Bluegreen Contracts with PrivateCommunities.com to Showcase Five Master-Planned Communities

Press Release: Private Communities
June 11, 2002
VERO BEACH, FL -- PrivateCommunities.com, an online showcase of master-planned communities, announced the addition of a fifth community by the Bluegreen Corporation (NYSE: BXG), a leading U.S. developer of golf communities and residential land.

"We've seen an exponential increase in the number of buyers who were first introduced to our lifestyle communities online," said Terry Jones, Senior Vice President of Bluegreen Land and Golf. "A specialty real estate site like PrivateCommunities.com offers our company an opportunity to reach serious buyers in diverse geographic markets."

"Comparing Bluegreen communities, Woodlake, located in Tazewell, Tennessee, generates the highest number of real estate inquiries from our site," said Marie Roberts, co-founder of PrivateCommunities.com. "Not far behind are The Preserve at Jordan Lake in Chapel Hill, North Carolina and Brickshire in Williamsburg, Virginia." Mystic Shores, a 7400-acre community in Texas, is the newest Bluegreen community on the site.

Established in 1996, PrivateCommunities.com currently represents more than 250,000 acres of prime real estate that includes more than 2,700 holes of championship golf. The firm's website is www.PrivateCommunities.com

SOURCE: Private Communities