<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Markie:
I seem to remember that last year a number of the changes were not announced until Q1 so perhaps we should not be too hasty in assuming that there has been only one change for 2004.</font>
But you can rest assured that the changes announced
after the start of 2004 will be retroactive to January 1 if they involve devaluation or dilution of benefits. It's the Starwood way!