FOR RELEASE: November 1, 2011

CONTACT:   Sarah J. Piccione
                       412-394-9803
                       spiccione@costalandco.com 

Costa Land Company names Joseph Costa as Senior Vice President of Financial Operations

PITTSBURGH, Pennsylvania - Costa Land Company and its subsidiary companies are pleased to name Joseph Costa as Senior Vice President of Financial Operations.

Mr. Costa will be responsible for the firm's valuation analysis of new investment deals, active loan management, and daily financial support. Prior to his role with Costa Land Company, Mr. Costa served as an Associate in the Investment Banking Division at Barclays Capital, where he advised Financial Institutions (including Banks, Insurance companies, and Asset Managers) on Mergers & Acquisitions and Capital Raising. During his tenure at Barclays Capital in both New York and London, Mr. Costa completed several large capitalization transactions including Barclays plc's sale of Barclays Global Investors ("BGI") to BlackRock for $15.2 billion, Resolution Limited's acquisition of AXA's UK Life Business for £2.75 billion (US $4.1bn), and the sale of iShares to CVC Capital Partners for $4.4 billion.

A Yale University graduate, Joseph received his Bachelor of Arts degree in Economics in 2008.

Costa Land Company is a real estate development, investment, and management firm based in Pittsburgh, Pennsylvania.

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