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Wyndansea Selected for Jack Nicklaus Golf Club of Canada

February 8, 2007

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Associate Club Members will have access to 25 Clubs worldwide, plus Nicklaus Home

NORTH PALM BEACH, Fla. and UCLUELET, LONG BEACH B.C. – Developer Marine Drive Properties Ltd. announced today that Jack Nicklaus and the Nicklaus Companies have selected Wyndansea Oceanfront Golf Resort as the site for the Jack Nicklaus Golf Club of Canada. Wyndansea will become one of up to 25 clubs worldwide to share the unique distinction of being a Jack Nicklaus Golf Club, which was created as an exclusive access and reciprocity program for a limited number of elite Jack Nicklaus Signature Golf Courses located in ideal markets around the world. The program will be available to no more than 35 Members per club.

Never before has a club been branded with the Jack Nicklaus name, and as part of this unique license, the Jack Nicklaus Golf Club of Canada at Wyndansea will be able to offer Associate Club Members reciprocity at other Jack Nicklaus Golf Clubs, as well as access to a Nicklaus Home established on each property for use by Jack Nicklaus, his family and other JNGC Members worldwide. In addition to the reciprocity privileges and the use of the Nicklaus Home at each club, there are no membership fees or annual dues, no green fees and benefits include access to club amenities and tee times at all Jack Nicklaus Golf Club locations.

Locations for future Jack Nicklaus Golf Clubs will encompass some of the world’s most sought-after markets and destinations. Current JNGC sites include New Zealand, Royal Island (Bahamas), St. Lucia and Anguilla in the Eastern Caribbean, the Patagonia region of Argentina, and Mount Holly, a ski destination in Utah.

S&P Destination Properties www.sprealestate.com is the exclusive listing agent now marketing the Signature Circle, an enclave of 30 oceanfront and semi-oceanfront estate-sized home sites varying in size from a one-half acre to three-fourths acre. In addition to membership in the Jack Nicklaus Golf Club of Canada, purchasers in the Signature Circle will receive other privileges including access to five-star luxury services and hotel amenities, vacation rental management, a private eight-acre park with 18-hole practice area, a lake, walk-on beach access and a private gated entrance.

"The rugged coastline, the wild Pacific, and the ancient rainforest surrounding Wyndansea are spectacular," Jack Nicklaus said. "The West Coast of Canada has become such a hugely popular destination, and I think Ucluelet and Wyndansea make for an ideal location for one of the Clubs. Marine Drive Properties has given us the opportunity to create something truly special, and I think the golf experience has the potential to be as unique and memorable as the piece of property already is."

Neighboring Pacific Rim National Park, Wyndansea is located just north of the charming coastal village of Ucluelet, along the spectacular West Coast of Vancouver Island. Wyndansea will feature a comprehensive mix of vacation homes, estate home sites, condominiums and an internationally branded luxury condominium hotel with 210 suites that will be offered for sale this fall. The 370-acre property is located on a peninsula that faces both the Ucluelet Inlet and the open Pacific Ocean.

Ms. Elke Loof-Koehler, president and founder of Marine Drive Properties Ltd, said, "Being selected for the Jack Nicklaus Golf Club of Canada is special and it is a fitting designation for what will be a truly unique oceanfront golf resort at Wyndansea. The Jack Nicklaus reputation is unsurpassed, and as one of only 25 developments in the world with this designation, Wyndansea will offer an unforgettable golf experience on the open Pacific of Canada’s West Coast."

About Marine Drive Properties (www.marinedriveproperties.com)

Marine Drive Properties Ltd. is a privately owned corporation focused on Resort and Residential Development. Ms. Loof-Koehler has been creating superior real estate developments in British Columbia interior and Vancouver Island since 1990. Her most recent projects are located on the West Coast of Vancouver Island in the Village of Ucluelet. Tauca Lea Resort and Spa, an 81-suite Strata Resort with Restaurant and Spa, and Marine Drive Properties’ 100-acre Oceanfront Resort Development, which includes a comprehensive strategy incorporating a 132-suite oceanfront hotel, residential, resort and vacation homes. Ms. Loof-Koehler’s background includes Landscape Architecture, Urban Planning and Design.

About Nicklaus Design (www.nicklaus.com)

For more than 35 years, the mission of the Nicklaus Companies has been to enhance the golf experience, and to bring to the national and international consumer golf-related businesses and services that mirror the high standards established in the career and life of Jack Nicklaus. These services include golf-course design, the development of golf and real estate communities, and the marketing and licensing of golf products and services. Nicklaus Design, recognized as the world leader in golf course design, has been involved with over 310 courses open for play in 29 countries and 38 states. Of those, Jack Nicklaus has designed, co-designed or re-designed 254 courses around the globe, more than 50 of which have been ranked in various national or international Top-100 lists. Nicklaus Design currently has over 50 courses under construction, as well as projects under development in 37 different countries.

Go to the Wyndansea Online Media Centre at: http://dhzmedia.ca/page375.htm for backgrounder, fact sheet, previous news releases and photography.

Contact:
dHz Media

Kristin Link

Tel: 403 229 9219

E-mail: kristin.link@dhzmedia.ca

Nicklaus Design/Nicklaus Companies

Scott Tolley

Director of Communications

11780 U.S. Highway #1, Suite 500

North Palm Beach, FL. 33408

Tel: 561-227-0300

Fax: 561-227-0351

E-mail: scott.tolley@nicklaus.com

www.nicklaus.com

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