1. ADVENTURE TOUR SERIES Canadian Train Tours Quest Specialty Travel World's foremost traveling experience

2. British Columbia Railways Inc. Based in Vancouver BC Oldest and largest privately owned railway in Canada since 1957 CANADIAN ROCKIES TOURS 2

3. BRITISH COLUMBIA RAIL TRAVEL Unforgettable scenes and majestic views  Canadian Rockies  Canada’s West Retrace the steps of historical explorers  Continental Divide Quick and easy walking trips Deluxe accommodations Explorer’s TrailWestern PassNorthern Route 3

4. 4 BC RAILWAYS SERVICE PACKAGE HIGHLIGHTS Exclusive Package Royal Package Classic Package Deluxe Package Experience full-length dome panoramic views Best tour price, starting at $1597 per person Delight in gourmet food in the full-service dining car Enjoy lunch in the open air observation car

5. Itinerary: Vancouver – Calgary Route highlights  Historical transcontinental railroad and the Last Spike monument  World famous Wolf Creek Bridge and Rich Bar Tunnels  Bucking Bull Pass in the Continental Divide  Follow the famous path of naturalist explorer John Henry Williamson EXPLORER’S TRAIL 5

6. SERVICE LEVELS AND PRICES ClassicDeluxeExclusiveRoyal Economy HotelStandard HotelDeluxe HotelSuperior Hotel Single - $1597Single - $1997Single - $2197Single - $2697 Double - $2197Double - $2397Double - $2797Double - $3297 No Transfers Includes Transfers Only Includes Transfers & Fees 6

7. Itinerary: Vancouver – Kamloops – Jasper Route highlights  Splendid views of the raging waters of Anderson Gorge  Tranquil beauty of Mount Robson – highest peak in the Canadian Rockies  Whitewater rafting on the Fraser River to Black Gulch  Jasper National Park WESTERN PASS 7

8. SERVICE LEVELS AND PRICES ClassicDeluxeExclusiveRoyal Economy HotelStandard HotelDeluxe HotelSuperior Hotel Single - $1697Single - $2197Single - $2397Single - $2897 Double - $2297Double - $2597Double - $2997Double - $3697 No Transfers Includes Transfers Only Includes Transfers & Fees 8

9. Itinerary: Vancouver – Prince George – Jasper Route highlights  Gold country explorations through Franklin and Elk Herd gold fields  Dramatic scenery along Anderson and Seton Lakes  The Coastal Rainforest –one of the largest rainforests in the world  Breathtaking panoramic views of the Rocky Mountain Trench NORTHERN ROUTE 9

10. SERVICE LEVELS AND PRICES ClassicDeluxeExclusiveRoyal Economy HotelStandard HotelDeluxe HotelSuperior Hotel Single - $1997Single - $2497Single - $2697Single - $3197 Double - $2497Double - $2797Double - $3197Double - $3997 No Transfers Includes Transfers Only Includes Transfers & Fees 10

11. VACATION COMPARISON SURVEY National on-line survey taken by Boyer’s & Assoc. 11

12. BEAUTIFUL BRITISH COLUMBIA Wolf Creek Bridge Established in 1857 by Fraser Ironworks On day 2 of the tour 20 kilometers east of Kamloops 12

13. QUARTERLY PROFIT FIGURES

14. QST REVENUE