Ginn sur Mer Update 
                            Construction Moving Forward at Good Pace 
                            January 19, 2008 
                            As 2008 unfolds, progress is continuing at a good pace on Grand Bahama  Island.  
                             According to Ginn  Resorts’ development team, infrastructure for the first neighborhood of  single-family homes will begin as early as February.  This includes roads, water, sewer, power and  fiber optic lines.  Construction on the  first oceanfront homes will begin by late spring or early summer of this  year.  
                             In the past 18 months, over  1.4 million cubic yards of muck were removed from the construction site and  replaced with limestone taken from the canals and marina excavations.  This is being done to raise the residential  sites to an elevation of 10.5 feet above sea level. 
                            
                            The elaborate canal system  that will meander throughout Ginn sur Mer is rapidly taking shape.  Over two miles of canals are now complete,  including the marina site at the resort core, which measures over 300 feet  across.
                            
                              Aerial taken  of the core in December 2007 showing the canal dredging.
                            Meanwhile, Wayne Smith, head of the golf course  division, has begun work on  Ginn sur  Mer’s Arnold Palmer signature golf course.  
                            
                              14th hole of the oceanfront Arnold Palmer signature  golf course
                            He  and his team have already shaped, planted and landscaped several holes, many of  which will offer outstanding views of the ocean. 
                            
                            Now  that most of the heavy construction work has been done, they plan to further  ramp up the pace of designing each individual hole in the first quarter of  2008.
                            
                            When complete, the Arnold Palmer signature  golf course will become the home of the Ginn sur Mer Classic.  
                             2007  proved to be a very successful and productive year for the development of Ginn  sur Mer on Grand Bahama Island, and 2008 is slated to go above and beyond.  
                            If you think you might be interested in a waterfront or golf course home at Ginn   sur Mer, I encourage you to contact   us for details on available inventory.      
                            
                              North  Shore Beach at Ginn sur Mer 
                            If your interest is in the condo hotel units that will eventually grace the   shores of Ginn sur Mer, let us know.  We are  in touch with the Ginn development team   on a regular basis, and we’ll let you know when those units can be reserved at   the earliest pre-construction pricing.
                            Contact us at info@CondoHotelsBahamas.com or   call 305-944-3090.