The Aruban Resort Partners with Interval

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. October 14, 2008

APRIL 22, 2008. Interval International, a leading provider of vacation services, announced the addition of TheAruban Resort & Casino at Eagle Beach to its global vacation exchangenetwork. KL International, LLC, a closely held resort and casinodevelopment company, recently acquired the property, which isundergoing a complete renovation. It includes 362 timeshare villas andhotel suites, a restaurant, recreational amenities, and a50,000-square-foot casino, which is scheduled to re-open later thisyear.

"Interval is looking forward to working with KL International tosupport its entry and long-term success in the vacation ownershipindustry," said David C. Gilbert, executive vice president of resortsales and marketing for Interval International. "The considerablecapital improvements that the company has planned for this project willundoubtedly make it a highly desirable destination resort for ourmembers to visit."

The Aruban Resort & Casino will offer a variety of unit types,including one-, two-, and three-bedroom villas. All villas will featureelegant furnishings; state-of-the-art electronics such as 42-inch flatscreen televisions; fully-equipped kitchens with stainless steelappliances, custom-made wood cabinets, and Corian countertops;bathrooms with walk-in "rain" showers and marble vanity counters; andprivate balconies or patios. Gil Rivera Design Studio, LLC of Floridahas been retained to create a "Contemporary Caribbean" living spacewith a warm, comfortable, colorful ambiance, and all the comforts of ahome-away-from-home.

"We are delighted to partner with Interval International because of itsoutstanding programs and services that are renown in the industry. Ourcompanies clearly share a commitment to deliver exemplary quality andservice," said Farzin Ferdosi, managing director of The Aruban Resortand Casino. "The ability to exchange into Interval's high-qualityworldwide network of resorts significantly enhances our owners'vacation flexibility as well as their ownership value proposition."

The resort is located across from Eagle Beach and is only 15 minutesfrom the airport and five minutes from Oranjestad, Aruba's capital.Guests will be able to enjoy extensive amenities and services on-siteand nearby, including a restaurant and bar, ice cream shop, gift shop,multi-level pool with a 150-foot waterslide, swim-up bar, a pooldesigned for relaxation with a waterfall and hot tub, day spa, varioustennis courts, multiple water sports, walking and jogging trails,horseback riding, and ATV riding.

The investment in the property will include the redesign and upgrade ofthe casino to a state-of-the-art gaming, entertainment, restaurant, andconvention facility that when completed will be one of the biggest inthe Caribbean.

Aruba offers visitors a scenic beauty with unmatched crystal clear bluewaters, miles of white sand beaches, first-class accommodations,extraordinary international cuisine, casinos, exclusive shops andboutiques, spas, world-famous music festivals, unique cultural events,and exciting water sports. Those interested in the local wildlife cango bird watching in a protected sanctuary, tour a coconut plantation,or hike through the Arikok National Park tracking the island's exoticflora and fauna.