Waldorf, MD ­ May 30, 2006. Slenker Communities, a developer of mixed-use, all-age and Active Adult 55+ Resort Communities, is pleased to announce that sales have started at Central Parke® at Colonial Charles in Waldorf, Maryland.

According to William T. Slenker, President of Slenker Communities, “We are very excited to announce that Woodside Communities and The Airston Group have begun sales on single family homes at Central Parke® at Colonial Charles. Interest in this community has been phenomenal.”

The Airston Group will build 84 single family homes from the upper $300’s; Woodside Communities will offer 80 single family homes and 74 villas from the $400’s. Villas and condominiums are planned for the future. DR Horton will build 103 spacious villas and Sturbridge Homes will build 125 luxury condominiums with elevators.

Central Parke® at Colonial Charles will feature a private Resort Club offering an inviting colonial-style décor with an outdoor terrace overlooking a pond and fountains. Inside, homeowners can play cards, take a cooking class, or exercise in the state-of-the-art fitness center. The private Resort Club also features a whirlpool spa and sauna; billiards and sports lounge; and a cyber lounge. The community will also include an indoor and outdoor pool and a tennis court. All Central Parke® Communities feature their signature Carefree Maintenance Program that takes care of mowing the lawn, cleaning the gutters and snow removal at your home.

Slenker Communities is a recognized leader in the Active Adult housing industry and has a history of developing award-winning communities. Mr. Slenker is confident that Central Parke® at Colonial Charles will carry on this award-winning tradition. This past January, the National Association of Home Builders’ (NAHB) 50+ Housing Council selected their Laurel, Maryland community, Central Parke® at Victoria Falls, as Best Overall Midsize Active Adult Community in the nation for 2006. This award is the highest honor that a community can receive in a category. Last year, the same organization chose Central Parke® at Victoria Falls Best Community in the early development stages. Central Parke® at Victoria Falls was the only Active Adult community in the Mid-Atlantic region to receive this honor. Central Parke® at Victoria Falls swept all four Active Adult categories for each of its superlative home products at last year’s.

Monument Awards sponsored by the Maryland National Capital Building Industry Association and the Northern Virginia Building Industry Association. This prestigious awards program honors superior home design and community planning. In 2004, the developer also received two awards for Central Parke® at Ocean Pines, their 55+ community near Ocean City, Maryland. Central Parke® at Ocean Pines was also named twice as one of the 100 Best Master-Planned Communities in the U.S. by Where to Retire magazine.

Mr. Slenker and his team are also developing Central Parke® at Milford Ponds in Milford, Delaware with plans for more communities underway. For more information on Central Parke® Communities, please visit www.centralparke.com, or call their toll-free number at 800-876-7549. To visit Central Parke® at Colonial Charles, Take I-495 Capital Beltway to Rt. 210 South. Turn left on Rt. 228 East (Berry Rd.) and then right on Rt. 301 South. Turn right on Smallwood Drive and continue for 1.2 miles to a right on McDaniel Rd. Take first left onto Shadow Park Lane and the Welcome Center will be on the right. Central Parke® at Colonial Charles is an age-qualified community. Households must have one resident age 55 or better. All residents must be age 21 or older.