Executive Summary

Cabo Callisto
A Luxury Resort Project
Cabo San Lucas, Mexico

The Cabo Callisto Project (“Project”) will be developed on a 600 acre site located 8 minutes North of Cabo San Lucas, which is situated at the Southern tip of the Baja Peninsula, Mexico. Cabo San Lucas is well known as a world class resort location and the Project will be the finest amongst all of Cabo’s offerings.

The Project site is located on the West coast of Baja and features 1.3 kilometers of pristine Pacific Ocean beachfront. When completed, the Project will comprise two ultra-luxury hotels, 40 estate lots, 100 villas, 400 units of shared ownership, 27 holes of world-class golf and a 40 slip marina. The Project will also be a signature member of the ultra-luxurious Platinum Club.

The zoning, certification and Environmental Impact Report have been completed. The total project cost is projected at $US840 million and total build-out is projected to be completed within five years. Prior to any construction, the permitting process must be completed and this is projected within four months (January, 2008). Financing for the entire Project is in place.







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