The
company cautions you that these statements are not guarantees
of future
performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability
of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in the
company's most recent Annual Report on Form 10 - K filed with the U.S Securities and Exchange Commission (the «SEC») and in
subsequent SEC filings, any
of which could cause actual results to differ materially from those expressed in or implied in this press release.