VEGAS 888 / PROJECT CANCELLED AS OF DATE

12,000 sq ft spa Residents private lounge. Concierge. Housekeeping. Valet parking. Room service. Butler service. Two acre pool area. Pool side cabanas. Lagoon pool w/beach entry. Pool level bar. World class restaurant

Vegas 888 condominiums range in size from 803 to 3,395 square feet. Units feature open floor plans and quality interior furnishings. The two story lofts range in size from 1,997 to 4,939 square feet and include glass staircases and 20 ' ceilings. Penthouse Lofts, Sky Villas and High-Life Suites ranging from 800 to more than 8,000 square feet of living space. Prices start at $750,000 to over $10 million.

The Vegas 888's "Blue Glove" services include butler service, housekeeping, concierge, room service and valet parking. The private lounge, spa and nightclub are located on the 35th floor overlooking the strip.

LAS VEGAS (October 28, 2005) - Del American, a nationally recognized and award-winning developer of multifamily communities, announced today that it is launching V E G A S 8 8 8, The Ultimate Luxury Resort Condominium Residences. V E G A S 8 8 8 is a 50-story tower located between the Las Vegas Strip and the very hip Palms Resort Casino at Flamingo Road and Hugh Hefner Drive, in Las Vegas, Nevada. Be first on our exclusive VIP reservation list to live among the stars within 50 levels of spectacular Pacific-blue glass in one-, two- or threebedroom Penthouse Lofts, Sky Villas and High-Life Suites ranging from 800 to more than 8,000 square feet of living space with astonishing Las Vegas Strip views that will amaze you. Incredible vision was embraced for V E G A S 8 8 8 by Del American and its award-winning architectural team, to create three original interior design styles: Tech Italia ®, Trada Eleganta ® and Pacifica Exotica ® with lavish finishes from Snaidero, Vitraform, Miele, Wolf, Sub-Zero, Poliform, Dornbracht, Lutron, Raydoor and Toto. Sumptuous Spa Baths®, steam rooms, soaring 20-foot floor-to-ceiling glass, stone to wood flooring, private balconies, granite to stainless steel counter tops and sleek glass stairs will tantalize your senses. The intimate world-class luxuries of V E G A S 8 8 8 will astound you. Splash into the exotic edgeless pools and spas then unwind in your private multi-level poolside Villas with rooftop hot tubs and outdoor rain showers. Reserve three-room Bungalows or Cabanas with private patios for a party at the pool. Thirty-five levels above the Strip, you can indulge at Spa 35®, your 12,000-square-foot, multi-level and full-service resort spa and expose your inhibitions at The Riviera Hot Spot ®, a private European sunbathing oasis, while cooling off in the plunge pools or under the outdoor rain showers. After an exotic dining experience at V E G A S 8 8 8's signature restaurant you will party close to stars with your membership to The Whale Club®, V E G A S 8 8 8's exclusive Strip-view night club. V E G A S 8 8 8, The Ultimate Luxury Resort Condominium Residences, will be operated by a 5-star resort staff who will offer residents and their guests the ultimate in personalized services 24 hours a day. Our V E G A S 8 8 8 Blue Glove Service® will encompass Private Butlers, Concierges, Doormen, Bellmen, Valets, Housekeepers, Spa and Pool Attendants and Dining Staff whose sole mission is to anticipate and fulfill your every desire. About Del American Del American is proud to be one of the nation's top developers of multifamily communities. Based in Altamonte Springs, a northern suburb of Orlando, Florida, the company employs more than 60 people and has developed, over the past 25 years, award-winning properties across the United States. It is currently constructing the first phase of Vegas Grand, a $650 million, 994 residential Italian village located a mile east of the world-famous Las Vegas Strip, in Las Vegas, Nevada. The company has more than $1.5 billion in development volume and upon completion of its developments in Las Vegas; it will have built more than 10,000 luxury multifamily residences throughout the United States.