Outrigger to Manage Resort Hotel in Phuket

In the West Sands Development, the Hotel Will Include Phuket's First Water Park

. October 14, 2008

HONOLULU, HI, February 22, 2008. Outrigger Enterprises Group announced today that it has been selected to manage a new luxury 400-room full service hotel in an exciting new, mixed use resort being built on the island of Phuket in Thailand. The resort, located on Mai Khao Beach along the unspoiled northwest coast of Phuket, will be called the West Sands Resort, Phuket and will feature the new West Sands Outrigger Resort, Phuket hotel, 98 villas and 336 condominiums, along with stand-alone restaurants and a world class water park.

Central & City Developments Limited, whose principals include Sir Terry Leahy, a former European Business Leader of the year, and Paul Mercer, well-known developer and president of Central & City Developments, is the developer of West Sands, which is the first in a series of lifestyle resorts to be developed by Central & City Developments.

"This is an exciting opportunity for Outrigger," said David Carey, president and CEO of Outrigger Enterprises Group. "We've had our sights set on Thailand -- Phuket in particular -- for some time now; and we're thrilled to be associated with such a prestigious project and a team of experienced developers known for their high standards and quality projects."

"West Sands offers a superb environment, unmatched anywhere else on Phuket in terms of both property and environment," said Sir Terry Leahy, principal shareholder of Central & City Developments. "We're pleased to have Outrigger as the manager of the hotel at West Sands and look forward to a successful project backed by Outrigger's exemplary reputation and expertise, global strategy, cutting edge technology and proven customer service."

Work is already underway on the West Sands project, with the first 140 villa and condominium units set for completion by the fall of 2008. The West Sands Outrigger Resort hotel facility is part of phase two of the project and is slated to open by end of 2009. Resort amenities will include Phuket's first water park, a beach club, private clubhouse, fitness center, tennis courts, a holistic fusion spa, as well as a selection of retail shops and restaurants.

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