PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002

MEDIA CONTACT:
Sommer Bukowski
PM Realty Group 
(713) 209-5810
sbukowski@pmrg.com

FOR IMMEDIATE RELEASE
July 17, 2008

PM REALTY GROUP SELECTED AS BROKER
TO MARKET GALBRAITH LAND IN CENTRAL OAHU

HONOLULU, HI - PM Realty Group (PMRG) a national, full-service commercial real estate firm, announces it has been retained by Bank of Hawaii, trustee for the George Galbraith Trust, to market the Trust's approximate 2,100 acres of agricultural land in central Oahu. The property, which is zoned Ag-1, will be marketed locally and internationally and go on the market July 28, 2008.

PMRG was selected for its familiarity with the property and the extensive preliminary work it did in researching the land, related issues and its knowledge of the Hawaii real estate market. The firm, which has completed prior transactions involving agricultural lands, has an international network.

The lands are part of the George Galbraith Trust, which was created in 1904 for the benefit of Mr. Galbraith's heirs. Although the Trust terminated in April 2007, the Trustee continues to be responsible for the trust assets until the sale of assets and distribution of proceeds are completed. The lands are located roughly in the area between Lake Wilson (Wahiawa Reservoir), Schofield Barracks and Wahiawa. The property also includes a portion of the land underneath Lake Wilson but not the lake itself.

About PM Realty Group

Headquartered in Houston, PM Realty Group (PMRG) is a privately held real estate firm of more than 1,300 employees and 25 divisional and regional offices that conducts business in every major state.

With more than 50 years of experience, PMRG provides services to a portfolio valued in excess of $25 billion. The firm’s diversified client base includes institutional and private investors, real estate investment trusts, government agencies, corporations and healthcare service providers.

PMRG focuses on creating value for its clients and offers a full spectrum of real estate services, including property and facility management, leasing, marketing, investment sales, construction management and engineering. In addition, PMRG partners with clients in comprehensive development and joint venture investment programs.

The company has been serving Hawaii since 1989. Interested parties may contact Skip Schuman or Matthew G. Bittick at (808) 536-6500. For additional information, visit www.pmrg.com.

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