ARTICLES

UNIQUE ROCK VIBE

    ORLANDO, Fla., March 17, 2009 Lagomar Properties, Inc. today
announced the commencement of condo-sales for the Hard Rock Hotel Panama, a
400+-room luxury condo-hotel resort development on the Pacific Ocean. The
resort will feature outstanding oceanfront views along 1,200 feet of
Panama's coast. The tropical location, combined with Hard Rock's renowned,
luxurious quality standards, offers a unique destination resort for one of
the world's most globally recognized brands.

    The Hard Rock Hotel Panama will be located near Coronado Beach less
than an hour southwest of Panama City in the tourist area known as "the dry
arch" and the "Southern California of Central America", a consistently
sunny area in this often-rainy equatorial region. The hotel will be
situated on 35 acres of elevated, lightly forested seaside plateau,
including miles of sparkling white sand beaches and towering palms. A
tropical river sweeps around the property from the southeast to southwest.

    "We are excited to bring the Hard Rock Hotel experience to these
pristine Pacific beaches," says Wayne Bryan, CEO of Lagomar Properties,
Inc. "Hard Rock's blend of luxury and lifestyle provide an unparalleled
visitor experience."

    The Hard Rock Hotel Panama will offer over 400 elegant guestrooms
including 'rock-star suites', a signature trademark of the Hard Rock
brand-, luxury "swim-out" rooms, double suites and villa suites, highland
Golf Villas, quiet Spa Villas and cantilevered riverside Eco Villas. The
eco-sensitive design of the hotel will incorporate Panamanian culture from
Spanish colonial to Kuna motifs within a very up-to-date, expansive
context. Planned attractions currently include a 200,000 square foot pool,
two-signature restaurants featuring the best South American chefs and
cuisine, a signature bar offering sophisticated adult nightlife and
dancing, the exclusive luxurious Rock Spa(R) with floating treatment
cabanas, an innovative group treatment building for wedding parties and
other groups and unique couples packages. Additionally, there will be a
ballroom that can accommodate live performances, business groups and
conferences. A smaller ballroom will also be on-site for more private,
intimate affairs and there will be dedicated children's areas and
activities for family vacationers. The resort is part of a planned
destination complex currently set to include an 18-hole golf course.

    About Lagomar Properties, Inc.

    From the rain forests of Costa Rica to the desert oasis of Las Vegas,
the Lagomar team brings a wealth of experience in envisioning and building
world-class lifestyle destinations. Lagomar resorts boast everything from
trend-setting design and environmentally-friendly construction to
innovative financing in an effort to create a rewarding experience for
everyone from guests to investors. For the past two years the team has been
focused exclusively on the Panama project, covering thousands of miles of
coastline to find the ideal place for a luxury resort destination. Lagomar
Properties are committed to bringing an unequalled, ecologically conscious
vacation experience to visitors from around the world. For sales or broker
information go to http://www.lagomarpanama.com or email info@lagomarpanama.com or
call 804-726-6500. Information about the Panama project can be found at
http://www.hardrockcondospanama.com.

    About Hard Rock International

    With 124 high-energy Hard Rock Cafes and nine Hotels/Casinos in 50
countries, Hard Rock International is one of the world's most globally
recognized brands. Beginning with an Eric Clapton guitar, Hard Rock owns
the world's greatest collection of music memorabilia, which is displayed at
its locations around the globe. Hard Rock is also known for its collectible
fashion and music-related merchandise, Hard Rock Live performance venues
and an award-winning website. In addition to the two flagship Seminole Hard
Rock Hotels and Casinos in Tampa and Hollywood, Fla., Hard Rock
Hotels/Casinos are located in Las Vegas, Biloxi, Orlando, Chicago, San
Diego, Pattaya and Bali. Additional hotel and casino projects have been
announced in Macau and Penang, both scheduled to open in 2009; Palm
Springs, Atlanta and Panama, scheduled to open in 2010; Dubai, scheduled to
open in 2011; and Abu Dhabi, scheduled to open in 2012. Hard Rock
International, Inc. is owned by Seminole Hard Rock Entertainment, Inc. For
further details on Hard Rock Hotels and Casinos, visit
http://www.hardrockhotels.com. For more information on Hard Rock International,
visit http://www.hardrock.com.

    DISCLAIMERS

    THE CONDOMINIUM UNITS ARE NOT OWNED, DEVELOPED OR SOLD BY, OR UNDER
COMMON OWNERSHIP OR CONTROL WITH, HARD ROCK LIMITED, HARD ROCK HOTEL
LICENSING, INC. OR HARD ROCK CAFE INTERNATIONAL (USA) INC., OR ANY OF THEIR
AFFILIATES (COLLECTIVELY, "HARD ROCK"). LAGOMAR PROPERTIES, INC. AND COTON
S. DE R.L. ("DEVELOPER") USES THE HARD ROCK TRADEMARKS UNDER A LICENSE
AGREEMENT, WHICH LICENSE AGREEMENT MAY BE TERMINATED IN ACCORDANCE WITH THE
TERMS AND CONDITIONS THEREOF. THE LICENSE AGREEMENT IS LIMITED IN DURATION
AND THERE IS NO GUARANTY OR OTHER ASSURANCE OF ANY KIND THAT THE HOTEL WILL
CONTINUE TO BE ASSOCIATED WITH THE HARD ROCK SYSTEM FOR ANY PERIOD OF TIME.
CONDOMINIUM UNIT OWNERS WILL NOT OWN ANY INTEREST IN THE LICENSE AGREEMENT,
IN HARD ROCK OR IN THE HOTEL MANAGEMENT AGREEMENT BETWEEN HARD ROCK AND
DEVELOPER. THE CONDOMINIUM UNITS PURCHASED BUT NOT PARTICIPATING IN THE
RENTAL MANAGEMENT PROGRAM WILL NOT BE PART OF, OR OPERATED AS PART OF THE
HOTEL, ALTHOUGH SUCH UNITS WILL BE LOCATED WITHIN THE SAME BUILDINGS AS THE
CONDOMINIUM UNITS THAT ARE PART OF THE HOTEL. THE CONDOMINIUM UNIT OWNERS
AND PURCHASERS OF THE CONDOMINIUM UNITS WILL OBTAIN NO RIGHT TO ANY LICENSE
AGREEMENT OR TO ANY HARD ROCK TRADEMARKS AND WILL NOT BE PERMITTED TO REFER
TO OR UTILIZE ANY HARD ROCK TRADEMARKS IN CONNECTION WITH ANY RESALE,
RENTAL OR OTHER USE OF THEIR CONDOMINIUM UNIT. HARD ROCK HAS NOT
PARTICIPATED AND WILL NOT PARTICIPATE IN ANY MANNER IN THE SALE AND
MARKETING OF THE CONDOMINIUM UNITS AND HAS NOT AND WILL NOT ACT AS A BROKER
OR AGENT IN CONNECTION WITH ANY CLOSING. HARD ROCK HAS NOT IN ANY WAY
PASSED ON THE MERITS OF, OR THE MATTERS SET FORTH IN, THIS ADVERTISEMENT OR
ANY MARKETING MATERIALS.