MEXICO CITY, Mexico - March 8, 2004 - Today Contact Development Corporation (CDC), headquartered in San Francisco, CA, with its Latin American headquarters in Mexico City, announced that its President, Brett Ellsworth, who is Co-Chairman for the Urban Land Institute (ULI) Mexico District Council, has been invited to join the prestigious ULI Recreational Development Council. High level executives of the world's leading resort and recreational development companies are represented as members of the Recreational Council and Mr. Ellsworth is honored to have been extended this invitation.

Ellsworth Shares his Experience
Mr. Ellsworth has been President of Contact Development Corporation since 1997 and has been involved in numerous successful resort development projects both in Mexico and the United States. Mr. Ellsworth has been an active ULI Member since 1991, and has spoken at several ULI Conferences over the years, on topics such as "Mexico: Development and Investment Trends" at the Urban Land Institute's Fall Meeting at the Venetian Hotel in Las Vegas, Nevada, in November 2002, and "Latin American Projects and Issues: Punta Mita" at the Urban Land Institute's Latin America Conference on Opportunities in Real Estate Investment and Development at the Miami Beach Convention Center, Miami, Florida, in May 2000. Mr. Ellsworth has also published numerous articles regarding real estate development and investment in Mexican and the U.S., such as "Full Circle: Mexico's Tourism Industry has Come Full Circle", published in the August 2001 issue of Urban Land Magazine, the monthly real estate magazine published by the ULI.

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For more information about Brett Ellsworth and CDC, press only:
Kevin Roberts, Vice President & Counsel
415-921-6318
kroberts@cdcglobal.com

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