Manchester Resorts to Announce Major Development for San Diego's Embarcadero, Convention/Tourism Industry; Firm's Leaders Will Outline Next Steps in Development of Much-Needed Convention Headquarters Hotel

SAN DIEGO, July 3, 2001 (PRIMEZONE) -- MEDIA ALERT --

 WHAT:   Announcement of financing details and construction timeline
         for a 33-story, 750-room tower adjacent to the existing Hyatt
         Regency San Diego hotel.  
 
 WHERE:  Hyatt Regency San Diego
         Windsor Room, 3rd Floor
         One Market Place
         San Diego, California, 92101
 
 WHEN:   July 5, 2001
         11 a.m. PDT
 
 WHO:    Jim Bailey, president and CEO, Manchester Resorts
         Peter Litrenta, senior vice president, Manchester Resorts
 
 VISUAL: Architectural renderings of the hotel expansion and photo op
         of site.
 
 NOTE:   Parking for broadcast vans available immediately outside the
         hotel's main entrance. Please enter from the main lobby.