Palace Resorts Announces The Grand Opening Of The Jack Nicklaus Signature Golf Course At Moon Palace Golf Resort

MIAMI - November 7, 2002 - The first Jack Nicklaus Signature Golf Course in the Cancun area, designed exclusively for Palace Resorts, opens today at the Moon Palace Golf Resort in Cancun, Mexico.

"We anticipate this championship golf course to boost Cancun's appeal as a new golf destination," said Roberto Chapur, president of Palace Resorts.

"Our goal was to design a golf course that would be fun and memorable to players of all levels. Perhaps one day, other courses in the region will try to compare themselves to Moon Palace," said Jack Nicklaus.

Created to suit Moon Palace's clientele and harmonize with the tropical lushness of Cancun, this 7,165-yard, par-72 golf course features four sets of tees and is lined with native jungle vegetation, natural wetlands and strategically placed bunkers. Highlights include: hole #17; a 151-yard, par-3, that plays to an island green; the #6 hole is a 336 yards drivable par-4, with a carry over water; and the finishing hole is a strong par-4 that plays 446 yards.

All-inclusive packages at Moon Palace Golf Resort feature luxurious accommodations, taxes and gratuities, all meals and snacks, domestic and imported beverages, non-motorized water sports, nightly entertainment, and unlimited selected tours.

All-inclusive golf packages include unlimited golf at the new Jack Nicklaus Signature Golf Course and at The Golf Club at Playacar, shared cart, all snacks and beverages, and round-trip transportation to both courses. All-inclusive golf packages are available to guests staying at Moon Palace Golf Resort, Sun Palace, Aventura Spa Palace, and Xpu-H‡ Palace. In addition to the all-inclusive golf package, individual rounds of golf may also be purchased.

Moon Palace Golf Resort features 2,031 luxurious rooms (most with ocean view) with double Jacuzzis, private balconies, in-room safes, individually controlled air conditioning, satellite TV, mini-bars, and some rooms are fully-equipped with data ports.

Palace Resorts is Mexico's best-kept secret, with six all-inclusive resorts in Cancun and the Riviera Maya. For information on any Palace Resorts vacation property, please call (800) 635-1836 in the United States and Canada, (34) 91-352-71-25 in Europe/Spain, and (52-998) 881-6088 in Mexico. Visit Palace Resorts on the Internet at www.palaceresorts.com.