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News Releases

ClubCorp to Manage Pulte Homes’ Stone Creek Golf Club and Clubhouse

Dallas (Dec. 6, 2007) — ClubCorp©, the World Leader in Private ClubsSM, has announced it has entered into an agreement with Del Webb’s Stone Creek community, part of the Pulte Homes family, in Ocala, Florida. ClubCorp will manage the community’s 18-hole championship golf course and clubhouse, which is currently under construction and due to open in February and April 2008, respectively.

The golf course and club will be located in the guard-gated community of Stone Creek, one of the largest new Del Webb communities in the country with more than 4,000 homesites. An abundance of lakes will be integrated into the18-hole golf course and the clubhouse will offer members and guests fine dining facilities, meeting rooms, and a pro shop.

“We look forward to bringing our first-class hospitality and amenities to the Stone Creek community,” stated Eric Affeldt, ClubCorp’s president and CEO. “The club will be the perfect addition to our prestigious portfolio of golf and country clubs and will complement Del Webb’s state-of-the-art amenities complex, making Stone Creek the ideal leisure community.”

"We are delighted to be extending our relationship further with ClubCorp," said Jay Thompson, Pulte’s Division President in Ocala. "We know that ClubCorp, an industry leader for more than 50 years, will provide its expertise and create exceptional experiences for our residents.”

ClubCorp also manages Pulte Homes’ Eagle’s Ridge Golf Club and the Preserve Golf Club near Ocala, and will own and manage the soon-to-be-finished Applecross Country Club near Philadelphia.

About ClubCorp
Celebrating its 50th anniversary, Dallas-based ClubCorp is The World Leader in Private ClubsSM. ClubCorp and its affiliates own or operate nearly 160 golf courses, country clubs, private business and sports clubs, and resorts. ClubCorp's Signature Gold membership level offers complimentary golf, complimentary dining, or both, and privileges and benefits at more than 200 facilities worldwide that include exceptional deals at affiliate hotels and resorts (including KSL Resort properties in California, Colorado, Virginia, and Texas), ticket and shopping services, and more. Among ClubCorp's nationally recognized golf properties are Firestone Country Club in Akron, Ohio (site of the World Golf Championships - Bridgestone Invitational) and Mission Hills Country Club in Rancho Mirage, California (home of the Kraft Nabisco Championship). The more than 50 business clubs and business and sports clubs include the Columbia Tower Club in Seattle; Metropolitan Club in Chicago; and the City Club of Washington, D.C. The company's 16,000 employees serve the nearly 200,000 member households and more than 200,000 guests who visit ClubCorp properties each year. Visit www.clubcorp.com for additional company information.

About Pulte Homes
Pulte Homes, Inc., based in Bloomfield Hills, Mich., is a FORTUNE 200 company with operations in 51 markets and 26 states. In 2006, it delivered 41,487 homes and generated consolidated revenues of $14.3 billion. During its 57-year history, the company has constructed nearly 500,000 homes. Since 2000, Pulte Homes operations have earned more top-three finishes than any other homebuilder in the annual J.D. Power and Associates(R) New Home-Builder Customer Satisfaction Study(SM). Under its Del Webb brand, Pulte is the nation's largest builder of active adult communities for people age 55 and better. Its DiVosta brand is renowned in Florida for its Built Solid(TM) building system and distinctive master-planned communities. Pulte Mortgage LLC is a nationwide lender offering Pulte customers a wide variety of loan products and superior service.

 

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