PERSBERICHT PRESS RELEASE

SnowWorld N.V. Buytenparklaan 30

2717 AX Zoetermeer, The

Zoetermeer, February 11, 2015

First quarter ended satisfactorily

SnowWorld expects higher net profit Based on the results for the first quarter (1 October to 31 December), SnowWorld expects not only a higher net operating profit for the financial year 2014/2015, but also higher operating EBITDA. In the previous financial year, SnowWorld achieved a net operating profit of €1.8 million and an operational EBITDA of €8.2 million.

Financially, the first six months of the financial year (October to March) is by far the most important part of the year for SnowWorld. SnowWorld generates around 70% of its annual turnover in these six months.

SnowWorld Fitness and Wellness Centre

Prior to the month of January, which is traditionally an important month for health clubs, Snow World completely revamped its fitness and wellness centre in Zoetermeer. The newest Technogym cardio workout equipment range was also put into operation. These devices put the energy generated by the users back into the grid. SnowWorld also invested in software that allows trainers to provide members with even better, personalised service.

Third ski slope in SnowWorld Zoetermeer extended

After years of preparation, the Municipal Executive of the municipality of Zoetermeer decided to submit the draft zoning plan and draft planning permission for inspection on February 6th. Based on this, SnowWorld expects the planning permission to be granted this summer. Taking into account an appeal procedure at the Council of State, and assuming it is decided in favour of SnowWorld, work may commence in the spring of 2016, after which it would be possible to put the extended slope into operation in September of that year.

Progress of new developments in Paris and Barcelona

As part of its growth strategy, SnowWorld is working on the development of new branches in Paris and Barcelona. Due to political developments in Paris and Barcelona in the past few months, there has been little progress regarding the zoning procedures initiated last year. However, these procedures are still expected to be completed by the middle of this year.

For more information on this press release or additional information, please contact:

Koos Hendriks (CEO), +31 (0)6 51837518 or corporate@snowworld.com

Wim Moerman (CFO), +31 (0)6 41219496 or corporate@snowworld.com

SnowWorld profile

SnowWorld N.V. is a listed company based in Zoetermeer. With its two indoor ski facilities in the

Netherlands, SnowWorld is one of the world's leading companies in this industry. Since its establishment in

1996 by Mr J.H.M. Hendriks, SnowWorld has experienced rapid growth. In connection with SnowWorld's

strategy of further rolling out its proven, successful concept in Europe, SnowWorld went public in 2013.

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