Press Release

During the last few years, many property pundits have been speculating as to the type of residential development that would take
place in the beautiful fishing village of Bang Saray. With the unveiling of Talay Sawan (Talay Sawan as it is known in English) a 30 luxury five star Villa development adjacent to the ocean in the heart of the village, many of these questions have now been
answered. With the first of the show Villas already complete, Talay Sawan is certainly one of the highest class projects to be seen
on the Eastern Seaboard to date.

John Sheehan, the Managing Director of the development company explained, "When the land was acquired we were
determined to raise the standards for luxury living. With one of the top locations in Bang Saray adjacent to the ocean we planned
to provide our Villa owners with the ultimate in luxury living at an affordable price." He added “Having analysed the Eastern
Seaboard residential market in detail we felt that there was a need for something special. We looked to the top resort area of
Phuket and employed one of the top designers in the form of Damask International to design something special with very high
specifications and then turned to Phuket Taksin Construction Company to come to Bang Saray and construct the entire
development."

Due to the unspoilt nature of Bang Saray, exemplified by its beautiful white beaches, it was decided to develop Thai style Villas
built to European standards and to include a 10 year structural guarantee (a first in this area) because of the quality of design and
materials being used. Each Villa now includes its own swimming pool, Jacuzzi, while others also incorporate Sauna’s and Maids
quarters.
 

To date the entire infrastructure and landscape areas are complete and six Villas ranging in size from 300 sq mtrs to 900 sq mtrs, decorated and fully furnished are well under construction - all prior to the launching of the project - thus showing major confidence in the market in general and this project in particular.

A walk around the show Villa demonstrates that the results are clear for everyone to see,
with the lasting memory being of deep rich Macca wood floors, vaulted Macca ceilings and
large living areas set off amidst mature lush tropical landscaping.

Clayton Wade, Managing Director of Premier Homes the sole and exclusive agent for the project, confirmed what a visitor to the site will see, " an exciting development, literally only metres from the ocean’ s edge. The designs and the construction quality are second to none with the outdoor and indoor living areas seamlessly meeting each other. With the infrastructure complete and already six luxury Villas close to completion we are looking forward to achieving more early sales with prices starting at 18 million baht. We are also looking forward to the second Talay Sawan development which will be launched later this year not very far away from here."

The Talay Sawan development, has now opened its doors for viewing for the first
time.………… clearly the secret's out!

12th March 2007
Notes to the Editor

• The Talay Sawan luxury Villa development is owned and funded by a Thai/Irish joint venture which is spearheaded by two
prominent Irish Developers with a wealth of Commercial and Residential development.

• For more information about any aspect of the Talay Sawan Development, please contact John H.S. Nuyten of Premier Homes
at 038231931 or 0870217014or by e-mail premier@loxinfo.co.th
   Premier Homes Real Estate Co., Ltd.
   Premier Building, 240/21 Jomtien Beach Road, Moo 12, Nongprue,
   Banglamung, Pattaya City, Chonburi 20150, Thailand.
   Tel. 0066-(0)38231931 Fax. 0066-(0)38231519
   E-mail : premier@loxinfo.co.th