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					                                                                Sotheby’s International Realty Affiliates, Inc.
                                                                                               1 Campus Drive
                                                                                         Parsippany, NJ 07054



FOR IMMEDIATE RELEASE


 Three Leading Idaho Real Estate Firms Join Sotheby’s International Realty® Network

PARSIPPANY, N.J. (May 23, 2007) – To further its strategic growth in key luxury markets,
Sotheby’s International Realty Affiliates, Inc. today announced that three leading real estate firms
in Idaho have joined its network: Tomlinson Sandpoint Sotheby’s International Realty in
Sandpoint; Tomlinson North Idaho Sotheby’s International Realty in Coeur d’Alene; and MLC
Sotheby’s International Realty in McCall.

“These forward-thinking firms clearly understand the particular luxury home market needs in this
growing and highly-attractive region of the country, and we proudly welcome them to the
Sotheby’s International Realty network,” said Michael R. Good, president and chief executive
officer, Sotheby’s International Realty Affiliates, Inc. “With the addition of these distinguished
firms, we are fulfilling an important objective to grow our network in these markets.”

MLC Sotheby’s International Realty, formerly McCall Land Consultants, is owned by John
Griffith and John McKeown. “This affiliation will serve as a tremendous benefit to our clients
because we will be able to provide them with unrivaled access to qualified people and the most
distinctive properties in our market,” said Griffith.

Tomlinson Sandpoint Sotheby’s International Realty formerly was Tomlinson Black Panhandle
Kaniksu Real Estate and is owned by Jeff Bond, who believes the new affiliation brings
significant value to his clients. “The Sotheby’s International Realty affiliation brings a unique
level of global access and marketing resources to our clients,” he said.

Tomlinson North Idaho Sotheby’s International Realty is owned by Tim Mueller and was
formerly known as Tomlinson Black North Idaho, Inc. Mueller believes his organization’s
success is a direct result of the demanding goals his firm holds. “We remain committed to
providing our customers with the highest standard of service excellence in the real estate
industry,” he said. “Our affiliation with the Sotheby’s International Realty network confirms this
ongoing commitment to excellence.”

As was previously announced by Realogy Corporation in March, the Realogy Franchise Group
entered into a long-term franchising agreement with the Tomlinson Group of Companies, an
independent real estate brokerage organization based in Washington and Idaho. The agreement
enables the firm to affiliate a number of its offices with the Sotheby’s International Realty
brand.

The Sotheby’s International Realty network has more than 7,500 sales associates located in more
than 375 offices in the U.S. and 24 other countries and territories. All three firms will be
marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and
great exposure generated from these sources, the firms will benefit from an association with the
Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.
About S otheby’s International Realty Affiliates, Inc.,
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings,
the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the
most prestigious clientele in the world. In February 2004, Realogy Corporation, the world’s largest real estate
franchisor, entered into a long-term strategic alliance with Sotheby’s Holdings, Inc. (NYSE: BID; LSE: STBA). The
agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full
franchise system by Sotheby’s International Realty Affiliates, Inc., a subsidiary of Realogy. Affiliations in the system
are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates,
Inc. supports its affiliates with a host of operational, marketing, recruiting, educational and business development
resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established
in 1744. For more information, visit www.sothebysrealty.com.

                                                    ###

CONTACT

Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby's International Realty Affiliates Inc.
1 Campus Drive
Parsippany, NJ 07054

(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com

OPT OUT: If you wish to be excluded from future Sotheby’s International Realty®
announcements, please reply by e-mail with “remove” in the subject line. Thank you.

				
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