Beachfront Hawaiian Villas Being Sold in Final Priority Event

    Elegant Villas Offered at Significantly Reduced Prices

    HONOLULU, Feb. 26 /CNW/ -- The Beach Villas at Ko Olina, Oahu's most
elegant beachfront property, has created a once-in-a-lifetime final sales
event where the remaining villas, including the resort's most desirable beach
and ocean front villa locations, can be purchased at significantly reduced

    The developer, Centex Destination Properties, will host a one-time,
priority selection sales event at The JW Marriott Ihilani Resort and Spa on
June 6 and 7, 2009.  A Priority Reservation is required to participate in the
sales event, and selection priority will be based upon the order in which
Priority Reservations are received.

    "This is truly the opportunity of a lifetime to own a luxury, whole
ownership beachfront residence on the island of Oahu, with all the great
lifestyle amenities you'd expect at a world-class resort community," said
Bruce Sloan, division president for Centex Destination Properties, Hawaii.
"There are some beautiful choices still available at a variety of prices, and
each is just a few steps away from perfect white sand beaches and the warm
Pacific Ocean."

    Interested parties can call now or visit online at to obtain a priority reservation today. 
Brokers are welcome.


        What:    Beach Villas at Ko Olina Final Sales Event
        When:    June 6 and 7, 2009
        Where:   JW Marriott Ihilani Resort and Spa
                 Ko Olina Resort and Marina
                 Oahu, Hawaii

    The Beach Villas at Ko Olina, located on the sunny west coast of Oahu,
are just steps from an inviting crystal clear lagoon overlooking the Pacific
Ocean.  This is an ideal place for the whole family to enjoy a day of
swimming, snorkeling or simply relaxing on the white sand beaches. These two-
and three-bedroom luxury whole-ownership residences are approximately 1,365 to
1,904 square feet of total interior living space and lanai. Premium upgrades
are standard, and each villa includes a signature kitchen designed by Hawaii's
renowned chef and restaurateur, Roy Yamaguchi.

    Beach Villas at Ko Olina features world-class lifestyle amenities.  As an
owner, you'll be able step outside for your morning swim in the warm Pacific
Ocean, the elegant glass tiled lap pool or the tropical lagoon style pool. 
The fitness center features state-of-the-art Lifefitness(R) equipment, as well
as men's and women's locker and lounge areas that offer flat screen
televisions, wet and dry sauna rooms and all the amenities one might expect
from a well appointed health club.  The on-site management team at the Beach
Villas complements the owner's lifestyle experiences by providing First Class
services that include concierge, valet, and security along with optional
enhanced services that are tailored to meet an owner's individual needs.

    The Beach Villas are centrally located in the Ko Olina Resort and Marina
making for easy access to the resort's private, 330-slip Ko Olina Marina and
the JW Marriott(R) Ihilani Resort & Spa with its fine restaurants and the
full-service Ihilani Spa.  Golf enthusiasts extol the virtues of the resort's
18-hole championship course.  Designed by Ted Robinson, the course offers
exceptional water features, multi-tiered greens and beautiful ocean views.

    For more information, buyers should call 808.792.5005 or visit online at

    About Centex Destination Properties
    Centex Destination Properties develops luxury second-home and resort
communities in the continental United States and Hawaii. Centex Destination
Properties is a division of Centex Homes, a subsidiary of Dallas-based Centex
Corporation (NYSE:   CTX).

    Editor's notes: Please note that Centex reserves the right to (i) cancel,
modify or postpone the Sales Event, (ii) continue to sell villas prior to the
Sales Event, (iii) adjust the villa inventory and prices available at the
Sales Event, and (iv) to provide priority reservations for current villa
owners, Centex employees and others.  This does not constitute an offer in any
state where prior registration is required.  Project Broker- Centex Homes dba
Centex Destination Properties.

    Obtain the Property Report required by federal law and read it before
signing anything.  No Federal agency has judged the merits or value, if any,
of this property.



For further information:

For further information: Terry Balluck, +1-214-981-6708,, for Centex Destination Properties

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