Ft. Myers, Fla. (May 15, 2002) - Paul Rondeau, director of sales and marketing for the Southwest Florida division of Centex Homes, has announced the appointment of Coral Hospitality as the management company for Crown Colony Golf & Country Club and Riverwood Golf & Country Club.

Coral Hospitality is a full-service hospitality management and investment company with a portfolio of hotels and country clubs in South Florida and the Caribbean. The company will be responsible for the complete operation and management, including staffing, financial reporting and food and beverage, of each community's clubhouse, golf course and other amenities.

"We are thrilled to bring our clubs' members and guests a management company with a commitment to excellence and assurance of quality, along with five-star management experience and a proven track record in providing first-class country club service," said Rondeau.

Crown Colony is a 400-acre Centex Homes master-planned community located just south of Summerlin Road on Winkler Road in South Fort Myers. In addition to distinctive single-family homes and carriage homes, the community includes an 18-hole, Ron Garl-designed golf course, golf training center, a clubhouse with formal and informal dining, activity center and four Har-Tru tennis courts.

Riverwood is a 1,300-acre Centex Homes community located on S.R. 776, four miles west of the Town Center Mall in Port Charlotte. Riverwood offers a variety of home styles including single-family homes, single-family estate homes, coach homes, twin villas and patio homes. Community amenities include a Gene Bates-designed, 18-hole golf course rated 4½ stars by Golf Digest magazine; a golf learning center, a high-tech practice facility; an 18-hole putting green; clubhouse with formal and informal dining; an activity center with a Junior Olympic-size pool and spa; four Har-Tru tennis courts; and more.

Centex Homes has been building homes and developing communities and/or neighborhoods in Southwest Florida since 1989. The firm's main office is located in North Naples at 5801 Pelican Bay Boulevard, Suite 600. For information call (239) 948-3510 or visit www.centexhomes-naples.com.