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MOON Bahamas – ‘All Systems Go’

LAS VEGAS–(BUSINESS WIRE)–Oct. 27, 2004–Michael R. Henderson, Chairman, RJH Holdings today announced the company had received formal approval from the Government of The Bahamas to proceed with the next stage of MOON Bahamas development.


“We are very pleased to have received official approval from The Government of The Bahamas. This approval also supports the Memorandum Of Understanding previously entered into with the Grand Bahama Port Authority dated July 28th, 2004. With these agreements in place the MOON Bahamas Team will now commence exhaustive feasibility studies which when complete will be presented to relevant parties for sign off, prior to construction start” said Michael R. Henderson, Chairman, RJH Holdings. “The MOON Bahamas Team comprised of 120 international companies looks forward to beginning the project’s next critical phase in early 2005” added Henderson.


Appreciation


“Since our July 30th press release we have been inundated with support from all over the world for the project and for the beautiful location in Grand Bahama which we have chosen as MOON’s home. We would like to sincerely thank all the wonderful people of The Bahamas for their incredible support which has been most welcome. Our sincere appreciation is extended to The Prime Minister of The Bahamas, The Rt. Honorable Perry G. Christie MP, The Honorable Obie H. Wilchcombe MP, Minister of Tourism, The Honorable Fredrick A. Mitchell MP, Minister of Foreign Affairs and Mr. Vincent Vanderpool Wallace, Director General, Ministry of Tourism” said Sandra G. Matthews, Partner and Managing Director, RJH Holdings. “In addition we express our thanks and admiration to the outstanding professionals at the Grand Bahama Port Authority for their continued support” added Matthews.


MOON Team – Special Thanks


The MOON Team would like to sincerely thank the following world-class companies without whose outstanding services this project would be significantly more challenging.


Four Seasons Hotels and Resorts / American Express / British Broadcasting Corporation / CNBC – a General Electric Company


Acknowledgement


The MOON Bahamas Team would like to acknowledge the support of the Bahamas Association of Consulting Engineers and look forward to working closely with this professional organization as the project moves forward. We would also like to acknowledge the generous offers of expertise from various global space agencies including the Florida Space Authority based in Cape Canaveral, Florida. We extend sincere appreciation for the tireless efforts of the project’s Bahamas Representative, Mr. Gerard Wirth of Wirth Associates, Nassau, The Bahamas and the project’s Social Economic Impact Feasibility and Global Advisory Group, Gilbert Morris and Associates, Nassau, The Bahamas, led amiably by its outstanding Chairman Dr. Gilbert Morris. These two gentlemen have demonstrated an unwavering desire for the betterment of The Bahamas and its citizens which we acknowledge and admire.


Congratulations


On October 4th, 2004 SpaceShipOne made history by winning the coveted Ansari X Prize. The MOON Bahamas Team would like to congratulate Michael Melvill, Brian Binnie, Burt Rutan, Paul G. Allen, Sir Richard Branson and the group of geniuses at Scaled Composites in Mojave California on their truly historic and outstanding achievement! Further we would like to acknowledge Dr. Peter Diamandis and Mrs. Anousheh Ansari for their valuable contribution to manned space flight.


Project Development


The MOON Bahamas Concept Development team has completed the design for the project’s “Mission Control Center”. This ten acre 25,000sqft facility will house the project’s operations department and visitor real estate sales center. The MOON Monorail system has also been designed. Renderings of these designs can now be viewed on the project’s website at www.moonbahamas.com Additionally current development planning calls for an enlarged high tech Medical and Wellness Facility, Television Studio, Satellite Radio Broadcast facility, Film Studio, Film School, Recording Studio and Global Humanitarian Center. Design work has begun on the development of the MOON Spaceport center; MOON Bahamas will become the global central operations platform for future space tourism travel; Grand Bahama offers a great advantage with its close proximity to the global capital of Space flight, Cape Canaveral, Florida.

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