March 20,2002

ASTORIA HOMES HONORED WITH PROCLAMATION FROM
BOARD OF COUNTY COMMISSIONERS

The Clark County Board of Commissioners awarded Astoria Homes and its President Tom McCormick with a proclamation on March 19th for the homebuilder's sponsorship of the "2001 Summer Business Institute Program." Astoria Homes was one of more than a dozen local businesses recognized at the Clark County Government Center for their contributions toward the youth program.

Astoria Homes was chosen to receive the proclamation for its support of the program, which aims to motivate and encourage youths to continue higher education and pursue entrepreneurship, as well as provide them with experience and exposure to their career fields of interest. The program, targeted toward low-income and at-risk youth, is a collaborative effort of the Clark County Business Development Division, Clark County School District and the private sector.

Through Astoria Homes, McCormick donated $2,000, the cost to provide a scholarship for one community youth to participate in the Summer Business Institute Program. The donation covered costs for materials, workshops, transportation, field trips, and other program activities for an underprivileged youth in the Las Vegas valley.

"We are proud to participate in community efforts that enhance the lives of our area youths," said Astoria Homes Marketing Director Sia Howe.

Founded in 1995, Astoria Homes is an award-winning homebuilder with home closings exceeding 800 in 2001. The company website can be accessed at www.AstoriaHomes.com.