Private Retreats, LLC. Aquires New Properties in Teton Village, Wyoming; Cabo San Lucas, Mexico; Scottsdale, Arizona; and the Dominican Republic

Business Wire, Jan 16, 2003

Business Editors

TELLURIDE, Colo.--(BUSINESS WIRE)--Jan. 16, 2003

Over 40 Exclusive Properties Now Available Worldwide

Private Retreats, the world's leading private members club, announces the acquisition of new resort properties in four prime vacation destinations: Jackson Hole, Wyoming; Cabo San Lucas, Mexico; Scottsdale, Arizona; and the Dominican Republic.

"The recent increase in membership has resulted in the need to add a number of new luxury residences to our portfolio of fine properties," said Larry Langer, Director of Acquisitions for Private Retreats. "We continue to focus our efforts on acquiring the best luxury properties around the world for our members and these recent acquisitions certainly live up to our mission," added Langer.

The new acquisitions include properties at the Residences at Snake River Lodge and Spa and Teton Mountain Lodge in Jackson Hole, Wyoming; Cabo San Lucas, Mexico; Scottsdale, Arizona; the Top Notch Resort and Spa in Stowe, Vermont; and Casa de Campo, Dominican Republic.

Membership growth in Private Retreats has also necessitated the addition of new sales offices in Telluride, Colorado; Jackson Hole, Wyoming; Vail, Colorado; and Park City, Utah. The new offices provide sales and marketing of Private Retreats Memberships and are staffed daily throughout the ski season.

Private Retreats is an exclusive membership club offering its members a collection of homes, yachts and club memberships in 26 resorts around the world since 1999. These properties are held for the exclusive use of members on an unlimited basis. Headquartered in Southport, Connecticut, Private Retreats is the only multi-location real estate resort club in the U.S.

Private Retreats homes, yachts and houseboats are located in such top destinations as Telluride, Colorado; Steamboat Springs; Jackson Hole; Beaver Creek; Park City; Lake Tahoe; Stowe; Scottsdale; San Diego; Las Vegas; Hilton Head; Cabo San Lucas; Lake Powell; Tortola; Nevis; Dominican Republic; Hawaii; Boca Grande; Gleneagles; St. Andrew's; England; Ireland and in France.

To learn more, contact Private Retreats at 800/925-7577 or visit www.private-retreats.com.