FOR IMMEDIATE RELEASE

Contact: Melissa Sullivan, (202) 337-7885
msullivan@hammercomm.com

New Home Seekers Will "Fall in Love with River Falls"

Beaver Creek Land, LLC, Presents Prince William County’s Premier Golf Address

PRINCE WILLIAM, VA (February 22, 2002) —Today Beaver Creek Land, L.L.C., an alliance of affiliates of Diane Cox Basheer Communities, Inc., and Ken Thompson and Associates, Inc., announced the development of River Falls, a 280-acre, Georgian-style luxury golf course community with Lake Occoquan views, picturesque pocket parks, and a full range of community amenities. This intimate community’s sweeping entrance, flanked with willow trees and marked by an upscale springhouse, guarantees an undeniable sense of arrival.

Phase I of the community web site will launch Saturday, February 23, at www.riverfalls.info. The full site will launch on Saturday, March 2. Preview sales will begin Spring 2002.

River Falls will offer innovative home designs by three of Northern Virginia’s top builders: Craftmark Homes, Basheer & Edgemoore and Equity Homes. Each builder’s trademark is a high standard of luxury combined with uniqueness via attention to detail. "River Falls will meet the expectations of luxury home buyers who have distinctive style, but also want the breadth of amenities and conveniences offered in a master-planned community," states Diane Cox Basheer.

Beaver Creek Land, L.L.C., brings several of Northern Virginia’s most distinctive upscale communities to its credit: Governor’s Grove and Governor’s Hill, both in Alexandria; and Westmarket, located in Reston. In the past 40 years, Diane Cox Basheer Communities, Inc. has built more than 5,000 luxury homes throughout Northern Virginia, in highly successful communities such as Farrcroft in Old Town Fairfax; Millwood Pond in Reston; The Reserve and McLean Place in McLean; and Southampton and Westhampton in Springfield. Ken Thompson and Associates has developed many prestigious golf course, waterfront and retirement communities in Northern Virginia, such as Lake Ridge Point on Lake Occoquan and Austin Ridge in Stafford County.

"Beaver Creek Land’s historical success, selection of the highest quality builders, location in the most sought-after county in Northern Virginia, and our signature attention to detail will make River Falls easy to ‘fall in love with,’" notes Basheer. "We know we’ve created a winner for Northern Virginia’s most discriminating home buyer."