Press Release: Wyndham Grand Bay Waterford Of Grand Cayman, Cayman Islands Joins The Registry Collection Exchange Program

Monday, March 23rd, 2009

Posted by Overseas Property Mall in Press Releases

GKF Limited, Grand Cayman today announced that the Wyndham Grand Bay Waterford in Grand Cayman, Cayman Islands has affiliated with The Registry Collection® Exchange Program, the world’s largest luxury exchange program.

The Waterford is a private club comprised of luxurious villas, grand penthouses and an elegant “Great House.” It is located in Crystal Harbour Safe Haven, overlooking the magnificent North Sound and Sting Ray City, adjacent to the North Sound Championship golf course. The resort will be comprised of 44 two- and three-bedroom oceanfront villas and three luxury penthouses. Owners will enjoy frequent and flexible lodging throughout the year – guaranteed six weeks usage plus unlimited “space available” usage at no additional charge. When in residence, owners will have access to a Land Rover, BMW, Mercedes or Audi for their personal use. They will also have access to a Boston Whaler with a captain to pilot the ship. The Cayman Islands, located in the western Caribbean Sea, are home to some of the world’s best beaches, restaurants and nightlife. The Cayman Islands are situated 180 miles northwest of Jamaica and are comprised of Grand Cayman, Cayman Brac and Little Cayman. The abundance of fish life, coral reefs, water sports and shopping make Grand Cayman the idyllic destination for the most discerning traveller.

“We are excited to be working with The Registry Collection program,” said Theresa Foster, Managing Director of Waterford. “They will provide our fractional owners with access to some of the world’s finest vacation properties. Being included in The Registry Collection’s portfolio is important to us, as the affiliation with them also further proves that Wyndham Grand Bay Waterford is one of the finest luxury vacation destinations in the country.”

“We are very proud to add a property the caliber of Wyndham Grand Bay Waterford to The Registry Collection,” said Gregg Anderson, VP of Global Product Marketing of The Registry Collection. “Our goal is to offer our members the finest vacation destinations in the world and Grand Cayman always is a highly requested Caribbean location. Working with successful developers like Gary Foster at GKF enables us to offer our members the luxury travel experience they desire.”

About GKF Limited

The head of GKF is Gary Kirk Foster. Born an 8th generation Caymanian, Gary Kirk Foster has lived in the Cayman Islands all his life. His family, the Foster’s and the Kirkconnell’s are very involved in the business community in the three islands including shipping, real estate development, duty free stores, grocery stores, car rental agencies, automotive sales, hardware, and more. Building contracting is where Gary defines his expertise with a long list of building accomplishments. His wife, Theresa Owen-Foster complements the business by handling all of the administrative duties of the companies for over 15 years.

About The Registry Collection

The Registry Collection program is a global network comprising over 30,000 members and more than 130 affiliates on five continents. The more than 160 properties available through the program are either accessible for exchange or under development. As the world’s largest luxury exchange program, The Registry Collection program provides members with access to an elite global network of the very finest vacation properties at some of the world’s premier destinations, as well as personal concierge services that are available 24 hours a day. From condo hotels and high-end fractional resorts to private residence clubs and fractional yachts, The Registry Collection program facilitates exchanges around the world and redefines the vacation experience for owners and developers. The Registry Collection program is offered by Group RCI, the worldwide leader in vacation exchange and the European leader in vacation rentals and one of the Wyndham Worldwide family of companies (NYSE: WYN). For additional information, visit the media center at www.grouprci.com.

For additional information on the services offered to developers and members by The Registry Collection program and how it can add potential value to leisure real estate projects, visitwww.theregistrycollection.com.