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Raintree s Cimarron Golf Resort Palm Springs, California Studio HIGH 7, 51-52 800 800 800 1100 1200 1200 1100 7000 MID 1-6, 8-20, 46-50 700 700 700 900 1050 1050 900 6000 LOW 21-45 500 500 500 550 700 700 550 4000 HIGH 7, 51-52 1100 1100 1100 1600 1750 1750 1600 10000 MID 1-6, 8-20, 46-50 1000 1000 1000 1400 1600 1600 1400 9000 LOW 21-45 800 800 800 1100 1200 1200 1100 7000 HIGH 7, 51-52 1500 1500 1500 2000 2250 2250 2000 13000 MID 1-6, 8-20, 46-50 1300 1300 1300 1650 1900 1900 1650 11000 LOW 21-45 1000 1000 1000 1400 1600 1600 1400 9000 Raintree at Westin Resort & Spa* Whistler, B.C. Canada Studio PEAK 7-13, 51-52 1300 1300 1300 1650 1900 1900 1650 11000 HIGH 1-6, 14-17 1100 1100 1100 1600 1750 1750 1600 10000 MID 18-22, 27-40, 47-50 900 900 900 1200 1450 1450 1200 8000 LOW 23-26, 41-46 600 600 600 700 900 900 700 5000 PEAK 7-13, 51-52 1700 1700 1700 2300 2650 2650 2300 15000 HIGH 1-6, 14-17 1600 1600 1600 2200 2400 2400 2200 14000 MID 18-22, 27-40, 47-50 1400 1400 1400 1800 2100 2100 1800 12000 LOW 23-26, 41-46 1000 1000 1000 1400 1600 1600 1400 9000 PEAK 7-13, 51-52 2400 2400 2400 3300 3600 3600 3300 21000 HIGH 1-6, 14-17 2100 2100 2100 2750 3100 3100 2750 18000 MID 18-22, 27-40, 47-50 1700 1700 1700 2300 2650 2650 2300 15000 LOW 23-26, 41-46 1400 1400 1400 1800 2100 2100 1800 12000 *A room change may be required if a reservation crosses over a Saturday. Owners will be notified in advance should a room change be required.

Raintree at Franz Klammer Lodge* Telluride, Colorado PEAK 7, 51-52 2400 2400 2400 3300 3600 3600 3300 21000 HIGH 1-6, 8-14 2100 2100 2100 2750 3100 3100 2750 18000 MID 21-40, 47-50 1700 1700 1700 2300 2650 2650 2300 15000 LOW 15-20, 41-46 1400 1400 1400 1800 2100 2100 1800 12000 PEAK 7, 51-52 2900 2900 2900 3850 4300 4300 3850 25000 HIGH 1-6, 8-14 2500 2500 2500 3400 3850 3850 3400 22000 MID 21-40, 47-50 2200 2200 2200 2900 3300 3300 2900 19000 LOW 15-20, 41-46 1800 1800 1800 2500 2800 2800 2500 16000 *FEES (PAID AT THE RESORT) 2BR - $28.00 NIGHTLY USAGE FEE PLUS $175.00 CLEANING FEE 3BR - $35.00 NIGHTLY USAGE FEE PLUS $210.00 CLEANING FEE If a reservation crosses over a Sunday, a room change may be required and the cleaning fee will be applied twice. Owners will be notified in advance should a room change be required. Raintree at The River Club* Telluride, Colorado PEAK 7, 51-52 2400 2400 2400 3300 3600 3600 3300 21000 HIGH 1-6, 8-14 2100 2100 2100 2750 3100 3100 2750 18000 MID 21-40, 47-50 1700 1700 1700 2300 2650 2650 2300 15000 LOW 15-20, 41-46 1400 1400 1400 1800 2100 2100 1800 12000 PEAK 7, 51-52 2900 2900 2900 3850 4300 4300 3850 25000 HIGH 1-6, 8-14 2500 2500 2500 3400 3850 3850 3400 22000 MID 21-40, 47-50 2200 2200 2200 2900 3300 3300 2900 19000 LOW 15-20, 41-46 1800 1800 1800 2500 2800 2800 2500 16000 *Supplemental fee per night (paid at the resort): 2BR - $25.00 3BR - $35.00 Full week stays only, with check-in on Saturday for reservations until 5/02/2013 or between 10/26/2013 and 5/01/2014 and check-in on Friday for reservations between 5/03/2013 and 10/25/2013. Raintree at Kona Reef* Kona, Big Island, Hawaii 1 bedroom HIGH 1-17, 22, 27, 47, 51-52 1400 1400 1400 1800 2100 2100 1800 12000 LOW 18-21, 23-26, 28-46, 48-51 1100 1100 1100 1600 1750 1750 1600 10000 *Utility Surcharge per day (paid at the resort): 2BR -$3.13 3BR - $3.13

Raintree s Club Regina Cancun* Cancun, Mexico Hotel STudio Club Suite Grand Suite HIGH 13-14, 46, 51-52 1400 1400 1400 1800 2100 2100 1800 12000 MID 1-12, 15-17, 24-34, 41-45, 47-50 1100 1100 1100 1600 1750 1750 1600 10000 LOW 18-23, 35-40 900 900 900 1200 1450 1450 1200 8000 *Cleaning fee per week (paid at the resort): STUdio/HoTeL - $10.50 Club Suite - $21.00 Grand Suite - $31.50 Raintree s Villa Vera Puerto Isla Mujeres Isla Mujeres, Mexico superior suite villa

Raintree s Club Regina Los Cabos* Los Cabos, Mexico Hotel STUDIO Club Suite Grand Suite HIGH 13-14, 46, 51-52 1400 1400 1400 1800 2100 2100 1800 12000 MID 1-12, 15-17, 24-34, 41-45, 47-50 1100 1100 1100 1600 1750 1750 1600 10000 LOW 18-23, 35-40 900 900 900 1200 1450 1450 1200 8000 *Cleaning fee per day (paid at the resort): STUdio/HoTeL - $3.00 Club Suite - $4.00 Grand Suite - $5.00 Raintree s Club Regina Puerto Vallarta Puerto Vallarta, Mexico Hotel Hotel with Kitchenette Club Suite Grand Suite HIGH 13-14, 46, 51-52 1400 1400 1400 1800 2100 2100 1800 12000 MID 1-12, 15-17, 24-34, 41-45, 47-50 1100 1100 1100 1600 1750 1750 1600 10000 LOW 18-23, 35-40 900 900 900 1200 1450 1450 1200 8000

Raintree at Park Plaza* Park City, Utah Studio HIGH 7, 51-52 800 800 800 1100 1200 1200 1100 7000 MID 1-6, 8-16, 44-50 700 700 700 900 1050 1050 900 6000 LOW 17-43 500 500 500 550 700 700 550 4000 Jr Suite HIGH 7, 51-52 800 800 800 1100 1200 1200 1100 7000 MID 1-6, 8-16, 44-50 700 700 700 900 1050 1050 900 6000 LOW 17-43 500 500 500 550 700 700 550 4000 HIGH 7, 51-52 1100 1100 1100 1600 1750 1750 1600 10000 MID 1-6, 8-16, 44-50 1000 1000 1000 1400 1600 1600 1400 9000 LOW 17-43 800 800 800 1100 1200 1200 1100 7000 HIGH 7, 51-52 1500 1500 1500 2000 2250 2250 2000 13000 MID 1-6, 8-16, 44-50 1300 1300 1300 1650 1900 1900 1650 11000 LOW 17-43 1000 1000 1000 1400 1600 1600 1400 9000 *Any reservation that is less than or more than 7 nights is charged a split week fee (paid at the resort): Studio - $25; Mini - $40; 1BR - $50; 2BR - $60 Raintree s The Miners Club Park City, Utah PEAK 1-15, 49-52 2400 2400 2400 3300 3600 3600 3300 21000 HIGH 25-32 2100 2100 2100 2750 3100 3100 2750 18000 MID 21-24, 33-37 1700 1700 1700 2300 2650 2650 2300 15000 LOW 16-20, 38-48 1400 1400 1400 1800 2100 2100 1800 12000 PEAK 1-15, 49-52 2900 2900 2900 3850 4300 4300 3850 25000 HIGH 25-32 2500 2500 2500 3400 3850 3850 3400 22000 MID 21-24, 33-37 2200 2200 2200 2900 3300 3300 2900 19000 LOW 16-20, 38-48 1800 1800 1800 2500 2800 2800 2500 16000 4 Bedroom PEAK 1-15, 49-52 3300 3300 3300 4550 5000 5000 4550 29000 HIGH 25-32 3000 3000 3000 4000 4500 4500 4000 26000 MID 21-24, 33-37 2600 2600 2600 3600 4000 4000 3600 23000 LOW 16-20, 38-48 2200 2200 2200 2900 3300 3300 2900 19000

Raintree s Sandcastle at Birch Bay Birch Bay, Washington HIGH 19-38 1100 1100 1100 1600 1750 1750 1600 10000 MID 4-18, 39-43, 47, 52 1000 1000 1000 1400 1600 1600 1400 9000 LOW 1-3, 44-46, 48-51 800 800 800 1100 1200 1200 1100 7000 HIGH 19-38 1500 1500 1500 2000 2250 2250 2000 13000 MID 4-18, 39-43, 47, 52 1300 1300 1300 1650 1900 1900 1650 11000 LOW 1-3, 44-46, 48-51 1000 1000 1000 1400 1600 1600 1400 9000 HIGH 19-38 1800 1800 1800 2500 2800 2800 2500 16000 MID 4-18, 39-43, 47, 52 1600 1600 1600 2200 2400 2400 2200 14000 LOW 1-3, 44-46, 48-51 1400 1400 1400 1800 2100 2100 1800 12000 Raintree at Teton Club* Jackson Hole, Wyoming PEAK 1-14, 51-52 2400 2400 2400 3300 3600 3600 3300 21000 HIGH 23-41 2100 2100 2100 2750 3100 3100 2750 18000 MID 42-50 1700 1700 1700 2300 2650 2650 2300 15000 LOW 15-22 1400 1400 1400 1800 2100 2100 1800 12000 PEAK 1-14, 51-52 2900 2900 2900 3850 4300 4300 3850 25000 HIGH 23-41 2500 2500 2500 3400 3850 3850 3400 22000 MID 42-50 2200 2200 2200 2900 3300 3300 2900 19000 LOW 15-22 1800 1800 1800 2500 2800 2800 2500 16000 *Full week stays only, with check in on Saturday. PEAK HIGH MID LOW Notice: As further set forth in the Disclosure Guide, Vacation Point values may be periodically adjusted or amended from time to time, as determined by the Facilitator and the respective Collection Affiliate, in order to respond to actual Participant use patterns and changes in Participant use demand for Inventory existing at that time in the Direct Exchange program. Any such adjustment or amendment may lead to an increase or decrease in the number of Vacation Points required to reserve Inventory. Vers.2 02/13