ORLANDO— Sunterra Corp. has entered into an exclusive affiliation agreement with Interval International. This agreement supersedes Sunterras existing agreement with Resort Condominiums International to provide exchange services for its Sunterra owners. It also replaces the current agreement between Sunterra Europe and Interval to provide exchange services for Sunterra Europes Grand Vacation Club members. The United States Bankruptcy Court in Baltimore approved the new agreement with Interval and the rejection of Sunterras existing agreement with RCI June 20, 2002.
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