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GRAND OPENING OF BERKELEY MODELS ANNOUNCED


BREA, CA - October 2, 2002 -- With sales already going strong, Berkeley by MBK Homes has announced that the town home community's model homes are now open to visitors. Conveniently located intown near so many desirable Brea destinations, Berkeley is a limited collection of 83 distinctive town homes presenting architecture with flair and floor plans that are livable and stylish.

"Berkeley has so much going for it," said Sandra Van Sickle, Neighborhood Sales Manager at Berkeley. "Not only are the floor plans extremely well designed and the prices very reasonable, but the entire neighborhood is situated at the heart of so much activity and it's so convenient to so many retail and entertainment spots. People just fall in love with Berkeley!"

Berkeley offers attached town homes with two to three bedrooms, two and one-half baths, two-car garages and approximately 1,204 to 1,385 square feet of living space. All homes will feature a great room, open kitchens and dining areas, spacious master bedrooms, loft space (per plan layout), and front porches. The neighborhood will also feature its own private pool and sun deck. Prices begin in the high $200,000s.

For those who are serious about purchasing at Berkeley, joining MBK Homes' Very Important Buyer (VIB) program is the first step. After completing a brief application, Very Important Buyers are placed on an exclusive Priority Registry and are given priority over the general public for all new phase releases.

Berkeley is conveniently located close to many desirable surrounding areas as well as being situated within the highly acclaimed Brea-Olinda School District in the city of Brea. Brea is a town with many recreational opportunities including three regional parks located in or adjacent to Brea, many neighborhood parks and playing fields and a community swimming pool. There are three public golf courses in the city. A 52,000 square foot Community Center offers a fitness center, gymnasium, dance studio, art center, youth activities, meeting and banquet rooms.

Shopping, dining, entertainment centers are well located in and around Brea. The recently renovated Brea Mall offers some of the best shopping in the region. It has nearly doubled its square footage and now boasts five major department stores and nearly 200 specialty shops. The new Brea Marketplace features an exciting array of restaurants, shops and entertaining venues including an Improv Comedy Club, movie theatres, both big and small specialty stores and much more.

There are a number of special events throughout the community such as Concerts in the Park during the summer, an Old Fashioned Country Fair on July 4th and other seasonal holiday celebrations.

Brea offers easy access to Los Angeles, Riverside and San Bernardino Counties and to several beaches, resorts and tourist attractions. Just 30 miles from downtown Los Angeles, Brea is easily reached by several freeways. The Orange (57) Freeway bisects Brea from north to south, offering easy access to the Riverside (91) Freeway to the south and Pomona (60) and San Bernardino (10) Freeways to the north.

With its keen attention to detail, MBK Homes Ltd. is dedicated to delivering superior craftsmanship in every home it builds. 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: Heritage and Traditions at The Oaks in Murrieta, Wisteria in The Corona Valley, Saratoga at Hillcrest in Castaic, Berkeley in Brea, Inverness at Vista Del Verde in Yorba Linda, SylvanOaks in Ladera Ranch, San Abella at Westridge Valencia, Serrano in Rancho Cucamonga and Altoliva in the Valencia area. For more information on any of these communities, please call (888) 943-HOMES or visit the company's website at www.mbkhomes.com.

To visit Berkeley exit Lambert from the 57 Fwy. and go west. Continue on Lambert until the first stoplight, State College Boulevard, and turn right. Follow State College Boulevard to Brea Boulevard. State College Boulevard turns in Central Avenue. Berkeley is located on the southwest corner of Brea Boulevard and Central Avenue. For more information, call (714) 672-0222.

Posted on October, 2nd 2002

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