Press Release - Global (383 Words)

EAGLES NEST DEVELOPMENT Cortez, Colorado

Golf Course Construction

Cortez, Colorado, - January 30, 2001--Eagles Nest Partnership, LLP is proud to announce the construction of WedMont Golf Links at Eagles Nest Development.. Mass grading began in the summer of 2000 and continues into the winter months.

Under construction is WedMont Golf Links, an eighteen hole (18) par three links course, winding within Eagles Nest Development. It will be a very challenging test of golf for invited residents of Eagles Nest and their guests. Currently, there are no plans to open the course to the public

Residential lots surround the environmental golf course. Every attempt is being made to eliminate the use of any toxic chemicals in the treatment and growth of the course. The front nine has already been roughed in. Seeding and sodding is planned for the Spring of 2001.

The natural topography and landscape are being incorporated into the design of the golf course. This is also true as to the residential lots. Indigenous planting will be the keynote of the development.

Eagles Nest Development consists of forty-eight residential parcels, ranging in size from 3 to 7 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.

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, Joyce Lipari and 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 Email jeteagle@iwon.com Address: 13001 County Road 18 Post Office Box 1563 Cortez, Colorado 81321