Karma Resorts Launches Karma Jimbaran

First Resort in an Agressive Expansion Plan

. October 14, 2008

BALI, July 18, 2005. John Spence, Chairman of Karma Resorts today announced the launch of the first Karma Resort, the Karma Jimbaran on July 1, 2005 in Bali Indonesia.

Karma Resorts is the realisation of Mr. Spense's vision to provide a luxurious lifestyle based environment that integrates the finest of villa living, with world class resort facilities and guest experiences.

The announcement marks the first phase of an aggressive expansion plan for Karma Resorts, which will see further openings in Koh Samui - Thailand March 2006, Uluwatu - Bali June 2006, Margaret River - Western Australia Early 2007 and The Seychelles in late 2007.

The appointments of Greg Liddell as General Manager and Leisa Kenny as Director of Sales and Marketing for Karma Resorts are major indicators towards the future development of the Karma Brand. Both Greg and Leisa hold a wealth of resort knowledge and join Karma direct from the Amanresorts group.

The future of Karma Resorts is one that will cement it's concept as a new wave of luxury resorts synonymous with creativity, elegance and value that will consistently set new benchmarks within the industry.

John Spence, Chairman of Karma Resorts, commented, "We have the correct management team in place for Karma Resorts' expansion. Karma offers a totally unique concept, providing a lifestyle choice for travellers in search of luxury, privacy, personal space."

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