRAMENTO 215 S. ATLANTIC AVE. ZHUHAI WASHINGTON BARBOT 283 ORMOND BEACH, FLORIDA PALACE RESORT AT SUN PALACE CHINA, PEOP REP OF COLONIA DEL SACRAMENTO, USA BLVD KUKULKAN KM 20 COLO ZONA HOTELERA PARAISO DEL MAR URUGUAY OWARA KANKO RESORT HOTEL CANCUN, QROO CALZ SABALO CERRITOS S/N 52 SHIMAO, TAKAKUMA MEXICO FRACC LOS CERRITOS + PEPPERTREE AT TAMARACK YATSUOMACHI MAZATLAN, SIN 874 XANADU RD NEI-GUN PALACE VIEW BY SPINNAKER MEXICO WISCONSIN DELLS, WI TOYAMA-KEN 700 BLUE MEADOWS ROAD USA JAPAN BRANSON, MO PARAMO LA CULATA RESORT USA CARRETERA NACIONAL VIA + PEPPERTREE ATLANTIC BEACH OYSTER POINTE EL VALLE, PARROQUIA MILLA P O BOX 1068 1570 US HIGHWAY 1 PALM BEACH CLUB SECTOR LA CULATA 715 WEST FORT MACON ROAD SEBASTIAN, FLORIDA AVDA. V CENTENARIO S/N MERIDA, MRD ATLANTIC BEACH, NC USA PLAYA DE LAS AMERICAS VENEZUELA USA ADEJE PACIFIC SHORES NATURE RESORT TENERIFE, PARC HOTEL POSTA + PEPPERTREE ATLANTIC BEACH III 1-1600 STROUGLER ROAD CANARY ISLANDS, SPAIN CENTRO 58 PO BOX 1068 NANOOSE BAY, BC 39030 SAN VIGILIO MAREBBE, (BZ) 715 WEST FORT MACON ROAD CANADA PALM BEACH SHORES RST & VAC. ITALY ATLANTIC BEACH, NC VILLAS USA PACIFICA CLUB 181 OCEAN AVE PARK LANE CLUB PASEO DE LA COLINA PALM BEACH SHORES, FLORIDA AVDA ERNESTO SARTIDO + PEPPERTREE BY THE SEA PLAYA VISTA HERMOSA LOTE USA URB TORVISCAS BAJO 305 S. OCEAN BLVD F.E. ZONA HOTELERA ADEJE NORTH MYRTLE BEACH, SC IXTAPA ZIHUATANEJO, GRO PALM GARDENS TENERIFE USA MEXICO VALE DE CENTEANES CANARY ISLANDS, SPAIN PRAIA DO CARVOEIRO + PEPPERTREE OCEAN CLUB PAHIO AT BALI HAI VILLAS APARTADO 24 +PARK PLAZA 1908 N OCEAN BLVD 4970 PEPELANI LOOP 8401-951 LAGOA 2060 SIDEWINDER DRIVE NORTH MYRTLE BEACH, SC PRINCEVILLE, KAUAI, HAWAII PORTUGAL PO BOX 706 USA USA PARK CITY, UT PALM SPRINGS TENNIS CLUB USA PERDANA BEACH RESORT PAHIO AT KA'EO KAI 701 W. BARISTO ROAD LOT 79,JALAN KUALA MELAKA 3970 WYLLIE RD PALM SPRINGS, CA PADANG MATSIRAT PO BOX 3099 USA LANGKAWI, KEDAH PRINCEVILLE, KAUAI, HAWAII MALAYSIA USA

114 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 115

Resorts With 51 or More Units PERENNIAL VACATION CLUB PINE LAKE RESORT PLAYA NACO GOLF & TENNIS PORTOBELO @ DAYTONA CARNFORTH RESORT RUA TIVOLI 2525 S ATLANTIC AVE LANCS PLAYA DORADA LOTE H5 DAYTONA BEACH SHORES, FLORIDA ENGLAND PUERTO PLATA VILAMOURA USA DOMINICAN REPUBLIC 8125-410 VILAMOURA PINECLIFF VILLAGE PORTUGAL PERGOLA HOLIDAY & LEISURE 401 HIGHWAY 70 W PLAYA PALACE CLUB PO BOX 7716 AV. 4 Y COSTANERA PORTOFINO EST RESIDENCE ADENAU STREET RUIDOSO, NM COSTA DEL ESTE, BSAS VIA PIETRAFREDDA 1 MELLIEHA USA ARGENTINA LOC.LE LOGGE DI S.MICHELE MALTA 16035 RAPALLO, (GE) PIRATES' COVE TOWNHOMES PLAYA PARK CLUB ITALY PERNA PERNA UMDLOTI 4124 PIRATES BEACH URB.CORRALEJO PLAYA 6 BEACH ROAD GALVESTON, TX C/LANZAROTE Nº 3 PORTOLACONIA RESIDENCE UMDHLOTI USA LA OLIVA VILLAGGIO TANCA MANNA SOUTH AFRICA FUERTEVENTURA CANNIGIONE PLANTATION BEACH CLUB / CANARY ISLANDS, SPAIN 07021 ARZACHENA, (SS) PETNEHAZY CLUB HOTEL SOUTH SEAS ITALY FEKETEFEJ U. 2-4. INTERVAL MANAGEMENT PLAYERS CLUB OF HILTON HEAD H-1029 BUDAPEST SOUTH SEAS PLANTATION RD ISLAND PRAIA BRAVA HOTEL HUNGARY PO BOX 217 35 DEALLYON AVENUE RUA SCI 10, NO. 8 CAPTIVA, FLORIDA P.O. BOX 7973 PRAIA BRAVA PETROCLUB SIDE HOLIDAY VILLAGE USA HILTON HEAD ISLAND, SC FLORIANOPOLIS, SC COLAKLI USA BRAZIL MANAVGAT PLANTATION GOLF VILLAS ANTALYA 1250 US HIGHWAY 17 N PLAZA DEL SOL-PUNTA DEL ESTE PRESIDENTIAL RST TURKEY SURFSIDE BEACH, SC AV. GORLERO Y CALLE 27 @ CHANCELLORSVILLE USA PUNTA DEL ESTE, MALD 9220 PLANK ROAD PHEASANT PARK URUGUAY SPOTSYLVANIA, VA 130 PARK LN PLANTATION ISLAND USA PO BOX 230 187 S. ATLANTIC AVE. PLAZA RESORT CLUB SISTER BAY, WI ORMOND BEACH, FLORIDA 121 WEST STREET PRESIDENTIAL VILLAS USA USA RENO, NV @ PLANTATION RESORT USA % PLANTATION RESORT PHOENIX RESORT PLANTATION RESORT OF MYRTLE 1250 US HWY 17 NORTH MID PHOENIX ROAD BEACH PLAZA SUITE HOTEL RESORT SURFSIDE BEACH, SC E ZHOU HUBEI PROVINCE 1250 US HIGHWAY 17 NORTH 620 S PETERS ST USA CHINA, PEOP REP OF SURFSIDE BEACH, SC NEW ORLEANS, LA USA USA PRIMACY APART HOTEL PIANETA MARATEA SANTA FE 2464 CONTR. SANTA CATERINA 233 PLANTATION RESORT VILLAS POINTE ROYALE VILLAGE & MAR DEL PLATA, BSAS 85046 MARATEA, (PZ) % PLANTATION RESORT COUNTRY CLB ARGENTINA ITALY 1250 US HWY 17 NORTH S HIGHWAY 165 SURFSIDE BEACH, SC 158-A POINTE ROYALE DR PRINCESS PORT PIER 7 CONDOMINIUMS USA BRANSON, MO DE PLAISANCE RESORT 711 MAIN ST USA PO BOX 2089 SOUTH YARMOUTH, MA PLAYA ACAPULCO BEACH / 155 UNION RD COLE BAY USA PLAYA SUITES PORT O'CALL SIMPSON BAY LAGOON AV COSTERA MIGUEL ALEMAN SHIPYARD PLANTATION SINT MAARTEN PILIO HOLIDAY CLUB NUM 123 P.O. BOX 5686 NETHERLANDS ANTILLES MILOPOTAMOS-TSAGKARADA ESQ CON REYES CATOLICOS HILTON HEAD ISLAND, SC PILIO ACAPULCO, GRO USA PROTEA WILDERNESS HOTEL MAGNISIAS MEXICO NATIONAL ROAD BETWEEN GREECE PORT PACIFIC RESORT GEORGE AND KNYSNA PLAYA EL AGUA BEACH HOTEL 6-14 CLARENCE ST (PO BOX 6) PINE BAY HOLIDAY RESORT AVENIDA 31 DE JULIO PORT MACQUARIE, NSW WILDERNESS CAMLIMANI MEVKII MUNCPO. ANTOLIN DEL CAMPO AUSTRALIA SOUTH AFRICA KUSADASI PLAYA EL AGUA AYDIN ISLA DE MARGARITA, NESP PORTO HYDRA HOTEL PTARMIGAN VILLAGE TURKEY VENEZUELA PLEPI ERMIONIS AT WHITEFISH ERMIONIS PELOPONESE 3000 BIG MOUNTAIN ROAD PINE CLIFFS RESORT PLAYA GRANDE RESORT GREECE PO BOX 458 PINHAL DO CONCELHO AV. PLAYA GRANDE NO.1 WHITEFISH, MT FALESIA CENTRO PORTO ROTONDO GARDENS USA APARTADO 887 CABO SAN LUCAS, BCS PIAZZA QUADRA 8200-912 ALBUFEIRA MEXICO 07020 PORTO ROTONDO, (SS) PUCON II PORTUGAL ITALY HOLZAPFEL 190 PLAYA LINDA BEACH RESORT PUCON PINE LAKE MARINA J E IRAUSQUIN BLVD 87 REGION DE LA ARAUCANIA N2 MAIN ROAD ORANJESTAD CHILE P O BOX 8 ARUBA SEDGEFIELD NETHERLANDS ANTILLES SOUTH AFRICA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 115 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 116

Resorts With 51 or More Units PUEBLO BONITO RESORT PUERTO VIGIA HOTEL RESORT RCT CLUB VACACIONAL RESIDENCE EDEN SAINT TROPEZ AV CAMARON SABALO 2121 SECTOR AQUAVILLA AV R-19 R.P. NRO 11 KM 25.500 CHEMIN DES AMOUREUX 1 MAZATLAN, SIN PARCELA M22-D PJE SIEMPRE VERDE BATIMENT D MEXICO COMPLJ. TURIST. EL MORRO CHAPADMALAL-MAR DEL PLATA, 83990 SAINT TROPEZ PUERTO LA CRUZ, ANZT BSAS FRANCE PUEBLO BONITO RESORT VENEZUELA ARGENTINA AT EMERALD BAY RESIDENCE FORT SOCOA AV.ERNESTO COPPEL CAMPA#A PUNTA DEL ESTE GOLDEN BEACH REEF CLUB COZUMEL UNTXIN - SOCOA NO. 221 CALLE 24/29 CARR.COSTERA SUR KM.12.5 64122 URRUGNE NUEVO MAZATLAN PUNTA DEL ESTE, MALD COZUMEL, QROO FRANCE MAZATLAN, SIN URUGUAY MEXICO MEXICO RESIDENCE HOTEL ISOLA VERDE PURGATORY VILLAGE REGATTAS OF ABACO LOCALITA' SAN GIOVANNI PUEBLO BONITO RESORT CONDOMINIUM HOTEL PO BOX AB 201 49 57033 MARCIANA MARINA, (LI) LOS CABOS AT DURANGO MOUNTAIN RSRT. MARSH HARBOUR ITALY DOMICILIO CONOCIDO 5 SKIER PLACE ABACO ISLAND PLAYA EL MEDANO DURANGO, CO BAHAMAS RESIDENCE HOTEL NURAGHE P O BOX 460 USA LOCALITA' SPIAGGIA IRA CABO SAN LUCAS, BCS RES I DELFINI DI PUGNOCHIUSO DI PORTO ROTONDO MEXICO PZA.H.CLUB PORTO PIATTO 07020 PORTO ROTONDO, (SS) AT ACAPULCO PLAYA SUITES PUGNOCHIUSO ITALY PUEBLO BONITO ROSE SPA & COSTERA MIGUEL ALEMAN Y 71019 VIESTE, (FG) RESORT REYES CATOLICOS ITALY RESIDENCE I BOBOLI DOMICILIO CONOCIDO ACAPULCO, GRO LOCALITA' PORTO PLAYA EL MEDANO MEXICO RES SERRA DEGLI ALIMINI 2 58040 PUNTA ALA, (GR) CABO SAN LUCAS, BCS LOCALITA' ALIMINI ITALY MEXICO QUADNA MOUNTAIN VILLAGE 73028 OTRANTO, (LE) 100 QUADNA ROAD ITALY RESIDENCE IL VIGO DI MARILLEVA PUEBLO BONITO RST. HILL CITY, MN LOCALITA' MARILLEVA 1400 AT SUNSET BEACH USA RESIDENCE ALBATROS 38020 MEZZANA/VAL DI SOLE, (TN) FRACCION C VILLAS DEL MAR ITALY PARAISO ESCONDIDO QUAIL HOLLOW VIL JUAN DOLIO CABO SAN LUCAS, BCS @ BEECH MT LAKES DOMINICAN REPUBLIC RESIDENCE KARIBUNI MEXICO 1 EDGEROCK DRIVE LOCALITA' MAMBRUI DRUMS, PA RESIDENCE BORGO AL SOLE MALINDI PUEBLO EVITA CLUB USA BORGATA LERPA KENYA AVDA. DE LAS PALMERAS 32047 SAPPADA, (BL) C/ PALMITO S/N QUALITY SUITES AIRPORT ITALY RESIDENCE LA FERRIERA 29630 BENALMÁDENA-COSTA BANGKOK VIA FERRIERE 4 MÁLAGA 99/401-486 SOI BENJAMITR RESIDENCE BRIDGE 52024 LORO CIUFFENNA, (AR) SPAIN CHAENG WATTANA ROAD LOC. VANNEFORA ITALY BANGKOK 87020 S NICOLA ARCELLA, (CS) PUEBLO LAGUNA BEACH CLUB II THAILAND ITALY RESIDENCE LA SPLAZA APDO. CORREOS 336 LOC MONTECAMPIONE 1200 VERA QUALTON CLUB & SPA VALLARTA RESIDENCE CAMPOROSSO II 25050 PIAN CAMUNO, (BS) 04630 GARRUCHA KM 2.5 CARR AL AEROPUERTO VIA QUINTINO SELLA 1 ITALY ALMERÍA PUERTO VALLARTA, JAL LOC CAMPOROSSO/VALCANALE SPAIN MEXICO 33010 TARVISIO, (UD) RESIDENCE LETOJANNI ITALY CONTRADA SILLEMI ALTA PUERTO ANFI QWANTANI LETOJANNI BARRANCO DE LA VERGA S/N P O BOX 980 RESIDENCE CAMPOVERDE 98037 TAORMINA, (ME) ARGUINEGUIN HARRISMITH LITORANEA S.CATALDO - ITALY GRAN CANARIA SOUTH AFRICA OTRANTO CANARY ISLANDS, SPAIN 73100 LECCE, (LE) RESIDENCE MYOSOTIS RAMADA RESORTS PINAMAR ITALY LOCALITA' ROTIG PUERTO DE LUNA ALL SUITES AV. DEL MAR Y DE 38030 MAZZIN DI FASSA, (TN) RESORT LAS GAVIOTAS RESIDENCE CAPO D'ORSO MARINA ITALY FCO.MEDINA ASCENCIO 2500 PINAMAR, BSAS VIA CAPO D'ORSO PUERTO VALLARTA, JAL ARGENTINA 07020 PALAU, (SS) RESIDENCE OLEANDRO MEXICO ITALY E CORMORANO RANIA BEACH RESORT LOCALITA' CALA DI LUPO PUERTO PEÑON POSIDONOS AVENUE RESIDENCE CERVINIA 2 07040 STINTINO, (SS) AV. EZEQUIEL BUSTILLO PAPHOS LA VIEILLE ITALY KM 13.800 - TRES LAGOS CYPRUS 11021 BREUIL CERVINIA, (AO) SAN CARLOS DE BARILOCHE ITALY RESIDENCE PIETRE ROSSE RIO NEGRO, RN RAYBURN COUNTRY LOCALITA' PIETRE ROSSE ARGENTINA TIMESHARE POINTE CLUBHSE RESIDENCE DJERBA PARADISE 84051 CENTOLA PALINURO, (SA) #39 CIRCLE DRIVE ZONE TOURISTIQUE AGHIR ITALY PO BOX 5218 BP 354 4116 SAM RAYBURN, TX MIDOUN JERBA USA TUNISIA

116 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 117

Resorts With 51 or More Units RESIDENCE PORTOROTONDO DUE RESORT LEXUS INTERNACIONAL- RIVER VILLAGE II - SHAWNEE ROYAL DUNES LOCALITA' GOLFIRA INGLESES PO BOX 93 8 WIMBLEDON CT DI PORTO ROTONDO RUA DOM JOAO BECKER SHAWNEE-ON-DELAWARE, PA HILTON HEAD ISLAND, SC 07020 PORTO ROTONDO, (SS) 859 USA USA ITALY PRAIA DOS INGLESES FLORIANOPOLIS, SC RIVIERA BEACH RESORT IXTAPA ROYAL FLORIDIAN RESORT RESIDENCE PORTOROTONDO TRE BRAZIL HOLIDAY INN IXTAPA 51 S ATLANTIC AVE LOCALITA' RUDARGIA BOULEVARD IXTAPA S/N ORMOND BEACH, FLORIDA DI PORTO ROTONDO RESORT PLAYA PARAISO ZONA HOTELERA USA 07020 PORTO ROTONDO, (SS) AV. BORGONO 23032 IXTAPA ZIHUATANEJO, GRO ITALY PLAYA AMARILLA MEXICO ROYAL GOAN BEACH CLUB - CON-CON ROYAL PALMS RESIDENCE PUNTA ASFODELI CHILE RIVIERA INTL HOTEL & COUNTRY NEAR MARIA HALL LOCALITA' PUNTA ASFODELI CLUB BENAULIM BEACH ROAD DI PORTO ROTONDO REY ZENIT KINOSAKI P O BOX 64 VASVADDO - BENAULIM 07020 PORTO ROTONDO, (SS) 1220 OJIMA VEREENIGING SALCETE - GOA ITALY TOYOOKA-SHI SOUTH AFRICA INDIA HYOGO-KEN 669-6123 RESIDENCE RIO FALZE' JAPAN ROARK VACATION RESORT ROYAL GOAN BEACH CLUB LOCALITA' CAMPO BUSINESS HWY 65 AT BENAULIM CARLO MAGNO RHC @ HIGH POINT WORLD RESORT BRANSON, MO CALVADDO 38084 M. DI CAMPIGLIO, (TN) 2951 HIGH POINT BLVD USA BENAULIM ITALY KISSIMMEE, FLORIDA SALCETTE USA ROSARITO BEACH VACATION GOA RESIDENCE RODODENDRO SUITES INDIA PASSO SAN PELLEGRINO RHC/PARK ROYAL COZUMEL BOULEVARD BENITO JUAREZ 38035 MOENA, (TN) PLAYA PARAISO KM. 3.5 NO. 31 ROYAL GOAN BEACH CLUB ITALY ZONA HOTELERA SUR PLAYAS DE ROSARITO, BCN AT MONTERIO COZUMEL, QROO MEXICO ARPORA-BAGA ROAD RESIDENCE SOLE ALTO MEXICO BAGA LOCALITA' MARILLEVA 1400 ROUNDHOUSE RESORT BARDEZ 38020 MEZZANA/VAL DI SOLE, (TN) RHC/PARK ROYAL LOS TULES 5829 BUCK SPRINGS ROAD GOA ITALY AVENIDA FRANCISCO MEDINA PO BOX 1468 INDIA ASCENCIO S/N PINETOP, AZ RESIDENCE UNIVERSO ZONA HOTELERA USA ROYAL GOAN BEACH CLUB- PZZA VITTORIO EMANUELE 3 PUERTO VALLARTA, JAL HAATHI MAHAL 11010 PRE' ST DIDIER, (AO) MEXICO ROYAL ALOHA TORREBLANCA / CAVELOSSIM ITALY RAVC MOBOR,SALCETTE RHC/PARK ROYAL PIRAMIDES CONDOMINIUM TORREBLANCA GOA RESIDENCES AT THE CRANE CANCUN EDIFICIO TORREBLANCA INDIA CRANE BLVD. KUKULKAN KM 12.5 LOCAL C1 PUERTO MARQUES ST PHILIP LOTE 18, FRACC. 1-B ACAPULCO, GRO ROYAL HAWAIIAN ADVENTURE BARBADOS ZONA HOTELERA MEXICO CLUB CANCUN, QROO AT THE ROYAL KUHIO RESIDENCIAL CALA PÍ NOU MEXICO ROYAL ALOHA VACATION CLUB / 2240 KUHIO AVE URB. TORRE CALA PÍ WAIKIKI HONOLULU, OAHU, HAWAII SOLAR 7 RIDGE TOP VILLAGE AT SHAWNEE CHECK IN DESK USA 07639 LLUCMAJOR PO BOX 93 2224 ALOHA DRIVE MALLORCA,BALEARIC ISLANDS SHAWNEE-ON-DELAWARE, PA HONOLULU, OAHU, HAWAII ROYAL ISLANDER CLUB "LA PLAGE" SPAIN USA USA MAHO REEF P.O. BOX 2000 RESIDENZA BOUGANVILLE RIPTIDE BEACH CLUB ROYAL ALPAGE CLUB SIMPSON BAY LOCALITA' RUDARGIA 2806 N. OCEAN BLVD CHAMPOUSSIN VILLAGE SINT MAARTEN DI PORTO ROTONDO MYRTLE BEACH, SC CH-1873 VAL D'ILLIEZ NETHERLANDS ANTILLES 07020 PORTO ROTONDO, (SS) USA SWITZERLAND ITALY ROYAL MAYAN RISATA BALI RESORT & SPA ROYAL ATLANTIC BLVD KUKULKAN KM. 16.5 RESIDENZA CHRYSALIS BAY JLN. JENGGALA 15-17 MARAIS STREET 2DA. ETAPA RET. GUCUMATZ LOCALITA' PICCOLO PEVERO TUBAN SEA POINT LOTE 49 07021 ARZACHENA, (SS) KUTA CAPE TOWN CANCUN, QROO ITALY BALI SOUTH AFRICA MEXICO INDONESIA RESIDENZA DEI CAVALLEGGERI ROYAL CARAIBES ROYAL OASIS CLUB VIA DEI CAVALLEGGERI 6 RITZ 2 CORAL SUITES LIEU DIT "LA BAIE" AT BENAL BEACH 57027 SAN VINCENZO, (LI) JOLLY RODGER DRIVE 97160 LE MOULE CTRA DE CÁDIZ KM 221,7 ITALY PO BOX F-43819 GUADELOUPE AVDA ROCIO JURADO S/N FREEPORT 29630 BENALMÁDENA-COSTA RESIDENZA LORICA GRAND BAHAMA ISLAND ROYAL CLUB INT'L AT BANFF GATE MÁLAGA VIALE DELLA LIBERTA' 57 BAHAMAS BANFF GATE MOUNTAIN LODGE SPAIN 87050 LORICA, (CS) 1200 HARVEY HEIGHTS ROAD ITALY HARVEY HEIGHTS, AB CANADA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 117 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 118

Resorts With 51 or More Units ROYAL OASIS CLUB AT LA QUINTA ROYAL TERRANORA COUNTRY SAMOSET RESORT SANDYPORT BEACHES RESORT URB. PUEBLO LA QUINTA CLUB 220 WARRENTON ST WEST BAY CTRA DE CÁDIZ KM 221,5 MARANA STREET ROCKPORT, ME PO BOX CB 13500 29630 BENALMÁDENA-COSTA BILAMBIL HEIGHTS, NSW USA NASSAU MÁLAGA AUSTRALIA BAHAMAS SPAIN SAN CLEMENTE INN ROYAL VACATION SUITES 2600 AVE DEL PRESIDENTE SANTA BARBARA GOLF & OCEAN ROYAL ORCHID 99 CONVENTION CENTER DR SAN CLEMENTE, CA CLUB II CANICO DE BAIXO LAS VEGAS, NV USA GOLF DEL SUR 9125-039 CANICO, MADEIRA USA SAN MIGUEL DE ABONA PORTUGAL SAN DIEGO COUNTRY ESTATES TENERIFE, ROYAL VILLAS 25385 PAPPAS ROAD CANARY ISLANDS, SPAIN ROYAL PALMS CALZ.CAMARON SABALO 500 RAMONA, CA 8404 VACATION WAY ZONA HOTELERA USA +SANTA BARBARA RESORT & ORLANDO, FLORIDA MAZATLAN, SIN YACHT CLUB USA MEXICO + SAN LUIS BAY INN 1301 SOUTH OCEAN BLVD 3254 AVILA BEACH DRIVE POMPANO BEACH, FLORIDA ROYAL PARK ALBATROS CLUB ROYAL WOODS COUNTRY CLUB PO BOX 189 USA URB EL GUINCHO 16 MULYAN PLACE AVILA BEACH, CA GOLF DEL SUR ASHMORE, QLD USA SANTA MONICA SAN MIGUEL DE ABONA AUSTRALIA MARSA MATROUH/ALEXANDRIA TENERIFE SAN LUIS CONDOMINIUMS MAIN ROAD CANARY ISLANDS, SPAIN ROYALE BEACH & TENNIS CLUB 5222 SEAWALL BLVD MARSA MATROUH 400 PADRE BLVD GALVESTON, TX EGYPT ROYAL PLAZA/LEV YERUSHALAYM PO BOX 2809 USA 18 KING GEORGE STREET SOUTH PADRE ISLAND, TX SAPPHIRE BEACH CLUB JERUSALEM USA SAN MIGUEL LOWLANDS 147 ISRAEL LOT 772 CUPECOY BEACH RUPU PEHUEN KINDERSTRAND ROAD SINT MAARTEN ROYAL ROCHEBRUNE AV DE LOS PIONEROS KM 4.5 GLENMORE NETHERLANDS ANTILLES ROUTE DU SPORTING SAN CARLOS DE BARILOCHE, RN SOUTH AFRICA DE ROCHEBRUNE ARGENTINA SARASOTA SANDS 74120 MEGEVE SANBONANI 2150 BENJAMIN FRANKLIN DR FRANCE RWVC AT KAUAI BEACH VILLAS KRUGER PARK ROAD SARASOTA, FLORIDA 4330 KAUAI BEACH DRIVE PO BOX 433 USA ROYAL SUITES LIHUE, HAWAII HAZYVIEW AT THE ATLANTIC PALACE USA SOUTH AFRICA SCANDINAVIAN LODGE NEW YORK & THE BOARDWALK 264 HWY 57 ATLANTIC CITY, NJ RWVC SAND PEBBLE RESORT PO BOX 355 USA AT THE INN AT SILVER CREEK 12300 GULF BLVD SISTER BAY, WI 62927 US HIGHWAY 40 TREASURE ISLAND, FLORIDA USA ROYAL SUNSET SILVER CREEK, CO USA BLVD.KUKULKAN KM 10 USA SCANDINAVIAN VILLAGE LOTE 13-B SANDCASTLE CONDOMINIUMS AVIEMORE MOUNTAIN RESORT ZONA HOTELERA 1A.ETAPA SABAL PALMS ROUTE 6A AVIEMORE CANCUN, QROO 8805 WORLD CENTER DRIVE PO BOX 576 INVERNESS-SHIRE MEXICO ORLANDO, FLORIDA PROVINCETOWN, MA SCOTLAND USA USA ROYAL SUNSET *ALL INCLUSIVE* SCHOONER BEACH & RACQUET BLVD.KUKULKAN KM.10 SABI RIVER SUN SANDS BEACH CLUB CLUB LOTE 13-B MAIN SABI ROAD 9400 SHORE DRIVE 7050 N OCEAN BLVD ZONA HOTELERA 1A.ETAPA (PO BOX 13) MYRTLE BEACH, SC MYRTLE BEACH, SC CANCUN, QROO HAZYVIEW USA USA MEXICO SOUTH AFRICA SANDS OCEAN CLUB SCHOONER II BEACH AND ROYAL SUNSET BEACH CLUB SAGAMORE SUITES HOTEL 9550 SHORE DRIVE RACQUET CLUB CALLE LONDRES 6 1671 COLLINS AVE. MYRTLE BEACH, SC 2108 N OCEAN BLVD COSTA ADEJE MIAMI BEACH, FLORIDA USA MYRTLE BEACH, SC ADEJE USA USA TENERIFE SANDS VILLA RESORT CANARY ISLANDS, SPAIN SAHARA SAFARI CLUB 1400 E FORT MACON RD SCOTTSDALE CAMELBACK RESORT 2535 LAS VEGAS BLVD S. ATLANTIC BEACH, NC 6302 E CAMELBACK ROAD ROYAL TENERIFE COUNTRY CLUB LAS VEGAS, NV USA SCOTTSDALE, AZ COMPLEJO SAN ANDRES,CALLE USA USA SAN ANDRES, GOLF DEL SUR SANDSTONE CREEK CLUB SAN MIGUEL DE ABONA SAHARA SUNSET CLUB 1020 VAIL VIEW DRIVE SEA CREST SURF AND RACQUET TENERIFE AVDA. ROCIO JURADO S/N VAIL, CO CLUB CANARY ISLANDS, SPAIN 29630 BENALMÁDENA-COSTA USA 3 AVOCET ROAD MÁLAGA PO BOX 5011 SPAIN HILTON HEAD ISLAND, SC USA

118 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 119

Resorts With 51 or More Units SEA GARDEN & MARINA VALLARTA SEDONA VACATION CLUB / SHORE CREST VACATION VILLAS II SILVERLEAF'S OZARK MOUNTAIN PASEO DE LA MARINA SUR LOS ABRIGADOS 4708 S. OCEAN BLVD. RESORT NO. 220 160 PORTAL LANE NORTH MYRTLE BEACH, SC 146 OZARK MOUNTAIN RST DR FRACC. MARINA VALLARTA SEDONA, AZ USA KIMBERLING CITY, MO PUERTO VALLARTA, JAL USA USA MEXICO SIGMA RESORT CLUB SERRA DEGLI ALIMINI 1 (SOUTH PATTAYA) SILVERLEAF'S PINEY SHORES SEA GARDEN & VIDAFEL MAZATLAN LOCALITA' ALIMINI 64 MOO 1 JOMTIEN BEACH RESORT CALZ. SABALO CERRITOS S/N 73028 OTRANTO, (LE) SATTAHIP 8350 PINEY SHORES DRIVE FRACC. LOS CERRITOS ITALY CHONBURI CONROE, TX MAZATLAN, SIN THAILAND USA MEXICO SES FONTANELLAS PLAZA URB. SES FONTANELLAS SILVER BEACH CLUB RESORT SILVERLEAF'S SEASIDE RESORT SEA GARDEN ACAPULCO CTRA PORT DES TORRENT S/N 1025 S. ATLANTIC AVE. 19320 WEST SAN LUIS PASS AV. COSTERA DE LAS PALMAS 07820 SAN ANTONIO ABAD DAYTONA BEACH, FLORIDA GALVESTON, TX NO. 1121 IBIZA, BALEARIC ISLANDS USA USA FRACC. PLAYA DIAMANTE SPAIN ACAPULCO, GRO SILVER BEACH VILLAGE SILVERLEAF'S TIMBER CREEK MEXICO SHAWNEE VILLAGE 1015 S. ATLANTIC AVE RESORT PO BOX 93 DAYTONA BEACH, FLORIDA 4800 US HWY 67 SEA GARDEN NUEVO VALLARTA SHAWNEE-ON-DELAWARE, PA USA DESOTO, MO AV.PASEO DE LAS MORAS S/N USA USA FRACC. NAUTICO TURISTICO SILVER LAKE RESORT NUEVO VALLARTA, NAY SHENANDOAH CROSSING RESORT 7751 BLACK LAKE ROAD SILVERLEAF'S VILLAGES MEXICO & CC KISSIMMEE, FLORIDA 18270 SINGING WOOD LANE 174 HORSESHOE CIRCLE USA FLINT, TX + SEA GARDENS BEACH AND TENNIS GORDONSVILLE, VA USA RESORT USA SILVER LAKE RESORT - 615 N OCEAN BLVD SILVER POINTS SILVERWOODS AT TREASURE LAKE POMPANO BEACH, FLORIDA SHERATON'S BROADWAY 7751 BLACK LAKE ROAD 687 TREASURE LAKE USA PLANTATION KISSIMMEE, FLORIDA DUBOIS, PA 3301 ROBERT GRISSOM PRKWY USA USA SEA MIST RESORT MYRTLE BEACH, SC 141 GREAT NECK ROAD SOUTH USA SILVER SANDS RESORT SIMENA VILLAS MASHPEE, MA CNR ADONIS RD & P.O. BOX 67 CAMYUVA USA SHERATON'S DESERT OASIS MANDURAH TERRACE KEMER 17700 NORTH HAYDEN ROAD MANDURAH, WA ANTALYA SEA PINES RESORT SCOTTSDALE, AZ AUSTRALIA TURKEY 32 GREENWOOD DRIVE USA HILTON HEAD ISLAND, SC SILVERADO II SINT MAARTEN SEA PALACE USA SHERATON'S MOUNTAIN VISTA 490 KINGS CROSSING ROAD 147 FRONT STREET PO BOX 3997 PO BOX 66 PHILIPSBURG SEA SCAPE BEACH & GOLF VILLAS 160 W. BEAVER CREEK BLVD WINTER PARK, CO SINT MAARTEN ROUTE 158 AVON, CO USA NETHERLANDS ANTILLES BY-PASS MP 2 USA PO BOX 1257 SILVERLEAF'S FOX RIVER RESORT SKY VALLEY RESORT KITTY HAWK, NC SHERATON'S PGA VACATION 2558 N 3653 RD 501 SKY VALLEY WAY USA RESORT SHERIDAN, IL DILLARD, GA 8702 CHAMPIONS WAY USA USA SEA TIME PORT ST. LUCIE, FLORIDA #6 - 135TH STREET USA SILVERLEAF'S HILL COUNTRY SKYLINE RANCH RESORT OCEAN CITY, MD RESORT 751 MOUNTAIN ROAD USA SHERATON'S VISTANA RESORT 17545 FM 306 FRONT ROYAL, VA 8800 VISTANA CENTRE DRIVE CANYON LAKE, TX USA SEASONS AT LAUGHARNE PARK PO BOX 22051 USA LAUGHARNE ORLANDO, FLORIDA SMUGGLERS' NOTCH RESORT CARMARTHENSHIRE USA SILVERLEAF'S HOLIDAY HILLS 4323 RT. 108 S. WALES 2380 E. HIGHWAY 76 SMUGGLERS' NOTCH, VT SHERATON'S VISTANA RST BRANSON, MO USA SEDONA PINES RESORT @ WORLD GOLF USA 6701 WEST HIGHWAY 89A 100 FRONT 9 DRIVE SNÄCK SEDONA, AZ ST AUGUSTINE, FLORIDA SILVERLEAF'S HOLLY LAKE RANCH SNÄCKGÄRDSVÄGEN USA USA ROUTE 1 BOX 977 621 41 VISBY BIG SANDY, TX SWEDEN SEDONA SPRINGS RESORT SHERATON'S VISTANA VILLAGES USA 55 NORTHVIEW ROAD 12401 INTERNATIONAL DRIVE SNOW LAKE LODGE PO BOX 2252 ORLANDO, FLORIDA SILVERLEAF'S LAKE O' THE WOODS 41579 BIG BEAR BLVD SEDONA, AZ USA 17446 PINTAIL DRIVE P O BOX 1146 USA FLINT, TX BIG BEAR LAKE, CA SHORE CREST VACATION VILLAS I USA USA 4709 S. OCEAN BOULEVARD NORTH MYRTLE BEACH, SC USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 119 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 120

Resorts With 51 or More Units SOL MAR BEACH CLUB RESORT ST JAMES PLACE STONERIDGE RESORT SUN CLUB VILLAS PLAZA VALLARTA AV SOLMAR NO. 1 210 OFFERSON ROAD 250 CHATWOLD KM 2.5 CARRETERA AL CABO SAN LUCAS, BCS BEAVER CREEK, CO BLANCHARD, ID AEROPUERTO ZONA HOTELERA MEXICO USA USA LAS GLORIAS PUERTO VALLARTA, JAL SOLANAS FOREST RESORT ST MICHAELS SANDS STONERIDGE TOWNHOMES MEXICO RUTA INTERBALNEARIA 1 MARINE DRIVE PEPPERMILL CIRCLE KM. 118.5 P O BOX 45 PO BOX 3938 SUN CLUB&PZA.GLORIAS CABO PUNTA DEL ESTE, MALD ST MICHAELS ON SEA SUNRIVER, OR SAN LUCAS URUGUAY SOUTH AFRICA USA AV DE LA MARINA S/N CABO SAN LUCAS, BCS SOLANAS ROYALMAR STARDUST-TAHOE STRAND PAVILION MEXICO RUTA INTERBALNEARIA 4061 LAKE TAHOE BLVD PO BOX 684 KM. 118.5 SOUTH LAKE TAHOE, CA BEACH ROAD SUN CLUB/CONTINENTAL PZA. PUNTA DEL ESTE, MALD USA STRAND VERACRUZ URUGUAY SOUTH AFRICA BLVD.A.RUIZ CORTINES 3495 STEAMBOAT GRAND RESORT HOTEL BOCA DEL RIO, VER SOLAR DA BARRA HOTEL 2300 MOUNT WERNER CIRCLE SUDWALA LODGE MEXICO RUA PLINIO KROEFF 465 STEAMBOAT SPRINGS, CO P O BOX 30 TORRES, RS USA SCHAGEN SUN CLUB/PZA.LAS GLORIAS BRAZIL SOUTH AFRICA MANZANILLO STERLING DAYS INN DARJEELING AV DEL TESORO S/N + SOLARE RESORT VALLARTA PLOT# 183,184,185,542&569 SUMMER BAY RESORT PENINSULA DE SANTIAGO SUNSET BAY GHOOM MONASTERY RD 17805 U.S. HIGHWAY 192 MANZANILLO, COL CLUB DE GOLF FLAMINGOS P.O GHOOM, JORE BUNGALOW KISSIMMEE, FLORIDA MEXICO NAYARTA DARJEELING DIST. USA CARR TEPIC KM 144 INDIA SUN CLUB/PZA.LAS GLORIAS NUEVO VALLARTA, NAY SUMMIT RESORT HOTEL P.PENASCO MEXICO STERLING DAYS INN ELK HILL PO BOX 4046 PASEO LAS GLORIAS NO.1A POST BOX 25 42 JORDAN ROAD ANTIGUA EXPLANADA SONDELA NATURE RESERVE RAMAKRISHNA PURAM MUTT CUPECOY PUERTO PENASCO, SON FARM TWEEFONTEIN ELK HILL,RAMAKRISHNAPURAM SINT MAARTEN MEXICO (PO BOX 22) OOTY NETHERLANDS ANTILLES BELA BELA INDIA SUN CLUB/PZA.LAS GLORIAS SOUTH AFRICA SUN BEACH HOLIDAY CLUB SN CARLOS STERLING DAYS INN FERNHILL IALYSSOS BEACH GABRIEL ESTRADA SN SOUTH BEACH I RESORT P.0 BOX:73, P.O BOX 272 SECTOR LA HERRADURA ROCKLEY BEACH KUNDHA HOUSE ROAD RHODES SAN CARLOS NUEVO GUAYMAS, SON CHRIST CHURCH FERNHILL GREECE MEXICO BARBADOS OOTY, TAMIL NADU INDIA SUN CITY VACATION CLUB SUN CLUB/SIERRA MANZANILLO SOUTHCAPE RESORT AND CLUB PO BOX 1 AV DE LA AUDIENCIA 1 950 FALMOUTH ROAD STERLING DAYS INN LAKE VIEW NORTH WEST PROVINCE PENINSULA DE SANTIAGO MASHPEE, MA P.O BOX NO. 44 SOUTH AFRICA MANZANILLO, COL USA GYMKHANNA ROAD MEXICO KODAIKANAL SUN CLUB &PLAZA LAS GLORIAS SPA PALACE INDIA MIRADOR SUN MEMBERS HIRUGANO CARR.CANCUN TULUM KM 72 EL MIRADOR ACAPULCO 4670-361 HIRUGANO LOTE 3 RANCHO EL TREBOL STERLING DAYS INN MUNNAR AV LA QUEBRADA NO 74 NISHIHORA TAKASU-MURA PUERTO AVENTURAS, QROO CHINNAKANAL VILLAGE ACAPULCO, GRO GUJO-GUN MEXICO (VIA)SURIANELLI POST MEXICO GIFU-KEN 501-5301 MUNNAR - IDDUKI DIST. JAPAN SPORTING HOTEL PALUMBALZA KERALA SUN CLUB / CONTL. PZA. CANCUN LOC. GOLFO DI MARINELLA INDIA BLVD.KUKULCAN KM 11 SUN MEMBERS KYOTO SAGA 07020 PORTO ROTONDO, (SS) CANCUN, QROO 27-1 SAGA-HIROSAWA ITALY STERLING DAYS INN MUSSOORIE MEXICO MINAMINO-CHO RADHA BHAVAN ESTATE UKYO-KU KYOTO-SHI SPORTING HOTEL TANCA MANNA CIRCULAR ROAD SUN CLUB PZA. LAS GLORIAS KYOTO-FU 616-8304 CANNIGIONE MUSSOORIE COZUMEL JAPAN 07021 ARZACHENA, (SS) INDIA AV RAFAEL E MELGAR KM 1.5 ITALY COZUMEL, QROO SUN MEMBERS OSAKA UMEDA STERLING DAYS INN VALLEY VIEW MEXICO PLAZA UMESHIN 15-18 SPORTING HOTEL VILLA BLU P.O BOX-75, PALLANGI ROAD NISHI TENMA 4-CHOME LOCALITA' VEROCAI 73 ATTUVAMPATTI, SUN CLUB SIERRA KITA-KU 32043 CORTINA D'AMPEZZO, (BL) KODAIKANAL NUEVO VALLARTA OSAKA 530-0047 ITALY INDIA PASEO DE LOS COCOTEROS 19 JAPAN VILLA 8 SQUAW VALLEY LODGE STERLING DAYS INN YERCAUD NUEVO VALLARTA, NAY SUN MEMBERS TOKYO SHINJUKU 201 SQUAW PEAK ROAD STERLING YERCAUD MEXICO 3-5-13 PO BOX 2364 PB NO.11 LADY'S SEAT NISHI SHINJUKU OLYMPIC VALLEY, CA SALEM DISTRICT SHINJUKU-KU USA YERCAUD TOKYO 160-0023 INDIA JAPAN

120 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 121

Resorts With 51 or More Units SUN RESORPIA ATAMI SUNTERRA BENT CREEK GOLF * SUNTERRA TORRES MAZATLAN SVC @ PANIOLO GREENS 13-93 VILLAGE CALZ CAMARON SABALO 68-1745 WAIKOLOA RD HIGASHI KAIGAN-CHO 3919 EAST PARKWAY CERRITOS E LOPEZ PORTILLO PO BOX 384382 ATAMI-SHI GATLINBURG, TN APDO POSTAL 790 WAIKOLOA, HAWAII, HAWAII SHIZUOKA-KEN 413-0012 USA MAZATLAN, SIN USA JAPAN MEXICO SUNTERRA FLAMINGO BEACH SVC @ PEACOCK SUITES RESORT SUNBAY RESORT BILLY FOLLY ROAD * SUNTERRA VALLARTA TORRE 1745 SOUTH ANAHEIM BLVD 4810 CENTRAL AVE PELICAN KEY PASEO DE LAS GARZAS ANAHEIM, CA HOT SPRINGS, AR SINT MAARTEN APDO POSTAL 628 USA USA NETHERLANDS ANTILLES PUERTO VALLARTA, JAL MEXICO SVC @ THE DONATELLO SUNNINGDALE VILLAGE SUNTERRA GREENSPRINGS 501 POST STREET @ CLUB LA COSTA PLANTATION SUNTERRA VILLAS DE SANTA FE SAN FRANCISCO, CA GOLF DEL SUR 3500 LUDWELL PARKWAY 400 GRIFFIN STREET USA SAN MIGUEL DE ABONA WILLIAMSBURG, VA SANTA FE, NM TENERIFE USA USA SVC @ THE KONA COAST RESORT CANARY ISLANDS, SPAIN 78-6842 ALII DR SUNTERRA PLANTATION SUNTIDE BANANA BEACH CLUB KAILUA-KONA, HAWAII, HAWAII SUNNY COAST RESORT CLUB AT FALL CREEK P O BOX 188 USA QAWRA BAY 1A FALL CREEK DRIVE ANERLEY QAWRA BRANSON, MO SOUTH AFRICA SVC @ THE KONA COAST RESORT II MALTA USA 78-6842 ALII DR SUNTIDE HOTEL AND CABANAS KAILUA-KONA, HAWAII, HAWAII SUNRAYSIA RESORT SUNTERRA POLYNESIAN ISLES PO BOX 27 USA 300 TENTH STREET 3045 POLYNESIAN ISLE BLVD MARGATE MILDURA, VIC KISSIMMEE, FLORIDA SOUTH AFRICA SVC @ THE LEGACY GOLF RESORT AUSTRALIA USA 6808 SOUTH 32ND STREET SUNTIDE ILLOVO SANDS PHOENIX, AZ SUNRISE COVE AT VILLAGE WEST SUNTERRA POWHATAN P O BOX 188 USA 20785 170TH STREET PLANTATION ANERLEY HIGHWAY 86 3601 IRONBOUND ROAD SOUTH AFRICA SWEETWATER PO BOX OR WILLIAMSBURG, VA AT PARK CITY LIFT LODGE SPIRIT LAKE, IA USA SUNTIDE ISLAND BEACH CLUB 1255 EMPIRE AVE USA 850 BEN FRANKLIN DRIVE PARK CITY, UT SUNTERRA RESORTS GRAND SARASOTA, FLORIDA USA SUNRISE HOLIDAY MANSION BEACH USA ROYALE TAGAYTAY ESTATE 8317 LAKE BRYAN BEACH BVD TAHOE BEACH & SKI CLUB ALFONSO, CAVITE ORLANDO, FLORIDA SUPERIOR SHORES 3601 LAKE TAHOE BLVD TAGAYTAY USA 1521 SUPERIOR SHORES DR (HWY 50) PHILIPPINES TWO HARBORS, MN SOUTH LAKE TAHOE, CA SUNTERRA ROYAL PALM BEACH USA USA SUNRISE RIDGE RESORT 115 AIRPORT ROAD 2301 RIDGE ROAD SIMPSOM BAY SURFCREST CONDOMINIUMS TAHOE SANDS RESORT PIGEON FORGE, TN SINT MAARTEN PO BOX 445 6610 N LAKE BLVD USA NETHERLANDS ANTILLES COPALIS BEACH, WA PO BOX 109 USA TAHOE VISTA, CA SUNSET BAY AT TORVISCAS SUNTERRA SCOTTSDALE VILLA USA CALLE NAVARRO NO.1 MIRAGE SURREY VACATION RESORT COSTA ADEJE 7887 E PRINCESS BLVD 430 C HIGHWAY 165 SOUTH TAHOE SEASONS RESORT ADEJE SCOTTSDALE, AZ BRANSON, MO 3901 SADDLE ROAD TENERIFE USA USA PO BOX 16300 CANARY ISLANDS, SPAIN SOUTH LAKE TAHOE, CA SUNTERRA SEDONA SUMMIT SURREY VACATION RST / USA SUNSET BEACH CLUB 500 NAVOTI DRIVE CARRIAGE PLACE AVDA DEL SOL, 5. SEDONA, AZ 430C HIGHWAY 165 S TAMARACK BEACH RESORT 29630 BENALMÁDENA-COSTA USA BRANSON, MO 3200 CARLSBAD BLVD MÁLAGA USA CARLSBAD, CA SPAIN * SUNTERRA THE PINES AT SUNRIVER USA MEADOW ROAD SVC @ HOLUA RESORT SUNSET HARBOUR CLUB PO BOX 4235 AT MAUNA LOA VLG TANGLWOOD RESORT CALLE VALENCIA NO.3 SUNRIVER, OR 78-7190 KALEIOPAPA STREET ROUTES 6 AND 507 COSTA ADEJE USA KAILUA-KONA, HAWAII PO BOX L ADEJE USA HAWLEY, PA TENERIFE SUNTERRA THE RIDGE ON SEDONA USA CANARY ISLANDS, SPAIN GOLF SVC @ KAUAI COAST RSRT 55 SUN RIDGE CIRCLE @ BEACHBOY TELEMARK SUNSET LAGOON HOTEL & MARINA SEDONA, AZ 520 ALEKA LOOP 42225 TELEMARK ROAD BLVD.KUKULKAN KM.5.8 USA KAPAA, KAUAI, HAWAII PO BOX 609 ZONA HOTELERA USA CABLE, WI CANCUN, QROO USA MEXICO

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 121 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 122

Resorts With 51 or More Units TENBURY THE COCONUT PALMS RESORT THE HIGHLANDS AT SUGAR THE MOUNTAIN CLUB ON LOON 30 ESKRINE TERRACE VISTA DEL CARIBE 2173 SUGAR MOUNTAIN DRIVE RR 1 BOX 40 SOUTH BEACH SOSUA BANNER ELK, NC LINCOLN, NH DURBAN DOMINICAN REPUBLIC USA USA SOUTH AFRICA THE COVE AT YARMOUTH THE HOLIDAY CLUB AT CLUB THE MOUNTAINSIDE THE ALEXANDRA RESORT AND SPA 183 MAIN STREET SEVILLA AT SILVERCREEK GRACE BAY WEST YARMOUTH, MA 4646 W. IRLO BRONSON 96 MOUNTAINSIDE DRIVE PROVIDENCIALES USA MEMORIAL HIGHWAY BOX 4104 PROVIDENCIALES KISSIMMEE, FLORIDA SILVERCREEK, CO TURKS AND CAICOS ISLANDS THE CUMBERLAND LORNE USA USA 144 MOUNTJOY PARADE THE ALLEN HOUSE CLUB LORNE, VIC THE INN AT MAZATLAN THE OCEAN CLUB ON SMUGGLER'S 8 ALLEN STREET AUSTRALIA AV. CAMARON SABALO 6291 BEACH KENSINGTON MAZATLAN, SIN 329 SOUTH SHORE DRIVE LONDON THE ESTORIL EDEN MEXICO SOUTH YARMOUTH, MA ENGLAND AVENIDA DE SABOIA 209 USA MONTE ESTORIL THE JOCKEY CLUB THE ATRIUM RST ON SIMPSON BAY 2769-502 ESTORIL 3700 LAS VEGAS BLVD S. THE OSTHOFF RESORT BEACH PORTUGAL LAS VEGAS, NV 101 OSTHOFF AVE PO BOX 1115 USA ELKHART LAKE, WI SIMPSON BAY + THE FAIRWAYS OF PALM AIRE USA SINT MAARTEN 2601 PALM AIRE DR N THE KONA COAST RESORT NETHERLANDS ANTILLES POMPANO BEACH, FLORIDA 78-6842 ALII DR THE PALACE USA KAILUA-KONA, HAWAII, HAWAII 211 MARINE PARADE THE BAY CLUB USA P O BOX 10539 AT WAIKOLOA BEACH RST THE FALLS VILLAGE RESORT DURBAN 69-450 WAIKOLOA BEACH DR 200 CREEKSIDE ROAD THE LANDING AT EGG HARBOR SOUTH AFRICA WAIKOLOA, HAWAII BRANSON, MO HIGHWAY 42 USA USA 7741 EGG HARBOR ROAD THE PALMS GOLF AND COUNTRY EGG HARBOR, WI CLUB THE BETHEL INN & COUNTRY THE FOUR SAILS USA PARCELA B1 CLUB 3301 ATLANTIC AVE GOLF DEL SUR P. O. BOX 49 VIRGINIA BEACH, VA THE LANDING AT SEVEN COVES SAN MIGUEL DE ABONA BROAD STREET USA 7031 KINGSTON COVE LANE TENERIFE BETHEL, ME WILLIS, TX CANARY ISLANDS, SPAIN USA THE GALLEON RESORT USA 617 FRONT STREET THE PARADISE CLUB THE CARRIAGE HOUSE KEY WEST, FLORIDA THE LEGACY GOLF RESORT CALLE GALICIA NO 6 105 E HARMON AVE USA 6808 SOUTH 32ND STREET TORVISCAS ALTO LAS VEGAS, NV PHOENIX, AZ ADEJE USA THE GRAND BAJA CLUB USA TENERIFE KM 44.5 CARR. TIJUANA- CANARY ISLANDS, SPAIN THE CHARTER CLUB ENSENADA. THE LINKS GOLF & RACQUET CLUB OF MARCO BEACH PUERTO NUEVO 917 THOMAS AVE THE PARADISE MONTEREY CLUB 700 S. COLLIER BLVD. ROSARITO, BCN NINTH AVENUE SOUTH CALLE FINLANDIA MARCO ISLAND, FLORIDA MEXICO NORTH MYRTLE BEACH, SC SAN EUGENIO ALTO USA USA ADEJE THE GRANGEFIELD OASIS CLUB TENERIFE THE CHRISTIE LODGE URB. RIVIERA DEL SOL THE LODGE AT KANANASKIS CANARY ISLANDS, SPAIN 0047 E BEAVER CREEK BLVD C/ TOPACIO S/N VILLAGE AT RIBBON CREEK AVON, CO 29649 MIJAS-COSTA KANANASKIS, AB + THE PARK REGENCY USA MÁLAGA CANADA 1710 PROSPECTOR AVE SPAIN PARK CITY, UT THE CLIFF CLUB AT SNOWBIRD THE MADEIRA REGENCY PALACE USA THE CLIFF LODGE THE HARBOR CLUB ESTRADA MONUMENTAL PO BOX 929000 AT PALM COAST 9000-250 FUNCHAL, MADEIRA THE PENINSULA SNOWBIRD, UT 201 CLUBHOUSE DRIVE PORTUGAL 313 BEACH ROAD USA PALM COAST, FLORIDA PO BOX 17188, REGENT RD. USA THE MANHATTAN CLUB SEA POINT THE CLIFFS AT PEACE CANYON 200 W 56TH ST CAPE TOWN 4550 S GRAND CANYON DRIVE THE HARBORSIDE INN NEW YORK, NY SOUTH AFRICA LAS VEGAS, NV 3 S WATER STREET USA USA PO BOX 67 THE PINES EDGARTOWN, MA THE MAVERICK PO BOX 76 THE CLIFFS CLUB USA 485 S ATLANTIC AVE BASYE, VA 3811 EDWARD ROAD ORMOND BEACH, FLORIDA USA P.O.BOX 223419 THE HARBOUR CLUB USA PRINCEVILLE, KAUAI, HAWAII AV.JOSE GONZALEZ FORTE,26 USA LOS GIGANTES THE MOORINGS TENERIFE GEORGE BASS DRIVE CANARY ISLANDS, SPAIN TOMAKIN, NSW AUSTRALIA

122 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 123

Resorts With 51 or More Units THE PINES AT MEADOW RIDGE + THE ST. GEORGE'S CLUB THE WELLINGTON TOSHALI SANDS WINTER PARK RANCH ROSE HILL 551 THAMES STREET PURI-KONARK MARINE DRIVE AT EAST MEADOW MILE PO BOX GE 92 NEWPORT, RI PO: BALIGUALI PO BOX 3133 ST GEORGE, GE BX USA PURI WINTER PARK, CO BERMUDA INDIA USA THE YACHTSMAN THE SUMMIT 1304 N OCEAN BLVD TREE TOPS RESORT + THE PLAZA RESORT AND SPA 8743 THOMAS DRIVE PO BOX 1469 290 SHERMAN CLABO ROAD 2601 GOLF CLUB DRIVE PANAMA CITY BEACH, FLORIDA MYRTLE BEACH, SC GATLINBURG, TN PALM SPRINGS, CA USA USA USA USA THE SUMMIT AT GORE MOUNTAIN THURNHAM HALL TROPIC SHORES THE POINTE WATERFRONT RESORT 8 FREEBERN ROAD THURNHAM 3111 S. ATLANTIC AVE 8269 SOUTH HWY 51 PO BOX 20 LANCASTER DAYTONA BEACH SHORES, FLORIDA PO BOX 880 NORTH CREEK, NY ENGLAND USA MINOCQUA, WI USA USA TIERRA VERDE YACHT & TENNIS TROPIC SUN TOWERS PHASE I & II THE SUMMIT AT MASSANUTTEN RESORT 591 S ATLANTIC AVE THE PONO KAI ROUTE 644 200 MADONNA BOULEVARD ORMOND BEACH, FLORIDA 4-1250 KUHIO HIGHWAY MCGAHEYSVILLE, VA TIERRA VERDE, FLORIDA USA KAPAA, KAUAI, HAWAII USA USA USA TROPICANA HOTEL THE TOWERS AT MULLET BAY TIKI VILLAGE INTERNATIONAL 85 MARINE DRIVE THE QUARTER HOUSE MULLET BAY RESORT CNR FERNY AND CAVILL DURBAN 129 CHARTRES ST SIMPSON BAY LAGOON AVENUE SOUTH AFRICA NEW ORLEANS, LA SINT MAARTEN SURFERS PARADISE, QLD USA NETHERLANDS ANTILLES AUSTRALIA TURTEL SIDE HOLIDAY VILLAGE SIDE THE REEF OCEAN RESORT THE VICTORIAN TIMBERS @ CHRISTMAS MT VILLAG ANTALYA 3450 OCEAN DRIVE 6300 SEAWALL BLVD HWY H TURKEY VERO BEACH, FLORIDA GALVESTON, TX S944 CHRISTMAS MT RD USA USA WISCONSIN DELLS, WI U.V.C. AT VILLA DEL MAR USA KM 3 THE REGENCY CLUB TENERIFE THE VILLAGE AT BRECKENRIDGE CARRETERA AL AEROPUERTO C/ CATALU#A, 2 535 S PARK TIMESHARING 3C PUERTO VALLARTA, JAL URB. TORVISCAS ALTO PO BOX 8329 VIA ALDO MORO 4 MEXICO ADEJE BRECKENRIDGE, CO 70043 MONOPOLI, (BA) TENERIFE USA ITALY U.V.C. AT VILLA DEL PALMAR CANARY ISLANDS, SPAIN KM 3 THE VILLAGE AT PALMETTO DUNES TLC ITO POWELL CARRETERA AL AEROPUERTO THE RESORT AT SPLIT ROCK 10 TRENT JONES LN 4-2-15 YUKAWA PUERTO VALLARTA, JAL WESTWOOD VILLAS HILTON HEAD ISLAND, SC ITO-SHI MEXICO AND GALLERIA USA SHIZUOKA-KEN 414-0002 LAKE HARMONY, PA JAPAN UBIN LAGOON RESORT USA THE VILLAGE GREEN AT STOWE 100 PULAU UBIN 1003 CAPE COD ROAD TOP RESIDENCE KURZ SINGAPORE THE RESORT ON COCOA BEACH STOWE, VT LOCALITA' MASO CORTO SINGAPORE 1600 N. ATLANTIC AVENUE USA 39020 VAL SENALES, (BZ) COCOA BEACH, FLORIDA ITALY UMHLANGA CABANAS USA THE VILLAGE INN 91 LAGOON DRIVE AT PORTO CARRAS TORRE INSERRAGLIO - I TRAMONTI P O BOX 489 THE RIDGE TAHOE SITHONIA PENINSULA LOC. MARINA DI NARDO' UMHLANGA ROCKS 400 RIDGE CLUB DRIVE HALKIDIKI CONTRADA SCIOGLI SOUTH AFRICA PO BOX 5790 GREECE P.O. BOX 80 STATELINE, NV 73048 NARDO', (LE) UMHLANGA SANDS HOTEL USA THE VILLAS AT FAIRWAY ITALY 44 LAGOON DRIVE ROUTE 209 P O BOX 223 THE RITZ BEACH RESORT BUSHKILL, PA TORRENT BAY CLUB UMHLANGA ROCKS JOLLY RODGER DRIVE USA URB. SES BLEDAS SOUTH AFRICA FREEPORT C/ VALENCIA 4 GRAND BAHAMA ISLAND THE VILLAS AT TREE TOPS 07820 SAN ANTONIO ABAD UNIVERSAL RESORT KISSIMMEE BAHAMAS ROUTE 209 IBIZA, BALEARIC ISLANDS 1004 UNIVERSAL RESORTS BUSHKILL, PA SPAIN KISSIMMEE, FLORIDA THE ROCKIES CONDOMINIUMS USA USA 1945 CORNICE ROAD TORTUGA BEACH CLUB PO BOX 881120 THE VILLAS OF HICKORY HILL 959 E GULF DRIVE VACATION CLUB STEAMBOAT SPRINGS, CO 7900 MARTIN BLUFF ROAD SANIBEL ISLAND, FLORIDA VACATION PROP NETWORK USA GAUTIER, MS USA 5820 SHANTY CREEK RD USA BELLAIRE, MI USA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 123 RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 124

Resorts With 51 or More Units VACATION CLUB AT BAHAMIA VIGILIA PARK VILLAGGIO AFRICAN BEACH VIVA MAYA WEST SUNRISE HIGHWAY CRTA PUERTO SANTIAGO, 58 SS 159 KM 10,805 XA MAN HA LOTE HOTELERO 5 PO BOX F-40684 PUERTO DE SANTIAGO LOC. IPPOCAMPO FRACC. PLAYACAR FREEPORT, GRAND BAHAMA SANTIAGO DEL TEIDE 71043 MANFREDONIA, (FG) PLAYA DEL CARMEN, QROO BAHAMAS TENERIFE ITALY MEXICO CANARY ISLANDS, SPAIN VACATION VILLAGE VILLAGGIO L'OLIVARA VIVA VALLARTA AT BONAVENTURE VILA MAGNA BELLAVISTA AVENIDA LOCALITA' GASPONI COSTA BANDERAS KM.11.5 16461 RACQUET CLUB ROAD AVENIDA DO ESTADIO 88030 TROPEA, (VV) CARR.PUNTA DE MITA WESTON, FLORIDA APARTADO 2101 ITALY BAHIA DE BANDERAS, NAY USA 8200-916 ALBUFEIRA MEXICO PORTUGAL VILLAGGIO TURISTICO PLONER VACATION VILLAGE AT PARKWAY LOCALITA' CARBONIN 1 VOYAGER 3013 PARKWAY BOULEVARD VILA MAGNA-ALBUFEIRA JARDIM 39034 DOBBIACO, (BZ) CORNER ELIZABETH AVE KISSIMMEE, FLORIDA CERRO DA PIEDADE ITALY & OLD BURLEIGH RD USA APARTADO 2101 BROADBEACH, QLD 8200-916 ALBUFEIRA VILLAS AT FORTUNE PLACE AUSTRALIA VACATION VILLAGE AT WESTON PORTUGAL 1201 SIMPSON ROAD 16461 RACQUET CLUB ROAD KISSIMMEE, FLORIDA WALTON HALL WESTON, FLORIDA VILLA ANTIGUA USA WALTON USA 9A CALLE PONIENTE WELLESBOURNE APARTADO POSTAL 286 VILLAS DE PAMPATAR WARWICKSHIRE VACATION VILLAGE ANTIGUA GUATEMALA CALLE EL CATEO ENGLAND IN THE BERKSHIRES GUATEMALA URBANIZACION EL PARAISO 276 BRODY MOUNTAIN RD. PAMPATAR WAPATO POINT HANCOCK, MA VILLA DEL PALMAR ISLA DE MARGARITA, NESP 1 WAPATO WAY USA CABO SAN LUCAS VENEZUELA P O BOX 426 CAMINO VIEJO A SAN JOSE MANSON, WA VACATION VILLAS CABO SAN LUCAS, BCS VILLAS ON THE GREENS USA 3795 VACATION VILLAS LANE MEXICO AT WELK RESORT TITUSVILLE, FLORIDA 8860 LAWRENCE WELK DRIVE WATERBERRY HILL USA VILLA EL GRIEGO RESORT ESCONDIDO, CA P O BOX 242 CALLE PICA QUINTA USA KIEPERSOL VAIL RUN RESORT CONJUNTO VILLA EL GRIEGO SOUTH AFRICA 1000 LIONSRIDGE LOOP JUAN GRIEGO VILLEA VILLAGE VAIL, CO ISLA DE MARGARITA, NESP ANALIPSI +WATERFRONT VILLAS USA VENEZUELA MAKRI GYALOU AT THE LANDING IERAPETRA 890 S.E. BAY BLVD. VAU'HOTEL VILLA KITAKARUIZAWA L WING CRETE NEWPORT, OR ENCOSTA DO VAU 1924-172 OHYAHARA GREECE USA 8500-820 PORTIMAO KITAKARUIZAWA NAGANOHARA- PORTUGAL MACHI AGATSUMA-GUN VIRGIN GRAND VILLAS WATER'S EDGE INN & RESORT GUNMA-KEN 377-1412 PO BOX 8339 1525 BOSTON POST RD VERA BEACH CLUB JAPAN CRUZ BAY WESTBROOK, CT AVDA.JUAN S.EL CANO S/N ST JOHN, VI USA URB.PUEBLO LAGUNA VILLA MARITIME USA 04620 VERA HAMNGATAN WATERSIDE BY SPINNAKER ALMERÍA 440 30 MARSTRAND + VISTA MIRAGE RESORT 45 WATERSIDE DRIVE SPAIN SWEDEN 400 S HERMOSA DRIVE PO BOX 6685 PALM SPRINGS, CA HILTON HEAD, SC VICTOR VILLAGE RESIDENCE CLUB VILLA VARADERO USA USA LOC. FONTANELLE RETORNO NAYARIT L83,84 73059 MARINA DI UGENTO, (LE) MXIII VISTANA'S BEACH CLUB WENT AWAJI HIGASHIKAIGAN ITALY VILLA 5 10740 S OCEAN AVE 1990-1 HEIAN-URA NUEVO VALLARTA, NAY JENSEN BEACH, FLORIDA AIGA-CHO VICTORS HUALIEN LI-YU TAN MEXICO USA SUMOTO-SHI RESORT HYOGO-KEN 656-2121 NO 24 LING YUAN ROAD VILLAGE OF LOON MOUNTAIN VIVA DOMINICUS BEACH JAPAN CH-IH NAN VILLAGE LODGES LA ROMANA SHON FENG SHIANG ROUTE 112 BAYAHIBE WESTGATE SOUTH BEACH HUALIEN COUNTY PO BOX 639 DOMINICAN REPUBLIC 3611 COLLINS AVE TAIWAN LINCOLN, NH MIAMI, FLORIDA USA VIVA DOMINICUS PALACE USA *VICTORS SHIH-MEN DAM RESORT BAYAHIBE HOTEL VILLAGE SQUARE LA ROMANA WESTGATE VACATION VILLAS 2ND WHAN HOU ROAD AT COPPER MTN RESORT DOMINICAN REPUBLIC 2770 OLD LAKE WILSON ROAD SHIH-MEN DAM 207 10 MILE CIRCLE STATE ROAD 545 S. DAH SHI COUNTRY PO BOX 3001 VIVA FORTUNA KISSIMMEE, FLORIDA TAOYUAN COUNTY COPPER MOUNTAIN, CO PO BOX F-42398 USA TAIWAN USA FREEPORT GRAND BAHAMA ISLAND BAHAMAS

124 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort RCI Weeks/Pts +/* by Units.2003 6/23/03 10:45 PM Page 125

Resorts With 51 or More Units WESTIN VACATION CLUB - ST JOHN +WORLDMARK AT DEPOE BAY +WORLDMARK RENO XIV (EKSIV) TOBA PO BOX 8339 939 NW HIGHWAY 101 250 N ARLINGTON AVE 212-1 NIE ARASHIMA-CHO CRUZ BAY DEPOE BAY, OR RENO, NV TOBA-SHI MIE-KEN 517-0021 ST JOHN, VI USA USA JAPAN USA +WORLDMARK +WORLDMARK RUNNING Y XIV (EKSIV) TOBA ANNEX WESTWIND II CLUB AT LAKE OF THE OZARKS BOX 57 169-2 FUTAJI CABLE BEACH 4900 WORLDMARK DRIVE 5550 RUNNING Y ROAD ARASHIMA-CHO P.O. BOX CB-11006 OSAGE BEACH, MO KLAMATH FALLS, OR TOBA-SHI MIE-KEN 517-0021 NEW PROVIDENCE ISLAND USA USA JAPAN BAHAMAS +WORLDMARK BIG BEAR +WORLDMARK ST. GEORGE XIV (EKSIV) YAMANAKAKO WHITE BIRCH 240 STARVATION FLATS 1157 S. PLANTATION DRIVE 562-12 YANAGIHARA HIRANO 9252 BREEZY POINT DRIVE BIG BEAR, CA ST. GEORGE, UT YAMANAKAKO-MURA BREEZY POINT, MN USA USA MINAMI-TSURU-GUN USA YAMANASHI-KEN 410-0502 +WORLDMARK BIRCH BAY +WORLDMARK VISTOSO JAPAN WILD COAST SUN 4810 BEACHCOMBER WAY 13355 HIDDEN SPRINGS DR MAIN BIZANA ROAD BLAINE, WA ORO VALLEY, AZ XPU-HA PALACE MZAMBA BEACH USA USA CARR. CHETUMAL-PTO.JUAREZ P.O. BOX 23, KM.265 PORT EDWARD. EASTERN CAPE +WORLDMARK BRANSON +WORLDMARK RANCHO SANTA ROSA SOUTH AFRICA 2794 FALL CREEK ROAD WOLF CREEK VILLAGE PUERTO AVENTURAS, QROO BRANSON, MO 3618 N. WOLFCREEK DR. MEXICO WILLOW VALLEY RESORT USA EDEN, UT HWY 105 S USA YATSUGATAKE KOGEN IZUMIGO BAIRDS CREEK RD +WORLDMARK CLEAR LAKE 8741 NAMIKIUE,YATO BOX 1782 3927 E. HWY 20 WYCHNOR PARK COUNTRY CLUB OIZUMI-MURA BOONE, NC NICE, CA WYCHNOR PARK KITAKOMA-GUN USA USA NR BARTON-UNDER-NEEDWOOD YAMANASHI-KEN 409-1502 STAFFORDSHIRE JAPAN WINDJAMMER LANDING VILLA +WORLDMARK CORAL BAJA ENGLAND BEACH RST KM 29.5 CARRETERA YUGAFUIN BISE LABRELOTTE BAY TRANSPENINSULAR XIV (EKSIV) AWAJISHIMA 1147-1 BISE MOTOBU-CHO PO BOX 1504 SAN JOSE DEL CABO, BCS 1275-3 ORODANI-KOMOE KUNIGAMI-GUN CASTRIES MEXICO SUMOTO-SHI OKINAWA-KEN 905-0207 SAINT LUCIA HYOGO-KEN 656-0023 JAPAN +WORLDMARK EAGLE CREST JAPAN WINDTOWER MOUNTAIN LODGE 1522 CLINES FALL RD. ZAHABIA RESORT 160 KANANASKIS WAY REDMOND, OR XIV (EKSIV) IZU HURGHADA CANMORE, AB USA 1317-5243 SAKIBARA HURGHADA CANADA TOMIDO, ITO-SHI RED SEA +WORLDMARK FIJI SHIZUOKA-KEN 413-0231 EGYPT WINDWARD PASSAGE RESORT DENARAU ISLAND JAPAN 418 ESTERO BLVD NAREWA ROAD FORT MYERS BEACH, FLORIDA NADI XIV (EKSIV) KARUIZAWA USA FIJI ISLANDS 23-1 HIGASHI-KAJIKAZAWA OIWAKE, KARUIZAWA-MACHI WINNERS CIRCLE BEACH & TENNIS +WORLDMARK GLENEDEN BEACH KITA-SAKU-GUN RST 6593 GLENEDEN BEACH LOOP NAGANO-KEN 389-0115 550 VIA DE LA VALLE GLENEDEN BEACH, OR JAPAN SOLANA BEACH, CA USA USA XIV (EKSIV) SHIRAHAMA +WORLDMARK KONA 1670-76 NISHIYAMA,SAINO WOLF RUN MANOR 75-5949 ALII DRIVE SHIRAHAMA-CHO AT TREASURE LAKE KAILUA-KONA, HAWAII NISHIMURO-GUN 687 TREASURE LAKE USA WAKAYAMA-KEN 649-2334 DUBOIS, PA JAPAN USA +WORLDMARK PALM SPRINGS 1177 N PALM CANYON DR XIV (EKSIV) SHIRAHAMA ANNEX WOODFORD BRIDGE COUNTRY PALM SPRINGS, CA 1670-84 NISHIYAMA SAINO CLUB USA SHIRAHAMA-CHO WOODFORD BRIDGE NISHIMURO-GUN MILTON DAMEREL +WORLDMARK PARK VILLAGE WAKAYAMA-KEN 649-2334 NR. HOLSWORTHY 100 ENCHANTMENT WAY BLVD JAPAN DEVON LEAVENWORTH, WA ENGLAND USA XIV (EKSIV) TATESHINA 4035 KITAYAMA TATESHINA WOODSTONE AT MASSANUTTEN +WORLDMARK PINETOP KOGEN, CHINO-SHI ROUTE 644 2000 SOUTH WORLDMARK DR NAGANO-KEN 391-0301 MCGAHEYSVILLE, VA PINETOP, AZ JAPAN USA USA

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126 Resorts With 1 - 100 Members BEAVER FOREST CONDOMINIUM CHATEAU DE MAULMONT CORONA DEL MAR Resorts With Members * BEAVER RUN RESORT * CHATEAU ROUGE LODGE COST PLUS RESORTS BELLA VISTA CHERATING HOLIDAY VILLA COSTA SAN ANTONIO Numbering 1 - 100 BELLA VISTA GOLF & YACHT CLUB CHOICES HOLIDAY CLUB - SILVER COUNTRY CLUB VILLAS BELLA VISTA MONTEPEGO CLUB CHRISTMAS MOUNTAIN RESORT AT RIO RANCHO 4 SEASONS AT BEECH BELWOBYN ÅRE CHRYSLAND GARDENS CLUB COURT BARTON 4 SEASONS AT DESERT BREEZES BENT EL SULTAN CIVIS GRAND HOTEL ARANYBIKA CROFT-NA-CABER 5985 FLEX 2 BHURBAN CONTINENTAL RST CLUB CARILO PLAYA CRYSTAL LODGE A POUSADA DO RIO MUTUM BY PRM CLUB CLUB CASA MAYA CRYSTAL MOUNTAIN RESORT ACAPULCO DOLPHIN VACATION BIG CANOE CLUB CIUDADELA CRYSTAL PARK FLAT CLUB BIG CEDAR WILDERNESS CLUB CLUB COLOMBO HOFGUT CRYSTAL SPRINGS MOUNTAIN ADLER BELLEVUE FERIENCLUB E.V. BIRCHWOOD LODGE KUERNACH LODGE AGIOS NIKOLAOS BAY BLAKENEY TIMESHARE CLUB COLOMBO KURHOTEL CUMANAGOTO VILLAGES & ALBATROS GOLF CLUB BLUE BAY BEACH RESORT KOENIGSHOF SUITES RESORT ALDEIA DOS NAVEGANTES BLUE BAY CLUB CLUB DEL MAR DAEMYUNG RESORTS ALHAMBRA VILLAS AT POINCIANA BLUE BAY GETAWAY CLUB HACIENDA DANA INN RESORT TABATINGA ALLEGRO CLUB DE VAC BLUE HERON CLUB HALLBJØNN TELEMARK DAPHNE HOLIDAY CLUB * ALPINE RIDGE BLUE MARLIN HOTEL CLUB HOTEL LAFAYETTE RENACA DAYS INN GUADAIRA RESORT AMADORES BEACH CLUB BLUE RIVER CONDOMINIUMS CLUB HOTEL SALINAS DO DEL MAR OCEAN FRONT RESORT AMER VAC RS @ SEA SHELLS BLUGREEN/RDI SAMPLER PLUS MARAGOGI DESTINATIONS PLUS BEACH CLUB BOHEMIA GOLD CLUB STEKL CLUB JAMAICA BEACH RESORT DIAMANT BEACH CLUB IN AMIRAL 5 PRESTIGE VIP KONUTLARI BOLTON VALLEY HOLIDAY RESORT CLUB LA COSTA AT LAS FAROLAS DIAMANT BEACH ANACONDA CLUB BOMBINHAS TOURIST APART ROYALE DISCOVER RESORTS ANGEL RESORT IZU INATORI HOTEL CLUB LAVAUD DIVI BEACH VILLAS AT SOUTH- ANGEL RESORT SHIGAKOGEN BORGO DEGLI OLIVI LA VILLA CLUB MARVERDE WINDS ANGEL RESORT YUZAWA BORGO DI VAGLI CLUB MYKONOS LANGEBAAN DIVI FLAMINGO BEACH RESORT ANGEL SEASIDE MINAMIATAMI BOSQUE LA LUNA CLUB NEMO & NAUTILUS DIVI TIARA BEACH RESORT ANTICO PALAZZO SCALA BOULDER BAY VALLARTA DOLPHIN BEACH RESORT APART COSTA AZUL BOYNE MOUNTAIN CLUB NOREFJELL DOMAINE DE GAVAUDUN APART HOTEL "BARRAMARES FLAT" BRANT POINT COURTYARD CLUB PARADISE @ JIMBARAN HILLS DOMINA VENEZIA APARTHOTEL "DIE FAMILIEN BREAMISH VALLEY COTTAGES CLUB PATARA DORAL BEACH TENNIS AND GOLF RESIDENZ" BRETTON WOODS CLUB PERA PALAS CLUB APARTHOTEL HELVETIA INTERGOLF BRIDGEPORT RESORT CLUB PHUKET RESORT DURBAN SPA APOLLON CLUB BRITISH HILLS CLUB PLAZA HUATULCO DUTA VILLAGE BEACH RESORT AQUA PARK HOTELS BROCKWAY SPRINGS RESORT CLUB RESORT DEL PACIFICO EAGLE CREST VACATION CLUB AQUARIUS BEACH RESORT BROCKWOOD HALL CLUB SAN ANTONIO EAGLE WING SUITES AT ANGEL AT WATAMU BROOKES HILL CLUB SOL Y MAR FIRE RST ARUBA MILLENNIUM RESORT BUNGA SEMINYAK COTTAGE CLUB SOL Y SOÑAR EAGLES NEST TOWNHOUSES ATLAS AT CLUB PLAYA VISTA CA' DE VENEZIA CLUB ST. CROIX EL LAGO RESORT RESORTS CABANA MIO CLUB TEN EL PORTILLO APARTAHOTEL ATLAS AT CPV AT TORRE OCEANO CABANAS DE BUZIOS CLUB THARA EL PORTILLO BEACH RESORT ATLAS AT PUEBLO LAGUNA BEACH CABO HOLIDAY CLUB AT PLAZA CLUB VACANCES ARCHIMEDE EL SIAMBON COUNTRY CLUB CLUB 2 CALAFIA CLUB VACANCES INT'L ELOUNDA GULF VILLAS ATLAS AT SUNSET BEACH CLUB CAMPANILLA COMPOUND MONT ST-SAUVEUR ELTERWATER HALL AT LANGDALE AVALON SPRINGS CANA BRAVA RESORT HOTEL CLUB VACANCES LE PLATEAU EMBARCADERO-WORLD WIDE VAC B. MAE'S RESORT INN & SUITES CANALTIME HOUSEBOATS CLUB VENTURA CLUB BABYLON RESORT HOTELS @ UNION WHARF CLUB VIERUMAKI EMERALD RESORT & CLUB BACHLAUFEN HAUS CAPE GORDONIA CLUB VILLA AZUL EVACATION CLUB BAHIA COIQUE CAPE WINDS RESORT CLUBE DE CAMPO DO GEROS EVEREST RESORT BAHIA DEL SOL CASINO & BEACH CAPO CERASO CLUBE DO MONACO EXCLUSIVE RESORT CAPRI CLUBE FORUM EZULWINI SUN BAIA DEL FARO CAPRI BY THE SEA AT SAN DIEGO CLUBE HOTEL DO ALGARVE FAIRFIELD - DISCOVERY VACATION BAIA D'ORO RESIDENCE CLUB CARABIANE MARINE CLUB 1 CLUBE PINHAL DA FOZ +FAIRFIELD DESTIN AT MAJESTIC BAILEYS HARBOR YACHT CLUB CARIBBEA BAY CLUBE TROPICANA-CERRO SUN RESORT CARIBBEAN ESTATES ALAGOA +FAIRFIELD GRAND DESERT BALAIA VILLAGE CARIBE CAMPO CLUB CLUBHOTEL AMBRA +FAIRFIELD OCEAN WALK BALCONES DE SAN MARCOS CARIBOU HIGHLANDS LODGE CLUBHOTEL BAYERNHAUS FAIRWAYS RESORT CARIHUELA PLAYA SOL COCO VILLAGE BEACH RESORT FALCON GLEN COUNTRY ESTATE BALI TROPIC RESORT & SPA CARILO PARADISE COCOPLUM BEACH & TENNIS CLUB FANTASY HOLIDAY CLUB BALMORAL CARLTON TOWER SUITES COLINA DEL VALLE (RV ORLANDO) BANANA BEACH HOLIDAY RESORT CASA DEL MAR COMPLEJO ACUARIO II FERIENPARK EXTERTAL BANTRY BAY CASA DEL MAR GOLF & DIVE RESORT COMPLEJO BAHIA PALMERAS FIESTA AMERICANA VAC.CLUB BANYULS SUR MER CASABLANCA TIEMPO HOTEL RST AT CANCUN BARNHAM BROOM GOLF AND COMPARTIDO CONDO-HOTEL TORRE DE ORO FISH RIVER SUN COUNTRY CLUB CATALINAS SUITES APART HOTEL CONDOMINIO AMARILIS FLAT FIT RESORT CLUB BAUEN APART HOTEL CHALETS LA FALAISE SERVICE * FJÄLLKÄLLAN BAY SHORE INN CHAMPAGNE LANE CONDOMINIO TIWANAKU * FJÄLLSÄTERN BAY SHORES YACHT & TENNIS CLUB CHAMPAGNE VALLEY RESORT CONDOMINIOS MARINA REAL FLAMINGO BEACH HOTEL BAY STREET HOTEL TOURIST CHANDLER POINT COTTAGE CONTINENTAL SERRA HOTEL FORMOSA BAY VILLAS COMPLEX COMMUNITY COPPER CHASE CONDOMINIUMS FOUR SEASONS-PACIFICA BEACH CLUB I CHARLESTON CONDOMINIUMS CORAL GOLF RESORT FURUSATOKUN UZUSHIOHEN BEACH CLUB OF MARCO CHART HOUSE SUITES / CORAL SANDS RESORT GALLEON BEACH BEACHCOMBER CLUB CLEARWATER BAY CORAL VISTA DEL MAR GARDEN ROUTE CHALETS

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 127 Resorts With 1 - 100 Members GERES ALBUFEIRA HOTEL CASA GRANDE GRAVATA KAGGA KAMMA LES BAINS DE SAILLON GETHLANE LODGE HOTEL CHALE PONTA DAS CANAS KAIFU VACANCES CLUB LES DIABLERETS PARC GIRARDOT RESORT HOTEL HOTEL CLUB MONTANA KALBARRI BEACH RESORT LES NATURELLES GLENMORE SANDS HOTEL DEL SUR KAPULANIKAI VACATION SUITES LHVC @ HACIENDA SUITES AND GLIDDEN LODGE BEACH RESORT HOTEL DEUTSCHMEISTER KARIMUN BEACH RESORT GOLF VILLAS GLOBAL VACATION CLUB HOTEL DU MOULIN DE VERNEGUES CLUB LHVC @ HACIENDA TROPICAL GOLDEN SHORES & CROWN HOTEL ESTURION PUERTO IGUAZU KAUNOS CLUB DALYAN LIFESTYLE CLUB AT KOORALBYN PARADISE CLUB HOTEL FANØ BADELAND KENWICK WOODS LIFTSIDE VILLAGE AT HUNTER GOLDEN TRIP EXPRESS CLUB HOTEL GOLDRIED/GOLDRIED PARK KIARA LODGE MOUNTAIN GOLF APTS. RICHMOND PARK HOTEL GRAMIMAR SUITES KIAWAH ISLAND GREAT BEACH LIMETREE BEACH RESORT GOLF COLONY RESORT HOTEL HORACIO QUIROGA - VACATIONS LITCHFIELD BY THE SEA AT DEERTRACK SPA TERMAL KIKELET CLUB HOTEL LITTLE EDEN GOLF HOTEL HOTEL JUEGO KINGSTOWN REEF LITTLE SWITZERLAND GOLF VIEW RESIDENCE HOTEL KANANASKIS AT THE CROWNE PLAZA LOKKEN BADEHOTEL GRAN HOTEL PUCON HOTEL KARUIZAWA 1130 KITA-KARUIZAWA HILLS HOTEL LOMA LINDA ESTATES & COUNTRY GRAND HOTEL CALA BLU HOTEL LA SIERRA SANTO DOMINGO KLUB PLAZA CLUB GRAND HOTEL GRISONE HOTEL MADONNA DOLOMITI KNYSNA CHALETS LONGBEACH RESORT AND CLUB GRAND HOTEL TRE CROCI HOTEL MARSOL KOWIE RIVER CHALETS LOR HOUSEBOAT CLUB GRAND TRAVERSE RESORT VILLAGE HOTEL MIRAGE KUFRI HOLIDAY RESORT LOVERS KEY BEACH CLUB & GRANDS SEJOURS INTERNATIONAL HOTEL NASHVILLE LA ALHAMBRA RESORT GREAT HOUSE VILLAS HOTEL NH COLUMBIA LA BASTIDE DU ROY RENE LTI-SOL DE PLATA GREEN LIFE CLUB BY AMAZZONIA '90 HOTEL OH-AN INN LA BORA MAEVA CLUBHOTEL GUACAMAYA BEACH RESORT HOTEL PALACE CLUB MAYA TECUN LA CALA BEACH CLUB BERYL BELLE PLAGNE GULF VIEW RESORT SPA LA CASONA DE VIDIAGO MAEVA CLUBHOTEL HABITAT CLUB PRIVILEGE-IBIZA HOTEL PERLA LA COSTA APART CLUB CANNES MARINA HABITAT LOS PALMITOS HOTEL PICCOLA FENICE LA COTE D'AZUR MAEVA CLUBHOTEL HYERES PORT HAIXING YUNLONG BAY RESORT HOTEL PORTOGALO LA FONTAINE APART HOTEL & MAEVA CLUBHOTEL HAMEAU DES ALPES HOTEL RESIDENCE "GRAN SAS" RESORT LES ARCS-1800M HARBOURSIDE III HOTEL RESIDENCE GREEN PARK LA HACIENDA CLUB MAEVA CLUBHOTEL HARRIS RESORT HOTEL SALTO GRANDE LA JOLLA - LOMAS LES MOUFLONS 1500 HARTENBOS HOTEL HOTEL SELBACH LA MERCED VILLAGE RESORT & CLUB MAEVA CLUBHOTEL HARTLAND FOREST GOLF & HOTEL SKAGEN STRAND LA MONTAGNE LES MOUFLONS II LEISURE PARC HOTEL SMYGEHUS LA PLAYA CASA LINDA MAEVA CLUBHOTEL HATTERAS HIGH HOTEL SPA & GOLF/RESORT LA RESIDENCE EBURNEA MERIBEL LES ALLUES HAVNA SKJÆRGÅRDSPARK AVANDARO LA RINCONADA MISION MAEVA CLUBHOTEL HEALTHY HOUSE HOTEL SPOREA YUZAWA DE LOS ANGELES PLAGNE ST JACQUES HERMANUS BEACH CLUB HOTEL TEHUELCHE LA RINCONADA VALLE DE BRAVO MAEVA CLUBHOTEL HIDEAWAY HILLS RESORT HOTEL TURQUOISE SIDE LA ROCHELLE SERRE CHEVALIER HIGH GROUND CARILO HOTEL VILA DO MAR LA SERRANITA NATURAL RESORT MAEVA EDEN PARC ST TROPEZ2/ HIGH POINT INN HOTEL VILLA IGEA LA SOLEILLETTE AMANDINE HILL COUNTRY RESORTS, HOTELSOL LA TERRASSE AU SOLEIL MAISON APART HOTEL LOVEDALE HOUSEBOAT ADVENTURES "RESIDENCE" MAISON ORLEANS/HOTEL HOGFJALLET @ LK OUACHITA LABORI DE L'EAU VIVE HØJENGRAN HOWARD JOHNSON LA PAZ PLAZA LAGO CAVIAHUE APART HOTEL MALIBU PREMIER HOKKAI PARK HOTEL HTL RESIDENCIAL BOM JESUS LAGO ESPEJO RESORT MAMBRUK QUALITY RESORT HOLE IN THE WALL HOTEL & DA PRAIA LAGOON SHORES MANLY NATIONAL VILLAGE HUIZHOU TANGQUAN GOLF CLUB LAKE SINCLAIR VILLAGES MANZI MONATE HOLIDAY BEACH RESORT - PHASE II HURGHADA NATIONAL RESORT LAKE VIEW CABANAS MANZINI CHALETS HOMESTAY - INN HURRICANE HOUSE LAKESIDE VISTA INAWASHIRO MARATHON KEY BEACH CLUB II HONICOMBE MANOR HUSET PÅ HAVNEPLADSEN LAKEVIEW RESORT VACATION MARGATE SANDS HOPE BARTON BARNS HUSSONG'S PUEBLO DEL MAR CLUB MARIBAGO BLUEWATER BEACH HORIZON BEACH/TERRACE DUNES ILHA DOS ACORES PARK HOTEL LAKEWAY INN RESORT RESORT ILHA FLAT HOTEL LANZAROTE GANDIA CLUB MARINA BAY BEACH RESORT HORTOBAGY CLUB HOTEL IMIRA PLAZA HOTEL LAS CUPULAS MONTERREY CLUB Y MARINA FLATS BARRA DO UNA HOSTAL DEL SOL I IMPERIAL LAS PERLAS RESORT MARINA GREEN CLUB HOTEL AKFENCLUB IMPERVILLA CLUB LAS LOMAS DEL CORRENTOSO MARINA PARK HOTEL HOTEL ALMIRANTE CARTAGENA INN AT LOST CREEK LAS TERRAZAS MARINA RESORT HUATULCO ESTELAR INNSBROOK VILLAGE COUNTRY LE CASTOR MARINA SN.CARLOS PTO. HOTEL AMBRE CLUB LE DOMAINE DE L'ARDILOUSE AVENTURAS HOTEL APART CLUBE DO LAGO INTERNAUTIC BUENOS AIRES LE MAS DE CHASTELAS MARINE TERRACE HOTEL APARTAMENTO BALAIA IONIA LE PALAIS DE LA MARINE MARINER HOUSE PLAZA ISLA DORADO LE RESIDENZE KASTALIA MARLIN COVE II - BLUE MARLIN HOTEL APARTAMENTO CLUBE JACARANDAS SUITES LE SCANDINAVE MAYA CARIBE RESORT OCEANO JACKSON COURT CITY SHARES LE TERRAZZE DI PORTOROTONDO MAZZAFORNO SPORTING CLUB HOTEL APARTAMENTO JACOB'S LANDING CONDOMINIUMS LEA CASA MEDAMAR CLUB APART DOM PANCHO JADON PLACE LEISURE CLUB INT'L MEDITERRANEE PARADISE HOTEL AQUARIUM JAMARIL RESORT CLUB AT NEW ORLEANS MEIA PRAIA BEACH CLUB SUPERDECAMERON JARDIM DO VAU LEISURE RESORTS VILLAS MEIGAS ACA RST AT HOTEL HOTEL ATLANTE PLAZA JIUHUA SPA AND RESORT LEISURE VACATION CLUB CALETA HOTEL BAIA CADDINAS JURERE BEACH VILLAGE LES ARCS - VILLAGE LE CHARVET MIA RESORTS PINEPARK HOLIDAY HOTEL BELLEVUE JURERE SUMMER RESORT 1800M CLUB HOTEL CANCUN MARINA CLUB KADUSHI CLIFFS RESORT LES ARCS-VILLAGE LES VILLARDS MIDLANDS SADDLE & TROUT HOTEL CASA DA MONTANHA KAFR EL GOUNA 1800M RESORT

128 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort Resorts With 1 - 100 Members MIKAWA ONSEN MEMBERS CLUB PARADISE CANYON GOLF RESORT QUADNA MOUNTAIN VILLAGE RESIDENZA L'OASI MILFORD PARADISE & GOLF CLUB PARK HOTEL FALORIA QUALITY RESORT - WATERFRONT RESIDENZA PARCO DELLO STELVIO MILLSTREAM PARQUE DA FLORESTA CITY RESIDENZA PARCO DELLO STELVIO 2 MIMPI JIMBARAN PASEO LA PERGOLA QUEST VACATION INTERNATIONAL RESORT HOLIDAY CLUB GRANDE MINA CLAVERO RESORT PAU BRASIL CENTER HOTEL (QVI) FLORIDA MIRADOR DE LOS COLLAGUAS PAU BRASIL PRAIA HOTEL QUINTA COUNTRY CLUB RESORT LEXUS INTERNACIONAL- MIRAFLORES CLUB 4 PEARL OF THE PACIFIC BEACH QUINTA DA MARINHA INGLESES MISTY HARBOR RESORT RESORT RAMADA RESORTS PINAMAR RESORT PLAYA PARAISO CONDOMINIUM PEARLY SHELLS RAMSGATE BEACH CLUB REY ZENIT KINOSAKI MOKUSIGAS ISLAND RESORT PEFKOS VILLAGE HOLIDAY CLUB RAROTONGAN SUNSET BEACHSIDE RHC @ STREAMSIDE AT VAIL- MOLENHEIDE PEÑISCOLA PLAZA RESORT ASPEN MONATENG SAFARI LODGE PERENNIAL VACATION AT TAHOE RAS ALKHAIMAH HOTEL RHC/PARK ROYAL COZUMEL MONKEY VALLEY BEACH NATURE VILLAGE RAS RESORTS SILVASSA RIDGECREST RESORT RESORT PERENNIAL VACATION CLUB REDINGTON AMBASSADOR RIO SELVA RESORT SANTA CRUZ MONTANA VALBEL AT BANDERA REEF CLUB PLAYACAR RITZ 2 CORAL SUITES MONTAUK MANOR PERNA PERNA MOSSEL BAY REFLECTIONS AT OCEAN KEY RIVER BANK LODGE MONT-AUX-SOURCES RESORT PERNA PERNA ST LUCIA HOUSE RIVERBEND CHALETS MONTE ROSA FEYTROUN PERNA PERNA UMDLOTI REGAL LEXBER HOMES - METRO RIVERSIDE HOTEL MONTE VISTA VILLAGE RESORT PERRAN VIEW HOLIDAY VILLAGE BAGUIO RODAN RESORT MONTEBELLO II PESTANA RIO ATLANTICA HOTEL REGENT VACATION CLUB ROYAL ALOHA SPAIN / RAVC MONTECHORO CLUBE 99 PETROCLUB ABANTBEY COUNTRY REGINA ELSOKHNA BEACH ROYAL ALOHA TAHOE /RAVC MONTEL PROPERTIES CLUB RESORT ROYAL ALOHA VACATION MONTERRAZAS CLUB & APARTELLE PETROCLUB SIDE HOLIDAY REGINA NUWEIBAA CLUB/WAIKIKI MOON BEACH CLUB VILLAGE REINA DEL MAR ROYAL CLUB MAR Y GOLF MORE RESORT VACATION CLUB PHEASANT PARK RELAX RESORT ROYAL GOAN BEACH CLUB MOUNT BACHELOR VILLAGE PHOENIX RESORT RENDEZVOUS LODGE AT LUISA RESORT PHUKET GOLF VIEW CONDOMINIUM RES SERRA DEGLI ALIMINI 2 ROYAL ISLANDER CLUB MOUNT CHAMPAGNE PINAMAR FAMILY RESORT RESERVA DE MARBELLA "LA TERRASSE" MOUNT SHEBA PINE BAY HOLIDAY RESORT RESIDENCE 13 CIME ROYAL PALM BEACH CLUB - BELIZE MOUNTAIN SIDE RESORT PINE LAKE MARINA RESIDENCE ALBA VERBIER ROYAL PLAZA/LEV YERUSHALAYM AT F RISCO PINO DORADO CLUB VACACIONAL RESIDENCE ARTUIK ROYAL WHARF MOUNTAIN SUN CONDOMINIUM- PIRATES' COVE TOWNHOMES RESIDENCE BAIA DI CALIPSO SAITO HOTEL QUARTERS PLANTATION BAY VILLAS RESIDENCE BAIA FENICIA SALAMANDER MUJU RESORT PLANTATION GOLF VILLAS RESIDENCE BRIDGE SALT ROCK PALMS MULTIPROPIEDAD BAQUEIRA PLANTATION HOUSE RESIDENCE CAMPOVERDE SALTO GRANDE TIEMPO MUSKOKA SANDS PLAYA ACAPULCO BEACH/PLAYA RESIDENCE CASA BLANCA COMPARTIDO MUSKOKA SANDS II SUITES RESIDENCE CERVINIA 1 SAMANA BAY VILLAGE NEPTUNE BEACH CLUB PLAYA CARDON INTERNATIONAL RESIDENCE CLUB AT EAGLE SAMAY HUASI HOTEL Y RESORT NESKOWIN SHORES RESORT SPRINGS SAN BERNARDINO COUNTRY GOLF NETTLE BAY BEACH CLUB PLAYA DEL SECRETO RESIDENCE CORMORANI 2 CLUB NEWPORT RESORT PLAYA ESMERALDA BEACH RESORT RESIDENCE DJERBA PARADISE SAN DIEGO SUITES / CALIFORNIA NGWENYA LODGE PLAYA LAS BALLENAS RESIDENCIA RESIDENCE DU CHAY BEACH NIHI KAI VILLAS PLAYA PARAÍSO AT EL MÁSTIL RESIDENCE EDEN SAINT TROPEZ SAN FRANCISCO FLAT SERVICE NIRWANA BALI PLAYA SIRENA RESORT RESIDENCE FORT SOCOA SAN LUIS CONDOMINIUMS NOBLE HEIGHTS BISAN SETO PLAYACAR PLAZA MARINA RESIDENCE HOTEL PIZ DA LEC SANAFIR VACATION CLUB NORDSØ KLIT PLAZA PRAIA SUITES RESIDENCE I BOBOLI SANARY SUR MER NORTH JETTY RESORT POINT BROWN RESIDENCE INTERNATIONALE SAND CASTLE/QUALTON CLUB NORTHERN OUTDOORS POINTE ROYALE VILLAGE & DE L'ODET PTO. PLATA ADVENTURE CLUB COUNTRY CLB RESIDENCE LA FERRIERA SAND SHARES RESORT NUBIA SHARM PORT ALFRED SANDS RESIDENCE LE BELLEVARDE SANDRIFT RESORT NUEVA TOLEDO INTL TIMESHARING PORT DE REI RESIDENCE LE CASTEL SANIBEL COTTAGES NU-TKA LANDING FLOATING PORT OWEN MARINA RESIDENCE MARILLEVA 1400 SANTA MARIA ACAPULCO RESORT PORT ST FRANCIS RESIDENCE MER & GOLF EUGENIE SANTORINI VILLAS OCCIDENTAL C.VILLAGE PLAYACAR PORTAL DO ATLANTICO RESIDENCE MER & GOLF ILBARRITZ SAVANNAH SANDS OCEAN EDGE PORTO HELI RESORT RESIDENCE MYOSOTIS SCANDINAVIAN LODGE OCEANIC 2000 CLUB VACACIONAL PORTO HILLS APART HOTEL RESIDENCE NEVADA SEA GARDEN & MARINA VALLARTA OESTERSOE FAERGEGAARD PORTO MARE RESIDENCE RESIDENCE PORTO ROSA SEA GARDEN NUEVO VALLARTA ONDAMAR POSADA DEL BOSQUE RESIDENCE PUNTA ASFODELI SEA GRAPE BEACH CLUB ONNA MARINE VIEW PALACE POUSADA DOS TANGARAS RESIDENCE RODODENDRO SEA HORSE RESORT ORLANDO'S SUNSHINE RESORT II PRAIA BRAVA HOTEL RESIDENCE SORAYA SEA PINES RESORT ORSA GRÖNKLITT PRIMARY HOLIDAY VILLAGE RESIDENCE UNIVERSO SEASONS AT BURN PARK OWARA KANKO RESORT HOTEL PRM CLUB RESIDENCE VACANCES NO 6 SEASONS AT CLUB TAHITI 2 PACIFIC AVENUE PROTEA WILDERNESS HOTEL RESIDENCE VAUGRENIER SEAVIEWS PACIFIC BAY SUITES PUCON III RESIDENCE VERDE MARE SEVEN SEAS RESORT PACUNG MOUNTAIN RESORT PUEBLO CANARIO SUITES RESIDENCE VILLA GOLF SHADOW MOUNTAIN LODGE PALACE RESORT AT BEACH PUEBLO REAL RESIDENCES AT THE CRANE AT ASPEN PALACE PUERTO VIGIA HOTEL RESORT RESIDENCES CHAMOSSAIRE SHARED OWNERSHIP AT SANDS PALACE RESORT AT MOON PALACE PUNTA CONDOR RESIDENCIA AZUL CLUB OF KAHANA PALM COURT PURGATORY VILLAGE RESIDENCIAL PUERTO GOLF SHARM INN PALM PARK CONDOMINIUM HOTEL RESIDENCIAL RIVIERA BENICASIM SHARM SUNSHINE RESORT PANACHE COUNTRY LODGE PYRAMISA CAIRO RESIDENTIE VAN GOGH SHERATON 4 POINTS JERUSALEM PAPAKEA RESORT PYRAMISA SHARM ELSHEIKH RESIDENZA CASA VUOTTO HOTEL PARADISE RESORT RESIDENZA CHRYSALIS BAY SHERATON'S MOUNTAIN VISTA

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 129 Resorts With 1 - 100 Members SHERATON'S PGA VACATION SWEETWATER AT WAIKIKI TIMBERLAKE WING ON GOLF COUNTRY CLUB RESORT SZECHENYI CASTLE TIMESHARE FURUSATOKUN WINTERGREEN QUARTERS SHERATON'S VISTANA VILLAGES TASUCU BEST RESORT HOTEL AWAJISHIMA WYBAS FOCA HOLIDAY RESORT SHOREPINE VILLAGE TELEMARK POINTE RED APPLE CLUB TIMESHARE FURUSATOKUN WYNNWOOD TOWNHOMES SIERRA NEVADA SPORTS CLUB TERRACOS DO MAR BIWAKO XANADU BEACH RESORT AND SIERRA PARAISO HTL.Y CENTRO THE "Q" OLD BURLEIGH ROAD TIMESHARING 3C MARINA CONV. THE BALANGAN TONNARA DI BONAGIA YOTAU ALL SUITES HOTEL SIESTA SANDS BEACH RESORT THE BAY CLUB TORRI KERCEM YTACARANHA HOTEL DE SERRA SIGMA RESORT CLUB (SOUTH THE BEACH CLUB AT MARLIN BAY TOVICE CONDOMINIUMS YUGAFUIN BISE PATTAYA) RESORT TOWA PURE HOTEL & COTTAGE SILVERMIST MOUNTAIN LODGE THE BEACH CLUB AT MONTEGO TRADE WINDS CRUISE CLUB- SILVERSANDS INN B.VIRGIN IS Resorts With Members SILVERSANDS II THE BEACHCOMBER TRAFALGAR BEACH VILLAS SILVERSANDS III CONDOMINIUM RESORT TRAIL CREEK CONDOMINIUMS Numbering 101 - 249 SILVERSANDS, GORDONS BAY THE CARAVANSERAI BEACH TRANEKLIT SINDBAD BEACH CLUB RESORT TRC SPRINGS CLUB 3488 FLEX 2 SKAGENKLIT THE CLUB AT FOUNTAIN HILLS TRELOWARREN 3488 FLEX 4 SNÄCK THE COMMONS AT ANGEL FIRE TROPICAL REFUGE 3564 FLEXI 4 SNOWCREST MANOR, MANALI THE COTTAGES AT SSP TROPICANA HOTEL ALBAYZIN DEL MAR SNOWDONIA YACHT & COUNTRY THE DORSET RESORT TROUTBECK INN ALLURE MAYAN RIVIERA CLUB THE EATON MAKATI TURNER HEIGHTS TOWNHOUSES ALOHA VILLAS OWNERS CLUB SOBHENGU THE EDGEWATER TURTEL SIDE HOLIDAY VILLAGE ALPENROSE CONDOMINIUMS SODWANA BAY LODGE THE ESTORIL EDEN UBIN LAGOON RESORT ALPINE RANCH SOLANAS TERMAS DEL DAYMAN THE EVERGREEN CONDOMINIUMS VACANCES CENTRO ALPINE VILLAGE SOLAR DA BARRA HOTEL THE FALLS GOLF CLUB AND VADELLA PUEBLO COUNTRY CLUB AMARILIS CLUB SOLARA SURFSIDE RESORT VANTAGE POINT AMPHORAS HOLIDAY INN RESORT + SOLARE RESORT VALLARTA THE FRESHWATER BAY RESORT VARNA MATROUH HOLIDAY APARTAMENTOS PUEBLO QUINTA SUNSET BAY THE GLASGOW RESIDENCE RESORT DOS SOLDIER MOUNTAIN RANCH THE HOMESTEAD VAU'HOTEL APARTHOTEL MAE D AGUA COUNTRY CLUB THE HORSESHOE POINT VACATION VEDIC VILLAGE ARABA FENICE VILLAGE SONDELA NATURE RESERVE CLUB VERLORENKLOOF ESTATE ARABESQUE II SOUTH OCEAN GOLF & BEACH THE HUNTSMAN CLUB VICTORIAN VILLAGE ARENA CO RESORT THE KAROS LODGE VIEW HOTEL SAKURAJIMA ARROWHEAD CONDOMINIUMS SPORTING HOTEL VILLA BLU THE LANDING AT EGG HARBOR VILLA BLANCA * SPRING CREEK RANCH THE LODGES AT MAPLE CREEK VILLA CHALET SN CRISTOBAL HTL AUCHRANNIE COUNTRY CLUB SPRINGFIELD VACATION CLUB THE MARINE QUAY CLUB RST AURAMAR BEACH CLUB SQUAW VALLEY LODGE THE OSTHOFF RESORT VILLA DEL SOL AVERINA BEACH CLUB ST MICHAELS SANDS THE PACIFIC RESORT VILLA DIANA AZURE SKY RESORT ST TROPEZ RESORT BROADBEACH VILLA FLAVIO GIOIA BABILONIA SUITES STARPOINTE RESORTS THE PALACE VILLA MARITIME BAKUBUNG LODGE STILHEUWELS THE PARIS RESIDENCE VILLA MEXICANA HOTEL & RESORT BALI MASARI RESORT * STILL WATERS THE PENTHOUSES AT GULF VILLA MYKONOS BAYU BEACH RESORT * STONEY CREEK RESORT STREAM VILLA OLYMPIA BAYVIEW APARTMENTS STRATFORD COURT THE POINTE WATERFRONT RESORT VILLA SEVIGNE BEACH ISLAND RESORT NARROWBOATS CHIRK THE PROSPECTOR AT ASPEN VILLAGE BARRAMAR RESORT BEAR LAKE TIMESHARE SUGAR LOAF RESORT THE QUARTERS VILLAGE CALLINAGO BEL-AIR BEACH CLUB SUITES AL MAR THE QUARTERS AT LAKE GEORGE VILLAGE MAS BLANC BEST WESTERN FLAMINGO SUITES COSTA DORADA THE QUARTERS AT MARLIN COVE VILLAGGIO AFRICAN BEACH TURQUESA SUITES RIVIERA HOLIDAY PLAN THE RESONANCE CLUB (TRC) VILLAGGIO GUARATIBA RESORT BIGWOOD CONDOMINIUMS SUN & SURF HOTEL THE RESORT AT BEAR LAKE VILLAGGIO LENTIA BLUE RIDGE MOUNTAIN SUN CLUB/SIERRA CANCUN THE RETREAT VILLAGGIO S'ABBA E SA PEDRA HOUSEBOATS SUN CLUB@CLUB DE PLAYA THE RIVIERA VILLAS AJIJIC BLUE WHALE MANZANILLO THE RIVIERA RESORT AND SPA VILLAS CABO CORAL BRASIL TROPICAL RESIDENCE SUN SEEKERS MONT ST. ANNE THE ROCKIES CONDOMINIUMS VILLAS DEL MAR BEACH CLUB BRASSIE KNOB VILLAS SUNCREST TREASURE VILLAS THE RUGBY MILLENNIUM - VILLAS DEL PACIFICO AT SKY VALLEY SUNLIGHT RESORT MATHERAN VILLAS DEL PALMAR BREAKPOINT HOLIDAY COMPLEX SUNNY CARIBBEE BEACH HOTEL & THE SANDS RESORT AT HAMPTON VILLAS EL MOLINO BREEZY POINT INTERNATIONAL CLUB BEACH VIP VACATION CLUB STATUS BRIGANTINE QUARTERS SUNRISE BEACH CLUB & VILLAS THE SANTA BARBARA GOLF & VIRGIN GRAND VILLAS BROOKVILLAGE AT CAESARS SUNRISE RIDGE RESORT OCEAN CLUB VISTA DO RIO BROOKDALE SUNSET POINTE THE SAVOY HOTEL VISTA NATALIA II BROOME PARK SUNSHINE BAY BEACH CLUB THE SOUTH SEAS CLUB VOG CLUB BUENOS AIRES COMRA CONDO- * SUNTERRA PAPAKEA THE SUMMIT AT GORE MOUNTAIN WATERBERRY HILL MINIUM SUNTIDE BANANA BEACH CLUB THE SURF CLUB WATERBURY INN BUSH BETTA WILDLIFE HOLIDAY SUNTIDE HOTEL AND CABANAS THE TALL TREES, MUNNAR WEIHAI GOLDEN GULF GARDEN RESORT SUNTIDE ILLOVO SANDS THE VENTURA-WORLD WIDE VAC VAC. LAND BUSHMAN'S NEK BERG & TROUT SUNTIDE QUNU LODGE CLUB WESTGATE SOUTH BEACH RESORT SUNTIDE WINKLESPRUIT THE VICTORIAN WESTWOOD SHORES RESORT CABILDO SUITES SUPERIOR SHORES THE VILLAGE AT BRECKENRIDGE WHISKI JACK AT THE WESTIN CAL REI DE TALLÓ SWEETWATER AT KAUAI THE VILLAGES AT MANGO KEY RESORT CALIMA RESORT SWEETWATER AT LAKE CONROE THE VILLAS AT BANYAN BAY WHITBARROW COUNTRY CLUB CALOOSA COVE RESORT SWEETWATER AT SOUTH PADRE THERM CHITOSE DOMINIO WHITESANDS RESORT CANALTIME HOUSEBOATS: ISLAND TIMBER TRAIL MANALI WILD COAST SUN NOTTINGHAM

130 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort Resorts With 101 - 249 Members CANDIA PARK VILLAGE CREOLE BEACH HOTEL HABITAT DEU SOL KWA MARITANE CANICO BAY CLUB CRETA RESIDENCE HARBOR COVE LA CARTUJA CARAMBOLA BEACH RESORT CRETA SUITES HARBOUR CLUB @ HARBOUR TN LA CASELLA CARIA HOLIDAY RESORT CROMER COUNTRY CLUB HARBOURSIDE II CONDOMINIUMS LA CEIBA BEACH RESORT CARIBE BEACH RESORT CURACAO CASINO RESORT HAVEN COURT LA DORADA CLUB CARLTON CLUB APARTMENTS CYPRESS HARBOUR HEIDEL HOUSE RESORT/ INTERNACIONAL CARRIAGE MANOR DCR MOUNTAIN RESORTS CONFERENCE CTR LA DORADA RIVIERA PARK SALOU AT LAKE ROYALE DECAMERON BCH.TOWER HERITAGE CLUB @ HARBOUR TOWN LA ERMITA CASA CANAZEI AN ALLEGRO RST HEVER HOTEL LA GRANDE MARE GOLF & CASA CAREZZA DEER PARK HIBISCUS COUNTRY CLUB CASA CAVALESE DEER RUN VILLAGE HIGH DUNES RESORT LA LUCIA SANDS CASA DE LA PLAYA DELPHIN HOTEL HILL COUNTRY RESORTS - LA QUINTA @ LA MANGA CLUB CASA GRANDE VISTA PACIFICO DESTINATIONS GOLD KODAIKANAL LA RESIDENCE NORMANDE CASABLANCA GREEN 9 GOLF & DIAMOND LAS CALAS 1 HILLCREST CONDOMINIUMS LA TOUBANA BEACH RST DIMORE LA VECCHIA FIRENZE HIMMERLAND GOLF & COUNTRY LA VISTA BEACH RESORT CASTEL CLUB DIVI CARINA BAY RESORT & CLUB LAGUNA RESORT CASTELMAR HOTEL CASINO HOLIDAY CLUB ARE + LAGUNA SURF CATEDRAL SKI VILLAGE DIVI HERITAGE RESORT HOLIDAY CLUB KALAJOKI LAKE CHALET RESORT CAVO BIANCO VILLAGE EAGLE RIVER INN & HOLIDAY CLUB SAARISELKA LAKE EDGE RESORT (NZ) CEDAR COVE BEACH AND YACHT CONDOMINIUMS HOLIDAY CLUB YLLAS 3 LAKEVIEW RESORT CLUB EASTWOOD AT PROVINCETOWN HOLIDAY INN RESORT SHARM LANDMARK RESORT CHAMPIONS' RUN CONDOMINIUMS EL CAPISTRANO PLAYA ELSHEIKH LAOKASTI VILLAS CHAPEL STILE APARTMENTS EL CAPISTRANO VILLAGE HOLIDAY INN TIANAN WUHAN LAPSI TOWNHOUSE AT LANGDALE EL MARQUES PALACE HOLIDAY SHORES BEACH CLUB LAS BRISAS DE SANTA FE CHATEAU COUNTRY CLUB EL MORGAN TOURISTIC VILLAGE HONKA HOLIDAY RONNAS LAS FLORES BEACH RESORT DE TREDION EL PORTON HOSTAL DEL SOL II LAS TACAS CHENAY BAY BEACH RESORT ELMAKENT COUNTRY CLUB HOSTERIA ESTANCIA LA CALERA LE GINESTRE - CUGNANA VERDE CHOICES HOLIDAY CLUB - EMIRATES SPRINGS RESORT HOTEL & SPA VILLA BEJAR LE GOLFE BLEU PLATINUM ENGLEWOOD BEACH CLUB CUERNAVACA LE HAMEAU DE BEAUREGARD CIELOALTO ENSEADA ITAPEMA APART - HOTEL HOTEL APARTAMENTO DOMUS LE RICHMOND CLARIDGES CORBETT HIDEAWAY EUROVILLAGE CLUB NAUSICAA MARIS LEISURETIME CRUISES (S.A.) CLUB ARMONIA BODRUM EVLERI +FAIRFIELD OCEAN RIDGE II HOTEL CRISTALLINO LES JARDINS D'ULYSSE CLUB ATLANTICO PLAYA FAIRWAY LODGE HOTEL GUADALMAR LES THERMALIES CLUB BALI FAIRWAY VILLAS HOTEL KYRIE LEYSIN PARC CLUB BELLASOL FANTASY HOLIDAY CLUB HOTEL NEUE POST LIGHTHOUSE RESORT & CLUB CLUB BELVEDERE FERIECENTRET RÅGELEJE KLIT HOTEL PLAYA BONITA LINKSIDE VILLAS @ SUN N LAKE CLUB CALA VADELLA FERIENCLUB BREITENBERGERHOF HOTEL RESIDENCE PORTO PICCOLO ESTATE CLUB EL MARQUES FIT VILLAGE HOTEL STORYVILLE LIONS DIVE RESORT-BONAIRE CLUB GEOPREMIERE FITZPATRICK CASTLE HOLIDAY HOTEL VILA BOA VIDA SUITE LISTEL INAWASHIRO CLUB HOTEL DU VILLAGE HOMES HOTEL VILLAGE LE CANTON LOKUTHULA LODGES CLUB LA COSTA FJÄLLBYN HOTEL WEMBLEY-INN LOMAKYLA ONNENVIRTA AT CASTILLO DEL REY FJÄLL-LIEN HOTEL WHITE PALACE BY PRM CLUB LONGBOAT BAY CLUB CLUB LA MAR FJÄLLVATTNET HOTEL Y RESORT VALLE GRANDE LOWVELD LODGE CLUB LA SOLANA DE RANSOL FLAMENCO HOTEL VILLAS & HOWARD JOHNSON BAHIA DE LAS LTH RESORT AT SUITEHOTEL + CLUB LAKERIDGE BEACH CLUB TABLAS INTERSTAR CLUB LE BRISTOL FLAMINGO BENIDORM I GIOIELLI DEL DOGE MABALINGWE NATURE RESERVE CLUB MARITIMO RONDA III FLANESFORD PRIORY IL CHIOSTRO-CUGNANA VERDE MABULA TIMESHARE CLUB PLAYA FIESTA FOUR SEASONS AT RUIDOSO IL POGGIO MAEVA CLUBHOTEL HYERES PARC CLUB PLAYA VISTA FOUR SEASONS RACQUET & IMAGE RESORT MAEVA CLUBHOTEL MEGEVE AT TORRE OCEANO COUNTRY CLUB INDIAN POINT RESORT MT D'ARBOIS CLUB PRIMAVERA FOXFIRE GOLF & COUNTRY CLUB CONDOMINIUMS MAEVA CLUBHOTEL CLUB PRIVADO VILLA PIREN GALWAY BAY COTTAGES INNS OF WATERVILLE VALLEY SAINT RAPHAEL CLUB SABATINI GENTING VIEW RESORT INNSBROOK VILLAGE MAEVA CLUBHOTEL ST MANDRIER CLUB TRIANA GEO GROUP AT LAC MORENCY INNSBRUCK IGLS GOLF VILLAS MAGALIES PARK COUNTRY CLUB CLUB VACACIONES PUEBLO EVITA GIRASOL INTERCLUB HOTEL HOCHEGG MANALI RESORTS CLUB VISTA VERDE GITES DU FJORD INVERNESS AT NEW BRAUNFELS MANDALAY SHORES RESORT CLUBHOTEL AM KREISCHBERG GLACIER WILDERNESS RESORT ISCHIA UNO RESIDENCE MANOR COURT CLUB CLUBHOTEL RIU GRAN CANARIA GLENDORGAL ISIS ISLAND ASWAN MANZANILLO TENISOL CLUB COCOROA COUNTRY & BEACH GOLD CLUB AT PUERTO CABOPINO ISLAND PALMS MARBELLA FAIRWAYS CLUB GOLDEN LEAF ISLE OF PALMS RESORT & BEACH MARBELLA RESORT COMPLEJO VAC. PELICANOS GOLDEN SHORES CLUB MARCO POLO CLUB HAPPY DEL MAR @ PLAYA DE ORO MANZ. JACKSON HOLE LODGE MARINA BAIE DES ANGES CONCORDE ROYAL BEACH RESORT GOLDEN SHORES JACO BEACH HOTEL & CLUB MARINA CAY CONDO HOTEL BAHIA AT PLAYA DE ORO CLUB JEAN LAFITTE HOUSE MARINER BEACH CLUB CONDOMINIO PAUBA CANTO SUL GOLF HOTEL PUNTA ALA JECKELS GL SKAGEN MARINER'S BOATHOUSE & BEACH CONDOMINIO POUSADA PORTO GOLF VILLAS OF BONITA SPRINGS JOLLY HARBOUR MARINA & GOLF RESORT PAUBA GRAN PARADISE BAVARO RESORT MARIPOSA DEL SOL CONNEMARA COUNTRY GRAND HOTEL TIJUANA JOMTIEN BEACH PARADISE MARK IX CONDOMINIUMS COTTAGES GRAND SUMMIT HOTEL, KAHLUA BEACH CLUB * MARTIN TERRACE - REDBUD CORAL REEF CLUB AT SUNCREST THE CANYONS KALA POINT VILLAGE VILLAS HOTEL GRAND SUMMIT RESORT HOTEL- KIHEI AKAHI MAUI SUNSET II CORONADO HOTEL & RESORT SUGARLOAF KOKOBEACH CARIBE RESORT MAYFIELD BEACH & TENNIS CLUB COUNTRY HEIGHTS WRC GULF POINTE OF NAPLES KOLI COUNTRY CLUB MID CLUB SAKAKIBARA ONSEN

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 131 Resorts With 101 - 249 Members HAKUUN SO PRIMACY APART HOTEL SHELL ISLAND BEACH CLUB THE SANDPIPER CONDOMINIUM MIRAFLORES RANCHO CLUB PRINCESS BEACH RESORT & CASINO SIERRA PARK CLUB THE SUMMIT VAC. RST TREE TOP MISKIN MANOR COUNTRY CLUB PRINCESS PORT DE PLAISANCE SIESTA FERIENCLUB SCHARNITZ VILLAS MÓNIKA HOLIDAYS RESORT SILVER BEACH VILLAGE THE SUNSHINE CLUB @ TUCAN- MOSSY CREEK ON SUGAR PTARMIGAN VILLAGE SKI TIME SQUARE CUN BEACH MOUNTAIN AT WHITEFISH SMUGGLER'S COVE RESORT WEST THE VILLAS OF PALM SPRINGS MOUNT HUTT LODGE PUCON I SNOWATER TIMBER TRAIL HEIGHTS MOUNTAIN LOFT RESORT PUERTO DE LUNA ALL SUITES SOLANAS MAR DEL PLATA TIMBERS @ CHRISTMAS MT VILLAG MOUNTAIN PLACE RESORT RESORT SOUTH SHORE CLUB TINDAYA EXECUTIVE APARTMENTS MOUNTAIN VIEW PUERTO PEÑON SOUTHERN SHORES BEACH RESORT TOP RESIDENCE KURZ MTC PLUS PUNTEPIEDRA SPORTHOTEL BRENNES TORTUGA BEACH CLUB MUTIARA BEACH BEVERLY SUITES QUEENSTOWN MEWS STEAMBOAT GRAND RESORT HOTEL TOWN VILLAGE RESORT NAIGANI ISLAND RESORT QUINTA DO LAGO COUNTRY CLUB STERLING DAYS INN MANALI TRADE WINDS NEPTUNE HOLLYWOOD BEACH QWANTANI STERLING DAYS INN YERCAUD CLUB RECANTO DAS AGUAS QUENTES STILL WATERS VACATION RESORT TREASURE SHORES NEWPORT INNTOWNE RECANTO DO SOL STONERIDGE TOWNHOMES TRENYTHON MANOR AND NH ZANDVOORT HOTEL RENEGADE RESORT STRANDSLOT FERIELEJLIGHEDER COUNTRY CLUB NIRVANA ON THE DEAD SEA RESIDENCE CERVINIA 2 STRATFORD COURT TRESCO RESORT RESIDENCE COTE D`AZUR DE CHAM STREAMSIDE AT VAIL - BIRCH TREWINCE MANOR NORTH BEACH RESIDENCE GOLFHOTEL SUDENDORF AT SCHUSS TRIANA GOLF NORTH STAR COSTALUNGA MOUNTAIN TRISTRAM'S LANDING NORTHSHORE AT CHAUTAUQUA RESIDENCE GRAND HOTEL CAREZZA SUDWALA LODGE TROPICAL BREEZE NORTHSLOPE AT SHAWNEE RESIDENCE HOTEL ISOLA VERDE SUMMER OAKS TROPICAL CLUB HOTEL OASIS MARIGOT RESIDENCE HOTEL NURAGHE SUMMIT RESORT HOTEL TROPICAL CLUB-HOTEL OCCIDENTAL ALLEGRO PLAYA RESIDENCE LETOJANNI SUN CLUB/CONTINENTAL PLAZA TROPICANA CARIBE GRANDE RESIDENCE OLEANDRO IXTAPA TURTEL SORGUN HOLIDAY OCEAN CLUB E CORMORANO SUN CLUB/PZA.LAS GLORIAS VILLAGE OCEAN COVE CLUB AT PALMETTO RESIDENCE PANORAMA VILLARS P.PENASCO UMHLANGA CABANAS DUNES RESIDENCE PIETRE ROSSE SUNISANDS VACANCES DORADO OCEAN FOREST CLUB RESIDENCE PORTOROTONDO DUE SUNRISE BEACH CLUB VACANCES GOLF OCEAN FOREST COLONY RESIDENCE PORTOROTONDO TRE SUNSET RIDGE VILLAS VACANCES TORRE OCEAN VILLAS RESIDENCE RIO D'ELBA SURFCREST CONDOMINIUMS VACATION CLUB II OCEANIC RESIDENCE SOLDANELLA SURFRIDER BEACH CLUB VACATION CONDOS AT TAPATIO OCEANO BEACH CLUB RESIDENCE SOLE ALTO SWEETWATER AT PARK CITY LIFT CLIFFS OLIVA BEACH CLUB RESIDENCE SOTTSASS LODGE VACATION INN - SIMCOE #125 ORE AT ST GEORGE RESIDENCE SPORT HOTEL ASTORIA TAHOE VILLAGE CONDOMINIUMS VACATION INN VILLAS - ORETI VILLAGE RESIDENCE VACANCES NO 1 TALANQUERA VACATION CLUB SIMCOE #80 OTTER ROCK TIMESHARES RESIDENZ MANDELGARTEN TANGERI CHALETS VACATION VILLAGE +PACIFIC FANTASY DEIDESHEIM TENBURY VAL CHATELLE III PALACE RESORT AT SUN PALACE RESIDENZA DEI CAVALLEGGERI THAILAND VACATION CLUB PALAZZO DEL GIGLIO-RES. RESORT CLUB MYKONOS THE ALEXANDRA RESORT AND SPA VCI HOLIDAYS ALBERGHIERA REX HALCYON COVE THE BANDERA HOMESTEAD VICTORS RESORT INTERNATIONAL PALEROS CLUB RHC/PARK ROYAL VILLAS IXTAPA THE BISHOP SELWYN VILLAGE PRATAGY PALM TREE CLUB RIO SELVA RESORT THE BRANCHES VILLAGE SQUARE AT COPPER MTN PARADISE HARBOUR CLUB & RIVIERA BEACH RESORT THE CARAVELLE BEACH CLUB RESORT MARINA ROCA MAR SPORTS AND COUNTRY THE CAROLINA CLUB VILLAGGIO EMMANUELE PARADISE ISLAND BEACH CLUB CLUB THE COURTYARDS VILLAGGIO L'OLIVARA PARADISUS PLAYA CONCHAL ALL ROCKRIDGE I AND II THE DIPLOMAT CLUB VILLAGGIO TURISTICO PLONER SUITE ROYAL BEACH CLUB THE EDELWEISS VILLAS AT GIANTS RIDGE PARC HOTEL POSTA ROYAL BELLA VISTA COUNTRY THE FALLS VILLAGE RESORT VILLAS DE COSTA DORADA PATONG RESORT HOTEL CLUB THE GRAND BAJA CLUB VILLAS LA ALHAMBRA EL CID PEEK'N PEAK'S GREENWOOD FOREST ROYAL GOLF PARK THE HARBOR @ DEPOE BAY INTVL VILLAS SOL PLAYA HERMOSA + PEPPERTREE SANDS ROYAL ROCHEBRUNE OWN VISTA NATALIA + PEPPERTREE-SANDPEBBLE BEACH ROYALE BEACH & TENNIS CLUB THE HARBORSIDE INN VIVA VALLARTA CLUB SAILFISH YACHT CLUB THE HARBOUR CLUB AT DUQUESA VUOKATTI COUNTRY CLUB + PEPPERTREE-SEA MYSTIQUE SAN BUENAVENTURA DE ATITLAN + THE HEIDELBERG INN WAIPANI II RESORT & BEACH CLUB PESTANA BAHIA CONFERENCE SAN LAWRENZ LEISURE RESORT THE LODGE AT KANANASKIS WENT AWAJI HIGASHIKAIGAN RESORT SAN VICENTE HOLIDAY CLUB THE LODGES AT CRESTHAVEN WEST BRANSON BLUFFS PICCOLO HOTEL SANBONANI THE LOFTS APARTMENTS WESTERN WORLD RESORTS PINE LAKE SUN COUNTRY ESTATE SANIBEL BEACH CLUB THE MOUNTAIN CLUB ON LOON VACATION CLUB PINELAND RESORT & COUNTRY SANIBEL BEACH CLUB II THE OASIS WESTOVER PARK CLUB SANTA MONICA THE PEARL BEACH CLUB AND WHISKI JACK PLANTATION BCH CLUB @ INDIAN SANTAMAR CLUB & CONVENTION RESORT AT THE FITZSIMMONS RIVER CENTER THE PHOENIX RESORT WHISKI JACK PLAYA DORADA ACAPULCO SCIABECCO RESIDENCE CLUB THE PLACE ON THE BAY SUITES SEACASTLES RESORT THE POINTE RESORT AND CLUB AT THE POWDER'S EDGE PLAYA REAL HOTEL AT OGUNQUIT THE PRINCESS HOLIDAY CLUB WHISKI JACK AT THE SNOWBIRD PLAZA DEL SOL-PUNTA DEL ESTE SEASCAPE CONDOMINIUMS THE QUAYSIDERS CLUB WHISKI JACK AT THE VALHALLA PORTO AZZURRO RESORT CLUB SEASONS AT CLUB TAHITI THE REEF AT MARATHON RESORT WHISTLER RESORT & CLUB PORTO ROTONDO GARDENS SEASONS AT KNOCKTOPHER CLUB WILDERNESS DUNES PORTONOVO BEACH APARTMENTS ABBEY THE RIDGE AT SUNRIVER WILLIAM'S LANDING POUSADA LA MANDRAGORA SEAWATCH LANDING THE RIDGE RESORT WOODS MANOR CONDOMINIUMS PRAIAS BRANCAS SERRA DEGLI ALIMINI 1 THE RIDGE SIERRA YELLOWSTONE VILLAGE

132 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort Resorts With 250 - 499 Members CASITAS DEL MONTE DAYS INN OCEAN VILLAGE GREAT GLEN WATER PARK CLUB Resorts With Members CASTLEBURN PINAMAR GREEN HOUSE CATHEDRAL LEDGE RESORT D'CHALET GUANAHANI VILLAGE Numbering 250 - 499 CEDAR VILLAGE DELRAY BEACH CLUB GULF STREAM BEACH RESORT CEDARBROOK DESERT SPRINGS VILLAS GULF TIDES OF LONGBOAT KEY ADRIATIC VILLA CENTRO VACANZE VERONZA DIAMOND CAVERNS RESORT & GULFSTREAM MANOR AEOLOS BEACH CLUB CHAKAS ROCK CHALETS GOLF CLUB HACIENDA SANTA VERONICA ALDEA ANDINA CHAMPAGNE SPORTS RESORTS DIAMOND CLUB LA CUMBRE HAKUSAN VILLAGE GOLF CLUB ALFAGAR VILLAGE CHARTER CLUB RESORT ON DIAMOND CLUB MARITIMA COTTAGE ALFAZ PARADISE CLUB NAPLES BAY DIVI VACATION CLUB HAMILTON HARBOR ALTO GOLF AND COUNTRY CLUB CHATEAU DALE BEACH RESORT DOGWOOD HILLS AT ALPINE BAY +HAVASU DUNES RESORT AMPALIUS CHATEAU ORLEANS DRAKENSBERG SUN HAZEL GREEN VILLAGE ANEZINA VILLAGE CHERRY ORCHARD TIMESHARE DREAM VACATION CLUB HEAVENLY VALLEY TOWNHOUSES ANFI PALACE MUERREN CHOICES HOLIDAY CLUB - GOLD DUNES SOUTH HERITAGE RESORTS CLUB PLAYA ANGEL FIRE CABIN SHARE CHURCH STREET INN DURBAN SANDS REAL ANGEL GRANDIA CLASSIC NARROWBOATS DUTA VISTA EXECUTIVE SUITES HESPERIA VACATION CLUB ECHIGO-NAKAZATO AT BARTON TURNS EAST CANYON RESORT HIDEAWAY BEACH DOMINICAN ANGRA INN RESORT CLUB ALGAIDA EAST PINES AT ALPINE BAY REPUBLIC APARTAMENTOS EL CANO CLUB ATLAS (NOU ESPAI 1) EASY LIFE CLUB (GONDTALAN HIDEAWAY SANDS RESORT APARTAMENTOS PUEBLO CLUB BRITANNIA ELET) HIGH GATE NIVERTTE CANARIO CLUB CALIDA AT LA MANGA ECOPLAYA BEACH RESORT HILTON DUNKELD APOLLO THERMAL APARTMENTS CLUB CALIDA AT MAR MENOR EDGEWATER BEACH CLUB HOLIDAY CLUB CALAHONDA ARABESQUE CLUB CARIBBEAN EDGEWATER CLUB HOLIDAY CLUB PUNKAHARJU ASEANIA RESORTS CLUB COLOMBO HOTEL EHDEN COUNTRY CLUB HOLIDAY CLUB YLLAS 2 ASPEN VACATION CONDOMINIUMS QUELLENHOF EL PALMERAL BEACH CLUB I HOLIDAY RESIDENCE WARMBAD ATALAYA TOWERS CLUB EXCELSIOR 2 EL RETIRO HOLIDAY CLUB HOLIDAY SHORES ATLANTIC BEACH CLUB CLUB FERRERA PLAYA ELITE APARTMENTS AT FAIRWAYS HOLLYWOOD SANDS RESORT ATLANTIC CLUB CAMPANARIO CLUB HOTEL CASAPUEBLO CLUB HONKA HOLIDAY AHTARI CALAHONDA CLUB HOTEL LAS DUNAS ELITE FUERTEVENTURA CLUB HONO KOA RESORT ATLANTIC RESORTS CLUB LA COSTA AT BENAL BEACH ELLIOTT AT VALE DO LOBO HOT SPRINGS VILLAGE ATLANTIC TERRACE CLUB LA COSTA AT MARINA EMERALD SEAS HOTEL DE LA MONNAIE AVALON DORADA ENDLESS MOUNTAIN RESORT HOTEL LAS PALMAS BEACH +AVENUE PLAZA RESORT AND CLUB LA RIVIERA ERLENBRUCK RESORT PRO SPA CLUB LA SANTA ESCAPES! TO BRANSON YACHT HOTEL MARINAS TAMANDARE BAHIA DEL SOL BEACH RESORT * CLUB LAGO VERDE CLUB HOTEL MIRAMONTI BAREFOOT'N IN THE KEYS CLUB LANZAMAR ESCAPES! TO CHEROKEE VILLAGE HOTEL ROYAL CROWN AT OLD TOWN CLUB LAS ADELFAS ESTERO ISLAND BEACH CLUB HOTEL SUPER RESORT BUENOS BAYVIEW CLUB AT EL PRESIDENTE CLUB LAS ADELFAS II +FAIRFIELD SAPPHIRE VALLEY AIRES BEACON ISLAND HOTEL CLUB LAS VISTAS FAIRWAYS OF THE HOTEL VILLAGGIO CALA CORVINO BERKSHIRE BEACH CLUB CLUB MYKONOS MOUNTAINS/LAKE LURE HOTEL VILLAS DORADAS BEACH BERKSHIRE ON THE OCEAN CLUB OASIS AT EL CAPISTRANO FATOR PALACE HOTEL RESORT BIRCHCLIFF VILLAS AT DEERHURST CLUB ORLANDO VACATION FERIENCLUB LUFTKURORT HOTEL Y CLUB VILLA DE LA PLATA RST RESORT MITTERFELS HOWARD JOHNSON BLUE MARINE RESIDENCE CLUB ORTANIQUE AT BEACHES FERIENCLUB SCHLOSSLHOF MEDITERRANEA SUITES BOARDWALK ONE GRAND FERIENCLUB TIROLENSIS HTL PZA.PELICANOS GRAND BODIE ISLAND BEACH CLUB CLUB PLAYA FLORES FERIENPARK OBERALLGAEU BEACH S/I BON TEMPS VILLAGE CLUB REGENCY AT REGENCY FIESTA DE CORTEZ HURGHADA PARADISE BONITA RESORT & CLUB TOWERS FIJI PALMS ILGAZ MOUNTAIN RESORT BREAKERS CLUB SERENIA FISHERMEN'S VILLAGE RESORT ILSUNG LEISURE INDUSTRY BRIGANTINE BEACH CLUB CLUB TISAYA GOLF CLUB INCLUB PALMERAIE BUGIBBA HOLIDAY COMPLEX CLUB TRINIDAD FLAMINGO VALLARTA HOTEL & INDIES SUITES BUSSELTON BEACH RESORT CLUBE VILAROSA MARINA INGLESES HOLIDAY RESORT CABANA BEACH COLUMBUS IMPERIAL CLUB FLORIDA BAY CLUB INN AT SILVERCREEK CABANAS GOLDEN CLUB COMPLEXE KSAR AL RIMAL FORTIN DE LAS FLORES RESORT ISLAND BREEZE RESORT CALINDA VIVA CANCUN CONCEPTS VACATION CLUB - CLUB ISLAND MANOR RESORT CALINI BEACH CLUB HMI/LGM FOUR WINDS OF LONGBOAT KEY ISLAND TOWERS CAMBRILS PARK CONDO - QUEBEC AU SCANDINAVE FUYO DAIICHI HOTEL JADE TREE COVE CAMELOT BY THE SEA CONDOCLUB CORAL CUERNAVACA GAMBOA RAINFOREST RESORT JAMAICAN ON THE GULF CAMPANARIO DE CALAHONDA CONDOMINIOS ISLAS DEL SOL GEMINIS APART HOTEL JAMES STEPHEN RESORT VILLAGE CANALTIME AT PEARTREE BRIDGE *CORAL COSTA CARIBE GOLDEN EAGLE RESORT JARDIN DE AMADORES CANALTIME BLACKWATER CORAL IXTAPA GOLDEN SHORES HOLIDAY CLUB JARDINES DE LA HACIENDA MEADOW MARINA CORAL KEY BEACH RESORT GOLF CLUB VILLAS AT BIG CANOE JARDINES DEL PUERTO CANALTIME:BRADFORD UPON CORAL SANDS RESORT GOLF PARK JAUSIERS VACANCES AVON MARINA CORAL SHORES RESORT GOLF- UND FERIENCLUB AMADEUS JERUSALEM GOLD CANALTIME@ NOTTINGHAM CORAL SUITES HOTEL & RESORT GRAND SUMMIT RESORT HOTEL, JORDAN GRAND HOTEL CASTLE MARINA CORAL TIDES CONDOMINIUMS ATTITASH AT SUNDAY RIVER CAPISTRANO SURFSIDE INN CORFU RESIDENCE GRAND SUMMIT RESORT HOTEL, KAIMANAWA LODGE CARIBBEAN BEACH CLUB COSTA DEL SALENTO VILLAGE MT. SNOW KENTINGTON RESORT CARIHUELA PARK-PALACE COTTAGES DE LONVILLIERS GRAND VELAS ALL SUITES & SPA KILLINGTON GRAND HOTEL & CARLTON GRAND HOTEL CRANE BEACH RESORT RESORT CROWN CLUB CARVYNICK COTTAGES CRESTWOOD RESORT GRANDVISTA VACATION SUITES KINGSTON COVE CASA YBEL RESORT CWM CHWEFRU COUNTRY @ TUNICA KONA BILLFISHER CASINOMAR COTTAGES GRANGESISES KRUGER PARK LODGE

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 133 Resorts With 250 - 499 Members LA BOCA CASA BY THE OCEAN NAHUEL MAPU REGENCY HEIGHTS AT NEPTUNO STRAND PAVILION LA CASA DEL SOL NATURLAND DOGAL YASAM REGINA BEACH STRATFORD CT NARROWBOATS LA JOLLA DE LOS CABOS BELDESI RES I DELFINI DI PUGNOCHIUSO @ EVESHAM LA LUNA NICOLET SHORES RESIDENCE AMINA STREAMSIDE AT VAIL - ASPEN LA MONTA#A BEACH RESORT NOB HILL INN RESIDENCE BORGO AL SOLE STREAMSIDE AT VAIL - CEDAR LA QUINTA PARK NORTH HARBOR III RESIDENCE CAMPOROSSO II STREAMSIDE AT VAIL - DOUGLAS LA RINCONADA SANTA FE OCCIDENTAL ALLEGRO COZUMEL RESIDENCE CAPO D'ORSO MARINA SUN CITY VACATION CLUB LAGO VISTA AT BUENAVENTURA OCCIDENTAL ALLEGRO PLAYACAR RESIDENCE IL VIGO DI MARILLEVA SUN CLUB VILLAS PLAZA VALLARTA LAKES OCCIDENTAL CARIBBEAN VILLAGE RESIDENCE LA SPLAZA SUN CLUB/CONTINENTAL PLAZA LAGUNA SHORES CANCUN RESIDENCE LAURIN PLAYACAR LAHAINA INN RESORT OCEAN BEACH CLUB RESIDENCE MASSENA SUN CLUB/CONTINENTAL PZA. LAKE ARROWHEAD CHALETS OCEAN PALMS RESORT AT PORT RESIDENCE MONT-CALME VERACRUZ LAKE CARLOS VILLAS ROYAL RESIDENCE RIO FALZE' SUN LODGE OF ANGEL FIRE LAKE CHELAN SHORES OCEAN TOWERS BEACH CLUB RESIDENZA BOUGANVILLE SUN VILLAGE LAKE MARION RESORT AND OCEAN VILLAS BEACH & RESIDENZA LORICA SUNBURST CONDOMINIUMS MARINA RACQUET CLUB RESORT SIXTY-SIX SUNDIAL AT MUSTANG TOWERS LAKE SHORE VILLAGE RESORT OCEAN VILLAS II RIVER RESORT SUNRISE BAY RESORT & CLUB LAKEVIEW MANOR CLUB OCEANSIDE 99 ROCKLEY PLUMTREE CLUB SUNTERRA BENT CREEK GOLF LAS MIMOSAS BEACH CLUB OKAWA BAY LAKE RESORT ROYAL BALI BEACH CLUB VILLAGE LAS TERRAZAS DE CALA CODOLAR OLYMPIAN PALMS RESORT CLUB @ JIMBARAN BAY SUNTERRA RESORTS GRAND LAUREL SPRINGS RESORT ORO NEGRO CLUB ROYAL BANON RESORTS BEACH LE BARCHESSE DI VILLA CORNER OTRA VEZ EN SANTA FE ROYAL GARDENS AT SUNSET SURF PLAZA LE PACHA RESORT PACIFIC GROVE PLAZA BEACH CLUB SUTTON HALL TIMESHARE CLUB LEISURE CLUB INT'L AT PADRE PACIFIC PALACE VACATION CLUB ROYAL HOLIDAY BEACH RESORT SWALLOWTAIL @ SEA PINES ISLAND PACIFIC PALMS ROYAL LIGHTHOUSE VILLAS SWISS-BELHOTEL BALI AGA LES CRETES-EUROLOISIRS PACIFIC VIEW RESORT @ BOAT LAGOON TABLE ROCK RESORT LEVI-RAKKAVAARA CLUB 1 PAIHUEN ROYAL PALACE HOTEL TAHKOVUORI LIGHTHOUSE POINT VILLAS PALACE RESIDENCE 2 ROYAL WOODS COUNTRY CLUB TAHOE CHAPARRAL LITTLE GULL PALACE RESIDENCE I SABI RIVER SUN TAHOE SUMMIT VILLAGE LONG BEACH CLUB PALACE VACATIONS INT'L SAMLIP DEVELOPMENT CO TAI-PAN HOTEL LUNA PALACE PALM GARDENS SAND ACRES BEACH CLUB TAUPO IKA NUI MACDONALD CRAIGELLACHIE PARADISE HILL HOTEL ZHUHAI SAND CLUB TAYLORSVILLE LAKE RESORT CHALETS PARADISE ISLE RESORT SAND DUNE SHORES RESORT TEXAS TIMESHARE IN LAKEWAY MAEVA CLUBHOTEL PLAGNE PARADISO MARE RESORT SANDCASTLE BEACH CLUB THE AMBASSADOR CLUB BELLECOTE PARK AVENUE CONDOMINIUMS SANDPIPER BEACH CLUB THE ASPEN AND ASPEN VILLAGE MAEVA INTER RESIDENCES TIGNES PARK HOTEL CONDOMINIUMS SANDS VACATION RESORT THE BEACH CONDOMINIUM MALAMA BEACH CLUB PARK LANE SANDS VILLA RESORT THE BETHEL INN & COUNTRY MANGO TREE VACATION CLUB +PARK PLAZA SANDY POINT BEACH RESORT CLUB AT CALYPSO PARQUE DEL SOL BEACH CLUB SANDY SHORES III THE BURNSIDE PARK OWNERS MARBELLAMAR RESORT & BEACH PASSAGE HOUSE CLUB HOTEL SANTANA RESORT CLUB CLUB CLUB PATONG TOWER CONDOMINIUM SARKKAIN LOMAPARATIISI THE CARIBBEAN PRINCESS RST.& MARCO RESORT & CLUB PATONG TOWER TRIAL SCHLOSS GRUBHOF YACHT MARDI GRAS MANOR I MEMBERSHIP SCIOTA VILLAGE AT BIG VALLEY THE CLUB OF CAPE COD MARGARITA OMNI PENTHOUSE BEACH CLUB SEA OATS BEACH CLUB THE HAMILTONIAN HOTEL/ MARGES TIEMPO COMPARTIDO PERLE VENEZIANE SEA PINES PLANTATION ISLAND CLUB MARINA DEL SOL CONDOMINIUM PETERSON'S WATERFRONT RESORT SEAWATCH ON THE BEACH THE HARWICH PORT MARINA VILLAGE PIER 21 RESORT SHAWNEE'S ISLAND GULF RESORT + THE INN AT SILVER LAKES AT SNUG HARBOR PINE ACRES LODGE SHORELINE TOWERS THE KENMORE CLUB MARINERS NEGRIL BEACH CLUB PLANTATION BEACH CLUB / SHUSWAP LAKES RESORT CLUB THE KIMBALL MARRAKECH PALM CLUB SOUTH SEAS SIESTA CLUB HOTEL THE LAKESIDE VILLAS MARSH HARBOUR GOLF & YACHT PLAYA EL AGUA BEACH HOTEL SIMENA VILLAS THE OCEAN CLUB VILLAS CLUB PLAYA GOLF SKI VIEW MOUNTAIN RESORT THE OCEAN CLUB WATERVIEW MAUI SUNSET PORTO RIO HOTEL SKIERS LODGE APARTMENTS MEADOW LAKE GOLF AND SKI PORTOFINO EST RESIDENCE SKYLINE RANCH RESORT THE PANTGLAS OWNERS CLUB RESORT PORTOLACONIA RESIDENCE SNOW LAKE LODGE THE PARK SUITES MEDEWI BAY RETREAT PORTSONACHAN COUNTRY CLUB SNOWMASS INN THE PENINSULA MEDINA DEL ZOCO POSADA LA ERMITA SOLANAS COUNTRY CLUB THE PINES AT ALPINE BAY MELFORT VILLAGE POUSADA DA CONDESSA SOLAR CLUB HOTEL THE PINES RESORT MENA HOUSE CLUB POWDER RIDGE VILLAGE SOUTH BEACH I RESORT THE REEF OCEAN RESORT MERRIWEATHER RESORT POWELL PLACE CITY/SHARE SPICEBUSH @ SEA PINES THE RIDGE ON LAKE GRANBURY METROPOLITAN CAPSIS HOLIDAY PUCON II SPORTING HOTEL PALUMBALZA THE RIDGE TAHOE CLUB PUERTO COLON CLUB SPORTING HOTEL TANCA MANNA THE ROYAL PALM CLUB MIKAWAWAN RESORT LINX PUNTA GOLETA VACATION CLUB ST DAVIDS VACATION CLUB THE SEAPOINTER MIRABELLO VILLAGE QUINTA SPLENDIDA JARDIM ST IVES ON SHUSWAP THE SEASONS MONTE CARVOEIRO CLUBE BOTANICO ST MELLION GOLF & COUNTRY THE SHORES MONTE ROSA HOTEL & COUNTRY RADISSON SAS BAY POINT RESORT CLUB + THE SHORES AT LAKE TRAVIS CLUB RADIUM VALLEY VACATION STELLA HURGHADA THE SUITES AT EASTERN SLOPE INN MORRO DO SOL RESORT STERLING DAYS INN ELK HILL THE VILLAGE AT PALMETTO MOUNTAIN MEADOWS RAMS HORN VILLAGE RESORT STERLING DAYS INN LAKE VIEW DUNES MOUNTAIN VIEW AT CROWN RANCHO RUIDOSO STONEGATE THE VILLAS OF FOXWOOD HILLS RIDGE RESORT CONDOMINIUMS STONY COURT AT BRYCE THE WAVES MTO AT MIJAS GOLF RANIA BEACH RESORT MOUNTAIN THUNDER MOUNTAIN MWEMBE RESORT REGENCY BEACH CLUB STOUTS HILL CONDOMINIUM

134 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort Resorts With 250 - 499 Members TIARA DEL SOL CONDOMINIUMS ACUARIUM SUITE RESORT CLUB DELTA MAR + FF HARBOUR / WINDJAMMER TIEMPO COMPARTIDO AVANDARO AKELD MANOR AND COUNTRY CLUB DONATELLO VILLAS I TIMBER RUN CLUB CLUB HOTEL CATEDRAL + FF HARBOUR / WINDJAMMER TIMESHARE VAUGRENIER ALBATROS BEACH CLUB AND CLUB HOTEL DUT BARILOCHE VILLAS II TLC ITO POWELL HOTEL CLUB INTERNACIONAL FLAMINGO BEACH RESORT TOWNCENTER AT JACKSON HOLE ALBIR GARDEN DE CANCUN FLEXI POINT MEMBERS CLUB, LTD. TREASURE ISLAND ALII KAI RESORT CLUB LA COSTA AT MARINA DEL + FONTANA VILLAGE TREGENNA COUNTRY CLUB ALPINE CLUB REY FOREST GLEN INN TROPICANA SUR ALPINE CREST/RESORT CLUB OF CLUB LA COSTA AT MARINA PARK FORT BROWN CONDO SHARES TVC CLUB HELEN CLUB LA COSTA AT SIERRA MARINA FOUR SEASONS ON THE GULF UMBRELLA BEACH RESORT ALTAMIRA CLUB CLUB LOS MOLINOS FRENCH RIDGE CONDOMINIUMS URBANIZACION SAN FERNANDO ALTO LIDO OF MADEIRA CLUB MAEVA MIRAMAR FUERTEVENTURA BEACH CLUB UTOPIA INTERNATIONAL CLUB ALTO MANTAGUA CLUB MARINA MAR EN PUERTO GALLEON BAY CLUB +VACATION CLUB & RESORT OF ALVOR BEACH CLUB AVENTURAS GARDEN CITY HOTEL & RESORT HERSHEY ANCHORAGE RESORT AND YACHT CLUB MARTIANEZ GARDENIA SHARM RESORT VACATION CLUB INTERNATIONAL CLUB CLUB MONTECASTILLO GEMUENDER FERIENWOHNPARK VENTURA AT BOCA RATON ANTIGUA VILLAGE BEACH CLUB CLUB NOOSA SALZBERG VIA ROMA BEACH RESORT APARTHOTEL CERRO ALAGOA CLUB OASIS @ JIMBARAN HILLS GOVINO BAY VICTOR VILLAGE RESIDENCE CLUB APARTHOTEL HEVIZ CLUB PAIHIA GRAIG PARK VILLAGE AND VILA MAGNA BELLAVISTA AVENIDA APPLE MOUNTAIN RESORT CLUB PARQUE MESA DEL MAR COUNTRY CLUB VILA MAGNA-ALBUFEIRA JARDIM APPLE VALLEY RESORT CLUB PUEBLO CANARIO II GRAND SHORES WEST VILLA EL GRIEGO RESORT AQUAMARINE VILLAS CLUB PYLA BEACH RESORT GRAND SUMMIT RESORT VILLA L'AUBERGE ATLAS POINTS CLUB CLUB REGENCY OF MARCO ISLAND @ SUNDAY RIVER VILLA VARADERO BAHIA AZUL CLUB SOL DEL ESTE GREEN BLUE HOUSES VILLAGE BY THE GULF BAHIA ESCONDIDA CLUB TARAHAL GREENHOUSE AT FERNWOOD VILLAGE CASCAIS SUITE HOTEL BALAIA PARK CLUB VACANCES MAGOG GURNEY'S INN RESORT & SPA VILLAGE OF LOON MOUNTAIN BALBOA TOWERS CLUB VISTA SERENA HABITAT CALGARY ´88 CONDOS BAREFOOT CONDOMINIUMS +COCONUT MALORIE HARBOR HILL VILLAGE RESORT BARRIER ISLAND'S OCEAN PINES COMMODORE BEACH CLUB HARBORTOWN POINT MARINA VIVA CLUB BEACH CORAL REEF BEACH RESORT RST & CLUB VIVA DOMINICUS BEACH BAY CLUB OF SANDESTIN CORAL REEF RESORT HARDER HALL LAKESIDE VILLAS VIVA DOMINICUS PALACE BEACH HOUSE GOLF & RACQUET CORONADA VACATION VILLAGE HERITAGE RESORTS MI JARDIN VOYAGER CLUB COSTA DEL SOL RESORT HIAWATHA MANOR @ LAKE TANSI WAVE CREST BEAVER FOREST CHALET VILLAS COUNTRY CLUB VILLAS VILLAGE WESTWIND CLUB BERKSHIRE BY THE SEA COUNTRY HIDEAWAY HIGH SIERRA WHISKI JACK AT NORTHSTAR BEST WESTERN MARGARITA AT MOUNTAIN LAKES HILLCREST LAKE VILLAS WHISKI JACK AT THE ASPENS DYNASTY COUNTRY VILLAGE AT JIMINY HILTON COYLUMBRIDGE WHISKI JACK AT THE CASCADE BOUGAINVILLEA BEACH RESORT PEAK HIPPOCAMPUS VILLAS RESORT LODGE BRANTRIDGE PARK CROWN POINT CONDOMINIUMS HOLIDAY BEACH RESORT- DESTIN WHISKI JACK BREEZY SHORES RESORT & BEACH CROWN RIDGE RESORT HOLIDAY BEACH RESORT- AT THE WHISTLERVIEW CLUB DEDEMAN OLIVE TREE SOUNDSIDE WHISKI JACK BRIARWOOD DEERCREEK HOLIDAY CLUB AIRISTO AT VILLAGE GATE HOUSE BUSBY MANOR DELFIN VAC. CLUB AT HOLIDAY INN HOLIDAY CLUB RUKA WHISKI JACK AT WHISTLER CREEK BUZIOS MEGA RESORT BAUEN DELPHOS APART HOTEL HOLIDAY CLUB RUKA LOMA WHISKI JACK HOTEIS + DESERT BREEZES TIMESHARE HOLIDAY CLUB SALLA AT WHISTLER TOWN PLAZA CAMEL'S SPRING CLUB RESORT HOLIDAY VACATION WHISKI JACK WHISTLER VILLAGE CAMERON HOUSE DESERT ISLE OF PALM SPRINGS CONDOMINIUMS CENTRE CANALTIME AT UNION WHARF DESERT VACATION VILLAS HOLLYWOOD BEACH RESORT WHISPERING WOODS CAPE COD HOLIDAY ESTATES DIAMOND CLUB CALYPSO HOTEL ALASKA WHITBARROW VILLAGE CAPRI WATERS COUNTRY CLUB DISCOVERY VACATION CLUB HOTEL LA PERLA MARGARITA WHITE SANDS RESORT CLUB CARPEDIEM ROMA GOLF CLUB DIVI DUTCH VILLAGE RESORT WILDCAT TOWNHOUSE RESORT CASA BLANCA RESORT DIVI SOUTHWINDS BEACH & HOTEL LES JUMEAUX WINDERMERE MARINA VILLAGE CATALINA BEACH CLUB RACQUET CLB HOTEL ON THE CAY WINDJAMMER LANDING VILLA CEDAR LAKE COUNTRY RESORT & DOLPHIN BEACH CLUB HOTEL ROYAL BEACH RST EQUESTR DON PANCHO BEACH RESORT HOTEL SUN MARINA TAMANIWA WINDJAMMER RESORT & BEACH CENTRO SOLARIA DRIFTWOOD BEACH CLUB I CIELI DI ROMA CLUB CHANNEL ISLAND SHORES EAGLE'S NEST IMPERIAL INT'L VACATION CLUB WINDY SHORES II CHARLOTTE BAY RESORT & CLUB EGRETS POINTE TOWNHOUSES IMPERIAL SUITES WOLF CREEK VILLAGE CHATEAU LEGRAND EL PALMAR HOLIDAY CLUB INDIAN PEAKS WORLD INTERNATIONAL CHETOLA RESORT EL PALMERAL BEACH CLUB II INDIAN WELLS CONDOSHARE VACATION CLUB CIRCLE J CLUB AT JEREMY RANCH ELITE APARTMENTS AT PUEBLO INGLESIDE RESORT WYCHNOR PARK COUNTRY CLUB CLOVER CLUB EVITA INVERNESS AT DEL LAGO ZARZAS CLOVER RIDGE ELKHORN RESORT IRIA MARE HOLIDAY CLUB CLUB ALEGRIA +ELYSIAN BEACH RESORT ISLAND CLUB OCEAN VIEW CLUB AMBASSADOR PARQUE EMERALD ISLE CONDOMINIUMS ISLAND LINKS RESORT FARRAIS ESTIVAL PARK ISLAND PARK VILLAGE RESORT Resorts With Members CLUB APHRODITE AT ERIMI ESTURION DE MONTOYA I.R. ISLAND RESORT & GOLF CLUB GARDENS +FAIRFIELD OCEAN RIDGE ISLAND VILLAGE CLUB Numbering 500 - 999 CLUB BALI @ JAYAKARTA BALI +FAIRFIELD PLANTATION JACKSON HOLE RACQUET CLUB RESIDENCE +FAIRFIELD WESTWINDS AT MYRTLE JUPITER REEF CLUB A PLACE @ THE BEACH - CLUB BALI HAI MOOREA BEACH KAMAOLE BEACH CLUB WINDY HILL CLUB CALA DE MAR FANTASY ISLAND RESORT KILLINGTON TOWNHOUSES ABBAZIA COUNTRY CLUB CLUB DEDEMAN BODRUM EVLERI FERIENCLUB BELLEVUE KINGFISHER INN

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 135 Resorts With 500 - 999 Members KOHL'S RANCH LODGE NOVA FERIENPLUS ROYAL MAYAN SWAN MOUNTAIN RESORT KONA COAST RESORT II OCCIDENTAL ALLEGRO PUNTA ROYAL OASIS CLUB AT BENAL SWISS-GARDEN INT'L VACATION KORORA BAY VILLAGE CANA BEACH CLUB LA DORADA NOVELTY OCCIDENTAL GRAND ARUBA ROYAL OASIS CLUB AT LA QUINTA TABLE ROCK LANDING ON HOLI- LA RINCONADA TEQUISQUIAPAN OCCIDENTAL GRAND NUEVO ROYAL ORCHID DAY ISL LA TRUCHA AZUL VALLARTA ROYAL PALMS TENERIFE SUN CLUB LA VISTA OCEAN SANDS BEACH CLUB ROYAL REEF KARMINA PALACE THE ALLEN HOUSE CLUB LAGONITA LODGE RESORT OCEANCLIFF I & II ROYAL REGENCY + THE BAY VOYAGE LAGUNA MARINA CLUB OCEANTIME ROYAL RESERVE SAFARI & BEACH THE BRIGHT RESORT LAKE EDGE RESORT (VIC) OLYMPIA VACATION OWNERS CLUB THE COLONNADE LAKE PLACID CLUB LODGES ORANGE COUNTY RESORT ROYAL VACATION SUITES THE COLONY LAKE TARA TOWNHOUSE III ORLANDO'S SUNSHINE RESORT ROYALTY CLUB THE CUMBERLAND LORNE LAKEVIEW COUNTRY CLUB OROFINO BY STRAIGHT CREEK RUPU PEHUEN THE EDINBURGH RESIDENCE LAKO MAI ISLAND RESORT OWNERS CLUB SABAL PALMS THE FFORT HOLIDAY KLUB LANGDALE PACIFIC SHORES NATURE RESORT SAN CLEMENTE COVE THE GOLDEN STRAND LAS CASITAS PACIFICA GOLF SAN DIEGO COUNTRY ESTATES THE HIGHLANDS AT SUGAR LAS DUENAS BEACH RESORT PAHIO AT THE SHEARWATER SAN FELIPE RESORT THE KENNEDY STRAND LAS OLAS BEACH CLUB PALM BEACH RESORT & BEACH SAND AND SURF CONDOMINIUM THE KONA COAST RESORT OF COCOA BEACH CLUB SANDCASTLE COVE THE KULEANA CLUB LAS ROSAS PALMA REAL HOTEL Y VILLAS SANDCASTLE VILLAGE II THE LEGACY GOLF RESORT LE BAITE DI ALPIAZ PALMACAOBA CONDOMINIO SANDS OF INDIAN WELLS THE LODGE MONTECAMPIONE PANAMA CITY RESORT & CLUB SANDSTONE CREEK CLUB THE LODGE AT HORSESHOE LEGENDS RESORT & COUNTRY PARAISO DEL MAR SANDY POINT BEACH CLUB RESORT CLUB + PEPPERTREE ATLANTIC BEACH III SANDY SHORES CONDOMINIUMS THE LODGE AT LAKE TAHOE LES VILLAS AT LE MERIDIEN + PEPPERTREE VACATION CLUB SANDYPORT BEACHES RESORT THE MADEIRA REGENCY PALACE L'HOTELS INTL CLUB VILLAS SARASOTA SANDS THE MAKAI CLUB COTTAGES LINDO MAR RESORT PEREGRINE TOWNHOMES SCHOONER LANDING THE NATIVE SUN LISCIA ELDI RESIDENCE @ SAN LUIS PASS SEA CLUB IV THE OSBORNE CLUB LOTUS SUITES GOA PERGOLA HOLIDAY & LEISURE SEA CLUB V + THE PARK REGENCY LUCAYAN CLUB SEA MIST RESORT OF MAINE THE PINES AT MEADOW RIDGE MACDONALD DALFABER RESORT PETIT CREST VILLAS AT BIG CANOE SEA SIDE BEACH CLUB * THE PINES AT TREETOP MACDONALD ELMERS COURT PETNEHAZY CLUB HOTEL SEA TIME CONDOMINIUMS RESORT PIANETA MARATEA SEASHELLS BEACHFRONT RESORT + THE PLAZA RESORT AND SPA MACDONALD LEILA PLAYA RESORT PILIO HOLIDAY CLUB SELECT VACATION CLUB THE QUARTER HOUSE MACDONALD LOCH RANNOCH PINE CLIFFS RESORT SENEDO SPRINGS THE REGENCY COUNTRY CLUB RESORT PINE LAKE RESORT SEVEN SEAS RESORT CONDO THE ROYAL HARBOUR RESORT MACDONALD PLAS TALGARTH PINECLIFF VILLAGE SHANTY CREEK LODGES THE SEASONS RESORT RESORT PINECREST TOWNHOMES SHERATON MORIAH EILAT THE SUMMIT MACDONALD VILLACANA RESORT PLAYA NACO GOLF & TENNIS SILVER SANDS RESORT THE SURF CLUB RESORT MAEVA CLUBHOTEL MARAZUL RESORT SILVER SEAS THE VILLAGE DEL SUR PLAYA PARK CLUB SILVERADO II THE VILLAGE GREEN AT STOWE MAGENS BAY VILLAS CLUB PORT ELSEWHERE SILVERLEAF'S LAKE O' THE WOODS THE VILLAGE HOLIDAY CLUB AT MAGENS PORTES DU SOLEIL SKI SIDE VILLAGE THE VILLAGE INN AT PORTO MAISON PIERRE LAFITTE PORTO HYDRA HOTEL SKIER'S EDGE CARRAS MALOLO LAILAI LAGOON RESORT PORTOBELO SMOKETREE LODGE THE WHARF CLUB PRAIA DAS CARAVELAS SMUGGLER'S COVE RESORT THE WINDJAMMER MANSFIELD COUNTRY RESORT PUEBLO LAGUNA BEACH CLUB II SOUTHCAPE RESORT AND CLUB THE WINDRIFTER MARCO POLO CLUB ALPINA PUNTA DEL ESTE GOLDEN BEACH SOUTHWIND II THE WREN + MARCUS VACATION CLUB QUALITY VACATION CLUB (QVC) ST JAMES PLACE THURNHAM HALL @ GRAND GENEVA QUALTON CLUB & SPA VALLARTA STALLION SPRINGS RESORT TIERRA VERDE YACHT & TENNIS MARGABELLA SUITES RAYBURN COUNTRY STERLING DAYS INN DARJEELING RESORT MARGARITA CARIBE HOTEL REEF CLUB COZUMEL STERLING DAYS INN MUNNAR TORRE INSERRAGLIO - RESORT RESIDENCE KARIBUNI STERLING DAYS INN MUSSOORIE I TRAMONTI MARINA DEL REY BEACH CLUB RESORT COUNTRY CLUB STERLING DAYS INN VALLEY VIEW TORRENUEVA PARK MARINA PALACE RESORTS WEST VACATION CLUB STERLING DAYS INN, PURI TOSHALI ROYAL VIEW MARINE COVE RESORT RIPTIDE BEACH CLUB STRATFORD CT NARROWBOATS: TRAC INTERNATIONAL VACATION MELIA VAC.CLUB AT MELIA CABO RIPTIDE II BEACH CLUB STRATFORD CLUB REAL RISATA BALI RESORT & SPA SUMMER PLACE TRADERS INN BEACH CLUB MELIA VAC.CLUB AT MELIA RIVER RUN CONDOMINIUMS SUN CLUB PZA. LAS GLORIAS TREASURE ISLAND BEACH CLUB P.VALLARTA RIVER VIEW RESORT COZUMEL TROPICAL SANDS RESORT MIRAFLORES VACATION CLUB RIVER VILLAGE I - SHAWNEE SUN CLUB&PLAZA LAS GLORIAS TURTLE INN MIRETTE TOURISTIC VILLAGE RIVERVIEW RESORT CONDOMINIUM PARAISO TURTLE REEF CLUB + MIRROR LAKE RESORT RIVIERA BEACH RESORT IXTAPA SUN CLUB/PZA.LAS GLORIAS SN TYBRISA BEACH RESORT MISTRA VILLAGE COMPLEX ROCA PARK CARLOS TYNE BEACH TERRACE MORRITT'S GRAND RESORT ROCKAWAY BEACH RESORT SUN PACIFIC VILLAS UMHLANGA SANDS HOTEL MOUNTAIN RETREAT ROSARITO BEACH VACATION SUNNINGDALE VILLAGE @ CLUB VACACIONES MUNDIALES MROP SUITES LA COSTA VACATION CLUB MURRAY VALLEY RESORT ROYAL ALPAGE CLUB SUNSET VIEW CLUB VACATION TIME CONDOMINIUMS MUSTANG ISLAND BEACH CLUB ROYAL BALI BEACH CLUB SUNTERRA PACIFIC @ VICC NEWPORT BAY CLUB & HOTEL @ CANDIDASA SUNTERRA VILLAS DE SANTA FE VAIL RUN RESORT + NEWPORT OVERLOOK ROYAL CARAIBES SUNTIDE ISLAND BEACH CLUB VANDERBILT BEACH & HARBOUR NIPA BEACH RESORT ROYAL HAWAIIAN ADVENTURE SURFERS ROYALE CLUB NORTH PIER OCEAN VILLAS CLUB SUTHERLAND CROSSING VILLA KITAKARUIZAWA L WING

136 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort Resorts With 500 - 999 Members VILLAGE CARAIBE TENNIS BARCLAY TOWERS CLUB JARDINES PARAISOL EGRET POINT BY SPINNAKER GOLF&BCH RST BARNSDALE COUNTRY CLUB CLUB LA COSTA AT LAS FAROLAS EL MARQUES VILLAGE OF WINNIPESAUKEE BARRIER ISLAND STATION - CLUB LA COSTA AT MARINA DEL EL MORO TOWER EL CID VILLAS AT SUMMER BAY KITTY HAWK SOL AT MAZATLAN VILLAS DE PAMPATAR BARRIER ISLAND STATION-DUCK CLUB LA COSTA OPTIONS EMBASSY VACATION RESORT VILLAS JAZMIN EN COSTAMBAR BEACH HOUSE SEASIDE RESORT CLUB LA COSTA VACATION CLUB @ KAANAPALI VILLAS OF OCEAN PINES BEACHCOMBER INTERNATIONAL CLUB LA PENSION EMBASSY VACATION RESORT VILLAS ON THE LAKE RESORT CLUB LAND 'OR "A LAND'OR INT'L LAKE TAHOE VILLEA VILLAGE BELAIR BEACH HOTEL RST" EMBASSY VACATION RESORT VINTAGE LANDING CONDOMINIUMS BELLBRAE COUNTRY CLUB CLUB MAEVA POIPU POINT VISTA AMADORES + BENTLEY BROOK MOUNTAIN CLUB CLUB MAHINDRA EMBASSY VACATION RST + VISTA MIRAGE RESORT BERJAYA VACATION CLUB CLUB MARBELLA AT GRAND BEACH VIVA MAYA BEVERLY HILLS CLUB CLUB MARINA ENCHANTED ISLE RESORT WATERWOOD TOWNHOUSES BEVERLY HILLS HEIGHTS CLUB NAUTILUS ESCAPES! WEST OAKS BLUE BAY GETAWAY PHASE II CLUB OCEAN VILLAS II TO BELLA VISTA VILLAGE WESTWIND II CLUB + BLUE RIDGE VILLAGE CLUB OLYMPUS AT GARDEN CITY ESCAPES! WESTWIND MANOR + BLUEBEARD'S CASTLE CLUB PLAYA VISTA RESORTS TO HOT SPRINGS VILLAGE WHISKI JACK AT LAKE PLACID BLUEGREEN VACATION CLUB CLUB PUEBLO BONITO MAZATLAN ESCAPES! LODGE BOAMBEE BAY RESORT CLUB PUERTO CALMA TO STONEBRIDGE VILLAGE WHISKI JACK AT THE IRONWOOD BRECKENRIDGE CLUB CLUB REGINA +FAIRFIELD ANAHEIM @ DOLPHIN'S WHISKI JACK AT THE WOODRUN AT TRADEWINDS CLUB RIZA COVE WHISKI JACK AT TYNDALL STONE BREEZY POINT TIMESHARE CLUB SALINA WHARF +FAIRFIELD BAY LODGE BREWSTER GREEN CLUB SEVILLA +FAIRFIELD FLAGSTAFF WHISPERING WOODS II BRYAN'S SPANISH COVE CLUB SOLARIS CABOS +FAIRFIELD GLADE WHISTLER VACATION CLUB BUGANVILIAS RESORT VACATION CLUB TAHOE +FAIRFIELD HARBOUR @ L.P. LODGE CLUB CLUB TENERIFE +FAIRFIELD MOUNTAINS WHITECLIFFS BEACH RESORT CABO VILLAS CLUB VACACIONAL TORTUGA +FAIRFIELD OCEAN PALMS WIMPEN SUE#O AZUL CALABOGIE LODGE RESORT CLUB VACANCES TOUTES SAISONS +FAIRFIELD PAGOSA WIND IN THE PINES CALLAO GARDEN CLUB VELAS VALLARTA +FAIRFIELD WILLIAMSBURG WINDJAMMER CONDOMINIUMS CAMARON COVE CLUB VISTAFLOR @ KINGSGATE WINDWARD PASSAGE RESORT CANADA HOUSE BEACH CLUB CLUBE PRAIA DA OURA +FAIRFIELD WILLIAMSBURG WOODFORD BRIDGE COUNTRY CANALTIME @ ALVECOTE MARINA COCONUT BAY RESORT PATRIOTS' PL CLUB VILLAGE COLD SPRING RESORT FAIRWAY FOREST AT SAPPHIRE WORLD WIDE VAC CLUB CANALTIME AT SAWLEY MARINA COLUMNS GOLF PARK VALLEY ZAHABIA RESORT CANCUN CLIPPER CLUB CONDOVAC LA COSTA FAIRWAYS CLUB CANTO DEL SOL PLAZA VALLARTA CONTINENTAL EMPORIO ACAPULCO FANTASY ISLAND RESORT II CARLSBAD INN BEACH RESORT CORAL BAY HOTEL-SHEIKH COAST FERIENCLUB GRUNDLSEE CARLSBAD SEAPOINTE RESORT +CORAL PRINCESS CLUB FERIENCLUB OBERSTAUFEN Resorts With Members CARLTON PALMS CORONADO BEACH RESORT FIESTA INN AGUASAL CARLTON VILLAGE COSTA DE ORO BEACH CLUB FINISTERRA CLUB & RESORT Numbering More Than 1000 CARPEDIEM ASSISI LIVING CLUB COSTA LINDA BEACH RESORT FIRST FAIRWAY AT WALDEN CARRIAGE HILLS RESORT COTTAGES AT SHIPYARD FISHERMEN'S VILLAGE 3564 FLEXI 2 CASA DEL MAR BEACH RESORT COUNTRY INN - BHIMTAL FLORIDA VACATION VILLAS A PLACE @ THE BEACH III CASAS DEL SOL HTL COURTYARD RESORT FOUR SEASONS VILAMOURA ACUASOL SUITES&BEACH RST CRAFTS INN FOX HILLS RESORT ADVENTURE INN BEACH & GOLF CAUSEWAY ON GULL CROWN POINT CONDOMINIUMS FOXHUNT AT SAPPHIRE VALLEY CLUB CELEBRATION WORLD RESORT CROWN POINT RESORT FOXRUN TOWNHOUSES ALDEA BONSAI CHALET HIGH NORTH CYPRESS POINTE GRANDVILLAS FRENCH LICK SPRINGS VILLAS ALHAMBRA AT POINCIANA CHATEAU CHARMANT RESORT FRENCH QUARTER ALLAMANDA VACATION CLUB CHAYOFA COUNTRY CLUB CYPRESS POINTE RESORT FT LAUDERDALE BEACH RESORT AMBER VACATION CLUB, LLC CHRISTMAS MOUNTAIN VILLAGE DEPUY - SHAWNEE GARDEN LAGO AMERICAN VACATION RESORTS, CLIFFTOP CLUB DESTINATIONS CLASSIC GASLAMP PLAZA SUITES INC. CLOWANCE ESTATE AND COUNTRY DIAMOND LAS CALAS 2 GATLINBURG TOWN SQUARE AMERICANA VILLAGE CLUB DIAMOND LAS CALAS 3 GEOHOLIDAY RESORTS AMRUTHA CASTLE CLUB ABBAZIA DIKHOLOLO GEOPREMIERE RESORTS ANFI BEACH CLUB CLUB ALBUFEIRA DISCOVERY BEACH RESORT GEORGIAN INN BEACH CLUB APARTAMENTOS TROPICAL PARK CLUB AQUARIUS-AQUAMAR DIVI ARUBA PHOENIX BEACH GOLDEN COAST HOLIDAY CLUB AQUAVILLE RESORT CLUB BENA VISTA RESORT GOLDEN SHORES CLUB ARROYO ROBLE RESORT CLUB CALA BLANCA DIVI LITTLE BAY BEACH & GOLDEN STRAND OCEAN VILLA ARUBA BEACH CLUB CLUB CALAHONDA RACQUET CLB RESORT ASIAN TRAVEL CLUB (ATC) CLUB CARONTE DIVI VILLAGE GOLDENWOODS CONDOS ATLAS CLUB ATLANTIS CLUB CASA DORADA BEACH & DOMINIO DO SOL @ POWDERHORN RST ATLAS THE VACATION CLUB GOLF RST. DOVER HOUSE GRAN HOTEL PUCON ATRIUM RESORT CLUB CASABLANCA DRIFTWOOD INN RESORT GRAND DESTINATION VACATION ATTITASH MOUNTAIN VILLAGE CLUB DOBOGOMAJOR DUNAS CLUB CLUB AUCANADA CLUB CLUB EL BERIL DUNES HOTEL & BEACH RESORT GRAND LAKE RESORT AVALON MUSSOORIE CLUB FLIPPER VIP CONDOMINIUMS EAGLE CREST GRAND PACIFIC PALISADES AWANA CLUB CLUB HERITAGE INTERNATIONAL EAGLE TRACE AT KILLY COURT GRAND VACATION CLUB BAHIA BLANCA CLUB HOTEL EILAT EAGLE TRACE AT MASSANUTTEN GRANDVISTA'S BRANSON YACHT BAHIA MANZANO CLUB HOTEL TIBERIAS EAGLE VILLAGE AT TAMIMENT CLUB BANFF GATE MOUNTAIN RESORT CLUB HOTEL VIKING RESORT GRANDVISTA'S CEDAR RIDGE BANFF ROCKY MOUNTAIN RESORT CLUB IN EILAT EASTERN SLOPE INN GRANDVISTA'S EMERALD POINTE BANYAN HARBOR CLUB INTRAWEST EDGELAKE BEACH CLUB RESORT

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 137 Resorts With 1000 or More Members GRANDVISTA'S PAINTED MT GOLF KRYSTAL INTL VACATION CLUB MAUI LEA AT MAUI HILL PALACE RESORT AT CANCUN RESORT CANCUN MAUNA LOA VILLAGE BY THE SEA PALACE GUADALUPE RESORT KUHIO BANYAN CLUB MAYAN PALACE PALACE RESORTS HABITAT PLAYA ROMANA KYNETON BUSHLAND RESORT MAYAN PALACE ACAPULCO PALACE VIEW BY SPINNAKER HACIENDA DEL MAR RESORT LA COSTA BEACH CLUB RESORT MAYAN PALACE NUEVO VALLARTA PALM BEACH CLUB HARBOUR INN & RESORT CLUB LA PINTA BEACH CLUB MAYAN PALACE PUERTO VALLARTA PALM BEACH SHORES RST & VAC. HERITAGE GRAND VACATION LA VOLIERE DU MONT TREMBLANT MAYAN PALACE RIVIERA MAYA VILLAS CLUB LAGUNA DE BORACAY RESORT MELIA AZUL IXTAPA PALM SPRINGS TENNIS CLUB HERITAGE RESORTS LAGUNAMAR HOTEL RESORT MELIA COZUMEL A.INCLUSIVE PANIOLO GREENS AT MATCHROOM CASINO BEACH RST PANOLY TOWN & BEACH CLUB HERITAGE RESORTS MARBESA LAKE CONDOMINIUMS AT BIG SKY MELIA VAC. CLUB AT MELIA PANORAMA RESORT CLUB LAKE OKANAGAN RESORT TROPICAL PARADISE BEACH CLUB & CASINO HIAWATHA MANOR WEST @ LAKE LAKESIDE COUNTRY CLUB MELIA VAC.CLUB AT GRAN MELIA PARAMO LA CULATA RESORT TANSI LAKEWOOD RESORT CANCUN PARK LANE CLUB HIDEAWAY BEACH CLUB - LAND OF CANAAN VACATION MELIA VAC.CLUB AT PARADISUS PARK ROYAL LOS TULES PTO. MAZATLAN RESORT INC PUNTA C VALLARTA HIGH POINT WORLD RESORT LANDMARK HOLIDAY BEACH MIRAFLORES BEACH AND PARQUE DENIA CLUB HILTON CRAIGENDARROCH RESORT COUNTRY CLUB PEACOCK SUITES RESORT HILTON SUITES LANZAROTE BEACH CLUB MIRAMAR HOTEL & RESORT PEARLY GREY OCEAN CLUB HMI AT CALYPSO LAS BRISAS MITTERSILL VACATION PELICAN RESORT CLUB HOLIDAY CLUB HEVIZ LAS OLAS BEACH CLUB OWNERSHIP RST PEND OREILLE SHORES RESORT HOLIDAY CLUB KATINKULTA LAW CRANBERRY RESORT LIMITED MONARCH @ SEA PINES + PEPPERTREE AT LAUREL POINT HOLIDAY CLUB KELORINNE LAWAI BEACH RESORT MONESS COUNTRY CLUB + PEPPERTREE AT TAMARACK HOLIDAY CLUB KUUSAMON LAWRENCE WELK RESORT VILLAS MONTECHORO BEACH CLUB + PEPPERTREE ATLANTIC BEACH TROPIIKKI LAWRENCE WELK'S DESERT OASIS MORRITT'S TORTUGA CLUB + PEPPERTREE BY THE SEA HOLIDAY CLUB PYHA LE MIRAGE VILLAGE CLUB MOUNT AMANZI + PEPPERTREE MAGGIE VALLEY HOLIDAY CLUB PYHANIEMI LEHIGH RESORT CLUB MOUNTAIN VIEW VILLAS + PEPPERTREE OCEAN CLUB HOLIDAY CLUB TAMPEREEN LEISURE HOLIDAYS AT CRANBERRY PERENNIAL VACATION CLUB KYLPYLA LEISURE RESORTS BRIGANTINE MOUNTAINSIDE RESORT AT STOWE PIER 7 CONDOMINIUMS HOLIDAY CLUB YLLAS 1 BEACH MULTIPLE TRAVEL CLUB (MTC) PINESTEAD REEF - VIP HOLIDAY CONCEPTS ASIA PACIFIC LEISURE RESORTS HILLTOP MULTIVACACIONES DECAMERON PLANTATION ISLAND HOLLYWOOD BEACH TOWER LEISURE RESORTS HONOLULU *MTR-ACC* PLANTATION RESORT OF MYRTLE HOLLYWOOD MIRAGE LEISURE RESORTS INDIAN SHORES NEPEAN COUNTRY CLUB BEACH HONKA HOLIDAY HANNUNKIVI LEISURE RESORTS LAS VEGAS NEW SINDBAD BEACH RESORT PLANTATION RESORT VILLAS HOSTERIA DEL CERRO LEISURE RESORTS ORLANDO NEWGATE AVENUE PLAYA GRANDE RESORT HOTEL APARTMENTO VILA GALE LEISURE RESORTS RENO + NEWPORT ONSHORE PLAYA LINDA BEACH RESORT HOTEL GRANADA EL CID LEISURE RESORTS STEAMBOAT NOSTOS VILLAGE PLAYA PALACE AT MAZATLAN SPRINGS NOTTINGHAM VILLAGE AT FRIAR PLAYERS CLUB OF HILTON HEAD HOTEL PORT L'MAR SUITES LEONIKI RESIDENCE TUCK ISLAND HOTEL Y VILLAS SOLARIS CANCUN LIFETIME IN HAWAII * OAK 'N SPRUCE RESORT PLAZA RESORT CLUB HTL.PZA.PELICANOS GRAND LIFETIME OF VACATIONS @ GRAND OAK PLANTATION VACATION PLAZA SUITE HOTEL RESORT BEACH S/II LAKE OWNERSHIP PORT O'CALL IMPERIAL FIESTA C.@ HOTEL CASA LIGHTHOUSE COVE RESORT OAKMONT RESORT PORT PACIFIC RESORT MAYA LILLYLAND BEACH CLUB OASIS LAKES RESORT POUSADA DO RIO QUENTE IMPERIAL HAWAII VACATION CLUB + LONG WHARF RESORT OASIS VILLAGE PREMIUM VACATON CLUB IMPERIAL PARK COUNTRY CLUB LORELEY OCCIDENTAL C.V.CLUB ON THE PRESIDENTIAL RST INDIAN PALMS INTERVALS LOS AMIGOS BEACH CLUB GREEN @ CHANCELLORSVILLE INDIAN PALMS VACATION CLUB PLAYAMARINA OCEAN EAST RESORT CLUB PRESIDENTIAL VILLAS + INN ON LONG WHARF LOS CLAVELES OCEAN IMPERIAL CLUB @ PLANTATION RST INN ON THE HARBOR LOTUS SUITES, MUMBAI @ RADISSON IXTAPA PUEBLO BONITO RESORT INVERNESS AT SOUTH PADRE MACDONALD DOÑA LOLA RESORT OCEAN KEY RESORT PUEBLO BONITO RESORT INVERNESS AT WALDEN - PHASE II MACDONALD FOREST HILLS OCEAN REEF YACHT CLUB AND AT EMERALD BAY INVERNESS BY THE SEA RESORT RESORT PUEBLO BONITO RESORT LOS IRON BLOSAM LODGE-SNOWBIRD MACDONALD LOCHANHULLY OCEAN SANDS CABOS ISLAND CLUB - SEA WATCH RESORT OCEAN TOWERS BEACH CLUB PUEBLO BONITO ROSE SPA & ISLAND SEAS RESORT MADEIRA BEACH CLUB OGISAKA GARDEN RESORT ISLANDER BEACH RESORT MADEIRA REGENCY CLUB OLYMPIC VILLAGE INN PUEBLO BONITO RST. AT SUNSET ISLAS DEL SOL MORROCOY RESORT MALIBU VILLAGE ORANGE LAKE COUNTRY CLUB BEACH IXTAPA PALACE RESORT MAR Y GOLF ORBIT ONE VACATION VILLAS PUEBLO EVITA CLUB IZUMIGO BEST CLUB MARGARITA VILLAGE +ORLANDO INTERNATIONAL PUERTO ANFI JARDINES DEL MAR INTERNATIONAL RST RESORT CLUB PZA.H.CLUB AT ACAPULCO PLAYA JIMBARAN HILLS RESORT MARINA BAY RESORT OURAHOTEL APARTHOTEL SUITES JRCI MARINA DE ORO OURAPRAIA APARTHOTEL QUAIL HOLLOW VIL @ BEECH MT KAHANA FALLS MARINA EL CID HOTEL & YACHT OUTER BANKS BCH CLUB II LAKES KILCONQUHAR CASTLE ESTATE CLUB + OUTER BANKS BEACH CLUB I QUALITY SUITES AIRPORT KIMBERLING INN RESORT & VAC MARINA FIESTA RESORT OUTRIGGER BEACH CLUB BANGKOK CLUB MARINER SHORES RESORT OYSTER BAY RAINTREE VACATION CLUB KING'S CREEK PLANTATION MARINER'S POINTE RESORT OYSTER POINTE RCI POINTS EUROPE KINSTON MANOR AT FOXWOOD MARITIME BEACH CLUB PACIFICA CLUB RCT CLUB VACACIONAL KONA HAWAIIAN VILLAGE BY THE MASSANUTTEN'S MOUNTAINSIDE PACIFICA SANDS RED WOLF LAKESIDE LODGE SEA VILLAS PAHIO AT BALI HAI VILLAS REGATTAS OF ABACO KRYSTAL INTERNATIONAL MASSANUTTEN'S SHENANDOAH PAHIO AT KA'EO KAI RESIDENCE ALBATROS VACATION CLUB VILLAS PAHIO AT KAUAI BEACH VILLAS RESIDENCIAL CALA PÍ NOU

138 * Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort Resorts With 1000 or More Members RHC/PARK ROYAL PIRAMIDES SHERATON'S BROADWAY SUNTERRA SCOTTSDALE VILLA THE WELLINGTON CANCUN PLANTATION MIRAGE THE YACHTSMAN RIDGE TOP VILLAGE AT SHAWNEE SHERATON'S DESERT OASIS SUNTERRA SEDONA SUMMIT THURNHAM VACATION CLUB RIVER VILLAGE II - SHAWNEE SHERATON'S VISTANA RESORT SUNTERRA THE RIDGE ON SEDONA TIKI VILLAGE INTERNATIONAL ROARK VACATION RESORT SHERATON'S VISTANA RST GOLF TORRENT BAY CLUB ROUNDHOUSE RESORT @ WORLD GOLF SURF RIDER RESORT CONDOMINIUM TOSHALI SANDS ROYAL ALOHA VAC CLB/RAVC SILVER BEACH CLUB RESORT SURREY VACATION RESORT TREE TOPS RESORT ROYAL CLUB INT'L AT CANMORE SILVER LAKE RESORT SURREY VACATION RST/CARRIAGE TROPIC LEISURE CLUB ROYAL DUNES SILVER LAKES VACATION CLUB PLACE @ MAGENS PT RST ROYAL FLORIDIAN RESORT SILVERLEAF'S FOX RIVER RESORT SWEETWATER TROPIC SHORES ROYAL GOAN BEACH CLUB - SILVERLEAF'S HILL COUNTRY TAHOE BEACH & SKI CLUB TROPIC SUN TOWERS PHASE I & II ROYAL PALMS RESORT TAHOE SANDS RESORT TROPICANA CARIBE VAC. CLUB ROYAL GOAN BEACH CLUB SILVERLEAF'S HOLIDAY HILLS TAHOE SEASONS RESORT U.V.C. AT VILLA DEL MAR AT BENAULIM SILVERLEAF'S HOLLY LAKE RANCH TAINO BEACH VACATION RESORT U.V.C. AT VILLA DEL PALMAR ROYAL GOAN BEACH CLUB SILVERLEAF'S OZARK MOUNTAIN CLUB UNIVERSAL VACATION CLUB AT MONTERIO RESORT TAMARACK BEACH RESORT VACATION CLUB AT BAHAMIA ROYAL GOAN BEACH CLUB- SILVERLEAF'S PINEY SHORES TAMARIND SANDS VACATION INN RESORT & CLUB HAATHI MAHAL RESORT TANGLWOOD RESORT VACATION SUPER CLUB ROYAL HOLIDAY CLUB SILVERLEAF'S SEASIDE RESORT TARANOVA REC CLUB VACATION VILLAGE ROYAL HOST RESORT AND SILVERLEAF'S TIMBER CREEK TELEMARK AT BONAVENTURE VACATION CLUB RESORT THE ATRIUM RST ON SIMPSON BAY VACATION VILLAGE AT PARKWAY ROYAL ISLANDER CLUB "LA PLAGE" SILVERLEAF'S VILLAGES BEACH VACATION VILLAGE AT WESTON ROYAL PARK ALBATROS CLUB SILVERWOODS AT TREASURE LAKE THE BAY CLUB AT WAIKOLOA VACATION VILLAGE IN THE ROYAL SUITES AT THE ATLANTIC SINT MAARTEN SEA PALACE BEACH RST BERKSHIRES PALACE SKY VALLEY RESORT THE BEACH CLUB VACATION VILLAS ROYAL SUNSET SMUGGLERS' NOTCH RESORT AT ST AUGUSTINE VACATION WORLD CLUB ROYAL SUNSET *ALL INCLUSIVE* SOL MAR BEACH CLUB RESORT THE CARRIAGE HOUSE VERA BEACH CLUB ROYAL SUNSET BEACH CLUB SOL NEU THE CHARTER CLUB OF MARCO VIGILIA PARK ROYAL TENERIFE COUNTRY CLUB SOLANAS FOREST RESORT BEACH VILLA ANTIGUA ROYAL TERRANORA COUNTRY CLUB SOLANAS ROYALMAR THE CHRISTIE LODGE VILLA DEL PALMAR CABO ROYAL VILLAS SOUTH SHORE LAKE RESORT THE CLIFF CLUB AT SNOWBIRD SAN LUCAS SAHARA SAFARI CLUB SOUTHERN CALIFORNIA BEACH THE CLIFFS AT PEACE CANYON VILLAGE OF LOON MOUNTAIN SAHARA SUNSET CLUB CLUB THE CLIFFS CLUB LODGES SAMOSET RESORT SOUTHWIND VILLAS THE CLIFFS RESORT VILLAS AT FORTUNE PLACE SAN CLEMENTE INN SPINNAKER AT SHIPYARD THE COCONUT PALMS RESORT VILLAS AT POCO DIABLO + SAN LUIS BAY INN STARDUST-TAHOE THE COMPASS CLUB VILLAS OF SEDONA SAND PEBBLE RESORT STARWOOD VACATION NETWORK THE COVE AT YARMOUTH VILLAS ON THE GREENS AT WELK SAND PEBBLES STERLING + THE FAIRWAYS OF PALM AIRE RESORT SANDCASTLE CONDOMINIUMS STERLING DAYS INN FERNHILL THE FOUR SAILS VISTANA'S BEACH CLUB SANDS BEACH CLUB STONERIDGE RESORT THE GALLEON RESORT VIVA FORTUNA SANDS OCEAN CLUB SUMMER BAY RESORT THE GRANGEFIELD OASIS CLUB WALTON HALL SANTA BARBARA GOLF & OCEAN SUN BEACH HOLIDAY CLUB THE HARBOR CLUB AT PALM WAPATO POINT CLUB II SUN CLUB &PLAZA LAS GLORIAS COAST WATER'S EDGE INN & RESORT +SANTA BARBARA RESORT & MIRADOR THE HARBOUR CLUB WATERSIDE BY SPINNAKER YACHT CLUB SUN CLUB / CONTL. PZA. CANCUN THE INN AT MAZATLAN WESTGATE VACATION VILLAS SAPPHIRE BEACH CLUB SUN CLUB SIERRA THE JOCKEY CLUB WHISTLER VACATION CLUB SCANDINAVIAN VILLAGE NUEVO VALLARTA THE LANDING AT SEVEN COVES @ TWIN PEAKS SCHOONER BEACH & RACQUET SUN CLUB&PZA. GLORIAS CABO THE LINKS GOLF & RACQUET CLUB WHITE BIRCH CLUB SAN LUCAS THE MAKAI CLUB AT PRINCEVILLE WILLOW VALLEY RESORT SCHOONER II BEACH AND SUN CLUB/PZA.LAS GLORIAS THE MANHATTAN CLUB WINNERS CIRCLE BEACH & TENNIS RACQUET CLUB MANZANILLO THE MAVERICK RST SCOTTSDALE CAMELBACK RESORT SUN CLUB/SIERRA MANZANILLO THE MOORINGS WOLF RUN MANOR AT TREASURE SEA CREST SURF AND RACQUET SUN VACATION CLUB THE MOUNTAINSIDE LAKE CLUB SUNBAY RESORT AT SILVERCREEK WOODSTONE AT MASSANUTTEN SEA GARDEN SUNNY COAST RESORT CLUB THE OCEAN CLUB ON SMUGGLER'S WORLDMARK, THE CLUB SEA GARDEN & VIDAFEL MAZATLAN SUNRAYSIA RESORT BEACH SEA GARDEN ACAPULCO SUNRISE COVE AT VILLAGE WEST THE PALMS GOLF AND COUNTRY + SEA GARDENS BEACH AND TENNIS SUNRISE VACATION CLUB CLUB RESORT SUNSET BAY AT TORVISCAS THE PARADISE CLUB SEA MIST RESORT SUNSET BEACH CLUB THE PARADISE MONTEREY CLUB SEA SCAPE BEACH & GOLF VILLAS SUNSET HARBOUR CLUB THE PINES SEA VILLAS SUNSET LAGOON HOTEL & MARINA THE PONO KAI SEASONS SUNSET LAGOON HTL&MARINA THE REGENCY CLUB TENERIFE SEASONS AT LAUGHARNE PARK *ALL INCL* THE RESORT AT SPLIT ROCK SEDONA PINES RESORT SUNTERRA FLAMINGO BEACH THE RESORT ON COCOA BEACH SEDONA SPRINGS RESORT SUNTERRA GREENSPRINGS THE RITZ BEACH RESORT SEDONA VACATION CLUB/ PLANTATION THE RUSHES LOS ABRIGADOS SUNTERRA PLANTATION + THE ST. GEORGE'S CLUB SES FONTANELLAS PLAZA AT FALL CREEK THE SUMMIT AT MASSANUTTEN SHAWNEE VILLAGE SUNTERRA POLYNESIAN ISLES THE TOWERS AT MULLET BAY SHELL VACATION CLUB SUNTERRA POWHATAN THE VILLAS AT FAIRWAY SHENANDOAH CROSSING RESORT PLANTATION THE VILLAS AT TREE TOPS & CC SUNTERRA ROYAL PALM BEACH THE VILLAS OF HICKORY HILL

* Resorts available for exchange although contractual relationship between resort and RCI has terminated + RCIRM, Fairfield, Trendvest or Equivest resort 139 140

Resort Condominiums International, LLC

Combined Statements of Key Operating Statistics for the RCI Weeks Exchange Program for the Years Ended December 31, 2002 and 2001 and Independent Accountants’ Report

141

INDEPENDENT ACCOUNTANTS’ REPORT

Resort Condominiums International, LLC:

We have examined the accompanying combined statements of key operating statistics for the RCI Weeks Exchange Program of Resort Condominiums International, LLC, its affiliated companies and its licensees (the “Company”) as of and for the years ended December 31, 2002 and 2001. These statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these statements based on our examinations.

Our examinations were conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining on a test basis, evidence supporting the statements and performing such other procedures as we considered necessary in the circumstances. We believe that our examinations provide a reasonable basis for our opinion.

In our opinion, such statements present, in all material respects, the combined key operating statistics of the Company as of and for the years ended December 31, 2002 and 2001, in accordance with the Time Sharing Acts of Florida, Arkansas, Georgia, Illinois, Indiana, Maryland, Massachusetts, Missouri, Nevada, New Mexico, North Carolina, Puerto Rico, Rhode Island, Virginia, West Virginia and Wisconsin as described in Note 1 to the statements.

Deloitte & Touche LLP Indianapolis, Indiana March 3, 2003

142

RESORT CONDOMINIUMS INTERNATIONAL, LLC

COMBINED STATEMENTS OF KEY OPERATING STATISTICS (NOTE 1) FOR THE RCI WEEKS EXCHANGE PROGRAM FOR THE YEARS ENDED DECEMBER 31, 2002 AND 2001

2002 2001

Number of timeshare properties, accommodations or other facilities eligible to participate in the exchange program (Note 6): Resorts with current affiliation agreements 3,696 3,685 Resorts available for exchange although the contractual relationship between the resort and the Company has terminated 29 36

Total eligible properties 3,725 3,721

Number of fully paid members as of year end (Note 3) 2,864,753 2,926,720

Number of weeks (intervals) for which the Company has an obligation as of year end to provide an exchange opportunity in a subsequent period to a member who has relinquished his weeks (intervals)(Note 5) 1,918,527 1,920,119

Number of exchanges confirmed during the year (Note 4) 2,240,469 2,193,560

Exchange requests fulfilled as a percentage of properly submitted exchange requests, including exchange alternatives that were offered by the Company and subsequently accepted by members (Note A) (Note 4) 96.2 % 96.0 %

Number of exchanges confirmed during the year as a percentage of average fully paid members 78.2 % 75.7 %

(Note A) THE PERCENTAGE OF CONFIRMED EXCHANGES IS A SUMMARY OF THE EXCHANGE REQUESTS ENTERED WITH THE EXCHANGE COMPANY IN THE PERIOD REPORTED. THE PERCENTAGE OF CONFIRMED EXCHANGES DOES NOT INDICATE A PURCHASER’S PROBABILITY OF BEING CONFIRMED TO ANY SPECIFIC CHOICE OR RANGE OF CHOICES, SINCE AVAILABILITY AT INDIVIDUAL LOCATIONS MAY VARY.

See accompanying notes to combined statements of key operating statistics.

143

RESORT CONDOMINIUMS INTERNATIONAL, LLC

NOTES TO COMBINED STATEMENTS OF KEY OPERATING STATISTICS FOR THE RCI WEEKS EXCHANGE PROGRAM FOR THE YEARS ENDED DECEMBER 31, 2002 and 2001

1. BASIS OF PRESENTATION

The accompanying combined statements of key operating statistics for the RCI Weeks Exchange Program include the exchange statistics of Resort Condominiums International, LLC, its affiliated companies and licensees (the “Company”) as of and for the years ended December 31, 2002 and 2001.

The statistics reflected in the combined statements of key operating statistics have been computed and are being disclosed in accordance with the Time Sharing Acts of the following:

Florida, Section 721.18 (1) (q) and (r) Arkansas, Section 18-14-404 (b) (17) and (18) Georgia, Section 44-3-172 (2) (Q) and (R) Illinois, Chapter 765, 101/5-30 (b) (17) Indiana, Section 32-32-3-12 Maryland, Section 11A-120 (a) (16) and (17) Massachusetts, Chapter 183B, Section 53(a) (17) and (18) Missouri, Section 407.625 (1) (17) and (18) Nevada, Section 119A.590 (1)(o) New Mexico, Section 47-11-8 (A) (17) and (18) North Carolina, Section 93 A-48 (a) (17) and (18) Puerto Rico, 31 L.P.R.A. 1258 (17) and (18) Rhode Island, Section 34-41-4.03 (b) (15) and (16) Virginia, Section 55-374.2 (A) (17) and (18) West Virginia, Section 36-9-17 (a) (17) and (18) Wisconsin, Section 707.42 (2) (o)

2. DESCRIPTION OF COMPANY

The Company operates an exchange program for owners of timeshare units and whole units at various resorts affiliated with the Company. At December 31, 2002, the Company had 3,725 resorts available for exchange throughout the world. The Company’s global headquarters are in Parsippany, New Jersey, USA with offices of affiliated companies in Argentina, Australia, Belgium, Brazil, Canada, Chile, China, Colombia, Denmark, Finland, France, Germany, Greece, Hungary, India, Indonesia, Ireland, Italy, Malaysia, Mexico, Portugal, Russia, Singapore, South Africa, Spain, Turkey, United Kingdom, Venezuela and Zimbabwe. In addition, to extend its exchange program to Israel and Japan, the Company maintained and still maintains license agreements with companies in those countries. Furthermore, the Company maintains a license agreement to operate the exchange program in various middle eastern countries via a joint venture through RCI – Middle East.

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3. MEMBERSHIP

Membership in the Company’s exchange program generally involves initial enrollment fees paid by the member’s home resort, an initiation fee (that is waived if the member joins the Company’s exchange program at the time of purchase at the resort), annual subscription fees and exchange fees for each exchange.

4. MEMBER EXCHANGE REQUESTS

All exchanges are based on space availability; therefore, the Company does not guarantee members will receive a specific exchange choice.

The statistics included in the combined statements of key operating statistics for the RCI Weeks Exchange Program were computed using properly submitted exchange requests in accordance with instructions furnished by the Company to members. The Company receives improperly submitted exchange requests in the normal course of business, and while the Company will enter these improperly submitted requests into its computer system if the members so desire, the Company does not guarantee these requests will be fulfilled at the same rate as properly submitted exchange requests. Improperly submitted requests which are not confirmed are not included in the calculation used to arrive at the Company’s confirmation percentage. Exchange requests can be returned to members if they fail to follow the Company’s procedures for the following:

 a. failure to deposit vacation time in the SPACEBANK pool;  b. failure to deposit vacation time in SPACEBANK pool within the minimum time requirements; c. failure to pay exchange and/or other applicable fees; d. failure to submit exchange request within minimum time requirements; or e. failure to properly complete exchange requests.

5. ACCRUAL BENEFIT

The Company’s exchange program allows members to request a vacation choice up to two years after  the date of the member’s vacation time which was deposited into the SPACEBANK pool. At December 31, 2002, members had deposited 1,918,527 weeks (intervals) of 2001 and 2002 vacation time for which they have accrued the right to an exchange opportunity in 2003 or 2004.

6. RESORTS

The number of timeshare properties, accommodations or other facilities reflected in the accompanying combined statement of key operating statistics at December 31, 2002, includes 59 resorts with current affiliation agreements which are in various stages of construction and, therefore, will be available for use in the future.

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© 2003 Resort Condominiums International, LLC 6/03 All rights reserved. This booklet may not be reproduced in whole or part without the prior written permission of Resort Condominiums International, LLC. Printed in U.S.A. 101293A