Contacts:
Amy Thomas
Thompson & Company
(901) 251-5186
or
Andrew J. Groveman
Belz Enterprises
(901) 260-7278

U.S. Fish & Wildlife Service to Open Wildlife Inspection Office at Belz Property

MEMPHIS, Tennessee, April 25, 2005 – The U.S. Fish & Wildlife Service is opening a new Wildlife Inspection Office at Democrat Square South, next to the United States Customs and Border Protection Customs House on Tchulahoma and Knight Arnold Road.

The agency investigates wildlife crimes, regulates wildlife trade, educates the public concerning wildlife laws, and works with international, state and other organizations to conserve wildlife resources.

The office at Democrat Square South will be used as a base for inspections of imports and exports of wildlife and wildlife products by passenger, airline, rail, shipping, and delivery services.

When the Port of Memphis received its designation on January 5, 2005, it began accepting international imports and exports of wildlife. The new headquarters is in close proximity to the United States Customs office, a critical factor in facilitating prompt inspections of international shipments as they arrive.

About Belz

Headquartered in Memphis, Tennessee, Belz is a leading innovator in real estate development with interests throughout the Southern United States. Belz develops, owns and/or manages more than 30 million square feet of industrial/warehouse/distribution centers, shopping centers, office buildings, mixed-use centers and corporate campuses. The company also owns a group of premier hotels, including The Peabody Hotels in Memphis, Orlando and Little Rock. Additional information about Belz is available at www.belz.com.