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OYSTER BAY BEACH RESORT RECOGNIZED WITH INDUSTRY AWARDS YEAR AFTER YEAR

Miami, FL, December 14, 2006 — Interval International, a leading global vacation exchange company and operating business of IAC/InterActiveCorp (Nasdaq: IACI), recently presented the management and staff of Oyster Bay Beach Resort (OBBR) with two prestigious industry awards. OBBR executives and staff members received the Interval International Five Star Award® and the Superior Service Award.

"These awards are given to resorts that deliver outstanding products and services to our discerning members when they visit," said David Callaghan, vice president of resort sales and service for Internal International. "Oyster Bay not only offers an extraordinary location and a wealth of amenities, its commitment to excellence in all aspects of its operation is evidenced by the fact that it has met the rigorous standards for Five Star status year after year."

The Interval International Five Star Award® recognizes resorts that provide exceptional vacation experiences. Interval also acknowledged Oyster Bay with the Superior Service Award for its dedication in providing guest services that exceeded the expectations of vacationers in 2006.

"We are delighted to receive these coveted awards for the sixth consecutive year in acknowledgement of our efforts to offer owners and guests memorable vacations," said Jan Borsje, General Manager, OBBR. "We look forward to continue building on the success we have enjoyed."

Located in one of St. Maarten's most stunning settings, Oyster Bay Beach Resort is perched on a secluded eight-acre coral reef peninsula overlooking the Atlantic Ocean on the eastern coast of the island. Peace and elegance reign at this out-of-the-way resort nestled among the coves and curves of the pristine, mile-long Dawn Beach. The resort features 178 spacious one- and two-bedroom units with scenic views of white-sand beaches, turquoise waters, landscaped tropical gardens, and a picturesque marina. The units are decorated with bright colors and white wicker furniture and include fully equipped kitchens, spacious living and dining areas, television and VCR, stackable washer/dryer, and private balconies with designer patio furniture.

A comprehensive array of amenities and activities such as gourmet restaurants, spa, oceanfront infinity pool, fully equipped exercise room, casino, live entertainment, golf, tennis courts, horseback riding, fishing, snorkeling, windsurfing, scuba diving, and sailing are available at or near the resort. The Caribbean has proven itself to be a very popular destination among potential owners of the vacation ownership product. According to the Future Timeshare Buyers: Market Profile 2006, the Caribbean is one of the preferred destinations among pleasure travelers interested in purchasing timeshare, as more than one quarter (27 percent) indicate a desire to visit during the next two years. The study is designed to provide unique insights into the vacation habits, preferences, and intentions of pleasure travelers, who are interested in purchasing some form of vacation ownership within the next two years.

As a Strategic Partner of the Caribbean Hotel Association (CHA) and a Board Member of the Caribbean Tourism Organization's Education Foundation, Interval has been a long time supporter of the tourism industry in the Caribbean. Interval is committed to understanding the unique needs of the Caribbean region and providing products and programs tailored to this market.

About Interval International 

Interval International, a leading vacation ownership exchange company, is celebrating 30 years of quality and innovation. Interval has a global network of more than 2,000 affiliated resorts in over 75 countries, and serves its developer clients and 1.8 million member families through 28 offices in 19 countries. The company provides a variety of services and year-round travel-related benefits to enhance members' vacation experiences. Headquartered in Miami, Florida, Interval International is part of IAC/InterActiveCorp, which operates leading and diversified businesses in sectors being transformed by the Internet, online and offline. Other IAC companies include Ask.com, Citysearch, Entertainment Publications, HSN, LendingTree, and Ticketmaster.​



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Interval International, 6262 Sunset Drive, Miami, FL 33143
www.intervalworld.com    www.resortdeveloper.com