TROON GOLF APPOINTED TO MANAGE OPERATIONS AT QUEENS GAP

Posted on September 14, 2006

Western North Carolina Private Golf Development to Feature Jack Nicklaus Signature Golf Course

Scottsdale, Ariz. - Devinshire Land Development Company, developers of a private golf course community in Rutherfordton, North Carolina have chosen Troon Golf,® the leader in upscale golf course management, development and marketing to manage operations at Queens Gap. Moments from Lake Lure with breathtaking views of the Appalachian Mountains, Queens Gap is a private resort community expertly designed to provide stunning landscapes with world-class luxuries.

A private golf course community currently under development, Queens Gap will feature 1,000 residential units, including both single and multi-family homes. The home sites for Phase I will be between one half and four acres, with a price range of $200-$800K. The community will be centered around a Jack Nicklaus Signature Golf Course featuring impeccable greens and strategically placed bunkers, rewarding players with spectacular views and challenging play. Construction is scheduled to begin this fall.

"We are thrilled to be working with Devinshire Land Development Company at Queens Gap," stated Troon Golf President and COO, Hud Hinton. "Members can be assured that our management philosophies and superb playing conditions will contribute positively to their private club experience."

Other amenities at Queens Gap will include an equestrian center, outfitters cabin, resort-style water features, tennis center, and spa and wellness center. For outdoor enthusiasts hiking, biking and bridle trails will offer views of the beautiful western-North Carolina landscape.

"It was an obvious choice when selecting the team at Troon Golf to become our management partner," stated Devin McCarthy, president and COO, Devinshire Land Development Company. "Not only are they a world-class organization but they will offer our members a tremendous global reciprocal program."

Headquartered in Scottsdale, Arizona, Troon Golf is the world's largest golf management company, overseeing operations at more than 185 courses located in 29 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; The Classic Club, Palm Desert, Calif.; Lake of Isles, North Stonington, Conn.; The Ridge at Castle Pines North, Castle Rock, Colo.; Monte Rei Golf & Country Club, Algarve, Portugal; Palmilla Golf Club, Los Cabos, Mexico; and The Grove, London, England.Scottsdale, Ariz. - Devinshire Land Development Company, developers of a private golf course community in Rutherfordton, North Carolina have chosen Troon Golf,® the leader in upscale golf course management, development and marketing to manage operations at Queens Gap. Moments from Lake Lure with breathtaking views of the Appalachian Mountains, Queens Gap is a private resort community expertly designed to provide stunning landscapes with world-class luxuries.

A private golf course community currently under development, Queens Gap will feature 1,000 residential units, including both single and multi-family homes. The home sites for Phase I will be between one half and four acres, with a price range of $200-$800K. The community will be centered around a Jack Nicklaus Signature Golf Course featuring impeccable greens and strategically placed bunkers, rewarding players with spectacular views and challenging play. Construction is scheduled to begin this fall.

"We are thrilled to be working with Devinshire Land Development Company at Queens Gap," stated Troon Golf President and COO, Hud Hinton. "Members can be assured that our management philosophies and superb playing conditions will contribute positively to their private club experience."

Other amenities at Queens Gap will include an equestrian center, outfitters cabin, resort-style water features, tennis center, and spa and wellness center. For outdoor enthusiasts hiking, biking and bridle trails will offer views of the beautiful western-North Carolina landscape.

"It was an obvious choice when selecting the team at Troon Golf to become our management partner," stated Devin McCarthy, president and COO, Devinshire Land Development Company. "Not only are they a world-class organization but they will offer our members a tremendous global reciprocal program."

Headquartered in Scottsdale, Arizona, Troon Golf is the world's largest golf management company, overseeing operations at more than 185 courses located in 29 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; The Classic Club, Palm Desert, Calif.; Lake of Isles, North Stonington, Conn.; The Ridge at Castle Pines North, Castle Rock, Colo.; Monte Rei Golf & Country Club, Algarve, Portugal; Palmilla Golf Club, Los Cabos, Mexico; and The Grove, London, England.
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