Contact: Erin Brock
CKPR
407-541-0812
ebrock@ckpramplified.com
or
Andrew J. Groveman
Belz Enterprises
901/260-7348

Belz Factory Outlet World – Las Vegas Launches Belz Bucks Coupon Book Program

Shoppers Save Up To $300 On Merchandise Mall-Wide

(Las Vegas, NV) May 8, 2002 — Belz Factory Outlet World – Las Vegas has just introduced a new coupon book program that can save shoppers up to $300 on purchases at leading brand-name stores throughout the mall.

A variety of brand name stores across a broad range of merchandise categories are participating in the Belz Bucks program. Here's just a sample of the current savings offered in the Belz Bucks coupon book: Bostonian-Clarks is offering 15 percent off any total purchase; Royal Doulton is offering $10 off any purchase of $50 or more; Reebok is offering $10 off any purchase of $75 or more; Hush Puppies is offering $10 off any purchase of $50 or more; and Pfaltzgraff is offering a buy more, save more promotion with $5 to $20 off purchases from $35 to $80 or more. In addition, several food court tenants are offering savings on sandwiches and salads or free drinks with a food purchase.

"We're introducing the Belz Bucks coupon book as an added incentive to shop with us," said Andrew J. Groveman, President of the Factory Outlet Division of Belz Enterprises. "We know consumers have many choices about where to shop, but when they consider the significant dollars-off savings at our outlet stores that already offer merchandise at up to 75 percent off retail, as well the free bonuses the Belz Bucks coupon book offers, theyÕll be convinced that our values are the best in the market. We also see the Belz Bucks coupon book program as a thank-you to our many loyal shoppers who give us repeat business year after year."

Shoppers can pick up a Belz Bucks coupon book at the information booth and the mall office at Belz Factory Outlet World – Las Vegas.

Located on Las Vegas Boulevard, just south of the famous Las Vegas strip, Belz Factory Outlet World – Las Vegas is open Monday through Saturday from 10:00 a.m. to 9:00 p.m., and on Sundays from 10:00 a.m. to 6:00 p.m.

With headquarters in Memphis, Belz Enterprises is a multi-faceted real estate company with more than 30 million square feet of developed property including over 40 shopping complexes, ranging from community shopping centers to regional malls. Belz developed and manages Factory Outlet Worlds in Lakeland and Pigeon Forge, Tenn., Las Vegas, Nev., St. Augustine, Fla. and Orlando, Fla., where the company also operates the Belz Designer Outlet Centre. In 2001, the firm opened Belz Factory Outlet World-Puerto Rico, the first enclosed factory outlet mall on Puerto Rico. In addition, Belz operates the 100 Oaks Mall in Nashville, Tenn. The company has also developed and owns a group of premier hotels, including the flagship Peabody Hotels in Memphis and Orlando and the recently opened Peabody Hotel in Little Rock, Arkansas.