RNS Number:5908K
Newfound N.V.
24 December 2007

                                Newfound N.V.

                           Resignation of director

The board of Newfound N.V. ("Newfound" or the "Company")
today announces that Brian Dobbin, President, is leaving the Company effective
December 31, 2007 and will be resigning his Newfound directorships, to pursue
personal interests.  His shareholdings in the Company are unaffected and
existing restrictions on the disposal of shares remain in effect.

For further information, please contact:

Newfound N.V.                                               
Jeremy White                                                +44 (0)20 7470 2490

Collins Stewart                                             
Adrian Hadden                                               +44 (0)20 7523 8353

About Newfound:

Newfound is a creator and operator of international luxury resorts and
destinations.  The Company has a high quality portfolio of resort projects at
Humber Valley in Canada and in Nevis and St. Kitts in the Caribbean.

Humber Valley Resort, with 2,200 acres, currently has over 200 privately owned
properties the majority of which are available for rent.  It is an all-season,
luxury resort offering golf, world-class salmon fishing, sailing, skiing and a
luxury spa.

Newfound has an integrated business model based on destination master-planning,
which generates revenues from multiple sources, including freehold land sales,
construction and development, services to owners, the provision of leisure
activities and the operation of concessions.

Newfound is building an industry leading, world-class luxury lifestyle brand
offering exceptional holiday experiences in luxurious homes, situated in
locations of outstanding natural beauty.


                      This information is provided by RNS
            The company news service from the London Stock Exchange


Newfound (LSE:NFND)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more Newfound Charts.
Newfound (LSE:NFND)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more Newfound Charts.