Trump to Build $500-million Tower in Toronto

  Donald J. Trump is pleased to announce that he is developing a unique
condominium and hotel residence in downtown Toronto that will offer a new
standard in downtown living, and a level of absolute convenience and
service found only in the world’s finest hotels and condominiums.
It is the first Trump property of its kind to be built outside of the
continental United States and the first of its kind in Canada.

The $500-million Trump International Hotel & Tower, Toronto will be the
tallest, mixed-use residential and hotel building in Canada at 68 stories
and 308.45 meters/1,012 feet. Located at the corner of Bay and Adelaide
Streets in the heart of downtown Toronto, it will overlook Lake Ontario
and the Greater Toronto Area.

Donald J. Trump, who is known throughout the world for his luxurious real
estate developments, will operate and manage the condominium residences
and hotel. The building was designed by Eberhard Zeidler, Senior Partner
for the renowned Toronto-based firm of Zeidler Partnership Architects.

“This development will set new standards in luxurious living and
hospitality in one of the world’s most vibrant and welcoming cities,” said
Donald J. Trump, President & Chief Executive Officer of The Trump
Organization. “It is a magnificent tower in a city that is great to live
in and visit. I am very proud and excited to have the Trump name as part
of Toronto’s beautiful skyline.”

The building has two distinct sections. A luxurious hotel will comprise
the lower portion of the building from floors lobby to 34, while the
condominium residences overlook the city from floors 36 to 68 and offer
one- bedroom units to three-bedroom penthouses. All residents will have
access to the exclusive benefits and amenities of the five-star hotel.
Both the hotel and residential condominium will have incomparable decor,
privacy and service.

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The hotel suites are available for purchase by individuals or
corporations. The hotel offers 229 hotel guestrooms and suites, of which
34 suites are part of the exclusive Trump Club that will feature butler
service and a private lounge.

The condominium residences will feature formal dining and living areas,
exquisite hardwoods and granites, top-of-the-line appliances in designer
kitchens, and the finest features and finishes available. There will be a
maximum of four residences per floor. High-speed elevators will offer
direct access to each residence from the Residential Skylobby that
overlooks downtown Toronto from the 34th floor.

The Trump International Hotel & Tower, Toronto will also feature a world-
class 1,672.3-square-meter/18,000-square-foot Health Club & Spa with views
of Lake Ontario and the CN Tower. The spa will offer treatments and
services that are only found in the world’s leading health resorts. The
facility will also contain two restaurants and a sushi and martini bar.
One of the restaurants will be an exclusive, formal, fine dining
establishment seating only 80 patrons and led by an international,
award-winning chef.

“Nothing like this has ever been built in Toronto,” said Trump. “It is
going to be the ultimate destination for business, pleasure and
entertainment. Toronto real estate is undervalued when it is compared to
other leading cities in the world. It is only going to increase in value.
That is why this is an excellent investment for those who buy a
condominium residence or hotel suite.”

The building will be an integral part of Toronto’s PATH system, the 27-
kilometer underground shopping, dining and entertainment concourse that
connects downtown Toronto. This is the first time in an entire generation
that a residential complex of such grandeur, scope and design will be
built in the heart of downtown Toronto.

The Trump International Hotel & Tower, Toronto is a joint venture between
Donald J. Trump and Talon International Development Inc., a Canadian-based
investment company whose shareholders have holdings in a variety of
industries ranging from shipping to metallurgy to high technology
throughout Canada, the United States and the United Kingdom. For more
information about the development, please visit our website at
http://www.trumptoronto.ca/.
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