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WYN » Topics » A DVERTISING E XPENSE

This excerpt taken from the WYN 8-K filed Jul 19, 2006.

ADVERTISING EXPENSE

Advertising costs are generally expensed in the period incurred. Advertising expenses, recorded primarily within marketing and reservation expenses on the Company’s Combined Statements of Income, were $66 million, $61 million and $52 million in 2005, 2004 and 2003, respectively.

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