PRNewswire-FirstCall VAIL, Colo. Oct. 27 :

Vail Resorts, Inc. announced today that it is filing Form 12b-25 to extend
the filing date of its annual report on Form 10-K, in order to allow more
time for the Company and its auditors to complete the 2003 fiscal year-end
audit. The extension allows the Company to file its annual results on or
before November 13, 2003. The Company also announced that it will issue an
advisory as soon as the date for its fiscal year-end earnings release has
been determined.
Vail Resorts, Inc. is the premier mountain resort operator in North
America. The Company`s subsidiaries operate the mountain resorts of Vail,
Beaver Creek, Breckenridge and Keystone in Colorado, Heavenly Resort in
California and Nevada and the Grand Teton Lodge Company in Jackson Hole,
Wyoming. In addition, the Company`s RockResorts luxury resort hotel
company operates 10 resort hotels throughout the United States. The Vail
Resorts corporate website is http://www.vailresorts.com/ and the consumer
websites are http://www.snow.com/ and http://www.rockresorts.com/ . Vail
Resorts, Inc. is a publicly held company traded on the New York Stock
Exchange
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