CORDILLERA RANCH HIRES SUPERINTENDENT FOR JACK NICKLAUS GOLF COURSE TO BE COMPLETED THIS FALL

Contacts:
Rosario Neaves or Kathryn Barnes
KGBTexas Public Relations / Advertising
Phone: (210) 826-8899

(June 9, 2005) BOERNE, Texas – Cordillera Ranch, an 8,600-acre master planned residential community located in the Texas Hill Country just outside of Boerne, Texas, has named Kris “K.D.” Davis as Head Golf Course Superintendent for the development’s par-72 Jack Nicklaus Signature Golf Course, which is slated for completion in late 2005.

“K.D. brings to Cordillera Ranch a wealth of golf course management experience and familiarity with the Nicklaus brand,” said Chris Hill, Vice President of DH Investment Company, the Lufkin, Texas-based developer of Cordillera Ranch. “I am confident that his contributions combined with Jack Nicklaus’ unique design will set the standard for golf in Texas.”

As head golf course superintendent, Davis will be responsible for overseeing the sodding of the course beginning in late May, while also supervising the course infrastructure, draining and irrigation as the course continues to progress toward completion. In addition, Davis’ staff will also manage the landscaping of The Clubs of Cordillera Ranch sites and villas.

“The stability and raw beauty of the property is what initially attracted me to Cordillera Ranch,” said Davis. “(Developers) David and Chris Hill have created a community that will endure for years to come and one that I see myself being a part of for a long time.”

Prior to joining Cordillera Ranch, Davis amassed vast experience of maintaining Nicklaus Signature Golf Courses around the world. He most recently served as Head Golf Course Superintendent at Cimarron Hills in Austin, Texas, and as an Assistant Golf Course Superintendent at the New Albany Country Club in Ohio. Davis has also worked at the Muirfield Village Golf Club, home of the Memorial Tournament and venue to the 1998 Solheim Cup. In addition, Davis spent a season at New Jersey’s Ridgewood Country Club, which has hosted the Ryder Cup and the Senior Open, and a year at the Australian Golf Club in Sydney. While employed at the Nicklaus re-designed course, Davis learned to manage warm-season turf while the course hosted the Greg Norman Invitational, a PGA event.

Davis received a bachelor’s degree in turfgrass management with a minor in plant pathology from Ohio State University.

Cordillera Ranch is an 8,600-acre master planned residential community located north of San Antonio in the Texas Hill Country. The centerpiece of Cordillera Ranch will be a 7,477-yard Jack Nicklaus Signature Golf Course to be completed by fall 2005. Cordillera Ranch offers its residents on-site recreational opportunities and boasts 1 to 10-acre homesites, with some including Guadalupe River frontage, hilltop or golf course views. In 2005, residents of the guarded/gated community will have the opportunity to join The Clubs of Cordillera Ranch, which will feature seven resort-style clubs in one location, including The Golf Club, Social Club, Tennis and Swim Club, Equestrian Club, Rod and Gun Club, Spa and Athletic Club and River Club. Cordillera Ranch is being developed by Cordillera Ranch Development Corp., a subsidiary of Lufkin, Texas-based DH Investment Company.