BAHA MAR AND THE TPC NETWORK ANNOUNCE TPC AT BAHA MAR

The 18-Hole, Par-72 Jack Nicklaus Signature Design Course is the
TPC Network’s First Caribbean Golf Course

NASSAU, THE BAHAMAS – November 18, 2014 – Baha Mar, the $3.5 billion integrated gaming resort opening in the Spring of 2015 in Nassau, The Bahamas, has partnered with the PGA TOUR’s TPC Network to announce TPC at Baha Mar. The Jack Nicklaus Signature Golf Course is TPC Network’s first Caribbean golf course and will be a complement to the resort’s elite collection of hotel brands – The Baha Mar Casino & Hotel, Rosewood Hotels & Resorts®, Grand Hyatt and SLS LUX – as well as an ESPA spa and a myriad of other remarkable experiences.

“We are very proud that TPC at Baha Mar is the newest property in the PGA TOUR’s prestigious TPC Network of resort and private golf courses,” said Sarkis Izmirlian, Chairman and Chief Executive Officer of Baha Mar. “We’re committed to looking for the most extraordinary partners from around the world, whether it is at tee time or dinner time, to bring the best of the best to our guests at the new Bahamian Riviera.”

“The PGA TOUR is thrilled to expand the TPC Network’s brand presence into the Caribbean for the first time by partnering with Baha Mar’s visionary resort destination,” said Charles Zink, PGA TOUR Co-Chief Operating Officer. “TPC at Baha Mar truly epitomizes the standard of excellence and tournament-hosting capabilities for which TPC courses are recognized worldwide.”

Receiving the ongoing, hands-on personal attention of legendary golf course designer Jack Nicklaus, the 7,189-yard TPC at Baha Mar blends beauty, challenge, playability, and memorable aesthetics. Offering “two courses in one,” with the front nine providing dramatic play highlighted by ocean views and other water features, and a back nine that winds through in-land forest of native habitat and an unexpected amount of natural topography, the course features bunker placement and green design that incorporate the contours of the local landscape while creating a scenic golf course to be enjoyed by a broad variety of players.

The design of TPC at Baha Mar made a point to focus on preservation and has recently registered as a member of the Audubon International Classic Program, actively seeking certification from the environmental education organization dedicated to providing people with the education and assistance they need to practice responsible management of land, water, wildlife, and other natural resources. To that end, the golf course’s salt-tolerant Platinum Tiff Eagle Paspalam turf grass will be irrigated with treated water from the resort. Additionally, the course is home to 15 species of native trees, including protected Mahogany, Silk Cotton, Caribbean Pine and Buttonwood, as well as Red and Black Mangroves. More than 70 species of birds, including the Bahama Woodstar, Egret, and Osprey can also be found on the course while the wildlife in the surrounding lake includes Terrapin and Mosquito fish species. A hidden cave with a protected family of indigenous bats has also been preserved within the course.

When it comes to rest and relaxation before or after play, the Royal Blue Clubhouse, highlighted by its traditional Bahamian architecture, features a bar and grill restaurant serving breakfast and lunch. The clubhouse also includes an open courtyard overlooking the golf course, as well as locker rooms and a golf shop.

The addition of TPC at Baha Mar to the PGA TOUR’s TPC Network signifies the continued growth of the TPC brand, following the October 2014 opening of TPC Cartagena at Karibana, located in Cartagena, Colombia. TPC at Baha Mar will open in the Spring of 2015 and is the 33rd inclusion to the TPC Network of clubs and the second international property in the portfolio.

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About Baha Mar

Baha Mar is set on 3,000 feet of white sandy beach just 10 minutes from Nassau’s fully renovated and expanded international airport. It will feature an elite collection of hotel brands with gaming, entertainment, private residences, shopping and natural attractions that reflect an authentic Bahamian experience. The resort’s Grand Opening celebration is planned for Spring 2015. The Baha Mar Casino & Hotel includes a 1,000-room hotel and a 100,000-square-foot Las Vegas-style casino. Baha Mar also will include a 700-room Grand Hyatt, a 300-room SLS LUX, and a 200-room Rosewood at Baha Mar. Amenities will include a Jack Nicklaus Signature golf course; 200,000 square feet of flexible convention facilities, including a 2,000-seat entertainment venue; an ESPA spa; art galleries featuring Bahamian art; more than 40 restaurants, bars and clubs; global luxury designer and local artisan boutiques; and 20 acres of exquisitely landscaped beach and pool experiences, including a beachfront sanctuary with native Bahamian flora and fauna. In addition, upon completion of renovations, the all-inclusive Meliá Nassau Beach will become part of Baha Mar. For more information please visit www.bahamar.com.

About the TPC Network

Licensed by the PGA TOUR, the TPC Network is comprised of 33 premier private, resort and daily fee golf properties designed by some of golf’s most elite architects. Twenty of the clubs are operated by affiliates of PGA TOUR Golf Course Properties, Inc. Each TPC has hosted or has been designed to host TOUR-sponsored golf tournaments. Since TPC Sawgrass first opened its world renowned PLAYERS Stadium Course in the fall of 1980, TPCs have provided the PGA TOUR with rent-free venues for tournaments, helping to boost championship golf purses and increasing charitable donations to grass roots non-profit organizations. At the same time, TPCs have provided recreational golfers with the unique opportunity to test their skills on the same layouts where the world’s best golfers compete.

TPCs are known for their outstanding conditioning and amenities, as well as a commitment to environmental excellence. The TPC Network is also distinguished by its unwavering commitment to further the PGA TOUR’s “Together, anything’s possible” giving back mission through support of charitable and community-based programs. For more information, please visit www.tpc.com. For the most up-to-date news, follow the TPC Network on Twitter (@PlayTPC), Instagram (@PlayTPC) or Facebook.com/TPCNetwork.

About Nicklaus Design

Nicklaus Design, the global firm founded by golf legend Jack Nicklaus, is widely regarded as the world’s leading golf course design firm. The company operates from a philosophy of working closely with clients, enhancing the natural environment, and creating courses that are both challenging and enjoyable for players at all levels. Nicklaus Design courses have hosted a combined total of more than 750 professional golf tournaments worldwide, including the PGA TOUR. The company is currently developing projects in 20 different countries. Baha Mar is the firm’s first design in the region.

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