Marriott Vacation Club International Announces a New Addition in Aruba

ORLANDO, Fla., AUGUST 8, 2002 – Marriott Vacation Club International (MVCI), the vacation ownership division of Marriott International Inc. (NYSE:MAR), recently announced the development of its second resort in Aruba, Marriott’s Aruba Surf Club. Targeted to open November 2004, the 450-villa resort is adjacent to MVCI’s 218-villa property, Marriott’s Aruba Ocean Club, and the Aruba Marriott Resort & Stellaris Casino. Situated in northwest Aruba, the new resort is also conveniently located near Oranjestad, the island’s capital and only seven miles from Queen Beatrix Airport.

“We are thrilled to bring another quality Marriott Vacation Club International resort to Aruba,” stated Stephen P. Weisz, president, Marriott Vacation Club International. “Our first resort in Aruba has seen great success as it is targeted to sell out nearly three years ahead of schedule. We anticipate Marriott’s Aruba Surf Club will enjoy this type of enthusiasm.”

The resort is proposed to feature 430 two-bedroom/two-bath (1,195 square feet) and 20 three-bedroom/three-bath (1,707 square feet) villas with garden view, oceanside, oceanview or oceanfront views. Each villa will provide a master suite with a deep-soaking tub, fully-equipped kitchen, living and dining areas, multiple televisions and a VCR and stackable washer/dryer. One bedroom will include a kitchenette with a microwave, undercounter refrigerator and a bar sink to allow for the lock-off option. Sales for Marriott’s Aruba Surf Club are now underway with an average pre-construction price of $18,805 per week of ownership.

Additionally, owners will enjoy a host of resort features, including:

¨ Two large pools connected by a lazy river

¨ Marriott Compass Kids’ ClubSM program

¨ Pool bar and grill

¨ Fitness center

¨ The MarketplaceSM, convenience store and deli

¨ Access to the Aruba Marriott Resort & Stellaris Casino and Marriott’s Aruba Ocean

Club facilities

From the architecture to the official language, Dutch influences are scattered throughout the island of Aruba and attracting visitors year-round. Known as the Turquoise Coast, Aruba offers up to 100 feet of water visibility in most areas for scuba diving and snorkeling and it is world-renowned for ideal windsurfing conditions. Deep-sea fishing is also a popular activity for visitors, as Aruba is home to the International White Marlin competition held each October. Additionally, there is a professional caliber golf course ranked in the top 200 in the world by Golf Digest, as well as tennis courts dotted throughout the island and exceptional dining and shopping.

Based in Orlando, Fla., MVCI is the recognized, worldwide industry leader in Vacation Ownership with 52 resorts. The more than 210,000 vacation owners not only benefit from the “Marriott vacation experience,” but also a flexible program with options such as priority week(s) exchange within the MVCI portfolio, trading their week(s) for Marriott RewardsÒ points or exchanging within Interval International’s global system of nearly 1,900 resorts in more than 75 countries.