HAMLET HOMES NOW SELLING TOWNHOMES AT NEW WAVERLY STATION COMMUNITY IN SOUTH SALT LAKE

First phase will consist of 41 three-story townhomes with prices starting in the mid $180s

  SALT LAKE CITY (October 5, 2006) — Hamlet Homes’ townhomes at Waverly Station, a new transit-oriented community located in South Salt Lake City, are now available for sale to homebuyers. This neighborhood represents a major new residential community for South Salt Lake and is located near TRAX between 3700 and 3900 South on West Temple. Phase I of Waverly Station will consist of 41 three-story townhomes located on a five-acre site with two distinctive floor plans, the Dunbar and Falkirk. The townhomes will feature two or three bedrooms and between 1,600 and 1,800 square feet of living space. Each home’s exterior will consist of a well-landscaped patio opening onto a central promenade in the front of the home and an urban-designed, two-car garage in the rear. The first townhomes are slated for completion before the end of the year. Prices start in the mid $180s. “Waverly Station is an exciting mixed-use, urban renewal community based on a design concept of bringing many convenient amenities to a residential neighborhood,” says David Irwin, vice president and director of sales and marketing at Hamlet Homes. “Over the next two-and-a-half years, Hamlet proposes to develop a total of 118 townhomes, as well as 47 condominium units.” UTOPIA Community MetroNetTM (Utah Telecommunication Open Infrastructure Agency) will also be available in every Hamlet home and will provide residents with high-speed fiber optic technology through advanced voice, video and Internet communications. All of the homes to be built in Waverly Station are located less than one quarter of a mile from the TRAX station at 3900 South. Phases II and III are scheduled for development in spring 2007. For additional information about Waverly Station, contact Nate Kingdon at (801) 261-0225 or visit www.hamlethomes.com.

About Hamlet Homes

Hamlet Homes crafts quality, customer-oriented homes, ranging from condominiums and townhomes to single family homes, located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,400 homes in 35 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and live up to its brand of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003, 2004 and 2006, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.