Thunderbird Resorts Inc.
FRANKFURT : 4TR
EURONEXT : TBIRD

Thunderbird Resorts Inc.

April 12, 2012 20:57 ET

Thunderbird Resorts Inc.: March 2012 Revenue Report

PANAMA, REPUBLIC OF PANAMA--(Marketwire - April 12, 2012) - Thunderbird Resorts Inc. ("Thunderbird" or "Group") (FRANKFURT:4TR)(EURONEXT:TBIRD) reports the following revenues for March 2012:

Consolidated Revenue: 3.71% increase March year-to-year
Philippines Revenue: 13.67% increase March year-to-year
Peru Revenue: 3.55% decrease in March year-to-year
Costa Rica Revenue: 5.92% decrease in March year-to-year
Nicaragua Revenue: 0.98% increase in March year-to-year

For a more detailed analysis of March 2012 revenue, please go to the Company's web page at: www.thunderbirdresorts.com and click on "March 2012 Revenue Report - Analysis", which will be located on the home page under "News and Press Releases".

Thunderbird Resorts Inc. - Group-wide sales
results by country (unaudited,
in millions)
March
2012
March
2011
Year-over-year
increase/
(decrease)
Philippines 4.74 4.17 13.67%
Peru 2.99 3.10 -3.55%
Costa Rica 1.59 1.69 -5.92%
Nicaragua 1.03 1.02 0.98%
Total Consolidated Revenues 10.35 9.98 3.71%

ABOUT THE COMPANY

We are an international provider of branded casino and hospitality services, focused on markets in Asia and Latin America. Our mission is to "create extraordinary experiences for our guests". Additional information about the Group is available on its World Wide Web site at www.thunderbirdresorts.com.

Cautionary Notice: This release contains certain forward-looking statements within the meaning of the securities laws and regulations of various international, federal, and state jurisdictions. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential revenue and future plans and objectives of the Group are forward-looking statements that involve risk and uncertainties. There can be no assurances that such statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Group's forward-looking statements include competitive pressures, unfavorable changes in regulatory structures, and general risks associated with business, all of which are disclosed under the heading "Risk Factors" and elsewhere in the Group's documents filed from time-to-time with the AFM and other regulatory authorities.

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