TROON GOLF APPOINTED TO MANAGE RED LEDGES GOLF CLUB

Scottsdale, Ariz. – Troon Golf,® the leader in upscale golf course management, development and marketing is pleased to announce its agreement to manage Red Ledges, a private golf course and recreational community located in Heber City, Utah.

Red Ledges will feature an 18-hole Jack Nicklaus Signature Course as well as a nine-hole Nicklaus Design short course. With an expected opening date set for fall of 2009, the Red Ledges course and private clubhouse will serve as the center point for the 2,000 acre development. Set against dramatic rock formations and groves of cedar trees, each course will feature stunning views that stretch across the Heber Valley, with the snow-capped peaks of Mount Timpanogos towering along the distant horizon.

“We are excited to be involved in this project and to partner with Red Ledges Land Development, Inc.,” stated Hud Hinton, president and COO, Troon Golf. “The beauty of the surrounding area, combined with the unparalleled service and playing conditions that Troon Golf is known for, will create a memorable experience for members and guests.”

“Red Ledges looks forward to working with Troon Golf in managing our golf courses and world-class amenities,” says Todd Cates, managing director of Red Ledges. “Troon Golf will help us to reach our goal of providing the very best in golf and member services.”

Headquartered in Scottsdale, Arizona, Troon Golf is the world’s largest golf management company, overseeing operations at more than 185 courses located in 32 states and 28 countries. Additionally, 35 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include Oneida Golf and Country Club, Green Bay, Wis.; The Westin Turnberry Resort, Ayrshire, Scotland; Classic Club, Palm Desert, Calif.; Troon North Golf Club, Scottsdale, Ariz.; Haig Point, Daufuskie Island, S.C.; Azalea Golf Course, Sao Miguel, Azores; Playa Mujeres Golf Club, Cancun, Mexico; The Dunes at Dubai Sports City, Dubai, UAE; and The Grove, London, England.