| FOR IMMEDIATE RELEASE Mountain Springs Lodge Signs Letter of Intent with Resort Holiday GroupThe Town of the Blue Mountains-Collingwood ... May 31, 2005 .....Mountain Springs Lodge has signed a Letter of Intent with Resort Holiday Group to allow RHG to establish an RHG Vacation Club membership sales centre on the MSL property at the base of Blue Mountain outside Collingwood, Ontario, beginning September 6, 2005. Dan McIlhone, General Manager of MSL says, “We look forward to working with RHG personnel and theirclients this Fall. We see great opportunities for both organizations with this agreement ". Peter Levoy, executive vice president of RHG, says, “We have been keen to work with MSL for years. They have such a great location, ski in and ski out to Blue Mountain, and a beautiful property. Adding Mountain Springs Lodge to Ocean Manor, our new beachfront property in the Dominican Republic and Georgian Manor, our country club property in Collingwood, will give our members even greater choice in lifestyle locations”. Mountain Springs Lodge Resort & Conference Centre, a four season luxury resort with 144 all-suites accommodation, is located just 90 minutes north of Toronto at the base of Blue Mountain near the shores of Georgian Bay. Resort Holiday Group and its affiliate RHG Vacation Club are one of the largest vacation club operators in Canada and have welcomed and serviced many new vacation club members from its Collingwood operations over the past several years. The Resort Holiday Group owns The Georgian Manor Resort and Country Club , Collingwood, Ontario; and The Ocean Manor Resort and Country Club, Caberete, Dominican Republic. -30- For further info, please contact: Dan McIlhone Mr. Peter Levoy |