CNL Lifestyle Properties, Inc. - Investment Strategy - An Investment Strategy Driven by Demographics

Baby Boomers are currently the single largest and most dominant demographic influence in the United States.

An Investment Strategy Driven by Demographics

Baby Boomers, those born between 1946 and 1964, currently are one of the single largest and most dominant demographic influence in the United States. Baby Boomers represent approximately 77 million of 310 million Americans. According to the U.S. Census Bureau, in 2010 more than 76 million Americans will turn 55 or older.*

Generation Xers and Echo Boomers also represent a significant portion of the population. Generation Xers or Gen Xers, born between 1965 and 1976, account for approximately 50 million Americans. Echo Boomers, the demographic group born between 1977 and 1994, represent approximately 77 million Americans.

Population, by Age Group * Source: U.S. Census Bureau, 2010 data extrapolated from 2000 Census

This sales and advertising literature is neither an offer to sell nor a solicitation of an offer to buy the securities described herein.
This literature must be read with the prospectus in order to fully understand all of the implications and risks
of the offering of securities to which it relates. A copy of the prospectus must be made available to you in connection with this offering.

There are important risks associated with an investment in CNL Lifestyle Properties, Inc. To view a summary of these risks, as outlined in the prospectus click here. This material must be read in conjunction with our prospectus in order to fully understand all the implications and risks involved in this offering. To read a copy of the prospectus, click here.

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