Wyndham Worldwide Corporation Declares Cash Dividend

PARSIPPANY, N.J., Feb. 29 /PRNewswire-FirstCall/ -- Wyndham Worldwide Corporation (NYSE:WYN) today announced its Board of Directors declared a cash dividend of $0.04 per share on its common stock, payable March 13, 2008 to shareholders of record as of March 6, 2008.

As one of the world's largest hospitality companies, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. Wyndham Hotel Group encompasses more than 6,500 franchised hotels and over 550,000 hotel rooms worldwide. Group RCI offers its more than 3.6 million members access to more than 67,000 vacation properties located in approximately 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of approximately 145 vacation ownership resorts serving over 800,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs more than 33,000 employees globally.

For more information about Wyndham Worldwide, please visit the company's web site at www.WyndhamWorldwide.com.

Source: Wyndham Worldwide Corporation

CONTACT: Investors, Margo C. Happer, Senior Vice President, Investor
Relations, +1-973-753-6472, Margo.Happer@wyndhamworldwide.com; or Press, Betsy
O'Rourke, Senior Vice President, Marketing and Communications,
+1-973-753-7422, Betsy.O'Rourke@wyndhamworldwide.com, both of Wyndham
Worldwide Corporation

Web site: http://www.wyndhamworldwide.com/

2008-02-29 17:15:32 0302063 PRNEWSWIRE