PRESS RELEASE

(For Immediate Release) March 5, 2003

Great North Property Management, Inc. New England’s largest provider of condominium and homeowners Association property management announced today the acquisition of the community association contracts that were previously managed by GBF Management, Inc. of Nashua, New Hampshire

These fine community associations will join the over 125 community associations operated by Great North Property Management, Inc across New England. Great North President & CEO Lou Gargiulo in a prepared statement welcomed the new associations to the Great North family.

Great North can now be contacted at (603)-436-4100 or (800)-639-7309 or found on the web at www.greatnorth.net