Greenbrier Earns Merit Award for GreenPoint Rated Community of the Year at 2010 Gold Nugget Awards

Online, July 29, 2010 (Newswire.com) - IRVINE, CALIF. MBK Homes announced today that its Greenbrier community in Yorba Linda, CA has been recognized with a Merit Award for GreenPoint Rated Community of the Year by the 2010 Gold Nugget Awards. Presented annually since 1963 at PCBC (Pacific Coast Builders Conference), the Gold Nugget Awards are co-sponsored by Builder magazine and recognize those who improve our communities through exceptional concepts in design, planning and development. The GreenPoint rating designates that a home features an eco-friendly design as determined by third-party review from Build It Green, a membership supported non-profit organization whose mission is to promote healthy, energy- and resource-efficient homes in California.

"At MBK Homes, we view green building as more than just a marketing slogan or logo,"
said Tim Kane, president of MBK Homes. "We believe we have a duty to act as responsible
builders and protect the land itself from which our livelihoods derive. The recognition by the
Gold Nugget Awards is an honor and an affirmation that eco-friendly development deserves
more than just lip service; it's rapidly becoming a cornerstone of smart business and successful
new home sales."

Located in the master-planned golf community of Vista Del Verde, Greenbrier offers
detached luxury homes in Spanish, Craftsman, Italian, Monterey & Traditional styles. These
unique two-story residences offer a number of eco-friendly features, including dual-glazed vinyl
windows with Low-E energy saving glass, thermostatically-controlled air conditioning with
night set-back, a Rinnai tankless water heater with Metlund hot water D'MAND system,
weatherproofing systems at exterior doors and windows, and compact fluorescent flush lighting.

The Gold Nugget Awards are a centerpiece of PCBC, known as "Homebuilding's
Premier Tradeshow and Conference," recognizing builders, developers, architects, and land
planners with communities and projects in the 14 Western States and as well as internationally.
Gold Nugget honors not only housing designs, but also commercial, recreational and land
planning achievements. Thanks to its unique Advisory Committee, the Gold Nugget Awards
program responds thoughtfully to changing realities. Meeting at least once yearly, the Advisory
Committee includes a cross-section of industry professionals.

"Relevance keeps the Gold Nugget Awards at the forefront of design/planning
competitions, as our 2010 winners demonstrate," said Judging Chairman Peter Mayer of Peter M.
Mayer Productions. "The Merits and Grand awards represent an amazing diversity of locales,
projects and design/planning firms, Gold Nugget winners share one common denominator:
excellence and innovation in addressing complex design/build issues."

About MBK Homes
MBK Homes is active in the development of both attached and detached housing product,
catering primarily to first-time and first and second move-up homebuyers throughout California.
MBK Homes prides itself on its award winning customer satisfaction and its reputation for
delivering quality housing that is innovative in design, comfort and craftsmanship, all at an
excellent value. For more information, visit the company's website at www.mbkhomes.com.

Interested buyers can tour the decorated models at the Greenbrier sales center, at 17962
Joel Brattain Drive, off Valley View and Lakeview Avenue, in Yorba Linda. For further
information on Greenbrier, visit www.mbkhomes.com/greenbrier, or call 714.223.7625.

MBK Homes is a division of MBK Real Estate Ltd., the U.S. real estate development arm
of Mitsui & Co., Ltd., one of the world's largest corporations. MBK Real Estate's
multidisciplinary concerns span a wide spectrum of real estate development, including
homebuilding, retail and senior housing divisions.

MBK Real Estate Ltd. is headquartered in Irvine, CA, with regional offices in Portland,
OR. Corporate offices are located at 175 Technology Drive, Irvine, CA 92618; phone (949)
789-8300; fax (949) 789-9300; or visit its Web site at www.mbk.com.