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Copy of WYN-2012 Preliminary Earnings Guidance 10-26-11

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Wyndham Worldwide Corporation

2012 Preliminary Earnings Guidance - As of October 26, 2011

(In millions, except per share data)









Full Year 2012

Low High



Total Net Revenues $4,425 $4,600



Total Adjusted EBITDA $1,030 $1,055



Adjusted Diluted Earnings per Share $2.72 $2.82



Diluted shares 160.0 160.0





Notes:

(1) All guidance excludes legacy items, expenses related to acquisitions and early extinguishment of debt costs, if any, which may have a positive or

negative impact on reported results, as applicable.

(2) Guidance is based upon September 30, 2011 foreign exchange rates.

(3) Diluted share count does not include share repurchases beyond September 30, 2011.



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