With the advent of the Caribbean's high season, Jamaica's resurgence as the premier destination has never been more evident.

(ROSE HALL, JAMAICA) - November 7, 2005 - With the advent of the Caribbean's high season, Jamaica's resurgence as the premier destination has never been more evident. The island was recently recognized as one of the top "101 Islands We Love" by Conde Nast Traveler and boasts four, on-island resorts included in Travel + Leisure's "World's Best" listing. Jamaica is thriving, drawing vacationers with its spectacular seascape and rejuvenating turquoise waters, and anticipating an influx of tourists for the upcoming season, according to the Jamaica Tourist Board. With so many recent accolades and a renaissance sweeping the island, this coming season is sure to solidify Jamaica's reputation as the Caribbean destination of choice.

For those vacationers who fall in love with Jamaica, the island now boasts a new, notable condo hotel community that is leading the north shore's renaissance. The Palmyra Resort & Spa at Rose Hall is the first luxury beachfront condo hotel community in Jamaica and offers one of the last untouched, affordable real estate opportunities in the world. Located next to the famed Ritz-Carlton(r) on 16 acres of pristine waterfront land in Montego Bay, The Palmyra offers world-class amenities and unparalleled indulgence in a tropical village setting.

"The Palmyra offers the best of all worlds," said Robert T. Trotta, moving force behind the Resort Properties Group, developer of The Palmyra. "Second home buyers have the benefit of the community's ground floor real estate opportunity, while vacationers can enjoy a taste of The Palmyra through its exclusive rental pool. For those who want to experience the essence of Jamaica—this is the ideal location as The Palmyra combines tasteful luxury while embracing the vibrant island culture."

Offering the allure of Rose Hall's internationally renowned golf courses, white sand beaches and a private club lifestyle that is unrivaled in the Caribbean, The Palmyra provides its residents and guests with an incomparable way of living that feels remote and tranquil, but is easily accessible via direct flights from a multitude of major U.S. hubs. Outside of Jamaica, beachfront property is increasingly hard to come by without paying a premium. The Palmyra offers a value-added lifestyle and the benefit of an investment opportunity located on Jamaica's Gold Coast that is sure to appreciate.

Bringing The Palmyra to life is Rose Hall Developments, the company that has masterfully planned the entire 5,000-acre community of Rose Hall Plantation, in partnership with the Resort Properties Group. The Resort Properties Group is a highly-respected development company with more than 20 years of expertise in creating spectacular, international luxury communities in Europe. With prime location, luxury condominiums, villas and homesites within the beautiful confines of The Palmyra and Rose Hall, the area is destined to become one of the most exclusive communities in the Caribbean.

REAL ESTATE OFFERING

Located in the heart of the West Indies within the elite enclave of Rose Hall, the private sanctuary of The Palmyra will stretch along one-half mile of pristine Caribbean ocean where greens meet blues, fine white sand filters through toes and light sea spray from undulating waves lulls visitors into pure bliss. The Palmyra's real estate offering provides exclusive access to the resort for both second home owners and those looking for a rental opportunity through the managed rental program. Prices for the villas and condos range from the $400's to $5 million. Groundbreaking for the first phase of development consists of 11 villas, two condo buildings, The Palmyra ESPA, infinity pool and beach, and the project is slated to reach completion in fall 2007. The real estate offering includes:

"Jamaica is experiencing a renaissance as the government and international private investors revive the dynamic tourism industry with infrastructure improvements and resort development," said Trotta. "The Palmyra is part of this imminent renewal, and our residents will benefit from the island's assets including a newly-privatized, highly efficient airport and a duty-free shopping center."

AMENITIES

Situated on oceanfront land at the 5,000-acre Rose Hall estate, The Palmyra gives its residents and guests the opportunity to choose from the very best amenities available. The Palmyra ESPA, a five- star, 30,000-square foot spa, is a destination in itself for pampering and rejuvenation through wellness classes, therapeutic treatments and relaxation. Susan Harmsworth, founder and CEO of ESPA, is an award-winning spa designer and counts five of the top 10 best spas worldwide, as recognized by Condé Nast Traveler, among her designs. The Palmyra ESPA will rival the world's best and will include state-of-the-art heat experiences, men's and women's indoor/outdoor relaxation areas, hot pools, tai chi, yoga, pilates, personal training and customized treatments, signature products and more.

Additionally, The Palmyra offers a fitness center and beachside amenities including cabanas, restaurant service and access to adventure gear for snorkeling, kayaking and more. Residents are encouraged to relax in one of three pools that overlook the sea—one specified for adults, one for families and one infinity pool. Dining options within The Palmyra community include casual beachfront fare at Annie's Reach or relaxed dining throughout the day at the Clubhouse. The Palmyra will also host on-site farmer's markets and local craft booths, bringing the treasures of Jamaican produce and handicrafts directly to guests.

PERSONAL CONCIERGE SERVICE

All needs and requests by residents are taken care of by a personal concierge at The Palmyra. Whether on-site activities or adventures outside of Rose Hall are on the day's schedule, the skilled concierge staff takes pride in making each and every guest's vacation unique and memorable from stocking refrigerators with choice products, partnering guests with the best island guides available or simply arranging restaurant reservations, tee times or babysitters. On hand to ensure no detail of the journey is overlooked throughout the duration of a resident's stay, The Palmyra's concierge staff provides insight to all of Jamaica's unique activities and addresses special needs any time of day.

ENRICHMENT CLASSES AND ACTIVITIES

The Palmyra gives residents the best of both worlds: the seclusion of a private sanctuary coupled with the vast opportunities of a vibrant island culture. Palmyra guests and residents will have the opportunity to participate in a range of cultural enrichment programs on-site ranging from Jamaican cooking classes where local chefs demonstrate the secrets of Jamaica's jerk seasoning, painting classes, music classes and much more. The Palmyra embraces visiting families by providing a kid's club that will entertain children with day-trips, interactive activities and educational programs, providing parents with time to reconnect and enjoy The Palmyra experience.

PREMIER GOLF DESTINATION

Three internationally-acclaimed championship golf courses wind through the lush mountains and valleys of Rose Hall, providing challenging and breathtaking golf experiences on the White Witch, Cinnamon Hill and nearby Half Moon golf courses. The Palmyra guests will have access to the Rose Hall Golf Association in addition to preferential tee times and charging privileges to the course clubhouses and restaurants. Designed by the course architecture team of Robert von Hagge and Rick Baril, the White Witch and Cinnamon Hill golf courses provide two exceptionally unique golf experiences just minutes from The Palmyra, while Half Moon is five minutes away. Rather than caddies, those who play the White Witch are provided with "golf concierges" who see to every whim and impart local knowledge and lore while helping tame this sexy, challenging and occasionally unpredictable course.

EXPLORING JAMAICA

Outside of The Palmyra, a rich island culture is yours to explore—the hardest decision for guests will be what to do first! The Palmyra staff will happily coordinate guided adventures with the best local outfitters to maximize the guest experience. Rose Hall's vast assortment of activities include the popular Air Jamaica Jazz & Blues Festival that takes place annually on the Cinnamon Hill golf course, as well as outdoor recreation opportunities such as horseback riding on the beach, mountain trails or into the Caribbean, swimming with dolphins, river rafting, canoeing, kayaking, biking, deep sea fishing and more. Guests may visit The Shoppes at Rose Hall, 70,000 square feet of entertainment space dedicated primarily to duty-free shopping, European boutiques, restaurants and activities, or can explore the nearby Rose Hall Great House Museum and Montego Bay Yacht Club.

VISITING THE PALMYRA RESORT & SPA AT ROSE HALL

To learn more about The Palmyra Resort & Spa at Rose Hall, interested parties may visit the sales centers located within the Ritz-Carlton(r) or on-site at The Palmyra, or may visit www.ExploreThePalmyra.com or call 1.866.680.4740.