TROON GOLF FACILITY SELECTED FOR JACK NICKLAUS GOLF CLUB OF CANADA

Posted on February 12, 2007

Marks First Course in Canada to Receive the Distinction

Scottsdale, Ariz. - Troon Golf,® the leader in upscale golf course management, development and marketing is pleased to announce that Wyndansea Oceanfront Golf Resort, a Troon Golf-managed facility, has been selected as the site for the Jack Nicklaus Golf Club of Canada. Wyndansea is the first facility in Canada to merit the distinction and will be one of up to 25 Jack Nicklaus Golf Clubs worldwide.

The distinction was created as an exclusive access and reciprocity program for a limited number of elite Jack Nicklaus Signature Golf Courses located in ideal markets around the world. The program will be available to no more than 35 members per club. As part of this unique license, the Jack Nicklaus Golf Club of Canada at Wyndansea will offer associate club members reciprocity at other Jack Nicklaus Golf Clubs and will have access to a "Nicklaus Home" established on each property.

Troon Golf was appointed to manage golf operations at Wyndansea in December 2006, increasing Troon Golf's presence in Canada. With the addition of Wyndansea, Troon Golf now manages two facilities on Vancouver Island.

"We are excited to be involved with what will become one of the foremost golf communities on western Canada," stated Hud Hinton, president and COO, Troon Golf. "Members and guests will enjoy the unparalleled service and unforgettable playing conditions that has become synonymous with Troon Golf."

Locations for future Jack Nicklaus Golf Clubs will encompass some of the world's most sought-after markets and destinations. Current sites include New Zealand, Royal Island (Bahamas), St. Lucia and Anguilla in the Eastern Caribbean, the Patagonia region of Argentina, and Mount Holly, a ski destination in Utah.

"The rugged coastline, the wild Pacific, and the ancient rainforest surrounding Wyndansea are spectacular," Jack Nicklaus said. "The West Coast of Canada has become such a hugely popular destination, and I think Ucluelet and Wyndansea make for an ideal location for one of the Clubs. Marine Drive Properties has given us the opportunity to create something truly special, and I think the golf experience has the potential to be as unique and memorable as the piece of property already is."

Neighbouring Pacific Rim National Park, Wyndansea is located just north of the charming coastal village of Ucluelet, along the spectacular West Coast of Vancouver Island. Wyndansea will feature a comprehensive mix of vacation homes, estate home sites, condominiums and an internationally branded luxury condominium hotel with 210 suites that will be offered for sale this fall. The 370-acre property is located on a peninsula that faces both the Ucluelet Inlet and the open Pacific Ocean.

The site at Wyndansea also includes the Signature Circle, an enclave of 30 oceanfront and semi-oceanfront estate-sized home sites. In addition to membership in the Jack Nicklaus Golf Club of Canada, purchasers in the Signature Circle will receive other privileges including access to five-star luxury services and hotel amenities, vacation rental management, a private eight-acre park with 18-hole practice area, a lake, walk-on beach access and a private gated entrance.

About Troon Golf (www.troongolf.com)

Headquartered in Scottsdale, Arizona, Troon Golf is the world's largest golf management company, overseeing operations at more than 185 courses located in 30 states and 22 countries. Additionally, 34 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include The Peninsula Golf & Country Club, Millsboro, Del.; The Westin Turnberry Resort, Ayrshire, Scotland; Escena Golf Club, Palm Springs Calif.; Lake of Isles, North Stonington, Conn.; The Ridge at Castle Pines North, Castle Rock, Colo.; Le Paradis, Praslin Bay, St. Lucia; Playa Mujeres Golf Club, Cancun, Mexico; and The Grove, London, England.

About Marine Drive Properties (www.marinedriveproperties.com) Marine Drive Properties Ltd. is a privately owned corporation focused on Resort and Residential Development. Ms. Loof-Koehler has been creating superior real estate developments in British Columbia interior and Vancouver Island since 1990. Her most recent projects are located on the West Coast of Vancouver Island in the Village of Ucluelet. Tauca Lea Resort and Spa, an 81-suite Strata Resort with Restaurant and Spa, and Marine Drive Properties' 100-acre Oceanfront Resort Development, which includes a comprehensive strategy incorporating a 132-suite oceanfront hotel, residential, resort and vacation homes. Ms. Loof-Koehler's background includes Landscape Architecture, Urban Planning and Design.

About Nicklaus Design (www.nicklausdesign.com) For more than 35 years, the mission of the Nicklaus Companies has been to enhance the golf experience, and to bring to the national and international consumer golf-related businesses and services that mirror the high standards established in the career and life of Jack Nicklaus. These services include golf-course design, the development of golf and real estate communities, and the marketing and licensing of golf products and services. Nicklaus Design, recognized as the world leader in golf course design, has been involved with over 310 courses open for play in 29 countries and 38 states. Of those, Jack Nicklaus has designed, co-designed or re-designed 254 courses around the globe, more than 50 of which have been ranked in various national or international Top-100 lists. Nicklaus Design currently has over 50 courses under construction, as well as projects under development in 37 different countries.

Scottsdale, Ariz. - Troon Golf,® the leader in upscale golf course management, development and marketing is pleased to announce that Wyndansea Oceanfront Golf Resort, a Troon Golf-managed facility, has been selected as the site for the Jack Nicklaus Golf Club of Canada. Wyndansea is the first facility in Canada to merit the distinction and will be one of up to 25 Jack Nicklaus Golf Clubs worldwide.

The distinction was created as an exclusive access and reciprocity program for a limited number of elite Jack Nicklaus Signature Golf Courses located in ideal markets around the world. The program will be available to no more than 35 members per club. As part of this unique license, the Jack Nicklaus Golf Club of Canada at Wyndansea will offer associate club members reciprocity at other Jack Nicklaus Golf Clubs and will have access to a "Nicklaus Home" established on each property.

Troon Golf was appointed to manage golf operations at Wyndansea in December 2006, increasing Troon Golf's presence in Canada. With the addition of Wyndansea, Troon Golf now manages two facilities on Vancouver Island.

"We are excited to be involved with what will become one of the foremost golf communities on western Canada," stated Hud Hinton, president and COO, Troon Golf. "Members and guests will enjoy the unparalleled service and unforgettable playing conditions that has become synonymous with Troon Golf."

Locations for future Jack Nicklaus Golf Clubs will encompass some of the world's most sought-after markets and destinations. Current sites include New Zealand, Royal Island (Bahamas), St. Lucia and Anguilla in the Eastern Caribbean, the Patagonia region of Argentina, and Mount Holly, a ski destination in Utah.

"The rugged coastline, the wild Pacific, and the ancient rainforest surrounding Wyndansea are spectacular," Jack Nicklaus said. "The West Coast of Canada has become such a hugely popular destination, and I think Ucluelet and Wyndansea make for an ideal location for one of the Clubs. Marine Drive Properties has given us the opportunity to create something truly special, and I think the golf experience has the potential to be as unique and memorable as the piece of property already is."

Neighbouring Pacific Rim National Park, Wyndansea is located just north of the charming coastal village of Ucluelet, along the spectacular West Coast of Vancouver Island. Wyndansea will feature a comprehensive mix of vacation homes, estate home sites, condominiums and an internationally branded luxury condominium hotel with 210 suites that will be offered for sale this fall. The 370-acre property is located on a peninsula that faces both the Ucluelet Inlet and the open Pacific Ocean.

The site at Wyndansea also includes the Signature Circle, an enclave of 30 oceanfront and semi-oceanfront estate-sized home sites. In addition to membership in the Jack Nicklaus Golf Club of Canada, purchasers in the Signature Circle will receive other privileges including access to five-star luxury services and hotel amenities, vacation rental management, a private eight-acre park with 18-hole practice area, a lake, walk-on beach access and a private gated entrance.

About Troon Golf (www.troongolf.com)

Headquartered in Scottsdale, Arizona, Troon Golf is the world's largest golf management company, overseeing operations at more than 185 courses located in 30 states and 22 countries. Additionally, 34 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include The Peninsula Golf & Country Club, Millsboro, Del.; The Westin Turnberry Resort, Ayrshire, Scotland; Escena Golf Club, Palm Springs Calif.; Lake of Isles, North Stonington, Conn.; The Ridge at Castle Pines North, Castle Rock, Colo.; Le Paradis, Praslin Bay, St. Lucia; Playa Mujeres Golf Club, Cancun, Mexico; and The Grove, London, England.

About Marine Drive Properties (www.marinedriveproperties.com) Marine Drive Properties Ltd. is a privately owned corporation focused on Resort and Residential Development. Ms. Loof-Koehler has been creating superior real estate developments in British Columbia interior and Vancouver Island since 1990. Her most recent projects are located on the West Coast of Vancouver Island in the Village of Ucluelet. Tauca Lea Resort and Spa, an 81-suite Strata Resort with Restaurant and Spa, and Marine Drive Properties' 100-acre Oceanfront Resort Development, which includes a comprehensive strategy incorporating a 132-suite oceanfront hotel, residential, resort and vacation homes. Ms. Loof-Koehler's background includes Landscape Architecture, Urban Planning and Design.

About Nicklaus Design (www.nicklausdesign.com) For more than 35 years, the mission of the Nicklaus Companies has been to enhance the golf experience, and to bring to the national and international consumer golf-related businesses and services that mirror the high standards established in the career and life of Jack Nicklaus. These services include golf-course design, the development of golf and real estate communities, and the marketing and licensing of golf products and services. Nicklaus Design, recognized as the world leader in golf course design, has been involved with over 310 courses open for play in 29 countries and 38 states. Of those, Jack Nicklaus has designed, co-designed or re-designed 254 courses around the globe, more than 50 of which have been ranked in various national or international Top-100 lists. Nicklaus Design currently has over 50 courses under construction, as well as projects under development in 37 different countries.

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