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ZURICH SERVICES CORPORATION AWARDS ITS SECOND-HIGHEST SCORE TO MBK HOMES


IRVINE, CA - Reflecting the exceptional levels of quality and customer service that home buyers receive from MBK Homes, Zurich Services Corporation has awarded the Irvine-based builder the second-highest score in the history of its residential risk management analyses.

MBK Homes received an overall rating of 9.11 out of a possible 10.00 points in the analysis, which covered a wide range of issues, including quality assurance, safety management, and warranty/customer service management. MBK achieved a perfect 10.00 score in the all-important warranty/customer service category.

In reporting the results of their audit, Zurich's consultants stated, "MBK Homes is starting to set the standards by which others should be measured. They have a strong dedicated commitment to building relationships with their customers while at the same time putting forth every effort to deliver the best quality product available."

Regarding customer service, the report applauded MBK Homes for its "proactive approach to warranty issues. Upon receipt of a written request from the homeowner, an in- house warranty coordinator logs in the request. A response is made within 24 hours. MBK Homes tries to have all warranty issues completed within a 14-day period. The in-house coordinator tracks issues until completed and signed off. MBK Homes honors and responds to warranty requests regardless of the age of the home. The approach taken by MBK Homes is to build a quality product and take care of the homeowner by any means necessary."

Michael Schmidt, MBK's Vice President of Operations, commented, "The Zurich report confirms that we do what we say we do in every aspect of our business. I am very proud of our team, managers, and field staff who have helped us achieve this exceptionally high rating, and I am extremely pleased by the message that it sends to our home buyers. It confirms that our customers can expect the best possible experience when they purchase an MBK home."

That experience awaits buyers at 9 distinctive MBK communities throughout Southern California:

Ravello in Whittier features stylish townhomes adjacent to the shops and restaurants of Whittwood Town Center. Ravello's innovative tri-level designs offer exceptional spaciousness ranging from approximately 1,644 to 1,838 square feet, including three to four bedrooms and two and one-half to four baths, and a rear-access two-car garage adjoins every home. Prices start from the high $400,000s, and a private swimming pool and spa add to Ravello's appeal.

Celamonte is a unique enclave of distinctive attached townhomes in the prestigious city of Chino Hills. Four two- and three-story floorplans measure approximately 1,042 to 1,520 square feet, including two to three bedrooms and two to three and one-half baths. Celamonte's own swimming pool, spa and outdoor fireplace will enhance residents' carefree lifestyles. Prices start in the low $300,000s.

At Eton at College Park in Chino, grand-scale one- and two-story single-family homes span approximately 3,964 to 4,670 square feet. Encompassing as many as five bedrooms and four and one-half baths plus a three- or four-car garage, the homes also feature private courtyards that set the scene for indoor/outdoor living and entertaining. Prices range from the low $700,000s.

Setting the scene for luxury living in Yorba Linda's master-planned golf course community of Vista Del Verde, Greenbrier presents three magnificent two-story floorplans that are designed to enhance today's family lifestyles. Spacious living areas spanning approximately 2,684 to 3,283 square feet encompass three to five bedrooms and two and one-half to four and one-half baths, and prices start in the high $900,000s.

Tremont at Serrano Heights in Orange is a gated neighborhood of luxury townhomes tucked away in a private hillside enclave above prestigious Villa Park. Stylish two-story floorplans range from approximately 1,613 to 1,740 square feet, including two to three bedrooms and two and one-half baths plus a two-car garage. Prices begin in the low $500,000s, and only the beautifully decorated models are left for purchase.

Just north of Corona, Foxborough and Rivermist combine to offer an exceptional selection of distinctive family homes in an ideal location. At Rivermist, family-sized residences measuring approximately 2,657 to 3,925 square feet, including up to six bedrooms and three to four baths, are priced from the mid $400,000s. Foxborough reaches impressive heights of luxury and spaciousness with two-story floorplans spanning approximately 4,055 to 4,745 square feet, including five to six bedrooms and four and one-half baths. Prices start from the high $500,000s.

In Riverside, MBK is offering the gated neighborhood of Somervale II, where only a few more single-family detached residences are uniquely attainable. Starting in the low $300,000s, the homes measure approximately 1,627 to 1,957 square feet with three to four bedrooms and two and one-half baths.

Medallion at Fairway Canyon in Beaumont offers an unbeatable value in golf course living with spacious two-story homes priced from the high $200,000s. Living areas ranging from approximately 2,206 to 2,773 square feet encompass three to six bedrooms and three baths.

MBK Homes Ltd. combines a lasting tradition of fine homebuilding and real estate development expertise with the financial stability of one of the world's oldest and largest companies, Mitsui & Co., Ltd. MBK's corporate culture blends the honor and pride of Japanese tradition with the passion and ingenuity of American know-how, and each community is the result of extensive research and professional experience, reflecting MBK Homes' unwavering commitment to complete customer satisfaction.

Mitsui USA's parent company, Mitsui & Co., Ltd., Japan, is one of the world's most diversified and comprehensive trading, investment, and service enterprises. Headquartered in Tokyo, Mitsui & Co. maintains a global network of 172 offices in 72 countries, and has 582 subsidiaries and associated companies worldwide.

Complete information on MBK Homes and its award-winning communities is available by visiting the company's newly designed website at www.mbkhomes.com.

Posted on April, 12th 2008

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