CAYMAN ISLANDS REALTY NEWS RELEASE

Media Inquiries: Jerry Arnold
Coldwell Banker Cayman Islands Realty
345-623-4411
jerry@cirealty.ky

COLDWELL BANKER – CAYMAN ISLANDS REALTY

BEGINS PROPERTY MANAGEMENT COMPANY

Grand Cayman, Cayman Islands (October 23, 2007) — Coldwell Banker Cayman Islands Realty is pleased to announce their expansion into Residential, Commercial Leasing and Property Management.

Coldwell Banker is very pleased to start this brand new initiative as it will give another level of service excellence to our existing clientele and potentially new clients.

After careful reflection, J.C. Calhoun Senior Broker, decided the timing is right for this expansion of service.

J.C. Calhoun is very pleased to announce that Ann Marie Powell will manage the Property Management division. Ann Marie has 12 years of Property Management experience and is happy to advance her career with such a well regarded company.

When asked, J.C. said “Ann Marie is the caliber of person we were looking for to launch operations for this new division. We are very pleased to have her on board. We believe Ann Marie has the dedication and expertise that is necessary to make this venture successful” Ann Marie can be reached on her mobile, (345)526–RENT (7368) or via email at: annmarie@cirealty.ky

Coldwell Banker Cayman Islands Realty has been one of the island's top producing brokerages for more than 20 years and is part of Coldwell Banker Islands Affiliates which has 33 offices throughout the Caribbean with 170 agents. You can reach their main office in Grand Cayman at (345)623-4411 or visit their web site at www.caymanislandsrealty.com.

About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier full-service real estate provider. In 2006, Franchise Times magazine’s prestigious Top 200 issue ranked the Coldwell Banker system number one in real estate for the seventh straight year and number eight among all franchisors. The Coldwell Banker System has approximately 3,800 residential real estate offices and more than 120,000 sales associates in 41 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury properties through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge® Service Program and award-winning Web site, HYPERLINK www.coldwellbanker.com www.coldwellbanker.com. Coldwell Banker Real Estate Corporation is a subsidiary of Realogy Corporation, the world’s largest real estate franchisor. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. Each office is independently owned and operated.