| CAPE MANAGEMENT, INC. (P02000113581) | DP |
| EMERALD MARKETING, INC. (K40020) | Vice President |
| OLD RIVER ROAD, INC. (H26301) | President |
| ORLANDOBEACHVACATIONS, INC. (P04000108991) | DPT |
| TOWNE DEVELOPMENT OF FT. LAUDERDALE, INC. (P98000105230) | President |
| TOWNE DEVELOPMENT OF INDIAN SHORES, INC. (P95000068231) | DP |
| TOWNE DEVELOPMENT OF TARA, INC. (P00000076020) | Dire |
| TOWNE REALTY OF WEST FLORIDA, INC. (J33910) | Dire |
| ARTESIA DEVELOPMENT, INC. (P00000108552) | Dire |
| BENKO CONSTRUCTION CO., INC. (J84792) | Dire |
| KM DEVELOPMENT CORP. (838612) | Dire |
| SUNSET COVE OF COCOA BEACH, INC. (P99000007053) | Vice President |
| TOWNE DEVELOPMENT OF POMPANO BEACH, INC. (P96000010282) | President |
| TOWNE DEVELOPMENT OF TOWN CENTER II, INC. (P01000101802) | Vice President |
| VILANO VENTURE, INC. (H03412) | Dire |
| WHITLEY BAY WEST, INC. (P01000094603) | Dire |
| ARTESIA TOWNHOMES, INC. (F34404) | Dire |
| CAPE WINDS, INC. (H03175) | Vice President |
| HOMES BY TOWNE OF FLORIDA, INC. (P14000005764) | Dire |
| LAKE SAUNDERS, INC. (616945) | Vice President |
| OAKS AT LAKE FRONT, INC. (P97000106134) | Vice President |
| PROFESSIONAL RESORT OPERATORS LLC (L02000028605) | President |
| SOLANA LAKE, INC. (P99000035255) | Dire |
| TOWNE DEVELOPMENT OF INDIAN HARBOR, INC. (P99000016424) | President |
| TRI REALTY, INC. (847554) | Dire |
| WHITLEY BAY MARINA, INC. (P01000092904) | Dire |
| CAPE CARIBE, INC. (P00000008547) | DPT |
| CAPE CARIBE, INC. (P98000072097) | Dire |
| COCOA BEACH TRAVEL CLUB, INC. (P14000051627) | DPT |
| HOMES BY TOWNE OF GREYHAWK LANDING, INC. (P01000119506) | Dire |
| NORTHPORT, INC. (625317) | Vice President |
| RESORT CHILD CARE, INC. (P03000046776) | PD |
| SOLANA SHORES, INC. (P99000035256) | DP |
| TOWNE DEVELOPMENT OF GULF SHORES, INC. (P97000077897) | DP |
| TOWNE DEVELOPMENT OF HARBOR SHORES, INC. (P98000045567) | DP |
| TOWNE DEVELOPMENT OF INDIAN ROCKS, INC. (P97000070136) | DP |
| TOWNE DEVELOPMENT OF ISLAND POINTE, INC. (P01000070446) | Dire |
| HOMES BY TOWNE REALTY, INC. (P05000115279) | Dire |
| SHOREWOOD OF CAPE CANAVERAL, INC. (P95000028228) | Dire |
| SONIN, INC. (P94000033048) | President |
| TOWNE DEVELOPMENT OF BELLA PLAYA, INC. (P00000073128) | Dire |
| TOWNE DEVELOPMENT OF UNIVERSITY PARKWAY, INC. (P98000068828) | Dire |
| WHITLEY BAY DEVELOPMENT, INC. (P99000035258) | Dire |
