ONE 15 Marina Club Opens In Style Festival La Mer, the inaugural European waterfront lifestyle festival kicks off festivities

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FOR IMMEDIATE RELEASE Singapore, 29 September 2007 Media Release ONE 15 Marina Club Opens In Style Festival La Mer, the inaugural European waterfront lifestyle festival kicks off festivities 1. On Saturday, 29 September 2007, ONE 15 Marina Club Asia s finest marina and luxury lifestyle club celebrates its Grand Opening with the inaugural Festival La Mer, a two-day European showcase of luxury waterfront living. This weekend of festivities has something for everyone - on-water boat displays; live world music entertainment; European cuisine, as well as fashion shows by La Perla and an upmarket outdoor bazaar. 2. With Asia fast becoming the new lifestyle destination choice for the international jetset, Mr. Arthur Tay, Chairman of ONE 15 Marina Club says, ONE 15 Marina Club is more than a world-class marina for the world s most beautiful super-yachts and mega-yachts. World-class festivities, like Festival La Mer, are just the first of many attractions for the connoisseurs of the luxury waterfront lifestyle to Singapore. 3. While Singapore prepares to host Formula 1, the Club has made a bid to host one of the most important international yacht racing events in late 2008 early 2009. Bidding to host this major international sailing event is but one part of ONE 15 s efforts to ramp up its vision to establish Singapore as the region s luxury nautical lifestyle hub. 4. On the international scene, boat sales are increasing along with the length of boats being sold. This is also evident right here in Singapore with the past successes of Boat Asia shows held at ONE 15. Page 1 of 5

5. Named after its strategic location - one degree 15 minutes north of the Equator in nautical terms - ONE 15 Marina Club combines world-class marina facilities and amenities, with undisturbed and breathtaking sea views. Pitching itself as the Monaco of the East, ONE 15 Marina Club is one of the world s most well-integrated waterfront lifestyle communities. 6. ONE 15 Marina Club has recently been awarded the FIVE Gold Anchor Award, conferred by The Yacht Harbour Association on marinas that provide excellent facilities and adheres to the highest international standards. The Five Gold Anchor Award is the highest accolade given to a marina, much like a Five-Star International Hotel rating and is determined, following an independent assessment of the shortlisted marina s facilities, management systems and customer service. 7. Nestled within the exclusive Sentosa Cove enclave, ONE 15 Marina Club is part of an emerging, upscale and exclusive neighbourhood that features high-end residential developments, including waterfront villas and condominiums. These developments are set against the backdrop of exciting leisure and lifestyle developments such as VivoCity - Singapore s largest waterfront retail and lifestyle destination - and the Singapore Cruise Centre. Topping of this evolving landscape will be Resorts World, Singapore s second Integrated Resort, slated to open in the year 2010. 8. Conveniently located just 10 minutes away from the Central Business District of Singapore, the ONE 15 Marina Club development spans 142,000 sq m, including a water-site. By 2008, it will have a total of 270 berths, including 13 purpose-built Mediterranean mooring berths for mega-yachts up to 80 metres in length. 9. Membership is capped at 4,000 members. As of Saturday, 29 September 2007, ONE 15 Marina Club has close to 3,000 members. Individual membership entrance fee, currently priced at S$38,888, will be increased to S$43,888, with effect from Monday, 1 October 2007. This is the eighth increase in membership entrance fee, since April 2005 when the membership drive first launched. Page 2 of 5

For more information, please contact: ONE 15 Marina Club Vivien Teo Marketing Manager DID: +65 6309 2452 Mobile: +65 9873 5073 Email: vivien.teo@one15marina.com Ong Fei Fei Senior Marcoms Executive DID: +65 6309 2453 Email: feifeiong@one15marina.com NOTES TO EDITOR With its unique charm, beautiful waterfront setting and convenient proximity to the city, it is hard to deny the attractiveness of ONE 15 Marina Club. Here are some highlights: Milestones 7 April 2005 Official Launch of Membership Drive 23 Jul 2005 Groundbreaking Ceremony 30 Sep 2005 Phase 1 of the marina is completed. First 130 out of 204 berths, including 10 purpose-built for mega-yachts are ready, two years ahead of schedule. 14 Nov 2005 Entrance fee for individual membership increases from S$23,888 to $26,888 1 Jun 2006 Entrance fee for individual membership increases from S$26,888 to S$30,888 19 Jul 2006 Topping-out Ceremony 1 Jan 2007 Entrance fee for individual membership increases from S$30,888 to S$35,888 3 April 2007 Obtains T.O.P. (Temporary Occupation Permit) 14 April 2007 Soft Launch - Special Members Preview: Due to overwhelming response, the number of berths at ONE 15 increases from 204, as originally planned, to 270. Entrance fee for individual membership increases from S$35,888 to S$38,888 Page 3 of 5

1 May 2007 Clubhouse begins operations 25 July 2007 ONE 15 Marina Club obtains C.S.C (Certificate of Statutory Completion) 22 Sept 2007 Achieves FIVE Gold Anchor Award, conferred by The Yacht Harhour Association 29 Sept 2007 ONE 15 Marina Club Grand Opening Ceremony 29-30 Sept 2007 Festival La Mer - Inaugural waterfront lifestyle festival to celebrate the Grand Opening of ONE 15 Marina Club 1 Oct 2007 Entrance fee for individual membership increases from S$38,888 to S$43,888 World-class marina facilities ONE 15 provides comprehensive marina facilities including 24-hour security, WIFI Internet broadband access and waste pump-out system. It will also offer the convenience of on-site customs clearance for arriving mega-yachts and boats when the Customs, Immigration, Quarantine and Port Clearance (CIQP) facility is operational at ONE 15 from the year 2008. Unique waterfront living ONE 15 promises to be a unique and exclusive club that aims to provide professional and personalized service for all its members, whether they are boaters or simply people who love and embrace the waterfront lifestyle. Club facilities include a designer infinity pool, spa, fullyequipped fitness centre, ballroom and restaurants that will offer a variety of unique gourmet dining experiences. Wine aficionados can also look forward to a 360 Degrees Wine Cellar featuring the best of Old and New World wines. Accommodation Members seeking a relaxing abode by the water can check into one of the twenty-four Deluxe Rooms or four luxurious Club Suites. Another unique members-only privilege is the booking of ONE 15 Marina Club s House Boats. Available for the first time in Singapore, the house boats are unique venues ideal for both family fun and corporate hosting. The equivalent of a floating apartment, each house boat offers spacious living areas and four cabin rooms for over-nighters, all fully furnished and fitted with the creature comforts guests will require for a memorable experience every time. Page 4 of 5

Gateway to great getaways With its unique geographical location, ONE 15 serves as a convenient gateway to explore the nearby Southern Islands, including Pulau Seringat, Pulau Hantu and Sisters' Islands, or even further afar to regional destinations like Phuket and Krabi. Members can charter a boat for a leisurely cruise to nearby offshore islands or simply indulge in a host of water-based activities and sports. ##### Page 5 of 5