MOUNT WASHINGTON VALLEY, NH (May 18, 2001) – Due to the lack of a title sponsor, Attitash Bear Peak has cancelled the Equine Festival at the Fields of Attitash in Bartlett, New Hampshire for this year. The 2001 Attitash Bear Peak Equine Festival had been scheduled for August 15 - 19, 2001.

“This was a hard decision for us to make,” remarked Tom Chasse, Managing Director of Attitash Bear Peak. “I think everyone looked forward to the event, and we researched every possible solution to make it happen this year. But without adequate sponsorship, it was not financially feasible for us to move forward.” Chasse thanked the sponsors and community members who helped produce the Equine Festival in the past. “We hope to bring the festival back in the future,” he said. “We see the festival as a very positive community event and are proud to have hosted it for the past 16 years.” Chasse said that other summer activities at Attitash Bear Peak were unaffected by the cancellation of the Equine Festival.

Attitash Bear Peak is a four season ski resort with skiing and snowboarding from November to April and nearly 20 attractions and activities for summer guests like the famous Alpine Slides, waterslides and horseback riding.

Attitash Bear Peak is part of American Skiing Company (NYSE: SKI), the largest ski resort owner and operator in the United States. The resorts include: The Canyons, Utah; Heavenly, California; Killington, Mount Snow, and Sugarbush, Vermont; Steamboat, Colorado; Sugarloaf/USA and Sunday River, Maine; and Attitash Bear Peak, New Hampshire.

www.attitash.com