FACTS ABOUT ALLURE HISTORY Allure Hotels and Resorts, established in November 2002 with offices in Miami and the Dominican Republic, is a joint venture specializing in the management and marketing of global resorts properties. The company is comprised of The Management Group headed by Alberto del Pino, founder and former chairman of the board of Allegro Resorts Corporation; Benny Guevara, founder and former chief executive officer of Allegro Resorts; and George Spence, former vice president of corporate development for Occidental Hotels & Resorts and former Vice President and CFO of Allegro Resorts. Sammons Enterprises, Inc. and Eiger Partners, L.P. collaborate with The Management Group as equity partners in the venture. THE PRODUCT Allure Hotels and Resorts will re-brand the all-inclusive model with a direct focus on serving the upscale North American market. The management company delivers new initiatives in management, sales and marketing to hotel owners and tailors an all-inclusive resort style that delivers a unique tourism product of uncompromising luxury. Filling the void in the marketplace for a management company with experience in administering profitable operations, Allure Hotels & Resorts is able to tap meaningful partnerships and access investor and capital pools to re-classify the all-inclusive model for the fashionable North American traveler. SERVICE CULTURE The service culture of the resorts is imported from Asia, noted for its renowned practice of service standards. The fusion of Asian ancient service traditions with the principal elements of Mexican and Caribbean hospitality, combine to create a superior level of customer care. TARGET LOCATIONS Mexico Dominican Republic Jamaica Aruba Turks and CaicosB Bahamas PRINCIPALS Management Group Albert del Pino - Alberto del Pino is CEO and has more than twenty years experience in managing and marketing hotels throughout the Caribbean. The former chairman of the board and founder of Allegro Resorts Corporation has held executive positions in the resort hotel industry including tenure at Rock Resorts International, Regent International, Gulf & Western Hotels, Jack Tar Villages and Resorts and AMHSA Hotels. He has received numerous industry awards and was nominated for "Hotelier of the World" award by Hotels Magazine in 2000. Del Pino also serves as tourism advisor to the president of the Dominican Republic. Benny Guevara - Benny Guevara serves as president of The Management Group and has more than twenty years of experience in managing and marketing resorts throughout the Caribbean. Guevara, the former chief executive officer of Allegro Resorts, has held executive positions at Regent International, Jack Tar Villages and Resorts and AMHSA Hotels. He has been recognized as one of the 25 most influential executives in the travel industry in 1999 by TTG North American magazine. George Spence George Spence serves as Vice President of Finance and Development and has more than twenty years of experience in the Caribbean and Latin America in the resort sector and finance and insurance industries. Spence, formerly vice president of corporate development for Occidental Hotels & Resorts, also served as Vice President and CFO of Allegro Resorts. He is a frequent speaker at Hotel Industry Conferences on the Caribbean hotel industry and the valuation and financing of hotels. Equity Partners Sammons Enterprises, Inc. - Sammons Enterprises, Inc. is a multi-faceted holding company that owns and operates a diversified portfolio of investments, which range from life insurance to bottled water companies. Headquartered in Dallas, Texas, with more 3,000 employees nationwide and assets in excess of $15 billion, Sammons ranks among the nation's largest privately owned companies. Eiger Partners L.P. - Eiger Partners L.P. has assets in excess of $1.5 billion under management with the Eiger Fund II, which invests in real estate assets, real estate companies, and real estate debt and equity securities. The fund principals include several individuals as well as the Rosewood Property Company, a wholly-owned subsidiary of The Rosewood Corporation, a diversified investment company and an entity affiliated with Sammons Enterprises, Inc. In addition to the principals of Rosewood and Sammons, other high net worth individuals, families and public and private corporations are investors in the fund. Media Contacts Lisa Ross / lisa.ross@rbbpr.com / 305-448-7457 Stephanie Bercuson / stephanie.bercuson@rbbpr.com / 305-448-7450 ext.155 Chad Cohen / chad.cohen@rbbpr.com / 305-448-7450 ext. 149 rbb Public Relations / 355 Alhambra Circle, Suite 800 / Coral Gables, FL 33134