Friday, February 24, 2006

Prudential Real Estate President's Circle Award

Re: 2005 Annual Non-Competitive Sales Professional/Team Award Winner
Notifications

Dear Arthur:

Once again, Prudential Real Estate has distinguished itself as one of the
productivity leaders in our industry-and we couldn't have done it without
you! Your performance during this past year was an important contributor
to our high standing within the real estate community. This success can
only be achieved through a tremendous amount of discipline, dedication and
hard work, and we want to be sure you know that your hard work is both
acknowledged and appreciated.

President's Circle - Residential GCI With Preaffiliated rGCI

As a President's Circle Award winner, your outstanding
performance has placed you in the top 8% of Sales Professionals/Teams in
the Prudential Real Estate network.

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