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The Registry Collection Co-Sponsors Fractional Interest Symposium

SAN DIEGO, CA – May 17, 2006 – As a signature sponsor, The Registry Collection? luxury exchange program is playing a major role in the Fractional Interest Symposium, taking place May 17 – 19 in San Diego, CA.

Ricardo Montaudon, president of RCI Latin America and the Caribbean, and John Paul Nichols, president and chief executive officer of the RCI Global Vacation Network International, are representing The Registry Collection.

Mountaudon is speaking at the Fractionals 101 Case Study, which serves as an orientation for new entrants to the shared ownership industry. Nichols is discussing the evolution and opportunities in shared ownership around the globe.

“This annual symposium brings together key players in luxury leisure real estate and it’s a great opportunity for developers to share case studies and hear the latest research and trends for this booming industry,” said Kenneth N. May, chairman and CEO of the RCI Global Vacation Network, which offers The Registry Collection exchange program.

Representing luxury leisure travel at its finest, The Registry Collection program offers its members – owners of luxury leisure assets – top-of-the-line accommodations at some of the world’s premier destinations as well as members-only access to a myriad of personal concierge services that are available 24 hours a day.

With more than 10,000 members and growing, The Registry Collection exchange program caters to the expanding luxury vacation market. Properties are located throughout North America, Latin America, Europe and South Africa. Affiliations in Asia and Australia will be coming soon.

About The Registry Collection
The Registry Collection exchange program is an international provider of services to the luxury leisure travel segment, with core competencies in exchange services, club operations, travel networks, concierge service, proprietary technology and quality assurance. The Registry Collection is offered by RCI Global Vacation Network, a subsidiary of Cendant Corporation (NYSE: CD), a provider of travel and residential real estate services.

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