Caldwell Companies Welcomes Locke as Sales and Marketing Manager of Towne Lake Development.

HOUSTON, TEXAS (Feb. 21, 2008)—Caldwell Companies, a leading Houston real estate developer, announced today that Barbara Locke has joined the Caldwell Companies team as Sales and Marketing Manager of the Towne Lake Development in Northwest Houston.

With almost 25 years of experience in real estate sales and marketing, Locke brings a wealth of experience to her new position. Before joining Caldwell, Locke helped run marketing programs for two Houston developers. Prior to that, she spent 17 years as the director of special events for the Greater Houston Builders Association.

“Caldwell is very happy to have someone of Barbara’s caliber join our team as we build Towne Lake into the best custom designed active adult and mixed use community in Northwest Houston,” said Fred Caldwell, CEO, Caldwell Companies. “We look forward to continued excitement as Towne Lake continues to be built out.”

“It is really exciting to join Caldwell Companies and lead the sales efforts of the incredible Towne Lake development,” said Barbara Locke. “The next few years will be very fast paced, but we’re determined to create a place that our residents will be proud of for generations to come.”

For more information, contact: www.Townelaketexas.com or Caldwell Companies at www.caldwellcos.com or call 281.256.2772.