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Coldwell Banker System Expands in Q2 2006

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COLDWELL BANKER® SYSTEM EXPANDS IN 2ND QUARTER

PARSIPPANY, N.J. (Aug. 8, 2006)–Coldwell Banker Real Estate Corporation announced today that the Coldwell Banker® System has grown to nearly 3,900 residential real estate offices worldwide. Eight companies joined the Coldwell Banker family during the second quarter while 19 other Coldwell Banker affiliated companies expanded their operations through expansion or merger/acquisitions. Coldwell Banker now has 3,898 residential offices in 30 countries and territories around the globe.

"Coldwell Banker continues to thrive," said Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate Corporation. "We are in the midst of celebrating the brand's 100th anniversary in 2006. Our founder Colbert Coldwell, along with Benjamin Banker, started with the company with one office at 53 Post Street in San Francisco, which opened just a few months after the 1906 San Francisco Earthquake.

"Along with welcoming new companies to Coldwell Banker, we have made a strong commitment to helping our franchisees grow their businesses. This happens in several ways including identifying possible merger/acquisitions in their markets along with assistance in opening new offices."

Below is a list of companies which joined the Coldwell Banker residential system in April, May or June:

Company

Town

State

Coldwell Banker Kiley Real Estate

South Boston

MA

Coldwell Banker M&D Goodlife

Shirley

NY

Coldwell Banker Nautilus Real Estate

Santee

CA

Coldwell Banker Next Generation Realty

Homosassa

FL

Coldwell Banker Number One

Westminster

CA

Coldwell Banker Old Towne Realty

Jonesborough

TN

Coldwell Banker Shayovitz Realty

Brooklyn

NY

Coldwell Banker Triple Diamond Group

San Dimas

CA

The following Coldwell Banker affiliated companies expanded their residential operations during the second quarter through mergers/acquisitions or by opening branch offices:

Company

Town

State

Coldwell Banker Advantage Realty

Little Rock

AR

Coldwell Banker All Stars Realty

Ponce Inlet

FL

Coldwell Banker Bob King Realty

Godley

TX

Coldwell Banker Chris Kutzkey, Realtors

Dunsmuir

CA

Coldwell Banker Chubb Real Estate

Grand Island

NY

Coldwell Banker David Steven Company

Azusa

CA

Coldwell Banker Funkhouser Realtors

New Market

VA

Coldwell Banker Heritage Homes

Marion

AR

Coldwell Banker M.M. Parrish, Realtors

Gainesville

FL

Coldwell Banker Primus Realty

Gurnee

IL

Coldwell Banker Professionals, Realtors

Virginia Beach

VA

Coldwell Banker Professional Realty

Ephraim

UT

Coldwell Banker Resort Realty

Bonners Ferry

ID

Coldwell Banker Rio Grande Valley

Weslaco

TX

Coldwell Banker Team Real Estate

Raymond

ME

Coldwel Banker TEC Realtors

Belle Chasse

LA

Coldwell Banker Upchurch Realty

Braselton

GA

Coldwell Banker Vista Realty

Valencia

CA

Coldwell Banker Wardley

North Las Vegas

NV


About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier full-service real estate provider. In 2008, Franchise Times magazine's prestigious Top 200 issue ranked the Coldwell Banker system No. 1 in real estate for the ninth straight year and 12th among franchisors in all industries. The Coldwell Banker System has approximately 3,500 residential real estate offices and approximately 100,000 sales associates in 47 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury property through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge ® Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated.

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