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MODEL HOMES ARE TAKING SHAPE AT
MBK'S SERRANO IN RANCHO CUCAMONGA


RANCHO CUCAMONGA, CA - (April 18, 2002) Model homes are now taking shape as construction begins at Serrano at Rancho Etiwanda, a new neighborhood by MBK Homes. Tentatively scheduled to open for preview early this summer, prospective homebuyers are invited to join the Serrano interest list by calling (949) 943-HOMES.

MBK Homes will present a total of four floorplan designs measuring approximately 2,862 to 3,787 square feet in size. They will feature up to five bedrooms, three baths, four-car tandem garages and an abundance of popular amenities. All homes will include gourmet kitchens with spacious center islands and ample breakfast nooks as well as formal living and dining areas. Prices are expected to begin in the low $300,000s.

MBK Homes has worked closely with the noted architectural firm, KTGY Group to bring buyers an eclectic mix of architectural designs. Styles include Ranch, Country, Bungalow, Santa Barbara and San Juan, and each will embody authentic detailing true to its theme.

To ensure a warm and diverse street scene, the homes will feature unique characteristics like deep front porches, wrap-around porches and side entryways that vary per plan.

"We're excited to see everything progressing nicely at Serrano," remarked Tim Kane, Vice President of Sales and Marketing for MBK Homes. "Prospective buyers will soon be able to experience first hand Serrano's value, convenient location and diverse designs and amenities."

Serrano's model grand opening is anticipated to take place this summer in late July or early August. Interest list members will be among the first invited to tour the professionally furnished model homes in celebration of the grand opening. For more information about Serrano or to become a member of the Serrano interest list please call (888) 943-HOMES (888-943-4663).

Plan One, Primrose, will measure approximately 2,862 square feet in size. This home will feature three bedrooms, two baths and powder room, den, loft and three-car attached garage. Options will include fourth bedroom and fifth bedroom with full bath.

Plan Two, Larkspur, will be available with two different entry variations: a front entry and a side entry. Measuring approximately 3,156 square feet in size, this home will feature three bedrooms, two baths and powder room, den, loft and three-car attached garage. Options include fourth bedroom with full bath, fifth bedroom and master retreat.

Plan Three, Heliotrope, will encompass approximately 3,227 square feet of space and will feature three bedrooms, two baths and powder room, den, loft and three-car attached garage. Options will include fourth bedroom and fifth bedroom with full bath.

Plan Four, Stellaria, will be Serrano's largest home measuring approximately 3,787 square feet in size. It will feature four bedrooms, two baths and powder room, den, loft and four-car tandem garage. Available option will include a fifth bedroom with full bath, fifth bedroom suite with full bath, sixth bedroom and super family room.

Serrano at Rancho Etiwanda will be located in the city of Rancho Cucamonga. Recently rated the eleventh safest city in the United States by Money Magazine, Rancho Cucamonga will offer Serrano residents convenient access to the Ontario Airport, the Ontario Mills shopping mall, local wineries, the California Speedway and some of the best schools in the Inland Empire.

Future Serrano homeowners will enjoy a shorter commute to Pasadena and other cities in the San Gabriel Valley area with the new expansion of the 30 Freeway. Access to the new freeway is minutes from Serrano.

With its keen attention to detail, MBK Homes Ltd. is dedicated to delivering superior craftsmanship in every home it builds. MBK chooses its locations carefully, building its neighborhoods in family-oriented communities within well-respected school districts. Strengthened by the reputation and financial stability of its' parent company, Mitsui & Co., Ltd., MBK Homes is committed to providing its customers with the best value their homebuying dollar can buy and to building homes to last a lifetime.

MBK Homes continues to expand its homebuilding activities in some of Southern California's most desirable locations. MBK neighborhoods include: Wisteria in The Corona Valley, Saratoga at Hillcrest in Castaic, Heritage and Traditions at The Oaks in Murrieta and HighPointe at Eagle Glen. Coming soon: Westridge at Valencia in the Santa Clarita Valley, Berkeley in Brea and Inverness at Vista Del Verde in Yorba Linda. For more information on any of these communities, please call (888) 943-HOMES or visit the company's website at www.mbkhomes.com.



Posted on April, 18th 2002

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