BV International Ocean Holdings Ltd. Announces the Sales Launch of Four Seasons Ocean Residences

BV International Ocean Holdings Ltd. Announces the Sales Launch of Four Seasons Ocean Residences

May 23, 2007

Prices Start at 2.9 Million euro ($3.8 million) for the
First Fully Residential Ship Offering Four Seasons
Services


    MIAMI, May 23 /Xinhua-PRNewswire/ -- Blending the best
of oceanfront residential living with an ever-changing
array of global travel opportunities and the renowned
services and amenities of the world's leading luxury hotel
company, BV International Ocean Holdings Ltd. unveils Four
Seasons Ocean Residences.  The 48,600-ton, 719-foot luxury
vessel will feature an exclusive fully private,
international residential community aptly named Four
Seasons and will be known as the world's most prestigious
waterside address.
  
    "We are thrilled to be working with Four Seasons
Hotels and Resorts on this distinct and exciting ocean
residence that will deliver the caliber of luxury service
that only Four Seasons Hotels and Resorts can bring,"
said Robert Oppenheim, Managing Director of BV
International Ocean Holdings Ltd.  "Four Seasons Ocean
Residences will be the most grand and luxurious residential
community at sea."

    The residential vessel, scheduled for delivery in 2010,
offers 112 wholly owned private residences providing one,
two, three, or four bedrooms with the onboard benefits and
amenities of the legendary service of Four Seasons Hotels
and Resorts.  BV International Ocean Holdings Ltd. is a
joint venture between Bayview Financial(R), and Ocean
Development Group, both Florida based companies.

    International sales of the ocean residences commenced
in May 2007. A selection of residences will be made
available in limited numbers to specific regions throughout
the world in order to offer a more diversified community on
the Four Seasons.  The epitome of oceanfront living, Four
Seasons will provide owners with an unparalleled home and
travel lifestyle.  Elegant fully furnished residences and
penthouses, designed by Tillberg Design U.S., ranging in
size from 800 to over 7,000 square feet, include
floor-to-ceiling windows, spacious living room areas with
sea views, master bedroom suites with walk-in dressing
rooms and ensuite bathrooms, expansive terraces, walk-in
closets, a full-size gourmet kitchen, and a private
entrance for staff.  Each Four Seasons residence features a
gracious entry hall that opens into an elegant living space
highlighted by the celebrated attention to detail of Four
Seasons Hotels and Resorts. 

    With 70,000 square feet of public space, the ship
offers sophisticated travelers an expansive array of
onboard activities and entertainment, including the
11,000-square-foot Four Seasons Spa and fitness facility, a
European-styled promenade offering exclusive merchandise
from many high-end and well-known retailers, a gourmet
market, a state-of-the-art business center with secretarial
and video conferencing services, wine cellar, helipad,
putting greens, driving range, state-of-the-art
communications technology and a marina facility that will
provide residents with ship-to-shore service, SCUBA
expeditions, and a launch for jet skis or sailboats. 

    "We are charting new territory, combining the
warm, friendly and personalized service that Four Seasons
provides with the extraordinary experiences that come with
living on a luxury ship," said Scott Woroch, Executive
Vice President, Worldwide Development, Four Seasons Hotels
and Resorts. "We are excited to be partnering with BV
International Ocean Holdings Ltd. to embark on one of the
most luxurious ocean residences ever to set sail."

    Whether traveling for several weeks or year-round
aboard the 13-deck Four Seasons, owners will tour some of
the world's most vibrant cities and exotic ports of call
without ever leaving home.  The design of the Four Seasons
allows her to circumnavigate the globe, visiting
cosmopolitan centers of the world and to dock or anchor
near remote habitats only accessible to a limited number of
smaller sized yachts. 

    Four Seasons can host its owners, their guests, and 220
crew members.  The first journey is scheduled to depart in
2010, with the first two years following a fixed itinerary,
guided by many of the world's most marvelous places and
events including Antarctica, the Amazon as well as the 2012
Olympics in London, The British Open, and the Grand Prix in
Monaco.  Four Seasons expects to average approximately 250
days in port each year, offering extended stays for
in-depth exploration on all seven continents.

    First-class travel is only one of the many elite
elements that Four Seasons Ocean Residences embody.  In
addition to the elegant surroundings, meticulous staff, and
exciting range of amenities, residents will have ample
opportunity to enjoy a variety of dining options featuring
a combination of the ship's specialties as well as regional
experiences.  The four restaurants onboard are designed to
accommodate groups of various sizes.  If guests wish to
spend time at home, they can enjoy intimate
"in-residence" dining prepared by a Four Seasons
chef. 



    For more information, please contact:

     Marnie Goldman
     Email: [e-mail] 

     Marianna Friedman
     Tel:   [phone]
     Email: [e-mail]