Letter from
Continental Communities Management

The following is a copy of a letter I received on Saturday, December 6, 2003.

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December 3, 2003

Dear Residents of Orange Grove Estates,

We are excited to inform you that Ken & Lisa have been promoted and will be leaving the first week in January. They will be going to Hickory Hills in Bath, Pennsylvania. We have been proud to work with Ken & Lisa and will really miss them. They have done a great job and truly deserve this promotion. Please feel free to stop in to the office to say goodbye to them.

We are the process of interviewing some exciting applicants; we will keep you informed of our progress.

We would appreciate your cooperation in making a smooth transition.

Sincerely,

Jack G. Woodard (signed)
Pat Woodard (signed)

Jack & Pat Woodard,
Regional Managers