NEWS RELEASE–November 24, 2003

THE BALL GROUP ANNOUNCES SELL-OUT OF VALENCIA AT ABACOA®, WILL HANDLE RE-SALES OF AVAILABLE HOMES

Its official, The Ball Group sold the last new home at Valencia at Abacoa®, just 20 months from the onset of sales! A total of 137 homes were sold at an average price approaching $650,000. The highest sale recorded was $1.2 million. "A terrific location, great builders, and the consumer demand for a high quality custom home product in Abacoa® were all reasons for the overwhelming success of Valencia," cited Allen Ball, president of The Ball Group Inc. "These factors will continue to make Valencia at Abacoa® one of Jupiter's most desirable places to live, and we hope to become the premier source for re-sales within Valencia."

For a list of homes now available in Valencia at Abacoa®, contact The Ball Group at (561) 758-0008 or search "Homes Available" on www.valenciaatabacoa.com

Jupiter, FL-Frankel Enterprises, the developer of Admirals Cove in Jupiter and Paone Homes of Philadelphia have purchased 57 acres within Abacoa to create the community's first neighborhood of custom single-family estate homes.

Valencia at Abaco® a includes 137 custom homes built in the Mizner Mediterranean architectural style by Frankel-Paone Homes, Issa Homes, DelCrest Homes and The Spear Group. Each of these builders have backgrounds in creating luxury homes in Broward and Palm Beach Counties. Neighborhood amenities include "The Village Green", a neighborhood community activities and fitness center, pool and cabana.

One and two-story residences offer front porches and back entry garages in keeping with the Abacoa® community vision of a warm and pedestrian friendly village. Lakes, nature preserves and green belts will surround the neighborhood. Jupiter Middle School, Lighthouse Elementary and the FAU North County Campus are within walking distance from Valencia at Abacoa®. The Abacoa Town Center and the beaches and parks of the Northern Palm Beaches are all nearby.

Valencia at Abacoa® Mediterranean-styled, custom homes feature such "Old World" architectural features as iron gates and arched doorways. Terra cotta tiled roofs of multiple pitches and trellises draped with bright bougainvillea provide color and interest. Artistic details in the stucco exteriors tell a story of quality and detail.

Inside each home, high ceilings, curved Moorish style windows and open loggias capture cool tropical breezes. Balconies will provide extended vistas. Each residence has been designed to take advantage of relaxed indoor/outdoor Florida living. Front elevations mirror the romance and detail found in West Palm's historic El Cid neighborhood. Custom homes range in price from the mid-$300's to over $700,000. Home plans feature from 2,600 to over 5,000 square feet of air-conditioned space with luxury interior detailing and appointments.

A sales and information center is open daily on Frederick Small Road between Military Trail and Central Boulevard in Jupiter. For more information, contact W. Allen Ball, Licensed RE Broker at 758-0008.