121 West Trade Street
27th Floor
Charlotte, NC 28202

FOR IMMEDIATE RELEASE

May 8 , 2007

Faison Project Wins Achievement Award

Charleston, SC  —  May 8, 2007 — Faison is pleased to announce that the Hagemeyer North America Corporate Office project in Mt. Pleasant, SC has won an achievement award from the Tilt-Up Concrete Association.

This Achievement Awards program was established by TCA to recognize outstanding site cast Tilt-Up structures and advances in technology, products and methods used in the Tilt-Up industry. This year, a panel of judges reviewed 94 projects representing the membership categories within TCA. A total of 33 projects received awards.

“This process was selected early in this project’s development phase because it was the most durable and economical method of construction,” commented Jim Apple Executive Vice President of Commercial and Residential Development for Faison, “we are always looking for the best materials available that can also accommodate our demanding deadlines.”

Choate Construction, Mt. Pleasant, SC acted as General Contractor and Charter Concrete, Charlotte, NC was the Tilt-Up Contractor for this project.

Faison Enterprises, Inc. is a privately-held development company with a diversified product portfolio that includes retail, commercial and residential project development, management and acquisitions services. With more than 45 years in the business and holdings of approximately $1 billion, including $600 million of new projects under development, the Charlotte NC based company manages and develops properties throughout the Mid-Atlantic and South and maintains regional offices in Bethesda MD, Washington D.C., Charlotte NC, Atlanta GA, and Orlando FL. For more information, visit www.faison.com

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