Whistler Blackcomb Holdings Inc. Announces Resignation Of Chief

Whistler Blackcomb Holdings Inc. Announces Resignation Of Chief Financial Officer

WHISTLER, BC, Aug. 8, 2012 Whistler Blackcomb Holdings Inc.
(TSX: WB) (the “Corporation”) today announced the resignation of Kevin
Smith as Executive Vice President and Chief Financial Officer (“CFO”)
for personal reasons, effective September 10, 2012.  On that date, Dave
Brownlie will be appointed Interim CFO of the Corporation, in addition
to continuing to be responsible for the day to day management and
operations of Whistler Blackcomb as President and Chief Operating
Officer.  Dave Brownlie is a member of the Institute of Chartered
Accountants of British Columbia and he will continue to be supported by
Flora Ferraro, Vice President, Finance and Herbert Wong, Manager,
Corporate Reporting. The Corporation has initiated a search for a new
CFO.

“On behalf of the management team and the Board of Directors, I would
like to express our appreciation to Kevin Smith for his contributions
to Whistler Blackcomb. Over the next month Kevin will be working
closely with Dave and I am confident that there will be a seamless
transition. We would like to wish Kevin well in his future plans” said
Bill Jensen, Chief Executive Officer of Whistler Blackcomb Holdings
Inc.

ABOUT WHISTLER BLACKCOMB HOLDINGS INC.

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 1,192 centimetres (469 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 http://www.whistlerblackcombholdings.com.

SOURCE Whistler Blackcomb

Whistler Blackcomb

CONTACT: Jeremy Roche
Senior Manager, Investor Relations 
Whistler Blackcomb Holdings Inc.
.(JavaScript must be enabled to view this email address)     
Ph: 604-938-7376