Sunterra Corporation Provides Link to Investor Presentation LAS VEGAS, Dec. 9 /PRNewswire-FirstCall/ -- Sunterra Corporation (BULLETIN BOARD: SNRR) Chief Executive Officer Nicholas J. Benson and Chief Financial Officer Steven E. West are delivering a presentation for investors and stakeholders today at 9:00 a.m. (Eastern) at the Intercontinental Hotel in New York City, New York. The presentation will discuss the Company's existing business, the recent acquisition of Epic Resorts and projections for 2003 and 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20030219/SUNLOGO ) For interested parties unable to attend, the Company will broadcast the workshop via an audio and Internet link. To access the audio portion of the call, dial (888) 566-0007, using the pass code "Sunterra" and leader name of "Bryan Coy." Participants wishing to access the event over the Internet may do so at the following URL address: http://www.corporate-ir.net/ireye/irsite.zhtml?ticker=SNRR&script=1010&item_id=813417 At approximately 9:00 a.m. Eastern, a copy of the presentation, in Adobe Acrobat format, may be downloaded at http://secure.sunterra.com/corp/downloads/workshop.pdf . Participants without Adobe Acrobat software may obtain a free download at http://www.adobe.com/products/acrobat/readstep2.html . Instant replay will be available from approximately one hour after the completion of the workshop, until December 27, 2003, by calling (800) 284-5340. Sunterra Corporation is one of the world's largest vacation ownership companies with resort locations in the continental United States, Europe, the Caribbean, Hawaii and Mexico. http://www.newscom.com/cgi-bin/prnh/20030219/SUNLOGO http://photoarchive.ap.org/ DATASOURCE: Sunterra Corporation CONTACT: Bryan D. Coy of Sunterra Corporation, +1-702-304-7005, Web site: http://www.sunterra.com/ http://www.adobe.com/products/acrobat/readstep2.html

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