Jamaica's white sand beaches, turquoise waters and towering palm trees have traditionally been the backdrop for a serene island vacation.

(MONTEGO BAY, JAMAICA) - February 15, 2005 - Jamaica's white sand beaches, turquoise waters and towering palm trees have traditionally been the backdrop for a serene island vacation where relaxation takes precedence over one's short game. Not so in Montego Bay's most prestigious enclave, Rose Hall, where the internationally-acclaimed White Witch, Cinnamon Hill and Half Moon golf courses offer some of the world's most impressive golf experiences. Membership to the Rose Hall Golf Association and preferred access to these courses and other world-class amenities can be experienced at The Palmyra Resort & Spa at Rose Hall, the first luxury beachfront condo hotel in Jamaica, leading the island's renaissance. Located next to the famed Ritz-Carlton(r) on 16 acres of pristine waterfront land in Montego Bay, The Palmyra offers entrée to three golf courses that meander through the lush mountainside and follow the curves of the Caribbean Sea.

"We are thrilled to offer an unparalleled golf experience at the White Witch, Cinnamon Hill and Half Moon golf courses in conjunction with the unique, ground floor opportunity available at The Palmyra," said Robert T. Trotta, moving force behind the Resort Properties Group, developer of The Palmyra. "The Palmyra will be the pinnacle of luxury in Jamaica and will offer preferential tee times and premier service to three celebrated golf courses—a natural extension of The Palmyra's unparalleled tropical experience."

The White Witch course, named for legendary Rose Hall plantation owner Annie Palmer, remembered as the "White Witch of Rose Hall" because of her dark legacy, mistreatment of slaves and alleged involvement in the mysterious deaths of her three husbands, taunts golfers with its dramatic elevation changes with holes ranging from approximately 120 to 550 feet above sea level. The White Witch was recently named the No.1 golf course in the world for its staff and service and the No.1 golf course in the Caribbean in the June 2004 issue of Condé Nast Traveler.

Designed by Robert von Hagge and Rick Baril, this par-71, 6,719-yard course is as stunningly beautiful as it is challenging, with panoramic views of the Caribbean Sea from 16 of the 18 holes. The White Witch has several memorable holes including the first tee, which offers a breathtaking 270-degree view of the sea and a 300-foot elevation change off the tee that then climbs back up 550 yards before ending with the green tucked away on a plateau. Another notable hole is the 620-yard, par-5 10th hole that dog legs around bunkers on the edge of a ravine, with the green sitting 300 feet below the tee box. Blasted from limestone and marl and hilly throughout, the White Witch emphasizes tactics and course management from the opening tee shot to the final putt, ensuring that golfers will use every club in their bags.

"A golf course can be judged on two major factors: playability and beauty," said von Hagge. "Remember that on the course, while one person is hitting the shot, the other three are soaking up all the beauty around them. There isn't a great golf course in the world that isn't also beautiful. This land is truly magnificent."

One of the most unique traits of the White Witch is its Golf Concierge program. Rather than caddies, those who play the White Witch are provided with "golf concierges," who, in the spirit of Jamaican hospitality, see to every whim and impart local knowledge and lore while helping tame this sexy, challenging and occasionally unpredictable course. According to Kenneth Depew, director of golf operations for the White Witch, all golf concierges are trained in hospitality and many of them are recruited directly from hospitality academies.

"Our golf concierges provide five-star caddy service and the benefit of Jamaican hospitality that defines the experience," says Depew. "At the end of the day, most of our guests say that what made their White Witch experience unforgettable was not only the course, but the Golf Concierge program. It certainly sets the White Witch apart from all other courses, not just in the Caribbean, but in the world."

Just up the road is Cinnamon Hill, named for the long-time home of the late Johnny and June Carter Cash that sits above the back nine. Built on what used to be a 400-acre sugar plantation, Cinnamon Hill meanders through the lush mountains and out to the coast where players are close enough to the ocean to feel the sea spray on their faces. Cinnamon Hill is home to some of the area's most striking remnants of history, beginning in the shadow of the Rose Hall Great House, winding past a plantation-era graveyard and following an aqueduct down to the ocean. Inlaid stone walls and sugar mill plantation ruins are also scattered among the tees and bunkers, and the waterfall behind the 15th green served as the set for a classic James Bond seduction scene in the movie "Live and Let Die" as well as the setting for Annie Palmer's voodoo.

"Cinnamon Hill confronts players with a wide variety of holes including two of the best holes on the sea to links-style holes and everything in between," said Wes Russell, director of golf operations and utilities for Rose Hall.

Originally designed by Hank Smedley, and revamped in 2001 by von Hagge and Baril, Cinnamon Hill's par-71, 6,637-yard course was designed with the resort player in mind with its beach-sweeping front nine and the back nine snaking up into the mountains, offering a vast array of fabulous mountain, island and ocean views. Notable holes include the 5th hole, a long par-4 that follows the beach, the par-3 6th hole on whose right sits the world's biggest water hazard—the Caribbean sea, as well as the incredibly demanding par-4 17th hole that plays severely downhill to a narrow fairway flanked by bunkers and towering trees.

Currently undergoing a more than $1 million renovation is Half Moon Golf Club, a par-72 championship course originally designed by Robert Trent Jones Sr. and being renovated by famed golf course designer Roger Rulewich. Sculpted out of the foothills of the Jamaican coastline, Half Moon is a highly walkable course with 7,119 yards of difficult driving areas and undulating greens. The newly-renovated 14th hole now has three new fairway bunkers and the 18th hole is an entirely new experience, according to Half Moon Golf Director Kevyn Cunningham. Originally a short par-4, the 18th hole has been lengthened by 55 yards from the championship tee and 36 yards for the resort player, and Rulewich has created a new green and brought the picturesque pond into play on the second shot. Renovation of the back nine is complete and renovation of the front nine should be complete by October 2005.

"The integrity of Robert Trent Jones' original design has been maintained, while integrating the demands of the modern game," said Cunningham.

A member of Jack Nicklaus' "Great Golf Resorts of the World," Half Moon has hosted a number of tournaments including the Jamaica Open Golf Championship, the Dunhill Cup Final of the Americas and the Red Stripe Pro-Am. Also at Half Moon is the David Leadbetter Golf Academy offering half-day, two half-day and three half-day programs for all levels that includes instruction, in-depth video and computer analysis of the full swing and a take-home video cassette.

Montego Bay's three golf courses are also home to the annual Celebrity Players Tour Jamaican Holiday Classic. The third annual charity event will be played November 9-13, 2005, and will feature sports and entertainment celebrities from today and years past. The first and second annual Jamaican Holiday Classic included hall of famers from hockey, baseball, football and basketball including Grant Fuhr, Goose Gossage, Jim McMahon and Spud Webb, plus actors such as Kevin Sorbo and Shaft's Richard Roundtree.

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. 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 that is sure to appreciate. 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:

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 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, local craft booths and a range of cultural enrichment programs such as Jamaican cooking classes, painting classes, music classes as well as a kid's club that will entertain children with day-trips, interactive activities and educational programs.

Outside of The Palmyra, a rich island culture is yours to explore including the popular Air Jamaica Jazz & Blues Festival that takes place annually on the Cinnamon Hill golf course on Rose Hall, 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 and Montego Bay Yacht Club.

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.

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 and call 1.866.680.4740.