For Immediate Release - February 27, 2007

Contact: Cindy Fraze Title: VP of Corporate Services Phone: (209) 758-3110 Fax: (209) 576-7364 cfraze@prucalifornia.com

PRUDENTIAL CALIFORNIA REALTY/PRUDENTIAL COMMERCIAL REAL ESTATE HOSTS SUCCESSFUL GRAND OPENING EVENT IN TURLOCK  (MODESTO, California) Prudential California Realty (PCR) successfully hosted a Grand Opening celebration to officially launch its new office location at 2051 Geer Road in Turlock. The event was held on Tuesday, February 27, 2007 from 4:30-6:30pm at the new Turlock office. The event was attended by Craig C. Lewis, president and CEO of PCR; John Lazar, the Mayor of Turlock; Rob Day, Huff Construction's Superintendent for this project; various affiliates from home warranty companies, title companies, local business owners, reporters from local news media and about 160 real estate agents, lenders, coordinators and PCR managers and executives. A wide variety of food and beverage were provided at the event.  "In a market where real estate companies are closing down offices, we are excited to be expanding them," said Lewis. "Prudential's exclusive tools, such as: the affiliation with Yahoo! Real Estate that brings in thousands of online leads per month, the Yahoo! Online Seller Advantage and the new Technology Platform that generates online leads directly to agents, provide sales professionals with the opportunity to enhance the way they do business. When utilized, the client benefits and the agent and company develop more business."  Located less than 5 minutes North of downtown Turlock, the beautiful over 10,000 square foot facility features private offices, increased space for sales professionals, staff and clients, virtual docking stations, state-of-the-art technology enhancements and wireless capabilities throughout, new updated office furniture, increased number of conference rooms, training room, multi-media room, kitchen, reception and lobby areas as well as a large patio and plenty of parking. The Turlock office also features the real estate "One-Stop-Shop" concept with Prudential Commercial Real Estate, Guarantee Pacific Mortgage, Sylvan Transaction Services, Wolverine Property Management, SureClose Transaction Platform with Title and Escrow services. ### Founded in 1965 as Stone Real Estate and transitioning to the Prudential name in 1989, Prudential California Realty (PCR) provides comprehensive real estate service when buying, selling and owning a home. The PCR family of companies includes Prudential Relocation (an independent organization that is part of Prudential Real Estate and Relocation Services), Guarantee Pacific Mortgage, LLC (an affiliate of Wells Fargo Home Mortgage, Inc.), Wolverine Property Management, Sylvan Transaction Services and Prudential Commercial Real Estate (an independently owned and operated member of Prudential Commercial Services). Prudential California Realty is an independently owned and operated member of the Prudential Real Estate Affiliates, Inc. To learn more, visit http://www.PruCalifornia.com/.