HEAVENLY AND LAKE TAHOE RECEIVE FIRST MAJOR SNOW OF THE SEASON

· Snow, Cold Weather Give the West Coast’s Largest Snowmaking System a Jump Start

· Heavenly Plans to Open for Skiing and Snowboarding on November 19, 2010

· Lake Tahoe’s Best Season Pass Value on Sale for $379

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Heavenly Mountain Resort, Lake Tahoe, Calif./Nev. – November 8, 2010 – La Nina made its first appearance of the year at Lake Tahoe, blanketing Heavenly Mountain Resort with eight to 12 inches of new snow. Cold temperatures and scattered snow showers are predicted this week, providing ideal conditions for the West Coast’s largest snowmaking system to create the best snow surfaces at Lake Tahoe for Heavenly’s opening day, scheduled for Friday, November 19, weather and conditions permitting.

Under optimum conditions, Heavenly can cover 73 percent of its trails in machine-made snow, by far the most in the Lake Tahoe Basin. In more visual terms, Heavenly can produce three-and-a-half feet of snow over one acre in an hour. That’s enough snow to blanket a football field with eight-and-a-half feet during an average three-hour game.

“These early storms are great for creating that base we’re going to need to get open by November 19,” said John Wagnon, Heavenly’s vice president of marketing and sales. “With a little help from Mother Nature, the West Coast’s largest snowmaking system will ensure our guests experience the best and most consistent snow surfaces that Lake Tahoe has to offer.”

With the combined power of Mother Nature and the West Coast’s largest snowmaking system creating excellent early-season conditions, it is the perfect time to purchase Lake Tahoe’s best snowsports value – the $379 Heavenly/Northstar season pass. The Adult (ages 19-64) Heavenly/Northstar Pass is valid for unlimited skiing/riding at Heavenly, Northstar-at-Tahoe and Sierra-at-Tahoe during the 2010/2011 winter season except the following seven (7) restricted days at Heavenly and Northstar: December 27-31, 2010 and February 19-20, 2011 and the following ten (10) restricted days at Sierra: December 26-31, 2010, January 15-16, 2011 and February 19-20, 2011. All told, the Heavenly/Northstar pass offers 9,800 acres, 232 trails, 63 lifts, 16 terrain parks, and two new base villages bundled into one incredible package. Throw in Heavenly’s new, 15,000-square-foot on-mountain lodge and unlimited and unrestricted half-off daily tickets at Vail, Beaver Creek, Breckenridge, and Keystone, and this pass borders on unbelievable.

Heavenly is also offering its popular “Half-Off Heavenly” vacation package where guests ski or ride four days and stay four nights starting at just $52 per person, per night. This offer is valid November 21 through November 25, 2010, and November 28 through December 16, 2010.

For information on booking a snowsports vacation package or purchasing a Heavenly season pass, or to monitor the snowmaking process via Heavenly’s web cams, visit www.skiheavenly.com.

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About Heavenly

Heavenly Mountain Resort is a world-class destination offering guests a one-of-a-kind combination of scenic beauty and exhilarating on-snow experience. Heavenly is a subsidiary of Vail Resorts, Inc., the leading mountain resort operator in the United States. In addition to Heavenly, Vail Resorts, Inc. owns and operates the Colorado mountain resorts of Vail, Beaver Creek, Breckenridge and Keystone, and the Grand Teton Lodge Company in Jackson Hole, Wyo. The Company’s subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties across the United States and in the Caribbean. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com. For more information on Heavenly, please visit www.skiheavenly.com or call 1-800-HEAVENLY.