Financial

Thunderbird Resorts Inc.: November 2011 Revenue Report

Thunderbird Resorts Inc. (FRANKFURT:4TR)(EURONEXT:TBIRD) reports the following revenues for November 2011:

Thunderbird Resorts

Thunderbird Resorts Inc. (FRANKFURT:4TR)(EURONEXT:TBIRD) reports the following revenues for November 2011:

Group-wide sales results by country (unaudited, in thousands) November 2011 November 2010 Year-over-year

increase/(decrease)

Costa Rica 1,528 1,562 (2.2)%
Nicaragua 947 1,043 (9.2)%
Philippines 3,936 3,351 17.5%
Peru Gaming 1,761 2,074 (15.1)%
Peru Hotel 1,004 677 48.3%
Total Consolidated Revenues 9,176 8,707 5.4%



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