Fortune Real Estate Development Corporation Kicks Off Road Show November 4


ORLANDO, Fla. , Oct. 27, 2004 (PRIMEZONE) -- Fortune Real Estate Development (Pink Sheets:FRDJ) kicks off its promotional road show on November 4, 2004. This campaign, which is planned to cover most of the continental United States over the next 12 months, will start with a presentation at the Sheraton Hotel in Hollywood, Florida where the company will outline future plans to its investors.

This campaign is designed to create awareness and to educate the public about what Fortune is doing in the real estate market.

Fortune Real Estate Development Corporation (FRDJ) focuses primarily on purchasing hotels and apartment buildings and converting them to condos. These condos are then sold off to individual purchasers. This concept is becoming increasingly popular and has grown tremendously over the past 4 years.

For more information visit: http://www.fortunerealestatedevelopment.com Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.


            

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