Flagship and Tiger Woods Announce Punta Brava Private Golf and Ocean Club

Includes a 20-villa private hotel

. October 14, 2008

SAN DIEGO, CA, October 8, 2998. The Flagship Group and Tiger Woods, Chairman of Tiger Woods Design, announced plans for Punta Brava-a private golf and ocean club community situated 40 minutes south of San Diego on the Pacific coast of Mexico-that will include the first oceanfront course ever designed by Woods.

Punta Brava, meaning 'wild point,' is at the tip of a peninsula south of Ensenada that extends seven miles into the Pacific Ocean. With the ocean on three sides and a dramatic mountain peak on the fourth, Punta Brava is marked by high cliffs and rock formations that create both a secluded and dramatic setting.

Among plans for Punta Brava are:

o Tiger Woods' 18-hole par 70 oceanfront course

o 40 Estate lots - three-quarter to three acres - priced between $3 million and $12 million

o 30 Individual-own villa residences - 4,500 to 7,000 square feet

o 60 Partnership villas - 4,500 to 6,500 square feet

o a 20-villa private hotel for residents and their guests - each including a private pool

Punta Brava also features a private clubhouse, an ocean club, a wellness spa, multiple dining venues, and various recreational activities inspired by the natural environment and local culture.

Construction on Punta Brava is expected to begin in early 2009 with residences, golf course and amenities scheduled for completion by 2011.

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