Delaware Luxury Residential Development Unveils

Jack Nicklaus Signature Golf Course

MILLSBORO, Del. (May 3, 2006) -- The Peninsula on the Indian River Bay, Delaware’s first private gated, luxury residential golf resort, officially opened its Jack Nicklaus Signature Golf Course to its members last Friday, April 28, 2006.

Boasting 18 holes of championship golf hugging the pristine waterfront along Indian River Bay and Lingo Creek, the members-only, environmentally sensitive golf complex will run through each of the development’s nine neighborhoods. The state-of-the-art golf facility features a magnificent clubhouse and full-service amenities including a driving range, practice green, pro shop, cart storage, lounges, locker rooms and 19th Hole Grill.

The Peninsula has secured PGA professional Troy Flateau to oversee the Troon Golf managed course. As Director of Golf, Flateau will provide professional golf instruction and organize member events and programs.

The magnificent 30,000-square-foot clubhouse, scheduled to open later this year,
will boast luxury and comfort exemplified by gracious personal attention, fine dining
and an array of club activities. Membership in The Peninsula clubhouse will be available
only to home owners within the development.

The Jack Nicklaus Signature Course will have its official grand opening at the end of June, highlighted with a visit by Mr. Nicklaus.

The Peninsula on the Indian River Bay is Delaware’s first private gated, luxury residential golf resort, set on nearly 800 acres and surrounded by water on three sides. The centerpiece of The Peninsula will be Delaware’s first private Jack Nicklaus Signature Golf Course, managed by Troon Golf, scheduled to open in 2006. The heart of the community will be the Lakeside Village Center with casual dining, a gourmet market, as well as a host of facilities for the active-minded, including two pools, a wave lagoon with water slide, a state-of-the-art athletic club and spa, and a tennis center. When completed, The Peninsula will include more than 1,400 residential units ranging from luxury condominiums to custom homes. The developer is Peninsula at Longneck, LLC, a joint venture between Odyssey Development Group, McLean, VA, and L.M. Sandler & Sons, Inc., Virginia Beach, VA. To learn more about The Peninsula visit www.peninsuladelaware.com.

David Gautschy
Quinn & Co.
520 Eighth Ave., 21st Fl.
New York, NY 10018
T: 212.868.1900 x247
F: 212.465.0849
dgautschy@quinnandco.com
www.quinnandco.com