SOURCE: TimeShare Holdings

February 15, 2011 10:00 ET

TimeShare Holdings Updates Shareholders on 2011 Annual Meeting Details and New Company Website

LAS VEGAS, NV--(Marketwire - February 15, 2011) - TimeShare Holdings, Inc., (OTCQB: TMSH) (PINKSHEETS: TMSH) ('TMSH'; 'The Company') is pleased to update its shareholders with details about the 2011 Annual Shareholders Meeting and announce that the Company's new transitional website is online.

To accommodate several shareholders' requests, the Company has agreed to move the 2011 Annual meeting venue from its headquarters in Lincoln City, Oregon, to the more centrally located city of Portland, Oregon, which is conveniently situated near the Portland International Airport. The meeting time has also changed from 10:00 AM PST to 10:30 AM PST. This venue and start time were detailed in the Shareholder Proxy Materials sent to all shareholders of record as of the end of business on January 31, 2001.

NOTICE OF 2011 ANNUAL MEETING OF SHAREHOLDERS
February 28, 2011 at 10:30 a.m. Pacific Standard Time

NEW MEETING LOCATION:
The Hyatt Place at Portland Airport/Cascade Station
9750 NE Cascades Parkway, Portland, OR 97220, USA

The Company is also pleased to announce that its transitional website is now online at: www.tmshglobal.com. The transitional website provides easy access to current Press Releases and Filings and also provides overviews of its current initiatives. Following the ratification of the new name at the 2011 Annual Meeting, the Company intends to develop an all-new website by late March, which is even more comprehensive.

"We are delighted with the rapid progress we are making on core operational elements and on impressive projects around the globe. We intend to present several exciting milestones to shareholders in the coming weeks. We believe these projects will not only show the significant magnitude of the Company's growth but will also enhance shareholder value," says Paul Thompson, Vice President, Investor Relations.

Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding Biogas, PV Solar Energy, Wind Energy other alternative energy explorations in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to PV Solar Energy, Wind Energy other alternative energy development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks such as weather conditions uncertainties. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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