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Diamond Resorts International Provides Update on Share Repurchase Program

LAS VEGAS--(BUSINESS WIRE)--Diamond Resorts International, Inc. (NYSE:DRII) announced today that since commencing its share repurchase program in October, 2014, the Company has acquired approximately 6.4 million shares of its common stock at an average price per share of approximately $28.23, representing a total share repurchase to date of approximately $179.5 million. As a result of these transactions, total shares outstanding as of December 31, 2015 was approximately 69.7 million.