Justice Family Group Acquires Remaining Interest in The Greenbrier Sporting Club; Two Previous Sporting Club Associates Return

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The Justice Family Group, LLC, led by Jim Justice, today completed the purchase of all of DPS Sporting Club Development Company's ownership and interest in The Greenbrier Sporting Club. The parties had reached a tentative agreement on June 2, 2009.

After hearing Jim's vision for the resort and the Sporting Club and knowing his commitment to excellence, I knew immediately that the future was now and the place was The Greenbrier. I am both humbled and honored to have been asked to join his team, and anxious to get going.

The Justice Family Group, LLC, led by Jim Justice, today completed the purchase of all of DPS Sporting Club Development Company's ownership and interest in The Greenbrier Sporting Club. The parties had reached a tentative agreement on June 2, 2009.

In addition, Justice announced the return of two previous Sporting Club associates, Peter McKinney and John Klemish. McKinney will be vice president of development for The Greenbrier while Klemish will serve as principal of real estate for The Greenbrier Sporting Club. Justice also announced the promotion of Larry Klein to vice president and general manager of The Greenbrier Sporting Club.

"We at the Sporting Club are both confident and excited about our future as we make this transition to new ownership," said Klein. "Having been associated with The Greenbrier for over 14 years I've never been more optimistic for what this means for The Greenbrier Sporting Club as well as the surrounding community."

McKinney will oversee all new projects for the resort, including planning, design and construction of the new casino. He will also continue to work with The Greenbrier Sporting Club on any development-related matters and as chairman of the Architectural Review Board. He has more than 30 years experience in development and building project management. Since 2002, he has been the vice president of development for The Greenbrier Sporting Club, and returns full time to The Greenbrier after two and half years in the Turks and Caicos Islands where he directed development of the Turks & Caicos Sporting Club at Ambergris Cay.

"My wife, Fran, and I are very happy to be back home," said McKinney. "The opportunity to be part of the exciting plans that Jim Justice has for The Greenbrier property makes our return perfect."

Klemish, a Westport, Connecticut native educated in Amherst, Massachusetts, will manage the Real Estate Brokerage operations. He has been instrumental in world-class, residential and hotel developments across the United States and Caribbean. Over the last 25 years Klemish has taken developments from infancy to maturity and is responsible for over $1 billion in sales. As director of sales for The Greenbrier Sporting Club from its inception in 2000 to July 2005, he had a significant role in the club's initial growth. He returns after four years at luxury residential developments throughout the Caribbean including Temenos Anguilla, Molasses Reef Turks & Caicos and Rose Island Bahamas.

"I am ecstatic about returning home to The Greenbrier Sporting Club," said Klemish. "After hearing Jim's vision for the resort and the Sporting Club and knowing his commitment to excellence, I knew immediately that the future was now and the place was The Greenbrier. I am both humbled and honored to have been asked to join his team, and anxious to get going."

The Greenbrier Sporting Club is a private residential sporting community on the 6,500-acre estate of The Greenbrier, an award-winning resort in the heart of the beautiful Allegheny Mountains.

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