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CENTURY 21 REAL ESTATE LLC ADDS 40 NEW FRANCHISE OFFICES TO ITS GLOBAL NETWORK DURING FIRST QUARTER OF 2007

Apr 27, 2007
For Immediate Release
CONTACT
Matt Gentile
Century 21 Real Estate LLC
Phone: 973-407-6102
Cell: 973-647-9042
Matt.Gentile@Century21.com

PARSIPPANY, N.J., (April 27, 2007) —

Century 21 Real Estate LLC announced today that the world's largest residential real estate sales organization welcomed 40 new independently owned and operated brokerage offices to its franchise network in the United States during the first three months of 2007. In all, 18 new companies joined the CENTURY 21® franchise network through March 31.

"Savvy real estate entrepreneurs continue to understand the value of the CENTURY 21 brand and align their local brokerage offices with the CENTURY 21 System," said Tom Kunz, president and CEO of Century 21 Real Estate LLC. "By supporting the goals of our franchisees as our own and treating our System members like family, we will continue to grow this global organization and remain the real estate industry's gold standard of excellence."

Some of the largest companies to join the CENTURY 21 System during the first quarter of 2007 include:

OFFICE NAME LOCATION PRIME CONTACT
CENTURY 21 Beachside Real Estate Isle of Palms, S.C. Vicki Hollingsworth
CENTURY 21 Centra Realty Tucson, Ariz. Colette Barajas
CENTURY 21 Gold Norco, Calif. Donna Chudzicki
CENTURY 21 Gold Coast Realty Boca Raton, Fla. Arthur Colligan
CENTURY 21 Target Philadelphia, Pa. Li Zhao

Vicki Hollingsworth, broker/owner of CENTURY 21 Beachside Real Estate, joined the CENTURY 21 System in February 2007 excited about the brand's award-winning training platform and industry-leading brand recognition. Hollingsworth was also looking for ideas on how to expand her growing two-office company into other markets in the greater Charleston area.

"The CENTURY 21 System provides the support, research and resources we will need in analyzing opportunities to help grow our businesses," said Hollingsworth. "Whether considering potential acquisitions, roll-ins or mergers, our brand contacts can help us with a growth plan that works for us."

Internationally, during the first quarter of 2007, Century 21 Real Estate LLC signed a master franchise agreement to open CENTURY 21® franchises in the Baltic States encompassing Estonia, Latvia and Lithuania under the CENTURY 21 Baltics name. The agreement represents a further expansion into Eastern Europe for the brand. In 2006, Century 21 Real Estate LLC established a master franchise agreement in Romania to create CENTURY 21 Romania and opened its first offices affiliated with CENTURY 21 Bulgaria.