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CENTURY 21® SYSTEM EXPANDS ITS GLOBAL NETWORK WITH MASTER FRANCHISE AGREEMENT FOR ALBANIA

Sep 29, 2008
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., (September 29, 2008) —

Century 21 Real Estate LLC, the franchisor of the world's largest residential real estate sales organization, has announced its latest international expansion with the signing a master franchise agreement to open CENTURY 21® franchises in Albania. The Dudaj Group, owned by Besnick Dudaj and Adriatik Dudaj, will become the master franchisee of the CENTURY 21 System in Albania. CENTURY 21 Albania plans to be operational by September of this year in the cities of Tirane and Durress.

"We are excited to welcome our colleagues in Albania to the network as international growth continues to be a key initiative for the CENTURY 21 System," said Tom Kunz, President and CEO, Century 21 Real Estate LLC. "We look forward to seeing The Dudaj Group grow and prosper as professional champions for home buyers and sellers in Albania."

The Dudaj Group, formed in 1993, was one of the first private companies to emerge in Albania after the collapse of the socialist system.

"Bringing the CENTURY 21 brand to our country is an exciting accomplishment for myself and our team," said Besnick Dudaj, President and CEO of CENTURY 21 Albania. "We are honored to have access to all of the quality resources that CENTURY 21 offers to better help Albanian customers achieve the dream of owning a home."