The Holiday Club in Australia is associated with a group of Clubs developed by the Beekman Brothers, Braam and John, who have over thirty years of experience in the holiday ownership industry. They started in 1982, developing and building seven resorts. In 1993 the points system was launched. Today, the *Holiday Club South Africa* is the owner of stock in over 52 resorts in South Africa. The group currently has over 70,000 members and is growing by five to six thousand members per year. The Responsible Entity is part of the Resort Condominium International (RCI) Global Vacation Network, a division of Wyndham Worldwide Corporation. Wyndham is listed on the New York Stock Exchange and is a member of the S&P 500 Index. Wyndham is one of the world's largest publicly traded hospitality companies, and the RCI Global Vacation Network is the operator of the world's largest vacation exchange and rental networks. It offers its more than 3 million members access to approximately 55,000 vacation properties located in over 100 countries. The Beekman brothers and Wyndham jointly own Vacation Management Services Pty Ltd., which manages the Holiday Club South Africa. In a competitive market, Holiday Club South Africa has built up and maintained its position as one of the largest, points-based holiday ownership clubs in South Africa. It contributes around 30% of RCI's South African enrollments every year and has won many awards for the most enrollments in South Africa. On three occasions during the past ten years, The Holiday Club South Africa has won the Developer of the Year award from RCI, and the Beekman brothers have been inducted into the RCI Hall of Fame for their contribution to the industry. For more information on this fantastic Vacation Club, visit www.theholidayclub.com.

*Outstanding Multi-Destination Membership* Featuring finely appointed floating accommodations. Annual usage is based on points, with 15,000 points per year included in the sale. Points can be used to stay at any resort in the Holiday Club South Africa network. RTU in perpetuity. Maintenance fees are paid every year. For more information or to make an offer, please submit the inquiry form.