SOURCE: Sunterra Corporation

April 13, 2005 11:00 ET

Sunterra Corporation Announces March Quarter Results Release Date, Management Presentation

LAS VEGAS, NV -- (MARKET WIRE) -- April 13, 2005 -- Sunterra Corporation (NASDAQ: SNRR) announced today that it would release the Company's financial results for the quarter ended March 31, 2005 after the market close on Monday, May 9, 2005. Sunterra's senior management will host a conference call one hour later at 5:30 p.m.

Participants may listen to the conference call by dialing 1-(888) 428-4480 and using conference number 774725, or may listen to a replay after 8:30 pm eastern the same day, by dialing 1-(800) 475-6701 and using the same conference number.

Analyst Presentation

Sunterra's senior management team will host a seminar on May 11, 2005, at Fairmont Scottsdale Princess, located at 7575 East Princess Drive in Scottsdale, Arizona, from 8:00 a.m. to 11:00 a.m. local time. Presenters will include President and Chief Executive Officer Nick Benson; Chief Financial Officer Steve West; Sunterra Europe Managing Director David Harris; and Andy Gennuso, President of Sunterra's U.S. marketing arm.

These executives will discuss various facets of Sunterra's business in detail, including Club Sunterra -- Sunterra's trust-backed points system -- and key business areas such as sales and marketing, financial services and property management. A question and answer period will follow the presentations, and participants will have the opportunity to tour local Sunterra properties.

Reservations are required. Interested parties are directed to email their request and contact information to investorrelations@sunterra.com. The presentation used in the seminar will be available via the Investor Relations section of Sunterra's website, www.sunterra.com. The Company also plans to webcast the event live. To listen to the live web cast, go to http://secure.sunterra.com/corp and click on the Investor Relations tab at least 15 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will be made available after the presentation and will run for a limited period.

Sunterra is one of the world's largest vacation ownership companies with more than 300,000 owner member families and 95 Club Sunterra resort locations in 13 countries, throughout the continental United States and Hawaii, Canada, Europe, the Caribbean and Mexico. Sunterra news releases, as well as event listings and additional information on the Company, can be found at www.sunterra.com.

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