SEADREAM YACHT CLUB
SETS 2004 DREAM SCHEDULE

Offers More Than 40 Separate Holiday Itinerary Options.
Many Short Segments for Incentive Market
Many Overnights and late Night Departures
More Marina Days to Enjoy Water Sports

SeaDream Yacht Club, operator of the twin, ultra-luxury mega yachts SeaDream I and II, has announced its 2004 schedules ---a compendium of new yacht sailings in the in the Caribbean and in Europe---with more than 40 holiday itinerary options.
Included are classic cities and resort destinations as turnarounds and intriguing, small and exclusive yachting ports. Basically, organized in seven-day offerings, the schedule also features a series of shorter sailings ideal for the incentive market.

SeaDream�s European season runs from May through October with sailings along the French and Italian Riviera, the Greek Isles, the Aegean Sea to Istanbul and ports in Turkey, Croatia, Spain, Portugal and Morocco. Home ports with turnarounds are Monaco, Nice, Rome (Civitavecchia) and Istanbul.

The Caribbean sailings stretch from November to mid-April with St. Thomas and San Juan as homeports.

Larry Pimentel, CTC, President and CEO of SeaDream, said the 2004 schedules �respond to the desires of the yachting company�s up-market clientele for a longer European season and to loyal repeat guests looking for new yachting itineraries in both Europe and the Caribbean.

�Our guests love the glamour yachting ports and classic cities. Our goal for the 2004 schedule and itineraries was to build on this and add still more magic. Our guest surveys confirm that we have a winning combination of hot spots, nightlife destinations and off-beat yachting favorites.

�Our guests are active, inquisitive travelers. They love to explore. They love to take advantage of the sun and sea with the water sports �toys� we have aboard and they love to participate in the nightlife of some of the exciting ports where we call. That is why our yachts either overnight or have late departures included in many itineraries. The 2004 sailing program has been designed to take advantage of the casual lifestyle of our guests.

�So for our summer Mediterranean sailings we will be overnighting St. Tropez, Cannes, Capri, Sorrento and Bonifacio in Corsica. Also in such ports as Positano and Calvi we will remain until late in the evening to give our guests the opportunity to enjoy some evening hour fun ashore,� Pimentel said. .

In the Caribbean we will overnight in Jost Van Dyke and Gustavia on St. Barts.

While most sailings are seven-days, there�s also a variety of three and four day opportunities ideal for small corporate meetings, incentives or guests with time constraints.

In the Caribbean SeaDream yachts will sail the British Virgin Islands, the French West Indies and the Lesser Antilles. Among ports of call and islands are: Anguilla, St. John, Virgin Gorda, Jost Van Dyke, Nevis, St. Kitts St. Martin, Tortola and Dominica.

Ports of call in Europe include: Cassis, Villefranche, Cannes, Porto Azzuro, Portofino, Porquerolles, Sorrento, Capri, Positano, Portovenere, Giglio, Porto Servo, Lipari, Gaeta, Ponza, Porto Azzuro, Venice, Taormina, Giannutri, Dubrovnik, Havar, Losinj, Corfu, Fiskardho, Itea, Hydra, Navplion, Monemvasia, Santorini, Mykonos, Bodrum, Kusadasi, Seville, Barcelona, Malaga, Ceuta, Alicante, Marbella, Tangier and Casablanca and Funchal Madeira.

Details of the 2004 itineraries are on the SeaDream website---www.seadreamyachtclub.com. A full-color brochure is available online and may be ordered at no cost. Pricing per person, per day for the SeaDream�s 2004 sailings are from $399 in the Caribbean and from $485 in Europe. Some conditions apply. Prices are capacity controlled.

SeaDream Yacht Club is the yachting venture by Norwegian entrepreneur Atle Brynestad who founded Seabourn Cruise Line, and Larry Pimentel who was president of Seabourn under Brynestad and later president and CEO of the merged Cunard and Seabourn. Pimentel is President and CEO of the Coconut Grove, Florida-headquartered SeaDream Yacht Club and a co-owner. Brynestad is Chairman. The company operates SeaDream I and SeaDream II, twin, ultra luxury, mega yachts that operate on seven-day sailings in the Caribbean and the Mediterranean. The yachts are not only ideal for discerning travelers seeking an unstructured and casual holiday experience but also for small meetings and incentive groups or individual private family gatherings. They are available for full charter. SeaDream I and II share the top Five-Star Club award in the Berlitz Ocean Cruising and Cruise Ships 2003 guidebook. In the Americas the SeaDream Yacht Club reservations number is 1 800 707-4911. In Europe it is +47 23 28 96 60. The website is www.seadreamyachtclub.com.