Program Overview

• Points-based exchange service for owners of fixed or floating-weeks

• Allows members to convert their resort week into points

• Using these points, members have access to any available resort in

Interval’s worldwide network

Membership Overview

• Club Interval Gold includes all the benefits of an Interval Basic and

Interval Gold membership - plus points based exchange

• Breckenridge Grand Vacations will pay the owners initial years’

membership enrollment in Club Interval Gold

• Member will be responsible for renewing their Club Interval Gold

membership on a yearly basis

Interval OptionsSM Cruise, Golf & Spa Exchange

• Apply Club Interval Gold points toward the purchase of a cruise, golf or spa package

• Cruise Exchange - Available for any line or itinerary sold through Interval Travel (longer cruises create a better value)

• All cruise lines, all itineraries• Pre-packaged and custom golf and

spa vacation packages available at leading golf resorts and spas

Club Interval Gold Exchange• Member may choose to exchange their Club Interval Gold week on a “weeks

basis” or “points basis” each year, allowing the member to:– ‘Shop’ for inventory and place pending requests– Travel from one year prior to two years after check-in date

Weeks Exchange

• Member can exchange using Request First or Deposit First

• Members can extend their deposit through payment of a deposit extension fee

Points Exchange

Members must use the Deposit First method of exchange

Club Interval Gold points cannot be extended

Club Interval Gold Points Exchange

• Member deposits a week and receives an allotment of points – Owners first contact home resort to secure a reservation, then deposit

the week with Interval International

• Deposit and request windows consistent with Interval’s existing system– Deposits can be made up to one year in advance of check-in date – Points allocated to deposits expire two years after the check-in date of the

week deposited

Member Benefits Overview:Points Based Exchange

• Flexible point redemption options for Club Interval Gold members:– Exchange across Interval’s entire network on a full week basis– Flexibility of use across unit size and/or seasonality– Facilitates multiple stays– Provides change back opportunities– Ability to combine points from multiple weeks, years and resorts

Short Stay Exchange

• Owners may trade their points for multiple Interval vacations

• Each vacation can be from 1 to 6 nights in duration

• Accommodates consumer demand for less than 7 night travel

• Club Interval Gold members can do unlimited ShortStay exchanges (based on the owner’s available points balance)

* Subject to Modification

Grand Timber Lodge (GTR) Studio Kitchenette 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom

WeeksSleeps 2 Privately Limited Kitchen

Sleeps 4 Privatley

Limited KitchenSleeps 4 Privatley

Full KitchenSleeps 6 Privately

Full KitchenSleeps 8 Privately

Full KitchenSleeps 12 Privately

Full Kitchen

1-12,28,50-52 58,250 72,750 90,000 105,000 135,000 173,000

13-16,26-27,29-31,48-49 48,500 60,625 75,000 87,500 112,000 144,375

22-25,32-38 38,750 48,500 60,000 70,000 90,000 115,500

47 29,125 36,375 45,000 52,500 67,500 86,625

17-21,39-46 19,375 24,250 30,000 35,000 45,000 57,750

* Subject to Modification

Grand Lodge on Peak 7 (GP7) Studio 1 Bedroom 2 Bedroom 3 Bedroom* 4 Bedroom*

Weeks

Sleeps 4 Privately

Limited KitchenSleeps 4 Privately Full

KitchenSleeps 8 Privately Full

KitchenSleeps 8 Privately Full

KitchenSleeps 16 Privately Full

Kitchen

1-12,28,50-52 72,750 90,000 112,500Total Points = Sum of

piecesTotal Points = Sum of

pieces13-16,26-27,29-

31,48-49 60,625 75,000 93,750Total Points = Sum of

piecesTotal Points = Sum of

pieces

22-25,32-38 48,500 60,000 75,000Total Points = Sum of

piecesTotal Points = Sum of

pieces

47 36,375 45,000 56,250Total Points = Sum of

piecesTotal Points = Sum of

pieces

17-21,39-46 24,250 30,000 37,500Total Points = Sum of

piecesTotal Points = Sum of

pieces

*3 and 4 Bedroom lockoff units will have the total aggregate point value of each of the pieces provided the consumer deposits each piece separately. Units that do not lock off are not deposited in pieces would be subject to a lower total point value of those same unit types with

lock-off capabilities and deposited in pieces.

Gold Point

Gold Point (GPC) Studio Kitchenette 1 Bedroom 2 Bedroom 3 Bedroom 3 Bedroom

WeeksSleeps 2 Privately Limited Kitchen

Sleeps 4 Privately Limited Kitchen

Sleeps 4 Privately Full Kitchen

Sleeps 6 Privately Full Kitchen

Sleeps 6 Privately Full Kitchen

Sleeps 8 Privately Full

Kitchen

1-12,28,50-52 49,500 61,875 76,500 89,250 102,000 114,75013-16,26-27,29-

31,48-49 41,250 51,500 63,750 74,375 85,000 95,625

22-25,32-38 33,000 41,250 51,000 59,500 68,000 76,500

47 24,750 30,875 38,250 44,625 51,000 57,375

17-21,39-46 16,500 20,625 25,500 29,750 34,000 38,250

CIG-Cancellation Lead Time

CANCELLATION LEAD TIMEPERCENTAGE OF POINTS

REFUNDWithin 24-hours of confirmation 100%

120 days or more before check-in date 100%119-60 days before check-in date 75%59-30 days before check-in date 50%29-1 day(s) before check-in date 25%

CIG-Deposit Lead Time

DEPOSIT LEAD TIME120 days or more before check-in date

119-60 days before check-in date59-30 days before check-in date

29-14 day(s) before check-in date

PERCENTAGE OF POINTS AWARDED

100%75%50%25%

Exchange Examples-Grand Timber

Multiple Weeks

Trade a 1-bedroom Premier Resort week 6 in Breckenridge for 90,000 points

Redeem for a 1-bedroom Premier Resort week 32 in Cancun for 60,000 points and a studio Affiliate Resort week 26 in Gatlinburg for 30,000 points

Exchange Examples-Grand Lodge on Peak 7

ShortStay

Trade a 2-bedroom Premier Resort week 4 in Breckenridge for 93,750 points

Redeem for a 2-bedroom resort in Orlando for 5 nights (Sunday – Thursday) for 31,500 points

Redeem for a 2-bedroom in Williamsburg for 3 nights (Saturday – Monday) for 28,350 points

Redeem for a studio in Palm Springs for 3 nights (Wednesday – Friday) for 16,475 points

Have 17,425 points remaining for later use

Club Interval Gold Program Fees

• Membership Fees:oOne year renewal fee = $148oTwo year renewal fee = $296oThree year renewal = $376oFive year renewal = $592

Club Interval Gold Program FeesDomestic and International o Exchange fees = $164 (online) $184 (call center)o ShortStay Exchange fee = $119/$139 1-4 night $139/$159 5-6 nightso Cruise, golf or spa exchanges = $164 (online) $184 (call center)