Abercrombie & Kent Destination Clubs Acquire Three Luxurious Catamarans in British Virgin Islands; Million-dollar Boats Expand On-water Residence Member Inventory.

SOUTHPORT, Conn. -- Abercrombie & Kent Destination Clubs, the founder and market leader of today's fast-growing Destination Club industry, has acquired three additional on-water residences in response to Member demand for its sailing program. The 56- to 60-foot catamarans, including two 56-foot Fountaine Pajot Marquises, are each worth nearly $1 million and based out of the British Virgin Islands.

"These sailing adventures further extend our offerings beyond any one else in the marketplace," says Rob McGrath, CEO of Abercrombie & Kent Destinations. "The boats are sized to offer the best cruising and privacy for all on board, along with a unique custom-made experience."

In partnership with world champion catamaran sailor Phillip Berman, president of The Multihull Company, the program launches this month, providing sailing itineraries throughout the British Virgin Islands. Cruising areas will extend to other Caribbean islands as well as the East Coast as the program develops.

Equipped with the latest electronics, recreation equipment and living comforts, the boats feature four air-conditioned cabins, private baths and more than 1,000 square feet of open deck space. All catamarans have a spacious salon outfitted with a television, sound system, DVD player and an extensive CD and video library. For Members who enjoy added adventure on the water, kayaks, fishing equipment and snorkeling gear are provided. A rigid hull inflatable boat with 50-hp outboard also is available for waterskiing, tubing, wakeboarding or getting to a secluded beach.

"The catamarans' spaciousness and stability have made these luxury sailing vessels some of the most comfortable on the water," says Phil Berman.

Each sailing retreat is fully crewed with a handpicked staff of industry veterans, providing an unparalleled level of sailing knowledge and service, including onboard gourmet meals. As is with all of Abercrombie & Kent Destination Clubs' retreats, each Member trip is personalized to best meet the needs and interests of the sailing group.

In 1999, Abercrombie & Kent Destination Clubs launched what was to become a new trend in luxury travel in which personalized attention was coupled with privacy and choice. This sophisticated and yet surprisingly simple and convenient product is the innovative alternative to owning a second or third vacation home. Instead of owning a second home and being limited to that single resort location, each A&K Destination Club Member has virtually unlimited 365-days-a-year access to more than 130 multimillion-dollar residences in more than 30 world-class resort destinations. For Members in residence, the Clubs' staff delivers the services expected of a five-star hotel within the confines of a private residence.

Becoming a Member requires a one-time, 100% refundable membership deposit ranging from $295,000 (for Private Retreats) to $495,000 (for Distinctive Retreats), plus annual dues and daily fees. Among the many benefits, Members enjoy privileged access to dining clubs, country clubs and private spas, as well as preferred rates on lift tickets, greens fees, luxury car rentals, private jets and Abercrombie & Kent luxury travel adventures.

About Abercrombie & Kent Destinations

Headquartered in Southport, Conn., Abercrombie & Kent Destinations (www.akdestinations.com) operates four divisions, including Abercrombie & Kent Destination Clubs, A&K Jets, A&K Concierge Villas North America and A&K Towne Clubs. As the leader in providing effortless leisure, social and professional lifestyle management services, the company satisfies the needs of affluent, active individuals for whom travel is an essential part of their lifestyle.

As the founder and market leader of the Destination Club industry, Abercrombie & Kent Destination Clubs is entering its seventh year of operations. It is the only company to offer 365-days-a-year unlimited access to multimillion-dollar residences in more than 30 destinations, a 100% refundable membership deposit and worldwide access to Abercrombie & Kent journeys, cruises and safaris. By utilizing the Clubs' Proprietary Capacity Model, a technology developed through years of experience, the Destination Clubs virtually assure Members that they can travel whenever and wherever they choose.