Minto Communities and Margaritaville Holdings Announce Second LATITUDE MARGARITAVILLE Location

Second Active Adult Community Planned for Hilton Head, South Carolina

Orlando, FL — May 25, 2017 – Minto Communities and Margaritaville Holdings today announced that Hilton Head, South Carolina will be the second location for their new LATITUDE MARGARITAVILLE active adult residential communities. The new 55-and-better community, built on the “no worries” tropical vibe of Margaritaville, will sit on 2,739 acres and include a 72-acre site for a 290,000-square foot Margaritaville-inspired festive retail center.

"From our College ambassadors to those ready to move to Latitude Margaritaville right away, the extraordinary level of enthusiasm and interest generated from the announcement of our first development on Daytona Beach with Minto has been exciting and gratifying,” said John Cohlan, chief executive officer of Margaritaville. “We look forward to creating another port of paradise for those looking to live a life of fun and relaxation on the shores of South Carolina.”

Featuring world-class amenities and design, LATITUDE MARGARITAVILLE Hilton Head will boast a resort-style pool, fitness center, social hall, game and hobby rooms, arts and learning programs, indoor and outdoor dining with signature food and beverage concepts and tennis and pickleball courts. A destination retail center, developed in partnership with Sutton Holdings, will consist of a Margaritaville signature- concept restaurant, specialty stores, grocery store and entertainment venues.

“The Hilton Head area has long been an established coastal destination for those seeking fun, sun, golf and water,” notes Minto Senior Vice President William Bullock. “Through our partnership with Margaritaville, we are redefining active adult living, focusing on the creation of iconic locations to live inspired- by the food, fun and music of the Margaritaville lifestyle. LATITUDE MARGARITAVILLE Hilton Head will be influenced by the spectacular South Carolina setting and charming classic coastal architecture.”

LATITUDE MARGARITAVILLE Hilton Head is located on Highway 278, two-and-a-half miles east of I-95 in the city of Hardeeville, South Carolina – the scenic gateway to world-famous Hilton Head Island and within nearby proximity to the historic cities of Savannah, GA and Charleston, SC. Current plans call for 3,000+ homes with a wide range of home designs and floor plans starting in the low $200’s. Development will begin immediately with a sales center opening targeted for early 2018.

In February 2017, Minto and Margaritaville Holdings announced their partnership, combining Minto’s years of experience in building award-winning communities and homes with Margaritaville’s unique and proven ability to deliver fun and escapism, to present LATITUDE MARGARITAVILLE in some of the nation’s most popular destinations. The groundbreaking ceremony took place in March 2017 for the first LATITUDE MARGARITAVILLE community in Daytona Beach, Florida. That sales center opens later this fall and model homes are scheduled to open in early 2018.

For more information on LATITUDE MARGARITAVILLE and to sign up to receive regular development updates, visit www.LatitudeMargaritaville.com.

For more information on Margaritaville, visit www.margaritaville.com. Follow Margaritaville on Facebook at www.facebook.com/margaritaville, and on Twitter and Instagram at @Margaritaville.

For more information on Minto, visit www.MintoUSA.com. Follow Minto on Facebook at www.facebook.com/MintoUSA, and on Twitter and Instagram at @MintoFlorida.

For more information about retail opportunities, contact Sutton Holdings by calling Robert Sutton at 727-345- 2696 or emailing Sam Sutton at [email protected].

About Minto Communities

Minto Communities, based in Florida since 1978, has represented integrity, financial strength and enduring value for nearly 40 years. Minto builds exceptional new homes and communities to meet every lifestyle, with more than 25,000 new homes built in 44 communities. Minto is dedicated to continuous improvement in design, quality and customer experience. Applauded and recognized as an expert in building active-adult communities, Minto was awarded “Best Floor Plans for 50+” from Ideal-Living magazine.

These are just some of the elements that set Minto apart as an exceptional home builder and community developer, and have earned the company national recognition that includes consistently high rankings from Eliant Customer Service Surveys. Minto has earned multiple national awards for community and home design, including 2016 Best Mixed-Use Community and 2017 Best Clubhouse from the National Association of Home

Builders (NAHB) for The Isles of Collier Preserve community in Naples, Florida; and 2016 Best Clubhouse from NAHB for the Harbour Isle Beach Club in Sarasota-Bradenton, Florida.

About Margaritaville

Margaritaville is a global brand inspired by the lyrics and lifestyle of singer, songwriter and author, Jimmy Buffett, whose songs evoke a passion for tropical escape and relaxation. Since launching its first restaurant location in Key West, Fla. in 1987, Margaritaville has become America’s leading lifestyle escapism brand.

Today, Margaritaville features nine destination resorts/hotels across the Southeast United States and Caribbean and eight additional locations in active development; four gaming locations; and more than 60 food and beverage locations including signature concepts such as Margaritaville Restaurant, award-winning JWB Prime Steak and Seafood, 5 o’Clock Somewhere Bar & Grill and LandShark Bar & Grill, among others. More than 15 million travelers every year change their latitude and attitude with a visit to a Margaritaville residential real estate destination, vacation club/vacation home rental, restaurant and full-service AAA Four-Diamond resort.

Consumers can also escape everyday through a collection of Margaritaville lifestyle products including apparel for men and women, footwear, frozen concoction makers, home décor and more. Additionally, the brand’s food, beverage and spirits lines – including Margaritaville tequilas, rums, LandShark Lager and Island Tea – deliver authentic, tropical escapism to fans around the world. Margaritaville, a state of mind since 1977.

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