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             Port Saint Lucie, Florida

Recent Events & Development Progress

The face of Tesoro® continues to change as new families move in with each passing
month. The Club is keeping up with the busy social demands by offering a wide
variety of activities beyond golf. Recently, several of our owners participated in a
club-sponsored deep sea fishing tournament, were the winning boat caught four
sailfish. One of the newest and most popular events is our Friday Night Socials,
which are held in different model homes throughout Tesoro.
Amenity and infrastructure development throughout Tesoro is proceeding at a
feverish pace. Here are some highlights of development projects underway at
Tesoro and Tesoro® Preserve:

       The streets in some of the East Side home site sections, which were offered
       for sale last fall, already have curbing work completed and have been
       prepared for paving.
       Tesoro’s second championship golf course, designed by Tom Watson, is under
       construction. In fact, you can already make out the green and bunker
       complexes on many of the holes.
       The Swim and Racquet Club are well under construction with the tennis courts
       and the temporary spa and fitness center due to open by fall of 2006.
       The final phase of The Tesoro® Club is well underway. The slab for the
       second floor is being poured and the completed Club is on pace for a fall of
       2007 grand opening.
       We are preparing to move the real estate sales organization into a state-of-
       the-art presentation center, located in the new Professional Building adjacent
       to the main entrance. The new sales center will provide us with a world-class
       setting from which we can best serve the needs of all Tesoro owners as well
       as new clients looking to become a part of the Tesoro lifestyle.
       Construction on the roads and utilities at Tesoro Preserve is fully underway.
       There are two beautiful homes completed and an additional two under
       construction on the island and six pre-sold homes that will start construction
       within 90 days on the mainland.

Upcoming News & Events

In addition to the incredible pace of ongoing development work within the
community, an equally impressive slate of development projects are fully underway
outside the gates of Tesoro. These projects, which bring significant value and add
immeasurably to the overall quality of life for all Tesoro owners, include:
      The Tesoro Florida Turnpike Interchange, scheduled to open by the end of
      this year, will afford our owners easy access to the Turnpike with a direct
      route into Palm Beach.
      Across the street from our entrance, the Becker Commons Commercial Center
      is under construction. The first phase of this development includes an
      upscale Publix grocery store, a restaurant, coffee shop and a bank.
      The landscaping plan for Becker Commons will no doubt be an amenity in and
      of itself. Designed by our neighbor, Wayne Huizinga, the landscape plan will
      be far beyond the ordinary; more fitting of a private club than a shopping

Price Range

Homesites from the mid-$400,00s
Custom homes from $1.2 million
Oceanfront condominiums from $1.9 million

Want More Information?

Go to and provide us with you information to send a
complete community package to you. There is never any fee or obligation! You also
may contact us at 772-785-6422.

Q        uest
  Real Estate Solutions
                                                       Shauna Z. Rowe, Broker/Owner
                                                      Todd R. Rowe, Business Manager
                                                           Quest Real Estate Solutions
                                                                  772-528-2039 Mobile

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