MOUNTAIN CREEK ANNOUNCES SEASON PASS OFFERS

Vernon, NJ (October 7, 2004) – With the Farmer’s Almanac calling for a snowier than normal season, with significant snowfall from mid-November through March, Mountain Creek is pleased to offer substantial savings on 2004-2005 season passes. Mountain Creek’s 4Buy4 season pass is an easy-to-use package that delivers tremendous savings and increased benefits, particularly for those who buy the package before November 15, 2004. The 4Buy4 package is just that – a group of four participants who purchase season passes together and receive up to $200 savings per pass. Each adult 4Buy4 pass is $239 and each youth/senior 4Buy4 pass costs $189 through November 15, 2004. 4Buy4 passes can include any combination of four – adults, youths and seniors. Prices will increase $100 beginning November 16, 2005. “It looks like we’re going to have a long winter with lots of snow, so for groups who know they want to spend some time on the slopes, the 4Buy4 season pass is ideal,” said Bill Benneyan, Director of Marketing and Sales at Mountain Creek. “Whether it’s families or groups of friends, thefour-person group pass is a great way to save. Why pay more when you don’t have to?”

Individual season passes are also available at the pre-season price of just $339 for adults, and $249 for youth and seniors. Rates will increase by $100 beginning November 16, 2005. Having a Mountain Creek season pass is like a license to ski or ride anytime – after school, a day off from work, a quick morning session – without being concerned that the trip is ‘worth it’. Season pass holders at Mountain Creek avoid waiting in ticket lines and enjoy first tracks on weekends, when the mountain opens an hour early exclusively for pass holders. Members also enjoy discounts at other Intrawest resorts, including lift tickets at Stratton in Vermont for as low as $10, and up to 50% off lift tickets at sister resorts such as Whistler/Blackcomb, Copper Mountain and Tremblant. Plus, members receive discounts throughout theresort on retail and food, not to mention a free subscription to either Transworld Snowboarding or Freeze, freestyle ski magazine.

Creek Cards are also available now, existing customers can renew their cards for just $39 prior to December 1, 2005 and new members can purchase a Creek Card for just $49. Purchase prior to December 1 to receive a freemidweek lift ticket. Creek Card holders get 50% off mid-week and 25% off weekend and holiday lift tickets all season long, plus receive their fourth visit free after three Creek Card lift ticket purchases. Customers can purchase passes online at mountaincreek.com or call GuestServices at 973-827-2000.

ABOUT MOUNTAIN CREEKLocated just 47 miles from New York City and owned by Intrawest, Mountain Creek boasts state of the art snowmaking with skiing and riding on 46 trails over four peaks accessible by recently upgraded lifts. A vertical of more than 1,040 feet combined with a huge network of terrain parks, the region’s only Superpipe and world-class lodging facilities have quickly made Mountain Creek the premier winter resort in the region. A true four-season destination, Mountain Creek features summer family fun atMountain Creek Waterpark and Diablo Freeride downhill mountain biking park, as well luxurious townhouse-style accommodations in Black Creek Sanctuary. The first phase of the mountain village development, the Appalachian hotel, is expected to open in the Spring of 2005, and as the master-planned village grows look for additional lodging, retail, meeting and conference space.