Showhomes Franchise Corporation Annual Sales Up 34 Percent

38% of continuing operations post growth of 50 percent for 2006 Top-producing franchisees recognized at annual conference

(Friday, February 02, 2007) - Showhomes, the leader in adding value to vacant home sales, today announces that its 2006 sales grew 34 percent over 2005 sales and recognizes top-performing offices. The honors were presented at the company's Annual Showhomes National Conference held in Scottsdale, Ariz., Jan.15 – 17, 2007. "While most of the residential real-estate market experienced a cooling trend in 2006, we enjoyed the best year in our history," said Bert Lyles, Showhomes chairman and CEO. "Last year, 38 percent of our continuing operations posted revenue increases of 50% or more." As reported by The National Association of Realtors®, existing-home sales bottomed in fourthquarter 2006. As Realtors and homeowners struggle with houses that sit on the market and are forced to accept a series of price reductions, demand rises for Showhomes' service. Showhomes franchisees help homeowners and their Realtors sell high-end vacant houses faster and at premium prices. By providing whole-house furnishing, staging and full-time Home Managers to keep the listing in show-to-sell condition, the service reduces days on market and increases the sale price. Lyles attributed the company's success in large part to its franchisees and their willingness to innovate and provide ever-higher levels of service to homeowners, Realtors and Home Managers. "Showhomes franchisees are highly creative in transforming empty houses into inviting homes that highlight what the property has to offer," continued Lyles. "Our award-winners have received high marks from clients for keeping them informed throughout the sales process and for supporting Realtors with photos, video, agent open houses and hotlines. They've also made the Home Managers' jobs more enjoyable and rewarding." The following awards were presented to outstanding Showhomes franchisees at the Conference: Franchise of the Year: Showhomes—Toledo/Monroe, Ohio, Franchise Owner Judy Pokorny. Showhomes Franchise Corporation Annual Sales Grow 34 Percent/Page 2 Design Award and Top Producer Award for highest sales in 2006: Showhomes— Minneapolis, General Manager Cindy Montgomery. Best New Franchise Award: Showhomes—Mobile/Baldwin, Ala., Franchise Owner Angela Blankinchip. Circle of Excellence Awards for outstanding quality and customer service: Barbara Bliss, franchise owner, Showhomes—Chicago/North Shore, Donna Muelver, franchise owner, Showhomes—Southeast Wisconsin, Henry Graham, franchise owner, Showhomes—Charlotte, N.C, Beth George, franchise owner, Showhomes—Los Angeles/Orange County, Kathy Haase, franchise owner, Showhomes—Scottsdale/Phoenix, Ariz. Innovator of the Year Award: Elizabeth Hendricks, operations manager for Showhomes— Southeast Wisconsin. At the conference, Showhomes franchisees from across the country focused on high-impact strategies to better support Realtors and homeowners in slowing markets by participating in presentations, round-tables and hands-on workshops. "Throughout our history, Showhomes has thrived through every real estate cycle and economic condition," concluded Lyles. "This year, we introduced many market-tested and technology-rich system enhancements to help franchisees achieve even greater success in 2007." About Showhomes Since its founding in 1986, Showhomes has helped Realtors and homeowners sell more than 23,000 homes worth more than $8 billion across the U.S. by transforming high-end vacant houses into valuable homes. The Showhomes business model is based on the fact that well-furnished homes kept in show-to-sell condition sell faster, and for higher prices, than vacant houses. Showhomes provides homeowners and their Realtors a turnkey package that includes whole-house furnishing, professional decorating, staging, a live-in home manager and marketing support services. For more information about Showhomes franchise opportunities, visit www.showhomesfranchise.com. For more information about Showhomes, visit www.showhomes.com. For More Information on Showhomes, contact: Showhomes media information: Lucy Henner, lhenner@showhomes.com or 404.284.5597. Showhomes operations: Thom Scott, tscott@showhomes.com or 615.483.4923. Showhomes franchise sales: Preston Brogdon, pbrogdon@showhomes.com or 615.483.5341.

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