Quality

Course improvements have started

    GOLF COURSE IMPROVEMENTS 2010

    With regards to our last circular letter dated14th December communicating the new membership fees 2010 and golf course investment plan; agreement to be ratified at a future Extraordinary Shareholder Meeting to be held in 2010 according the Public Company Law approved by the RDL/1989 of 22 December; the contents of this investment plan is as follows:
     

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