ALL DOLLAR AMOUNTS ARE IN U.S. CURRENCY VANCOUVER, April 6 /PRNewswire-FirstCall/ -- Intrawest Corporation, a world leader in destination resorts and adventure travel, is pleased to announce that Alex Wasilov has been appointed to the company's newly created position of president and chief operating officer. Mr. Wasilov will lead the operating divisions of Placemaking; Mountain Resorts; Lodging, Golf and Spa; Adventure and Active Travel; and Corporate Development and will report directly to Joe Houssian, chairman and chief executive officer of Intrawest Corporation. Mr. Wasilov has been a member of Intrawest's Board of Directors since February 2005 and brings to this senior position a wealth of experience. Prior to this appointment, Mr. Wasilov was president of Hirtle, Callaghan & Co., a $12 billion financial asset management firm. He has served in a number of other senior leadership roles, including president of Rosenbluth International, a travel management company operating in 57 countries and with sales in excess of $3 billion. Other senior roles included chief operating officer of Eastman Kodak Company, president of Kodak China and president of Xerox Emerging Markets where he was responsible for Xerox operations in Europe, China, Russia, India and other parts of the world. Mr. Wasilov serves as director on numerous corporate boards and holds an MBA from the University of Rhode Island. "Alex is a mature, experienced executive who has a proven track record of taking Fortune 100 companies to new levels in a global context," said Joe Houssian. "Alex is a great new asset for our company, and I look forward to working with him as we continue to firmly establish Intrawest as the world leader in destination resorts and adventure travel." Intrawest also announced today that Drew Stotesbury has been appointed president of Intrawest Placemaking and will report directly to Alex Wasilov. Mr. Stotesbury, the former chief financial officer of Intrawest Placemaking and since November 2005 the division's acting president, brings to the position more than 20 years of senior level financial and operating experience in the resort and lodging sectors. "A key component to the success of Intrawest is the strength and diversity of our real estate organization," said Joe Houssian. "Drew's distinct leadership qualities have enabled him to make a very impressive impact within our organization since his arrival in 2004. His disciplined financial approach provides the structure required to foster the tremendous growth of our real estate division." Intrawest Corporation (IDR:NYSE; ITW:TSX) is a world leader in destination resorts and adventure travel. The company has interests in 10 resorts at North America's most popular mountain destinations, including Whistler Blackcomb, a host venue for the 2010 Winter Olympic and Paralympic Games. Intrawest owns Canadian Mountain Holidays, the largest heli-skiing operation in the world, and an interest in Abercrombie & Kent, the world leader in luxury adventure travel. The Intrawest network also includes Sandestin Golf and Beach Resort in Florida and Club Intrawest - a private resort club with nine locations throughout North America. Intrawest develops real estate at its resorts and at other locations across North America and in Europe. Intrawest is headquartered in Vancouver, British Columbia. For more information, visit http://www.intrawest.com/. Statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. Intrawest's actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Intrawest's ability to implement its business strategies, seasonality, weather conditions, competition, general economic conditions, currency fluctuations and other risks detailed in the company's filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. For additional information, please contact Mr. John Currie, chief financial officer, at (604) 669-9777 or Mr. Tim McNulty, director, investor relations at (604) 623-6620 or at If you would like to receive future news releases by email, please contact: DATASOURCE: Intrawest Corporation CONTACT: Mr. John Currie, chief financial officer, at (604) 669-9777 or Mr. Tim McNulty, director, investor relations at (604) 623-6620 or at

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