Princeville, Hawaii Fractional OwnershipA new fractional property is now available in beautiful Kauai, HI. Located in Princeville Resort’s gated Villas of Kamali’i on the Garden Isle’s North Shore, these luxury villas are nestled near plush tropical forests only minutes away from some of the most beautiful beaches in the world. The challenging and scenic Robert Trent Jones Jr. 27-hole Makai Golf Course is right next door while fine dining and shopping is nearby.

Hawaii is a prime vacation destination treasured for its clean air, tropical greenery and sparkling sand beaches. ISLAND FRACTIONAL HOMES LLC develops and markets luxury fractional vacation homes in the Hawaiian Islands. Island Fractional Homes has built a team of imminently qualified professionals in each key area of expertise needed to create a Hawaiian fractional ownership project.

Island Fractional Homes is offering special pre-completion pricing and incentives. Promotion ends July 15th, 2008. Visit the Island Fractional Homes website for more information.

Princeville, HI May 7, 2008 — Island Fractional Homes announces the upcoming availability of its second luxury fractional property in the Princeville Resort’s gated Villas of Kamali’i on the Garden Isle’s North Shore.

Kauai boasts some of the most scenic and challenging golf courses in the world. The Robert Trent Jones Jr. 27-hole Makai Golf Course is next door to the Villas of Kamali’i.

“Through July 15, 2008 we will be offering special pre-completion pricing and incentives,” said Randall Harris, developer of Hawaiian fractional residences and founder of Harris Fractional Consulting Group. “In addition we are extending a special Discovery Visit Invitation for those who would like to travel to Kauai to preview our fractional vacation homes.”

This spacious two-story 1,825 square foot three bedroom, three-bath villa features two master suites, a third bedroom/office, community pool and spa, great views, and a level of luxury furnishings and appointments found in five-star hotels. It is nestled between Princeville’s 27-hole Makai Golf Club and a lush tropical forest, and is just minutes from fine dining, shopping, and some of Kauai’s most beautiful beaches.

“Owners will enjoy a truly hassle-free Hawaii vacation home experience,” said Harris. “With professional property management in place, our owners have scheduled maid service, dedicated concierge and activities planning, use of a vehicle, and pay only a fraction of the cost of traditional ownership.”

Owners can swap time with one another and with other elite fractional residences on the mainland. Through an alliance with the Luxury Lodging and Exchange group, Island Fractional Homes’ owners can also enjoy properties such as the Retreat at Sundance, The Retreat at Entrada in Saint George, and the Red Stag Lodge at Deer Valley. “In this way, all of the benefits of deeded fractional ownership are enhanced by having the flexibility to vacation in other prime locations and at different times throughout the year,” said Harris.

As long-term demand for premier Hawaii property remains strong and real estate prices continue to increase, fractional ownership is a choice that makes sense for many Kauai vacation homebuyers. “Because the majority of Hawaii second home owners use their property less than three months annually, there is no question that fractional ownership is a trend that will become very common place in the years to come,” said Harris.

About Island Fractional Homes:
Island Fractional Homes LLC develops and markets luxury fractional vacation homes in the Hawaiian Islands. They acquire, renovate, and fractionalize superior properties and provide a turnkey, hassle-free experience for their owners. They put in place professional property managers who manage the day-to-day, quarterly, and annual responsibilities of maintaining a luxury vacation home and ensuring that owners’ needs and expectations are met.

About Harris Fractional Consulting Group:
Harris Fractional Consulting Group is a team of fractional real estate consultants providing fractional development and marketing services in Hawaii and the Western United States for home owners, realtors/brokers, and developers. Harris Fractional Consulting works closely with clients throughout each phase of a project using a proprietary time-tested, flexible fractional development approach.

None of the information presented herein regarding fractional ownership is intended to be an offering or solicitation of sale in any jurisdiction where the property is not registered in accordance with applicable law or where such offering or solicitation would otherwise be prohibited by law. No federal or state agency has judged the merits or value of this property. The California Department of Real Estate has not inspected, examined, or qualified this property. Purchase of a fractional interest generally requires a site visit and execution of purchase documents within the State of Hawaii.

In the event that you are interested in purchasing and/or selling a Fractional Ownership interest, please be advised that a Fractional Interest and/or Interval is not to be considered an investment and should be solely considered as a vacation purchase. Nothing in this communication, implied or stated, is intended to guarantee income or appreciation in the purchase, sale or rental of any real estate product. You may have the option of renting out your Interval, however, you are not guaranteed that you will have bookings, nor are you guaranteed any income.