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Foxtons North America, Inc. filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the District of New Jersey on October 5, 2007 and is not currently engaged in the sale of real property

Creditors of the company may direct inquiries regarding the status of the chapter 11 case to the company’s bankruptcy attorney, Michael Holt, Esq., at Forman Holt Eliades & Ravin, 80 Route 4 East, Paramus, New Jersey 07652, Tel. 201-845-1000 or to the attorney for the Official Committee of Unsecured Creditors, Joseph R. Zapata, Jr., Esq., Fox Rothschild LLP, Princeton Pike Corporate Center, 997 Lenox Drive, Building 3, Lawrenceville, NJ 08648, Tel. 609-896-3600, Fax 609-896-1469.

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