Interval International, a prominent worldwide provider of vacation services and an operating business of Interval Leisure Group (Nasdaq: IILG), announced the affiliation of Heraclea Hotel Residence on southern Italy's Ionian Coast. Located just outside Policoro in the Basilicata region, the hotel is nestled in a serene country setting overlooking the Ionian Sea.

"Heraclea Hotel Residence is an undiscovered jewel our members will love," said Darren Ettridge, Interval's senior vice president of resort sales and business development for Europe, Middle East, Africa, and Asia. "The town of Policoro was founded on the ruins of the ancient town of Herakleia and is within easy reach of a number of significant natural and cultural sights and attractions."

Surrounded by a coastal pine forest, the hotel features one-bedroom apartments with kitchenettes and large verandas. The air-conditioned units are equipped with wireless Internet and LCD TVs in the living area and bedroom. Onsite amenities include a restaurant and lounge with large-screen TV, outdoor swimming pool, mini-volleyball and archery courts, and a children's playground. Plans call for a health and fitness club with gym, sauna, and Jacuzzi to be available soon.

The resort rents bicycles, so that visitors can explore trails running through the surrounding pine forest -- the only access to the Regional Nature Sanctuary of Bosco Pantano, a secluded wetland forest. Through arrangements with nearby facilities, guests can also enjoy sailing, windsurfing, waterskiing, tennis, golf, and horseback riding. An unspoiled private beach is just a short walk from the property.

"This part of Italy is less crowded, yet it offers a treasure trove of history and natural beauty," said Francesco Calviello, chief of the board of directors, Heraclea Hotel Residence SpA. "We look forward to welcoming Interval members and helping them to explore this untouched region."

About Interval International

Interval International operates membership programmes for vacationers and provides value-added services to its developer clients worldwide. Based in Miami, Florida, the company has been a pioneer and innovator in serving the vacation ownership market since 1976. Today, Interval has an exchange network of more than 2,600 resorts in over 75 nations. Through offices in 15 countries, Interval offers high-quality products and benefits to resort clients and approximately 2 million families who are enrolled in various membership programmes. Interval is an operating business of Interval Leisure Group, Inc. (Nasdaq: IILG), a leading global provider of membership and leisure services to the vacation industry.

Note to Editors: Photo available upon request.

Interval International
Michael Myers, +44 (0) 20 8336 9515
Group Director of Marketing and Travel
michael.myers@intervalintl.com