Juanillo, Dominican Republic, November 9, 2011 - Cap Cana, S.A. (“Cap Cana” or “the Company”) announced today that it will not be able to make the interest payment originally due on October 31, 2011 to the holders of the 10% Senior Secured Notes due 2016 (the “2016 Notes”). The amount of interest due is approximately $4.8 million. The Company further announced that, based on its currently projected cash flows, it will not be able to resume interest payments on the 2016 Notes for the foreseeable future.

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PUNTA CANA.- La Fundación Ecológica Punta Cana, Cap Cana, Fishing Lodge y el Consejo Dominicano de Pesca y Acuicultura (CODOPESCA) han firmado un acuerdo para capacitar y organizar los pescadores de la costa Este de República Dominicana y crear alternativas de empleo a la pesca, integrado con el turismo sostenible.

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Punta Cana – September 6, 2011 – Paolo Sanavia has been appointed as Solaya Hotels & Resort’s new Chief Executive Officer (CEO). Solaya Hoteles & Resorts is a private company dedicated to develop luxury boutique hotels. The appointment was announced by Mr. Massimo Mazzarella, President of the group, as a demonstration of the company’s strategy to strengthen its operations in the Dominican Republic, and set the ground for the group’s future projects in Latin America and United States.

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Cap Cana, Dominican Republic (June 16, 2011) - The Environmental Protection Department at Cap Cana has initiated a program along with its collaborates, residents and visitors in order to preserve and protect the Sea Turtles, soon expected to arrive at our littoral to complete their life cycle.

Every year from March to October, this noble and harmless species approaches our coast to be able to reproduce, being the period from June to October, during the night time, the months with higher possibility to spot them while nesting.

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Cap Cana,Dominican Republic (June 13, 2011) - Fishing Lodge Cap Cana, the highly anticipated luxury resort development on the Eastern tip of the Dominican Republic, is scheduled to open to guests as a Salamander Resort on October 1, 2011, and begin taking reservations in July.

Fishing Lodge will include 302 spacious, Mediterranean-style villas with stunning marina views, designer furnishings and innovative architecture – 220 of which will be available to resort guests.

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Cap Cana - Wednesday March 22, 2011- Beginning in mid May, Cap Cana Marina, the Caribbean’s newest sportfishing “hot spot,” is set to celebrate its annual Fishing Season for the third consecutive year.  Both national and international anglers are expected to participate, representing countries and clubs from the United States, Europe, South America and various parts of the Caribbean. Including, Puerto Rico, Venezuela, Aruba, the Bahamas and Virgin Islands. 

The Puerto Rico Light Tackle Anglers, based out of the San Juan Yacht Club, will initiate the season with their annual tournament May 25 -28 at Cap Cana, focusing on the White Marlin species on light tackle.  The second annual International Cap Cana Billfish shootout, formerly of La Guiara, VZ, will immediately follow from May 31 – June 5, this year with the support of the Dominican Republic Ministry of Tourism as the title sponsor.  This event now known simply as “the shootout,” continues to bring into focus the SE coast of the Dominican Republic as one of the most productive Billfishing destinations in the world, fronting the Cabo Engano or “Hour Glass Bank” in the famed Mona Passage, the body of water representing the convergence of the Atlantic Ocean and the Caribbean Sea, between the Dominican Republic and Puerto Rico.   

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CHICAGO (March 8, 2011)– Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate and Cobbo Bay Developers SA signed a management and licensing agreement for Hyatt Regency Cap Cana Hotel, Villas, and Residences to be located in Punta Cana, the Dominican Republic.  A Hyatt affiliate will be a minority equity investor in an affiliate of Cobbo Bay Developers, the entity which will develop and own the hotel, villas, and residences.

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CAP CANA, Dominican Republic - Monday, February 28, 2011 – Lifestyle Companies announced today the winners of its Second Annual Beach Polo World Cup Cap Cana, held Thursday, February 24 - Sunday, February 27, 2011, at the beautiful Juanillo Beach, where the Golden Bear Lodge Team, captained by German Star, Sebastian Schneberger along with fellow German Sven Schneider and Argentine Pedro Fernández Llorente were devoted champions after achieving an 8 - 4 victory over the favored Stella Artois / Lifestyle Companies team. 

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Cap Cana, Dominican Republic, February 12^th, 2011 - With the participation of the Honorable President of the Dominican Republic, the official ground breaking ceremony of the ultra luxury boutique hotel, Eden Roc, a development by Solaya Hotels & Resorts, took place at Cap Cana.

The ceremony was led by Mr. Angelo Mazzarella, owner of Solaya Hotels & Resorts,  Mr. Franck Messiah, President of Solaya Hotels & Resorts, and Massimo Mazzarella, shareholder of the group.  Mr. Ted Teng, CEO of the prestigious organization Leading Hotels of the World, and Mr. Ricardo Hazoury, President of the Board of Directors of Cap Cana, also attended to the ceremony as well as the Minister of Tourism, Mr. Francisco Javier Garcia, and other local government authorities and personalities of the tourism industry.

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February 12, 2011. Cap Cana.- With the presence of the President of the Dominican Republic, Dr. Leonel Fernandez Reyna, Ministers of State of the Dominican Republic, shareholders, advisors, opinion leaders, media and special guests was held the inauguration of the first phase of Sotogrande at Cap Cana, a private real estate residential development of Corporación Hotelera Dominicana, a subsidiary of the prestigious Sotogrande SA developer and the Grupo Caja Spain - Caja Duero promoted in Cap Cana, the "World's New Great Destination. "

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CAP CANA, Dominican Republic – February 4, 2011 – Lifestyle Companies announced the Second Annual Beach Polo World Cup Cap Cana will take place Thursday, February 24 - Sunday, February 27, 2011 - with a lineup of international players and sponsors in what is sure to be one of the year’s most sensational events.  

 Cap Cana’s alluring Juanillo Beach sets the stage for three action-filled days of polo coupled with world-class events, in one of the most breathtaking settings in the world. For the second year, the Beach Polo World Cup Cap Cana will bring the exciting world of polo to Juanillo Beach for a high-goal tournament that is becoming a milestone for the development of polo in this region.

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Cap Cana, Dominican Republic, January 3, 2011 - Cap Cana celebrated the New Year’s Eve with a party in the spectacular scenery of Caleton Beach Club, where over 500 guests gathered to celebrate the coming New Year and start a 2011 full of expectations and good wishes.

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