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June 07, 2006

ASPEN/SNOWMASS TO EXTEND 2006-2007 SEASON

Here is the latest press release from the Aspen Skiing Company:

ASPEN/SNOWMASS TO EXTEND 2006-2007 SEASON

ONE WEEK BEYOND AIRPORT CLOSURE

Aspen Mountain and Snowmass Scheduled to Close April 15, 2007

Aspen Highlands and Buttermilk to Close April 1, 2007

Aspen/Snowmass, Colo. May 31, 2006 - Aspen/Snowmass announced today that Snowmass and Aspen Mountain will remain open one week beyond the closure of Aspen Sardy Field. The airport is scheduled to close on April 9 for resurfacing of the runway. Airport officials recently announced that extending the date of the closure would not be feasible.

Snowmass and Aspen Mountain are scheduled to be open November 23, 2006 - April 15, 2007. Aspen Highlands and Buttermilk are scheduled to be open December 9, 2006 - April 1, 2007.

"After careful consideration we determined that we would extend the season beyond the closing of the airport," said Mike Kaplan, COO, Aspen Skiing Company (ASK). "While there is some financial risk involved, we felt it was worth it for the benefit of our loyal season pass holders and the business community."

A story in today's Aspen Times reported incorrectly that the resort would close April 8. The information referenced in the story had not been finalized and attempts to reach the paper prior to publication were unsuccessful.

"We had targeted June 1 as the decision date on this matter," Kaplan said. "It's unfortunate that the incorrect information got out to the public before a decision had been finalized. In the last few years we have been building momentum through the middle of April. Despite the airport closure, we feel it's worth it to keep this momentum going. Besides, we're all stuck here anyway, so we might as well go skiing!"

"We will work with our partners on coordinated marketing and sales efforts along with special packages to drive business beyond the closing of the airport," said David Perry, Senior Vice President, ASK. "Plans are underway to work with the lodging community, regional airports and ground transportation providers to ensure business through closing day."

Aspen/Snowmass operates four destination mountains - Snowmass, Aspen Mountain, Aspen Highlands and Buttermilk - and is the home of the ESPN Winter X Games through 2010. Aspen/Snowmass also offers unparalleled nightlife and off-slope activities as well as four award-winning Ski & Snowboard Schools. Aspen/Snowmass is accessible by two of the most convenient airports in the mountains - Aspen Sardy Field (3 miles from Aspen) and Eagle County Airport (70 miles from Aspen). For more information on Aspen/Snowmass, please call 800/525-6200 or 970/925-1220, or visit the company's website at www.aspensnowmass.com.

Posted by jmidthun at June 7, 2006 10:33 AM

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