Andrew J. Groveman   
Senior Vice President
Belz Enterprises
(901) 260-7278

Erin Jenkins

Jane Webster
Director of Marketing
VF Factory Outlet
(610) 208-5573



"Fill the Bus" Donations Accepted at Belz Factory Outlet World Through July 20

ST. AUGUSTINE, Fla., (July 15, 2003) - As the back-to-school frenzy approaches, VF Factory Outlet and Belz Factory Outlet World - St. Augustine are helping needy children and teachers better prepare for the upcoming school year.

VF Factory Outlet at Belz Factory Outlet World - St. Augustine will collect donated classroom supplies for teachers as part of its "Fill the Bus" program through July 20. Because the average teacher spends about $250 out of pocket for classroom supplies each year, VF Factory Outlet started the nationwide program in 2001 to alleviate teachers' classroom budget shortage.

"At VF Factory Outlet, we know that teachers are faced with an overwhelming shortage in funds as they endeavor to educate tomorrow's leaders," commented VF Factory Outlet President Prakash Bhatt. "Our team at Belz Factory Outlet World - St. Augustine is working to engage the community's support in filling this critical need for classroom supplies."

Shoppers can bring their donations to the school bus-shaped box inside the VF Factory Outlet store at Belz Factory Outlet World - St. Augustine. Those donating classroom supplies will receive a 20 percent off any item coupon at VF Factory Outlet.

In addition to collecting supplies at VF Factory Outlet, Belz Factory Outlet World - St. Augustine will host a car wash at the mall to benefit the "Fill the Bus" program. The donated classroom supplies and money will be presented to three St. Augustine schools in a July 26 presentation ceremony. The presentation will be part of the Belz Factory Outlet World - St. Augustine Fourth Anniversary Celebration.

Located at 500 Belz Blvd. in St. Augustine, Belz Factory Outlet World is open Monday through Saturday from 9 a.m. to 9 p.m. and on Sunday from 1 p.m. to 6 p.m.

About VF Factory Outlet

VF Factory Outlet is headquartered in Reading, Penn., where it first opened its doors in 1970. Its 5,000 square-foot space was separated from the manufacturing machines by a simple curtain. VF is generally recognized for starting the outlet shopping phenomenon and still attracts millions of shoppers annually with its name brands and sharp pricing policy. Today, VF Factory Outlet operates 67 stores in 27 states, along with outlet malls in Reading, Penn. and North Dartmouth, Mass. VF Factory Outlet is the retail outlet division of VF Corp, the world's largest publicly held apparel company, headquartered in Greensboro, NC.

About Belz Enterprises

With headquarters in Memphis, Belz Enterprises is a multi-faceted real estate company with more than 30 million square feet of developed property, including more than 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 Belz Designer Outlet Centre. Belz is a partner in B.T. Orlando Limited Partnership, which owns Festival Bay at International Drive, Orlando's newest lifestyle retail and entertainment establishment. In 2001, the firm opened Belz Factory Outlet World-Puerto Rico, the first enclosed factory outlet mall on Puerto Rico. In addition, Belz operates 100 Oaks Mall in Nashville, Tenn. The company also has 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, Ark.