Exclusive Resorts Announces Partnership

26th Jan 2004

Exclusive Resorts, LLC, http://www.exclusiveresortsclub.com/, a leader in
the luxury residence club industry, today announced a strategic
partnership with The Timbers Company, a leading developer of luxury
private residence clubs and resorts, to develop a portfolio of luxury
residences throughout high-end resort destinations in the US, Mexico and
the Caribbean. Joining Exclusive Resorts and The Timbers Company is
Denver-based S.V. Capital, an investment management firm focused on real
estate opportunities with significant expertise in the emerging private
residence club sector.

The Timbers Company is a well-respected name in real estate development
behind a portfolio of prestigious and well-renowned resort club
communities such as The Timbers Club in Snowmass, CO; Esperanza in Los
Cabos, Mexico; and The Rocks in Scottsdale, AZ. As a first step in this
new partnership, Exclusive Resorts has purchased several residences at The
Rocks and will do so at The Timbers Club. Jointly, the two companies will
develop residences in new destinations to be added to the Exclusive
Resorts` residence portfolio, providing Exclusive Resorts` members with
even more choices for anytime, anywhere access to Exclusive Resorts`
collection of private homes.

“Our relationship with the Timbers Company enables us to quickly provide a
significant number of new residences to meet the needs of our members,
while giving us an inside-track to develop properties in new
destinations,” said Brad Handler, Chairman, CEO and Co-Founder of
Exclusive Resorts. “Timbers Company`s impeccable track record and
like-mindedness in developing successful luxury resort communities
accelerates our efforts to offer new and interesting destinations to our
members. Working hand-in-hand with Timbers` to personally design and
specify the exact size, layout, facilities and décor of our multi- million
dollar luxury residences means our members are assured the quality
experience they`ve come to expect from Exclusive Resorts.”

“We have worked closely with Exclusive Resorts for some time now as the
Company already owns multiple residences in our Scottsdale community,”
said David Burden, President and Founder of The Timbers Company. “We have
been impressed with their rapid growth, and are pleased to be working with
a clear leader in this new sector of the luxury resort market. By working
intimately with the team at Exclusive Resorts we intrinsically understand
what experience their members look for. Therefore, our strategic
partnership proved to be the natural next step in our relationship.
Together with our financial partner, S.V. Capital, we are already looking
at fresh, new locations to develop additional unique and luxurious
residences and expect to have more news on this front very soon.”

The Timbers Company is based in the Aspen/Snowmass area of Colorado and
specializes in the complete development and marketing of private and very
special resort clubs and communities. Its Timbers Club in Snowmass,
Colorado is recognized as the finest and most successful private mountain
residence club. Founded and led by President David Burden, Timbers
consists of a group of real estate development professionals who possess
the desire, the background and the skills necessary to effectively develop
fine private clubs and luxury residential projects in locations that are
the destination of the most selective vacationer and resort home
purchaser. The Company`s mission is to maximize the benefits of a premier
location while respecting the surrounding environment with an absolute top
quality proper density product and the highest level of service and
amenities found in only a very few locales in the world, including The
Timbers Club, Snowmass, CO (http://www.timbersclub.com/); Esperanza, Los
Cabos, Mexico (http://www.esperanzaresort.com/); and The Rocks,
Scottsdale, AZ (http://www.therocksclub.com/).


Exclusive Resorts, LLC. is the pioneer and global leader in the luxury
residence club industry. The Company offers its members guaranteed
anytime, anywhere access to an unparalleled portfolio of the finest
multi-million dollar residences in the world`s most desirable
destinations. Each of Exclusive Resorts` residences are spacious,
elegantly designed and luxuriously appointed and offer services and
amenities found only at the world`s finest hotels and resorts. Experienced
specialists anticipate and cater to every aspect of the member experience.
To join and use Exclusive Resorts, members pay a one-time membership fee
(which is 80% refundable) and annual dues, which provides members access
to the entire portfolio of luxury homes in the world`s greatest
destinations for a fraction of what it would cost to own just one.
Exclusive Resorts` portfolio includes more than 45 ultra-luxury residences
in over 17 locations around the world, with new destinations and
residences being added every week. The company is based in Denver,
Colorado. For more information, please call 800.447.8988 or visit


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