EXHIBIT 99.1 THE TIMESHARE EXCHANGE BUSINESS RCI COMPOUND ANNUAL GROWTH RATE (IN MILLIONS) Members at Year end ---------- 1998 2.30 1993 1.57* CAGR** 8% Exchanges for the year ending --------------- 1998 1.71 1993 1.18* CAGR** 8% - ---------- * The Company acquired RCI on November 12, 1996. Information utilized for this calculation prior to the acquisition date is unaudited. ** Defined as Compound Annual Growth Rate