TOUCHSTONE HOMES TO ADD TOWN HOMES AT STERLING ON THE LAKETM

TOUCHSTONE HOMES TO ADD TOWN HOMES AT STERLING ON THE LAKETM

FLOWERY BRANCH, Ga., May 2, 2007 – Sterling on the LakeTM announced that Touchstone Homes will break ground this summer on 98 new town homes in the award-winning residential community in Flowery Branch.

In addition to the Touchstone town homes, Peachtree Residential Properties earlier announced construction of 16 town homes at Sterling on the Lake, starting in the low $300s.

The Touchstone town homes will range in size from 1,500 to 2,200 square feet and will be priced from the low $200s. Buyers will have four plans from which to choose once the homes become available in early 2008.

“The addition of Touchstone Homes’ town homes will give even more people the opportunity to take advantage of the amazing living options at Sterling on the Lake,” said Jennifer Petters, marketing manager for Sterling on the Lake. “With the completion of this project, we will have more than 100 new town homes in a variety of styles and prices.”

More About Sterling on the Lake

Sterling on the Lake is situated on nearly 1,000 acres with 200 acres of open space, lakes and parks. Being developed by Newland Communities®, it was named the 2006 Master Planned Community of the Year by the Greater Atlanta Home Builders Association. Designed as a true lakeside village, the community provides a variety of affordable and luxury homes in a beautiful, natural environment with lakes and parks. Residents enjoy access to extensive amenities including pools, tennis courts, walking trails, fitness center, clubhouse, private movie theater, a custom tree house for children and more. Home prices start in the low $200s and will reach more than $1 million, with custom homes available. Sterling on the Lake will have approximately 1,800 homes when completed. For more information, call 770-967-9777 or visit sterlingonthelake.com.

About Newland® Communities

Newland Communities has been creating desirable, livable communities across the nation for nearly four decades. With expertise in creating a special sense of community, Newland Communities brings to life the unique history, culture and traditions of the land they develop. Their active and long-term approach to community creation and development ensures delivery on their vision while responsibly managing their partners’ investment. Headquartered in San Diego, California, Newland Communities is currently developing communities across the country in states including Florida, Georgia, North Carolina, South Carolina, Texas, California, Arizona, Nevada, Colorado, Oregon, Washington, Virginia, Minnesota and Maryland. Information on Newland Communities can be found at www.newlandcommunities.com.