Contact: Erin Brock

Andrew J. Groveman
Belz Enterprises


Mall Adds Casual Corner Outlet, Impact Sports, Kitchen Collection and All Seasons

ORLANDO, Fla., (Apr. 16, 2003) - In addition to its recent façade renovation project, the face of Belz Factory Outlet World - Orlando continues to change with the addition of four new factory outlet stores.

A 7,600 sq. ft. Casual Corner Outlet store featuring Casual Woman and Petite Sophisticate is set to open in late April. The store is located at the former location of Pfaltzgraf, which has moved into a newly remodeled and expanded 17,400 square-foot space in Mall I. Pfaltzgraf's new upscale décor and expanded product offering is ready for shoppers to enjoy. All Seasons also will bring its line of swimwear to a new 2,500 sq. ft. store this Spring.

Two new retailers opened last fall. Impact Sports, which features team sports apparel and collectibles, opened a new 2,500 square-foot store. Additionally, popular name brand kitchen supplies retailer Kitchen Collection opened a 3,500 sq. ft. store, which offers cookware, bakeware, small appliances, table service and kitchen décor.

"With these exciting outlet store additions, Belz Factory Outlet World renews its commitment to offering shoppers the most brands and the best values in Orlando and beyond," said Belz Enterprises Senior Vice President Andrew J. Groveman.

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. 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.