MBK Homes Receives Eliant Award For 2nd Consecutive Year, Ranking #1 Nationwide in Overall Purchase & Ownership Experience

MBK HOMES RECEIVES ELIANT AWARD for 2nd CONSECUTIVE YEAR, RANKING #1 NATIONWIDE IN OVERALL PURCHASE & OWNERSHIP EXPERIENCE Homebuilder's Sales Team Also Ranked #1 in Purchase Experience and Recognized With Top Honors in Remaining Five Categories o

MBK Homes, a division of MBK Real Estate Ltd., has earned the prestigious Eliant Award for the second consecutive year, ranking the homebuilder as number one in the nation by buyers for purchase and ownership experience. Measurement for MBK Homes' number one ranking is based on 2010 ratings of Eliant's "Key Measures" questions at buyer move-in and year-end. The key measures questions include three categories - Overall Quality, Builder Met Commitments and Customer's Willingness to Refer a Friend. The number one ranking achieved by MBK marks the homebuilder's commitment to stellar customer service and the quality of the homes it builds. MBK also earned top rankings in all survey categories established by Eliant, which is the largest independent consumer research company in the country catering exclusively to the building industry.

"The Eliant Award ranks MBK Homes number one nationwide by buyers, indicating their purchase and ownership experience with MBK is exceptional," said Robert Mirman, founder and CEO for San Clemente-based Eliant. "Securing so many top rankings in our survey is a major accomplishment especially considering the level of competition in the builder market today."

In addition to winning the top award in the nation, MBK's sales team received the number one nationwide ranking in Purchase Experience for the Home Buyers' Choice Awards. MBK also scored top rankings in all remaining five categories measured by the research company, including high marks for Customer Service Experience, Overall First Year Quality, Design Selection and Highest Percentage of Sales from Referrals. All results are based on Eliant's 2010 annual report, presented in conjunction with Newport Beach, California based Real Estate Temps, covering thousands of buyers from across the country who returned surveys between January 2, 2010 and December 31, 2010 regardless of closing date. The results measure more than 55,000 surveys administered nationwide on behalf of 190 homebuilders.

"The MBK Homes team is thrilled to receive the Eliant Award and such high rankings from our customers," stated Tim Kane, president of MBK Homes. "This recognition means that we are accomplishing our goals of providing our customers with incredible service throughout the home-buying process as well as quality homes to live in."

About MBK Homes
MBK Homes is active in the development of both attached and detached housingproduct, catering primarily to first-time and first and second move-up homebuyers throughout California. MBK Homes prides itself on its award winning customer satisfaction and its reputation for delivering quality housing that is innovative in design, comfort and craftsmanship, all at an excellent value. For more information, visit the company's website at www.mbkhomes.com.

MBK Homes is a division of MBK Real Estate Ltd., the U.S. real estate development arm of Mitsui & Co., Ltd., one of the world's largest corporations. MBK Real Estate's multidisciplinary concerns span a wide spectrum of real estate development, including homebuilding, retail and senior housing divisions.

MBK Real Estate Ltd. is headquartered in Irvine, CA, with regional offices in Portland, OR. Corporate offices are located at 175 Technology Drive, Irvine, CA 92618; phone (949) 789-8300; fax (949) 789-9300; or visit its Web site at www.mbk.com.