New Owner for Westwood Plateau Golf – Above & Beyond Experiences to Continue

For Immediate Release – February 26, 2009
Coquitlam BC - Wesbild Holdings Ltd. officially announced today that they have accepted an offer from 0844266 B.C. Ltd. (an affiliated corporation of Revs Entertainment) for the prestigious Westwood Plateau Golf & Country Club and Westwood Plateau Golf Academy. The transaction closed at end of business today.

Revs Entertainment is owned by the family of Mr. Jeong Ho Lee, a local Coquitlam businessman and long time guest of Westwood Plateau. While Westwood Plateau will be the family’s first golf course facility, they have strong entertainment experience with facilities that include restaurants, fitness club, racquet sports, bowling alleys and a driving range.

Westwood Plateau will be continuing business operations as normal with all employees transferring employment to 0844266 B.C. Ltd. and its affiliate Westwood Plateau Golf & Country Club Limited Partnership. “We will continue to take care of our guests the same Above & Beyond way we always have” says Scott Masse, General Manager of Westwood Plateau, “We look forward to another busy year of golf, corporate events, tournaments and weddings.”

Westwood Plateau Golf & Country Club’s golf course is set to open on April 24 and the Golf Academy is open year round.

About Wesbild

Wesbild Holdings Limited is a multi-faceted real estate and retail development company who has been working in British Columbia for almost 30 years. Wesbild’s approach to its business is centered on community building and the planning, nurturing, shaping, protecting and sustaining of communities and the environments in which they thrive. Best known for the award-winning master planned community of Westwood Plateau in BC’s Lower Mainland, Wesbild is currently working on three communities – Predator Ridge and Turtle Mountain in Vernon and the Foothills at Burke Mountain in Coquitlam. At present, Wesbild owns shopping centres in Seattle and Burien in Washington State, USA and in Surrey, Nelson, Gibsons, Merritt and Williams Lake, BC. For more information visit www.wesbild.com

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