DISCLAIMER

THE CLUB RESIDENCES AT ESCONDIDO

MARKETING ADVERTISEMENT DISCLAIMER

THIS ADVERTISEMENT IS BEING USED FOR THE PURPOSES OF SOLICITING TIMESHARE SALES. THIS IS NOT AN OFFER TO SELL OR A SOLICITATION TO PURCHASE TO ANY PERSON WHO IS A RESIDENT OF ANY STATE IN WHICH THE REGISTRATION REQUIREMENTS HAVE NOT BEEN MET. COMPLETE OFFERING TERMS ARE AVAILABLE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR.

These materials are provided for information purposes only. Any and all descriptions, representations, and information, including those with regard to pricing, contained in this advertisement are subject to change without notice. There is no guaranty that any features, facilities and/or amenities described herein will be provided, or, if provided, will be as depicted or described.

Sponsor is Escondido PRC/Club Group, LLC, 2101 Cedar Springs Road, Dallas, Texas 75201.