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PACIFIC BEACHCOMBER’S RICHARD BAILEY RECEIVES “GLOBAL FIRST AWARD” At HOTELSWORLD INAUGURAL FIRST AWARDS CEREMONY

TAHITI, FRENCH POLYNESIA, July 25, 2013 – Pacific Beachcomber, S.C., with more than 25 years of experience in the French Polynesia tourism market, and as the country’s largest luxury hotel and cruise operator, is pleased to announce that its President and CEO, Richard Bailey, received the “Global First Award,” in the inaugural HotelsWorld First Awards, the leading event for industry CEOs and other senior executives in the Australia and New Zealand region, held in Sydney, Australia, on July 24, 2013.

The HotelsWorld First Awards were created to honor industry leaders with the qualities of first – those who have achieved something special and unique, something that has been an unprecedented success by being a genuine first in the world of guest accommodation.

When presenting Bailey with the “Global First Award,” David Gibson, Chairman of Sunotel Corporation, remarked, “He is the CEO, creative force and part owner of a company that because of where it is, what it owns, what technology it has created, and what it is presently developing, is like no other industry participant you are likely to have encountered. In fact, it is a chain of firsts that qualifies our winner for today’s honor, several times over. For all of this, he has been honored with a string of awards in French Polynesia, France, and the U.S., and today we are delighted to add to the recognition that is deserved by a man who has truly been a global first in the world of hotels and other guest accommodation.”

Bailey received the “Global First Award” for his contributions and his pioneering efforts in establishing and developing hospitality and tourism in the French Polynesia market, notably with luxury small-ship cruise ships, three Maitai hotels, and four InterContinental resorts, including the InterContinental Bora Bora Resort & Thalasso Spa, where he pioneered the use of seawater air conditioning (SWAC) technology which uses deep seawater for all the resort’s cooling requirements. SWAC is a clean, quiet, maintenance-free and fully renewable non-fossil source of environmentally friendly energy that results in electricity savings of more than 90 percent for the resort in comparison to conventional cooling methods.

“I am honored to receive this special honor,” said Bailey. “At each of our properties and on our cruise ships, we strive to deliver the most luxurious, memorable, and enriching experience to our guests. Sustainable development and tourism is a cornerstone of our business model and we attach great importance to protecting the environment along with preserving local traditions and culture.”

In 2010, Bailey received the prestigious “Leader in Luxury” award from Luxury Travel Advisor and Travel Agent magazine for demonstrating superior leadership in four categories—Hotel, Cruise, Tour and Travel Professional—as well as excellence and innovation in luxury travel. Bailey is also a founding member of Tetiaroa Society (www.tetiaroasociety.org) a nonprofit cultural and scientific organization dedicated to the

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