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


FRANKLIN MINT OPENS ITS DOORS AT
BELZ FACTORY OUTLET WORLD-LAS VEGAS

LAS VEGAS -October 2002 - The Franklin Mint, the premier collectibles and giftware company, has opened a 1,776 square-foot store in Mall I at Belz Factory Outlet World-Las Vegas. The Franklin Mint specializes in heirloom-quality collectibles that reflect cultural icons, such as Jacqueline Kennedy-Onassis, Princess Diana, Frank Sinatra, Harley-Davidson Motorcycles and John Deere tractors, as well as items that symbolize religious commitment, ethnic heritage and environmental respect.

"We are delighted that the country's most highly respected name in fine heirloom quality collectibles has chosen Belz Factory Outlet World as its retail home in Las Vegas," said Andrew J. Groveman, president of the Factory Outlet Division of Belz Enterprises. "Stores in the collectible merchandise category, such as the Franklin Mint and Royal Doulton, have always performed quite well at Belz Factory Outlet World-Las Vegas. We fully expect this location to become one of the Franklin's Mint's top performing stores nationwide."

The Franklin Mint is the largest, most successful direct marketer of personal works of art and collectibles in the world. Its headquarters are located in Southeastern Pennsylvania and the company's products, renowned for artistic excellence and quality craftsmanship, are sold in more than 15 countries around the world.

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.

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