Whistler Blackcomb Holdings Inc. Board Declares Quarterly Dividend

WHISTLER, BC, Jan. 10, 2012 /PRNewswire/ - Whistler Blackcomb Holdings Inc. (TSX: WB) announced today that its Board of Directors has declared its first quarter dividend of $0.24375 per share payable on January 27, 2012 to holders of common shares of record on January 24, 2012. Whistler Blackcomb Holdings Inc. designates this dividend to be an "eligible dividend" for purposes of the Income Tax Act (Canada) and similar provincial and territorial legislation.

ABOUT WHISTLER BLACKCOMB

Whistler Blackcomb Holdings Inc. owns a 75% interest in each of Whistler Mountain Resort Limited Partnership and Blackcomb Skiing Enterprises Limited Partnership, which, together, carry on the four season mountain resort business located in the Resort Municipality of Whistler, British Columbia.  Whistler Blackcomb, the official alpine skiing venue for the Olympic Winter Games, is situated in the Resort Municipality of Whistler located in the Coast Mountains of British Columbia 125 kilometres (78 miles) from Vancouver, British Columbia. North America's premier four-season mountain resort, Whistler Mountain and Blackcomb Mountain are two side-by-side mountains, connected by the world record-breaking PEAK 2 PEAK Gondola, which combined offer over 200 marked runs, over 8,000 acres of terrain, 14 alpine bowls, three glaciers, receive on average over 1,170 centimetres (460 inches) of snow annually, and offer one of the longest ski seasons in North America. In the summer, Whistler Blackcomb offers a variety of activities, including hiking and biking trails, the Whistler Mountain Bike Park, and sightseeing on the PEAK 2 PEAK Gondola. Whistler Blackcomb Holdings Inc. is listed on the Toronto Stock Exchange under the symbol "WB".  For more information, visit www.whistlerblackcombholdings.com. Additional information related to the Corporation is available on SEDAR at www.sedar.com.


SOURCE Whistler Blackcomb



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