HEAVENLY HOSTS NIKE CHOSEN TOUR ON FEBRUARY 4

Night Jam to Take Place on World Cup

Heavenly Mountain Resort, Calif./Nev. – February 1, 2012 – Heavenly Mountain Resort has teamed up with Nike Snowboarding to host the fifth stop of the Nike Winter Chosen Tour on Saturday, February 4, 2012. The slopestyle rail jam will take place from 4:00-7:00 p.m. on World Cup run at the California Main Lodge.

Nike’s Winter Chosen consists of two components: a video crew competition, in which riding and filming crews enter online for a chance to travel to Austria and compete with professional riders and videographers, and the Night Jam, a freestyle slope session featuring production lighting and local and professional snowboarders competing for $5,000 in cash prizes.

Media and guests are invited to watch the competition at the base of World Cup, free of charge. For more information, or to enter the competition, visit www.nike.com/chosen.

About Heavenly

Heavenly Mountain Resort is a world-class destination offering guests a one-of-a-kind combination of scenic beauty and exhilarating on-snow experience. Heavenly is a subsidiary of Vail Resorts, Inc., the leading mountain resort operator in the United States. One of the largest resorts in North America, Heavenly spans 4800 acres, climbs to Lake Tahoe’s highest elevation at 10,067 feet and features than 94 trails for every level of skier or snowboarder. For more information on Heavenly Mountain Resort, please visit www.skiheavenly.com or call 800-HEAVENLY.

About Vail Resorts

Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resort properties of Vail, Beaver Creek, Breckenridge and Keystone in Colorado, and Heavenly and Northstar in the Lake Tahoe area of California and Nevada, and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.

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