Intrawest Adds Two New Directors to Board

Intrawest Corporation, one of
the world’s leading destination resort and adventure-travel companies,
announced today that the Board of Directors has been expanded to include
Ms. Marti Morfitt and Mr. Alex Wasilov effectively immediately.
Concurrently, Mr. Daniel Jarvis, a management member of the Board of
Directors, has resigned from his Board position. Mr. Jarvis continues in
his role as President and Chief Executive Officer, Leisure and Travel
Group. The Board of Directors now consists of ten members with Mr. Joe
Houssian, chairman, president and chief executive officer as the sole
management member of the Board. “It is an honour to welcome both Marti and Alex to the Board of
Intrawest,” said Joe Houssian. “The addition of these two individuals adds
considerable experience while strengthening the independence of the Board.”

Ms. Morfitt is President and Chief Executive Officer of CNS, Inc. - The
Breathe Right Company, a successful consumer health care products company
based in Minnesota. In her current role, Marti has transformed CNS into a
profitable consumer health care products company operating in 25
countries. Prior to CNS, Marti was part of the senior executive team at
Pillsbury Company. She is a director on a number of boards and holds an
MBA from York University in Toronto and a BBA from the University of
Western Ontario.

Mr. Wasilov has recently completed an assignment as Senior Advisor with
American Express having led the sale of Rosenbluth International, one of
the world’s largest privately held corporate travel companies with over $3
billion in annual sales, to American Express. Prior to American Express,
Alex was the President and Chief Operating Officer of Rosenbluth and held
a senior executive position at Eastman Kodak Company. He is a director on
a number of boards and holds an MBA from the University of Rhode Island
and a BS in Business Administration from Pennsylvania State University.
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