Yellowstone Club World Closes on Landmark Purchase in St. Andrews, Fife, Scotland -- the Legendary Birthplace of Golf; Promising a Stunning Addition to Its Portfolio of Destinations, Worthy of This Historic Location.

BEVERLY HILLS, Calif. -- Yellowstone Club World (YCW), the world's foremost private club providing its members with exclusive access to an array of truly one-of-a-kind experiences in some of the most exclusive and coveted destinations around the globe, announced today its purchase of approximately 265 acres in St. Andrews, Fife, Scotland.

The site, which features an unobstructed view of the Bay of St. Andrews and the historic town of St. Andrews, will be the location for Yellowstone Club World St. Andrews. The private golf club will feature a main stone clubhouse and lodge featuring up to forty 2-bedroom luxuriously appointed suites, a championship 18-hole Scottish-style golf course designed by 1973 British Open champion Tom Weiskopf, a complete practice area, including chipping, pitching and putting greens. Construction on the approved plans for the golf course will commence in the fall of 2006 and is scheduled for completion in 2008.

"This is a significant purchase for YCW and the plans for this site promise a stunning addition to YCW's portfolio of destinations for our Members -- one truly worthy of this legendary location," said Tim Blixseth, co-founder and owner of YCW.

"Our Members are avid golfers and it was our goal to offer this destination to them, knowing that it is indeed a golfer's paradise," added Edra Blixseth, co-founder and owner of YCW.

"The opportunity to design a golf course in St. Andrews is a golf course designer's ultimate dream and as a former Open Champion, this is especially true for me. My goal with this course is to create a look that is deep in traditional Scottish style, with perhaps a sod walled bunker or two and when completed, will look like it has been here for hundreds of years!" shared Tom Weiskopf.

The site is located in St. Andrews, a town famed the world over as the legendary birthplace of golf, where it was first played on the St. Andrews Links course in 1400 A.D. Nearby attractions include the ruins of the castle of the Archbishops of St. Andrews dating in part from the 13th century, remains of the historic St. Andrews Cathedral -- the largest cathedral in Scotland, the surrounding towns and picturesque villages of Fife, steeped in Scottish history and the Kingdom's rich architectural heritage, quaint fishing villages in East Neuk, St. Andrews Bay featuring a sweeping coastline of river estuaries, sandy shores and dramatic cliffs, art galleries, museums as well as the British Golf Museum.

"When ready in 2008, Yellowstone Club World St. Andrews will definitely be one of the world's foremost private golf-clubs, set in the world's most acclaimed golf destination," said Dieter Huckestein, President & CEO of YCW. "And with such diverse yet equally fascinating destinations as our fully restored 14th century chateau located just outside Paris, luxurious Palapa-style bungalows on a private stretch of Mexico's Pacific coastline, an expansive estate on a private island in Turks & Caicos, an authentic dude ranch in Wyoming, plus an exquisite golf and spa resort in a private enclave of Palm Springs; YCW Members will without a doubt enjoy our portfolio of destinations along with the unparalleled amenities and services featured at our destinations."

Note to editors:

Drawing its heritage from the Yellowstone Club in Montana, the world's only private ski and golf community, Yellowstone Club World (YCW) is a private Club that affords its members access to luxuriously appointed one-of-a-kind properties in some of the most beautiful, legendary and exotic vacation locations worldwide. YCW also offers its members and the opportunity to socialize in unique events and seasonal parties organized throughout the year at YCW locations worldwide. Membership includes the services of a dedicated concierge team who will assist with travel reservations and personal requests for dining, entertainment and activities at YCW destinations, and who are committed to providing the best possible travel experiences for all Club Members. Included (and planned) among the coveted destinations for YCW are an expansive 700 year old Chateau on a 1,125 acre estate located just outside Paris; luxurious beachfront casitas nestled along two miles of pristine, sugar-sand beaches flanked by a private, David Fleming-designed championship golf course set within a 2,040-acre nature reserve on Mexico's breathtaking Pacific Coast; over 2,200 ski-able acres on two mountains featuring over 60 ski trails with 12 ski-lifts and a championship 18-hole golf course in Montana, USA. YCW properties currently under development include an sprawling estate on a private island in Turks and Caicos; an authentic dude ranch situated on 3,248 acres in the heart of Buffalo Bill country in Wyoming, USA; a 647-acre enclave in Palm Springs, California, USA featuring an 18-hole golf course designed by Tom Weiskopf, a world-class spa, an equestrian center and a lake for water sports, plus a golf club adjacent to historic St. Andrews, the birthplace of golf, featuring a stone clubhouse and lodge with up to forty 2-bedroom luxuriously-appointed suites. Club members also have access to YCW's fleet of luxurious yachts and private jets. Membership fees for YCW start at USD$3 million. For membership information, please contact 1-877-YCW-7700 or visit www.yellowstoneclubworld.com.