Thunderbird Resorts Inc.: Sales Report for Second Quarter 2009

PANAMA, REPUBLIC OF PANAMA--(Marketwire - July 09, 2009) -
Thunderbird Resorts Inc. ("Thunderbird") (CNSX: TBI.U) (FRANKFURT:
4TR) (EURONEXT: TBIRD) reports the following unaudited sales results
for the three month period ended 30 June 2009:
 
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Thunderbird Resorts Inc. -
Group-wide sales results
by country (unaudited)                                            Q2 2009 -
(in thousands)              April 2009    May 2009   June 2009        Total
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Panama                       $   4,667   $   4,663   $   4,959   $   14,289
Costa Rica (1)                   1,654       1,597       1,496        4,747
Nicaragua                        1,143       1,127       1,045        3,315
Guatemala                          326         374         374        1,074
Philippines                      3,555       3,846       4,018       11,419
Poland                             253         250         303          806
Peru Gaming                      1,815       2,061       1,963        5,839
Peru Hotel                       1,015       1,063       1,007        3,085
Others                              26          25          24           75
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Total net gaming wins
 and other sales             $  14,454   $  15,006   $  15,189   $   44,649
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(1) During the third quarter of 2008, the Group acquired a controlling
    interest in the entity that holds the Fiesta Casino Holiday Inn Express
    (formerly Garden Court) operation, and as a result began consolidating
    that operation at 100 percent beginning 1 September 2008. The balance
    of the Costa Rican operation is a joint venture of the Group and its
    results of operations are proportionally consolidated into the Group's
    financial statements, therefore the table above represents the Group's
    50 percent share in all the operations other than the Holiday Inn
    Express property which is reported at 100 percent. The Group owns
    controlling interest in all other countries and accordingly sales are
    reported at 100 percent. For details of Group ownership at the country
    level please refer to the Group's Annual Report 2008.
 
A full business update will be provided in the Group's 2009
Half-Yearly Financial Report which is scheduled to be released on 27
August 2009.
 
ABOUT THE COMPANY
 
Thunderbird Resorts Inc. is an international provider of branded
casino and hospitality services, focused on markets in Central and,
South America, Southeast Asia, India and Eastern Europe. Our mission
is to "create extraordinary experiences for our guests." Additional
information about the Group is available on its World Wide Web site
at www.thunderbirdresorts.com.
 
Cautionary Notice: This release contains certain forward-looking
statements within the meaning of the securities laws and regulations
of various international, federal, and state jurisdictions. All
statements, other than statements of historical fact, included
herein, including without limitation, statements regarding potential
revenue and future plans and objectives of the Group are
forward-looking statements that involve risk and uncertainties. There
can be no assurances that such statements will prove to be accurate
and actual results could differ materially from those anticipated in
such statements. Important factors that could cause actual results to
differ materially from the Group's forward-looking statements include
competitive pressures, unfavorable changes in regulatory structures,
and general risks associated with business, all of which are
disclosed under the heading "Risk Factors" and elsewhere in the
Group's documents filed from time-to-time with the NYSE Euronext
Amsterdam and other regulatory authorities.
 
Contacts:
Thunderbird Resorts Inc.
Kevin McDonald
Investor Relations
(858) 668-2503
kevin.mcdonald@thunderbirdresorts.com
 
Thunderbird Resorts Inc.
Michael G. Fox
Chief Financial Officer
mfox@thunderbirdresorts.com / info@thunderbirdresorts.com
www.thunderbirdresorts.com
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.