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Astera Retreat Belize Development to Commence PreSales of Phase I

The Astera Retreat now fully financed its land acquisition and began pre-selling Phase I of the development.

The Retreat is located in Southern Belize and consists of 111 lots. It will serve as a second home, vacation property, investment property or permanent home of its tenants. Upon completion of preselling 65% of Phase I, the clearing work will begin (estimated mid to late 2008).

The Retreat will also operate (once tenants move in) a regular water taxi to and from Placencia as well as other towns, until road construction are completed.

Astera Real Estate also offers a special promotion to buyers and more information can be found at www.asteraretreat.com

It is expected that upon completion of infrastructure, Astera will have a permanent sales office on the property and will run permanent tours to the project.

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