General Product, State & Country Disclosures

This is not an offer in any jurisdiction which requires prior registration and in which the timeshare plan is not registered or the legal requirements to solicit timeshare have not been met.

Membership requires purchasing an undivided real estate interest in a Disney Vacation Club Resort.
Real estate interests must be purchased directly from Disney Vacation Development, Inc. in order to have access to the full portfolio of vacation destinations.

The purchase of an ownership interest should only be used for personal use and enjoyment, should be based upon its value as a vacation experience and should not be for the purpose of acquiring an income or appreciating investment. Other incentives affecting the final price per vacation point may apply.

The complete offering terms of the timeshare are in a public offering statement and purchase agreement available upon request from the offeror. Price for a real estate interest equal to 100 vacation points at The Villas at Disney's Grand Floridian Resort or at Aulani, Disney Vacation Club Villas, Ko Olina, Hawai`i is $15,500. Prices are subject to change. Prices quoted include applicable sales taxes. KY#92-AG-105. #13/04-0004NJREC, #10/34-0001NJREC. NE Broker: N.P. Dodge Co. CT Broker: Laurence L. Hannafin.

An offer may be made only by means of a Public Offering Statement, which is available from the Sponsor. Disney Vacation Development, Inc., and Disney Vacation Club Management Corp. are subsidiaries of The Walt Disney Company and are affiliated with Walt Disney Parks and Resorts U.S., Inc., a Florida corporation. You are not buying an interest in any of the foregoing entities. Member benefits, including Member Getaways, are through third-party providers and may be modified or withdrawn at any time without notice. Member Getaways are offered through exchange opportunities and require a fee. Members can visit or contact Member Services for full details. All Disney Vacation Club Resort and Member Getaways accommodations are subject to availability. All Disney Vacation Club Members appearing in any advertisement or testimonial have agreed in advance to appear.

Purchasers should not rely on the continued existence of, and access to, Disney's Grand Floridian Resort & Spa amenities, such as the spa, restaurants, and recreational facilities that are not part of Membership. Certain offerings require a fee.

Purchasers should not rely on the continued existence of, and access to, certain amenities at Aulani, a Disney Resort & Spa, Ko Olina, Hawai`i such as Laniwai, a Disney Spa; Aunty's Beach House; restaurants; and recreational facilities that are not part of Membership. Certain offerings require a fee.

Disney Vacation Development, Inc. offers financing for qualified buyers in most jurisdictions. Ten percent (10%) down payment required. For example, for a financed purchase at Aulani of 100 vacation points at $15,500 with a down payment of ten percent (10%) and a loan term of 120 months at 18% APR, the monthly loan payments would be approximately $260. Rates, terms, and payments may vary depending on credit history and length of term of loan. Mortgage application is required and approval is not guaranteed. Restrictions apply. Financing by Disney Vacation Development, Inc. is subject to change or withdrawal without notice.

Disney Vacation Development, Inc.
1390 Celebration Boulevard
Celebration, FL 34747

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