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South Florida CEO, Feb, 2004

* Meeting and conference rooms

NUMBER OF UNITS:    Trump Palace 278
                    Trump Royale 391
                    Trump Int'l Sonesta 372

SQUARE FOOTAGE:     Trump Palace 1,197 to over 6,300 sq. ft.
                    Trump Royale 921 to over 11,000 sq. ft.
                    Trump Int'l Sonesta 456 to 1,625 sq. ft.

PRICE RANGE:        Trump Palace $670,000 to $7 million
                    Trump Royale$425,000 to $11 million
                    Trump Int'l Sonesta $350,000 to
                    $1.5 million

OPENING DATE:       Trump Palace mid 2005, Trump Royale
                    to open in 2007, Trump Int'l Sonesta
                    now open

PROJECT:

TEN MUSEUM PARK

LOCATION:

1040 Biscayne Boulevard Miami, FL

DEVELOPER:

A co-development by Gregg Covin in conjunction with Armin Mattli, Michael Capponi, and Chad Oppenheim.

Gregg Covin, a Miami native whose family has been developing real estate in South Florida for 30-plus years, is best known for developing the Hotel St. Augustine and the Neville Condominium in Miami Beach's South Beach area. Covin is currently building the Montclair Lofts at 17th and Meridian, just off Lincoln Road; and the Domicile Lofts at 2129 Washington Ave.; both on Miami Beach, as well as Lofts in the Grove, on the corner of Bird and 27th Ave. in Coconut Grove.

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DESCRIPTION:

Situated opposite the much-anticipated Museum Park in the downtown Miami Arts and Entertainment district, and within walking distance of the new Performing Arts Center, American Airlines Arena and Bayside Marketplace, Ten Museum Park boasts unobstructed views of Biscayne Bay and the Atlantic Ocean. The Clinique La Prairie Residences at Ten Museum Park, as it is officially known, is a $120 million, mixed-use development designed to be a spa-like oasis within the core of the emerging downtown. The 50-story, 600,000-square-foot building is comprised of 200 residential units (each featuring an exclusive Clinique La Prairie steam shower), 30 live/work office condominiums, a 25,000-square-foot signature Clinique La Prairie spa, retail spaces, an indoor/outdoor bistro and an urban lounge. Completing the allure of this oasis, Ten Museum Park includes a 350-seat indoor/outdoor fine dining restaurant.

AMENITIES:

* Floor-to-ceiling 20 ft. glass walls

* Personal custom spa environments featuring floating steam showers

* High-end European kitchens

* Eight pools including an infinity-edge sunset & sunrise pool, two lap pools and four plunge pools

* 25,000-sq.-ft. Clinique La Prairie wellness center and sky garden

* Fitness center with cardio, yoga and weight rooms

* Fully-equipped business center

* Valet parking

* Penthouses with private rooftop pools

* Climate-controlled wine cellar

CONTACT:

(305) 573-2025 / WWW.TENMUSEUMPARK.COM

NUMBER OF UNITS:    200 residential and 30
                    live/work office condos

SQUARE FOOTAGE:     900 to 5,000 for Penthouses

PRICE RANGE:        $300,000 to over $4 million

OPENING DATE:       Winter 2006

PROJECT: