TCP CANCUN PRESS RELEASE

This is to inform you that on September 18th, 2014, the company JCV GOLF S.A. De C.V. (JCV) operator of the Cancun Country Club golf course (TPC Cancun), was removed from the property by a group of individuals whom identified themselves as representatives and employees of the company named Cancun Sun & Country Club, S.A.P.I. de C.V. (CCC), whom forcibly removed the employees of JCV from the installations and prohibited the JCV representatives from accessing the installations.

All the equipment, tools, merchandise, documents and other goods belonging to JCV were taken by said group of individuals and to this date have not been returned to JCV, and as a result we are uncertain as to their location.

Due to this unfortunate situation, of which the competent authorities are already aware of and involved in, JCV is no longer in operation of the TPC Cancun and, for the moment, unable to continue to offer its services to the general public.

We extend our sincerest apologies for the inconvenience this may cause and appreciate your understanding.