TROON TO MANAGE COLONIAL COUNTRY CLUB, FORT MYERS, FLORIDA

Scottsdale, Arizona – To satisfy the lifestyle preferences of prospective residents of Colonial Country Club, Pulte Homes Inc. has contracted Troon Golf,® the recognized world leader in upscale golf course management, development and marketing, to oversee all club operations and provide impeccable resort-style service in this new golf community under development in Fort Myers, Fla.

Troon Golf will work with Pulte Homes in overseeing the construction phase of the golf course, scheduled to open in the summer of 2003, and then manage the club facilities and amenities in accordance with the Colonial Country Club’s Master Association.

“Our pre-development customer surveys indicated a preference for a socially oriented club, focused on pleasing aesthetics and a relaxing lifestyle with sophisticated service and amenities provided,” stated Pulte Homes Director of Land Development Steve Kempton. “The philosophy and style of Troon Golf fits perfectly with what we foresee for Colonial Country Club.”

Gordon G. Lewis, one of the most prolific golf course architects working in Southwest Florida, designed the golf course to meld with the pine and cypress surroundings, and the other amenities and club facilities within the club community. In accordance with the residents’ wishes, he designed the course to offer an enjoyable experience and not overly challenging for players from the regular tees.

“The comprehensive management plan we are implementing at Colonial Country Club exemplifies the scope and versatility Troon Golf offers,” said Troon Golf Executive Vice President, Acquisition & Development, Tim Schantz. “We are honored that Pulte Homes has chosen our company to carry out the vision for this remarkable new community.”

Headquartered in Scottsdale, Arizona, Troon Golf manages operations at more than 130 golf courses located in 23 states and 10 countries. Additionally, 23 Troon Golf facilities enjoy a Top 100 ranking by national or international publications. Troon Golf properties include The Westin Turnberry Resort, Ayrshire, Scotland; The Sagamore Club, Indianapolis, Indiana; Troon North Golf Club, Scottsdale, Arizona; Newport National Golf Club, Middletown, Rhode Island; Eagle Glen Golf Club, Corona, California; Kitago Golf Club, Miyazaki, Japan; and Huntingdale Golf Club, Victoria, Australia.