PRESS RELEASE

(For Immediate Release) April 12, 2005

Great North Property Management, New England’s largest provider of condominium and homeowners Association property management announced today the employment of Tom Cleland as property manager in their Bretton Woods Regional office. Mr. Cleland has extensive facilities management experience with a number of Fortune 500 companies. He lives in a condominium and has served on the condo Board of Directors. He is a graduate of Penn. State with a degree in accounting.

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