Press Release - Global

EAGLES NEST DEVELOPMENT Cortez, Colorado

Cortez, Colorado, - February 1, 2000--Eagles Nest Partnership, LLP is proud to announce the ground breaking of Eagles Nest Development and the opening of its web page at www.eaglesnestdev.com Located in Southwest Colorado, situated between Mesa Verde and Four Corners Monument, Cortez is the southwest gateway to Colorado.

Eagles Nest Development consists of forty-two residential parcels, ranging in size from 3 to 10 acres, with many verified Indian ruins sites, located at Goodman Point, just miles outside the city of Cortez, Colorado. The development is on County Road 18, a few miles from Highway 666. Lots afford 360 degree unfettered spectacular mountain views during the daytime and breathtaking city lights in the evening. The entire development rests above 7,000 feet overlooking the Cortez, Dolores, Mancos valley. Each lot includes architectural and interior design services, as well as being computer DSL ready.

The residential lots surround an 18-hole par 3 links golf course, scheduled to begin construction within days. Roads are currently being developed as this release is made. Phase I of the development, consisting of 13 prime lots, an equestrian center and storage facility is currently in its final stages of approvals with the County of Montezuma.

As part of our marketing effort, we continue to conduct both a free contest and a once in a lifetime promotional giveaway. Details regarding both are contained within our web page.

The CONTEST is a drawing for a complete set of Jack Nicklaus Golf Clubs. Details on our web page. You only need to enter the contest to be eligible to win.

The first drawing was June 15, 1999. Lucky number 1313 received the prize. The second drawing was October 31, 1999. Lucky number 5921 received the prize.

The JINGLE CONTEST prize is Lot #13 within the subdivision, 5.01 acres, currently valued at $62,625.00. Free Certificates of Entry will be given to those submitting a jingle. Lot #13 or a cash prize of $15,000 will be transferred free and clear to the validated winner. THERE ARE NO HIDDEN FEES OR STRINGS ATTACHED. YOU WILL BE THE OWNER OF THE LOT.

If you do not have access to a computer to view our web page or to enter the contest or promotion, please contact Michael Doane @ 661/835-7973.

Complete information about Eagles Nest Development, including pricing for all lots Phases I through V, and the Covenants, Conditions and Restrictions are available on our web page at www.eaglesnestdev.com.

The property is listed locally with Remax Mesa Verde Realty, Kenneth Williamson, realtor@eaglesnestdev.com.

The Internet Director for Eagles Nest Partnership, LLP. is Michael Doane, Webbadd, of Bakersfiled, California, internetdirector@eaglesnestdev.com.

Eagles Nest Partnership, LLP may be contacted at:

Phone 970/564-1044 Facsimile 970/564-1267 E-mail info@eaglesnestdev.com Address: 13001 County Road 18 Post Office Box 1563 Cortez, Colorado 81321