TORTOLA, British Virgin Islands, June 28 /PRNewswire/ --

Raffles Tortola, a luxury resort community newly emerging in the British
Virgin Islands, will soon introduce a limited number of Founder's Memberships
in one of the Caribbean's most desirable locales.

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The resort is scheduled to open in 2010, and reservations are now being
accepted to take part in the Founder's Program, with 20 memberships to be
made available in late 2007. Founder's Program packages will feature a fully
furnished villa situated on an elevated oceanview homesite.

Set on 50 acres of pristine beachfront at the northeastern end of
Tortola, Raffles Tortola will offer a secluded half-mile white-sand beach and
sweeping sunset views of the Caribbean Sea. The resort will include 250
Raffles Residences, including luxury villas, casitas, condominiums and estate
homesites.

Residents at Raffles Tortola will enjoy Raffles' legendary amenities and
service including a 24-hour concierge, beach club, 10,000-square-foot
RafflesAmrita Spa, and a free-form swimming pool that meanders through the
resort and fitness center. Along with championship tennis courts, several
restaurants and bars and the resort's proximity to a Jack Nicklaus Signature
Golf Course, amenities and activities are never far from home.

Located only 10 minutes from the island's airport, Raffles Tortola is as
effortless to reach as it is to enjoy. Other Virgin Islands, including Jost
Van Dyke, Virgin Gorda, St. John and St. Thomas are only a brief boat ride
away.

"Raffles Tortola will truly be an awe-inspiring sanctuary," says Mike
Collins, Principal and CEO of IMI. "The unique opportunity to be part of a
Founder's Program will afford a select few the opportunity to enjoy a
first-rate resort experience, in a thriving international destination that is
attracting a compelling global market."

IMI, the leading luxury real estate sales and marketing firm in North
America and the Caribbean, will handle sales and marketing efforts for
Raffles Tortola. Other members of the project team include EDSA, one of the
world's leading planning and landscape architectural firms with a number of
premier projects in the Caribbean. EllisDon, which has been recognized for
its innovative and dynamic work worldwide, will oversee construction.

The British Virgin Islands comprise 60 islands, of which Tortola is the
largest and most populated. Renowned for its secluded white-sand beaches such
as Apple Bay, Elizabeth Beach and Smuggler's Cove, swimming and snorkeling
experiences abound. Warm Caribbean trade winds, clear blue waters and
sheltered anchorages have earned Tortola its reputation as the sailing
capital of the Caribbean. Tortola is also home to a variety of attractions,
including centuries-old ruins like Fort George and national parks, such as
Sage Mountain National Park.

To learn more about becoming an owner at Raffles Tortola or to make your
Founder's Program reservation, visit www.imiliving.com or call
+1-800-654-0829.

RAFFLES HOTELS & RESORTS

The Raffles collection of luxury hotels has consistently distinguished
itself by providing the highest standards of products and services. With
locations around the globe, each hotel is a landmark in its respective city,
positioned at the top of its local market and rated among the very best in
the world. Raffles' hotels and resorts have earned a legion of international
accolades, including Conde Nast World's Best Places to Stay and Travel &
Leisure World's Best Awards.

IMI is headquartered in Greenville, S.C., and specializes in the sales
and marketing of luxury resort real estate in the most desired destinations
throughout the U.S., Mexico and the Caribbean. Since 1990, IMI has introduced
thousands of clients to opportunities for real estate ownership in some of
the greatest places in North America, from beachfronts to mountaintops to
towering city penthouses, resulting in over US$4 billion in closings. For
more information about the company and its Offerings, visit IMI's Web site at
www.imiliving.com or call +1-864-233-6070.

Web site: http://www.imiliving.com