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Crested Butte Mountain Resort Appoints Ken Stone Chief Operating Officer
                     
August 29, 2008, Crested Butte, CO - Crested Butte Mountain Resort (CBMR), announced today its selection of Ken Stone as the new Chief Operating Officer of the company.  Stone has been serving as Vice President and Chief Marketing Officer for CBMR and will step up to head the company beginning September 2.  

"We are fortunate to have someone as qualified as Ken to lead the company," said Tim Mueller, President and owner of Triple Peaks LLC, CBMR's parent company. "He has been an important part of our executive team as Vice President of Marketing and has contributed significantly as we moved though a transition period this year."

CBMR has been undergoing corporate re-structuring over the past four months, filling a number of other top management positions.  During that period, Tim and Diane Mueller, owners of Triple Peaks LLC and CBMR, have been more directly involved in the day-to-day operation of the resort.

"As Ken steps into this position, it will allow Diane and me to move back into our role in the oversight of Triple Peaks," Mueller continued.  "We are pleased with all of the choices made in new management positions and look to Ken to help us continue the process of re-aligning our structure."

Stone has been with CBMR for the past year, arriving from Telluride where he was a Vice President for Telluride Ski & Golf.  He has an extensive background in the ski resort and hospitality industry.  Stone headed the sales and marketing departments for CBMR and directed a re-branding effort that is helping to guide a new strategic direction for the company.

"I am excited about the opportunity to take on this responsibility and to work with everyone at CBMR as we enter a new period in our company's development," said Stone.  "Crested Butte is truly an amazing place that has all the attributes to support the success of the resort and our community."

The selection of a new Vice President of Sales and Marketing is currently in process and will be announced within the next few weeks.

For more information about Crested Butte's lodging, conference, meeting facilities, and special packages, call Crested Butte Vacations, (800) 544-8448 or visit the web site at www.skicb.com.  For information on ski area real estate opportunities call (970) 349-4999 or (877) 805-6109 or visit the website at www.cbliving.com.

Crested Butte Mountain Resort is a privately owned and operated resort for all seasons in Colorado and a proud member of the EPA'S Green Power Partnership. We are part of the Triple Peaks, LLC family of resorts including Okemo, VT and Mount Sunapee, NH.

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