VAIL, Colo. – Oct.30, 2002 – Time is running out for Colorado skiersand snowboarders who want to take advantage of Vail Resorts’ popularfive mountain Colorado Pass or three mountain Buddy Pass. There arejust five days left to purchase or renew the Colorado Pass and BuddyPass. Pass sales end Sunday, Nov. 3, 2002.

The Colorado Pass features unrestricted skiing at Breckenridge,Keystone and Arapahoe Basin, plus 10days at Vail and Beaver Creek. The 10 days of skiing at Vail andBeaver Creek can be used any time during the more than 150-day season except for nine days around specificholiday periods: Nov. 29-30 and Dec. 27-31, 2002 and Feb. 15-16, 2003. The pass will be available at the renewal rate of $299 and new purchaserate of $319 for adults. A child’s Colorado Pass can be renewed orpurchased new at $129, the same low price as last season.

In addition to the Colorado Pass, Colorado skiers and riders also canpurchase the Buddy Pass at the renewal rate of $249 or new purchase rateof $269 for adults. A child’s Buddy Pass, whether renewing orpurchasing new, will be available at $109 for children. Both theColorado Pass and Buddy Pass offer unlimited, unrestricted skiing andriding at Keystone, Breckenridge and Arapahoe Basin.

Skiers and snowboarders can purchase both the Colorado Pass and theBuddy Pass at all REI locations, all Colorado Ski and Golf locations,Grand West Outfitters and Boulder Ski Deals. The passes will be on saleat these locations, Fridays to Sundays, through Nov. 3, 2002. Thisweekend, snowsports enthusiasts can purchase these pass products at theColorado Snowsports Expo at the Colorado Convention Center in Denver.The Snowsports Expo runs, Friday, Nov. 1 – Sunday, Nov. 3, 2002.

New pass holders must be present at the time of purchase since a photomust be taken for the pass. Current pass holders can renew online atwww.snow.com throught Sunday, Nov. 3, 2002. For more information on theColorado Pass and Buddy Pass, call the Colorado Sales Office at (303)504-5870.

With the snow already falling in ski country, there is no better timeto purchase a five-mountain season pass. Vail, Beaver Creek,Breckenridge and Keystone have reported consistent snowfall over thepast four days and forecasts call for additional accumulation over thenext two days. Vail and Beaver Creek have received nearly four feet ofsnow this season and both resorts reported an 18-inch settled naturalsnow base at the summit. Temperatures have fallen in the Colorado highcountry allowing Beaver Creek, Breckenridge and Keystone to make snow asweather permits. Vail is scheduled to begin snowmaking Nov. 1, 2002.

For information on lodging, activities and events at all four resortsthis winter, call (800) 404-3535 or visit www.snow.com.

Vail Resorts, Inc. is the leading mountain resort operator in theUnited States. The Company operates the mountain resorts of Vail,Beaver Creek, Breckenridge and Keystone in Colorado, Heavenly inCalifornia and Nevada, and the Grand Teton Lodge Company in JacksonHole, Wyo. The Company also holds a majority interest in Rockresorts, aluxury resort hotel company with 10 distinctive properties across theUnited States. Vail Resorts Development Company is the real estateplanning, development, construction, retail leasing and managementsubsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held companytraded on the New York Stock Exchange (NYSE: MTN). The Vail Resortscompany website is www.vailresorts.com and consumer website iswww.snow.com.