Mt. Holly Club Selected as Prestigious Jack Nicklaus Golf Club

Mt. Holly, UT, March 14, 2007 --( Mt. Holly Club, the world's finest private luxury ski and golf resort, today announced its selection as a Jack Nicklaus Golf Club -- the most exclusive designation granted by the Nicklaus organization. This prestigious designation is reserved for only 25 Jack Nicklaus Signature courses worldwide (5 in the U.S.) and includes an exclusive reciprocity program with other Jack Nicklaus Golf Clubs located in unique settings around the world. The Mt. Holly Club course is the only mountain course to receive the designation.

"Nicklaus Design is far and away the top golf course design group in the world," said Stephen Jenson, owner and partner of Mt. Holly Club. "To receive this elite designation and Jack's personal involvement in the project is a thrill for our company and a testament to the incredible beauty and uniqueness of the site. Jack's vision and creativity in bringing this mountain course to life cements its position among the elite luxury clubs in the world and ensure our members a one-of-a-kind resort experience."

Located on 2,000 acres in one of the world's most spectacular alpine settings, Mt. Holly Club is a self-contained private village at 10,000 feet, surrounded by more than 750,000 acres of national forest land. It is the first and only private community in the world to offer a ski-in/ski-out, golf-in/golf-out experience in a luxury resort.

From his first visit to the Mt. Holly Club site, Jack Nicklaus was taken with the prospects of developing a truly spectacular course. "Typically, when I survey a potential course site, I'll think through 1-2 holes if I'm not particularly impressed -- 4-5 holes if I really like it," said Nicklaus. "When I walked Mt. Holly Club, I was so captured by its potential I thought through all 18 holes. In fact, I have been so impressed with the club and its management team that I became a founding charter member."

The Mt. Holly Club course will become a centerpiece of the innovative ski-in/ski-out, golf-in/golf out design that sets the area apart from all other luxury resorts in the world. Many of the 1,200 luxury home sites are arranged to provide literal back yard access to the golf course. In winter, members' "on the course" golf-in/golf-out homes become ski-in/ski-out back doors to some of the finest Utah powder skiing in the world under the direction of Olympic gold medalist Ted Ligety, Director of Skiing.

Thirty-five Mt. Holly Club Charter Members will be eligible to enjoy an exclusive reciprocity program with other Jack Nicklaus Golf Clubs throughout the world, with all the clubs' amenities at their disposal. Additionally, a beautiful new home where Jack stays when he visits each location is available to JNGC Members.

To date Jack Nicklaus has 250 Signature courses open for play worldwide. Of those, and others to be built in the future, only a total of 25 will be designated as Jack Nicklaus Clubs, and will include some of the world's most sought-after destinations. Current JNGC sites include New Zealand, Royal Island (Bahamas), St. Lucia and Anguilla in the Eastern Caribbean, Ucluelet British Columbia, and the Patagonia region of Argentina. Construction of the course will begin in early 2007 and the front nine holes will be open in summer 2008. The back nine holes are scheduled to open in summer 2009.

Mt. Holly Club
Bill Quick