STOWE AREA ASSOCIATION
51 Main St., Box 1320
Stowe, VT 05672
(802) 253-7321
www.gostowe.com

PRESS RELEASE
For Immediate Release
Contact: Jo Sabel Courtney, (802) 253-7321 extension 219, josc@gostowe.com

Gondola Unites Spruce Peak and Mt. Mansfield

Contact: Jeff Wise, Communications Director, Stowe Mountain Resort,
802-253-3437, jwise@stowe.com

STOWE, VT (December 14, 2006) – On December 16, Stowe Mountain Resort will
unveil a new transfer gondola – with a little help from Vermont Governor Jim
Douglas. The Governor will be on hand to inaugurate the new “Over Easy”
gondola, which will unite Spruce Peak with Mt. Mansfield, Vermont’s tallest
peak. The new lift is a Poma ten-person standing gondola that will span
Vermont’s Route 108. The length of the ride between the two mountains is
approximately 1,500 feet, with a minimum travel time of 1.5 minutes. True
to its name, the “Over Easy” is capable of moving 3,400 people per hour
between the mountains and brings to Stowe a big mountain experience
previously associated only with Western resorts.

Governor Douglas said, "Linking magnificent Mt. Mansfield to Spruce Peak
with this new transfer gondola is a superb achievement and will be very
beneficial to the skiers and snowboarders who visit this first-rate
facility. It’s also an important milestone in Stowe Mountain Resort’s
extraordinary renaissance. Their investments have been made with great
foresight and will be an immensely valuable economic asset for the residents
of this region, and our entire state, for generations to come."

Stowe Mountain Resort President Hank Lunde remarked, “This is a day we’ve
dreamed of here at Stowe Mountain Resort for many years. Now, skiers can
access the varied terrain and trails of both Mt. Mansfield and Spruce Peak
quickly, conveniently and without hassle. The ‘ski capital of the East’ has
a great winter in store for skiers, and a bright future as developments
continue at Spruce Peak and the Stowe Mountain Lodge.”

Skiers and snowboarders at Stowe Mountain Resort will enjoy the benefits of
other on-mountain amenities, including state-of-the-art snowmaking
equipment, recently introduced high-speed lifts, new trails, and a renovated
Cliff House Restaurant high atop Mt. Mansfield.

Stowe is in the midst of a resurgence ignited by a $400 million investment
that includes improvements at Stowe Mountain Resort and the development of
Spruce Peak at Stowe, including the new Stowe Mountain Lodge, scheduled to
open in 2007. The development is unfolding in strict adherence to an
Environmental Charter designed to preserve the area’s ecological viability.