TROON GOLF OFFERS AN EXCLUSIVE MEMBERSHIP TO MEMBERS OF THE ROCKS

Posted on January 10, 2002

An Ultra-Luxury Private Residence Club in North Scottsdale

Scottsdale, AZ - Troon Golf, the world leader in upscale golf course management, development, and marketing, has entered into an agreement with Scottsdale development group, Monarch Communities, LLC, owner of The Rocks, an ultra-luxury private residence club to be constructed adjacent to Troon North Golf Club in Scottsdale.

Rocks owner/members and their guests will be pampered by an expanded, exclusive version of the TROON GOLF EXPERIENCE, having the added benefits of the newly created "Troon-Rocks Membership". The membership provides access to the golf courses in the Troon Golf portfolio located in the greater Phoenix metropolitan area, as well as around the world.

"Troon's commitment to providing superior service and quality in upscale golf facilities makes us golf's first and foremost luxury brand," said Troon's President and Chief Operating Officer Hud Hinton. "We are excited for the opportunity to align ourselves with The Rocks to offer the ultimate golf experience to the members and guests.

Sited on 22 acres of lush Sonoran Desert, this breathtaking desert oasis features dramatic topography, stunning boulder outcroppings and spectacular views of Pinnacle Peak, Troon Mountain, Four Peaks and the Superstition Mountains. The Rocks will comprise 40 private Villas averaging 3,000 square feet, designed by internationally acclaimed Scottsdale architect Bing Hu and furnished in the style of upscale Southwestern haciendas.

Monarch has also teamed with Mosaic Development of San Francisco for development consulting, marketing and sales of The Rocks. Mosaic previously developed and sold the nation's most successful residence club completed to date, The Austria Haus Club and Hotel in Vail, Colorado.

Developer Peter Burger summarized his firm's mission: "Our vision for The Rocks is to create a lifestyle experience unlike any other. The combination of our private residence club's quality; Troon Golf's management of exceptional golf facilities; and the club industry experience of Mosaic will create a fantastic synergy between home ownership and resort services."

Based in Scottsdale, Arizona, Troon Golf represents over 110 management and development contracts in 21 states and 10 countries. Troon Golf properties include venues such as The Westin Turnberry Resort, Ayrshire, Scotland; Monarch Beach Golf Club, Dana Point, California; Huntingdale Golf Club, Victoria, Australia; Quintero Golf & Country Club, Lake Pleasant, Arizona; and Ixtapan Country Club, Resort & Country Club, Ixtapan, Mexico.

Contact The Rocks at 1-877-668-6068 or 480-538-0668 for more information. Scottsdale, AZ - Troon Golf, the world leader in upscale golf course management, development, and marketing, has entered into an agreement with Scottsdale development group, Monarch Communities, LLC, owner of The Rocks, an ultra-luxury private residence club to be constructed adjacent to Troon North Golf Club in Scottsdale.

Rocks owner/members and their guests will be pampered by an expanded, exclusive version of the TROON GOLF EXPERIENCE, having the added benefits of the newly created "Troon-Rocks Membership". The membership provides access to the golf courses in the Troon Golf portfolio located in the greater Phoenix metropolitan area, as well as around the world.

"Troon's commitment to providing superior service and quality in upscale golf facilities makes us golf's first and foremost luxury brand," said Troon's President and Chief Operating Officer Hud Hinton. "We are excited for the opportunity to align ourselves with The Rocks to offer the ultimate golf experience to the members and guests.

Sited on 22 acres of lush Sonoran Desert, this breathtaking desert oasis features dramatic topography, stunning boulder outcroppings and spectacular views of Pinnacle Peak, Troon Mountain, Four Peaks and the Superstition Mountains. The Rocks will comprise 40 private Villas averaging 3,000 square feet, designed by internationally acclaimed Scottsdale architect Bing Hu and furnished in the style of upscale Southwestern haciendas.

Monarch has also teamed with Mosaic Development of San Francisco for development consulting, marketing and sales of The Rocks. Mosaic previously developed and sold the nation's most successful residence club completed to date, The Austria Haus Club and Hotel in Vail, Colorado.

Developer Peter Burger summarized his firm's mission: "Our vision for The Rocks is to create a lifestyle experience unlike any other. The combination of our private residence club's quality; Troon Golf's management of exceptional golf facilities; and the club industry experience of Mosaic will create a fantastic synergy between home ownership and resort services."

Based in Scottsdale, Arizona, Troon Golf represents over 110 management and development contracts in 21 states and 10 countries. Troon Golf properties include venues such as The Westin Turnberry Resort, Ayrshire, Scotland; Monarch Beach Golf Club, Dana Point, California; Huntingdale Golf Club, Victoria, Australia; Quintero Golf & Country Club, Lake Pleasant, Arizona; and Ixtapan Country Club, Resort & Country Club, Ixtapan, Mexico.

Contact The Rocks at 1-877-668-6068 or 480-538-0668 for more information.
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