Walton International Group Inc.

Walton International Group Inc.

March 28, 2009 12:01 ET

Walton Completes Texas Land Sales for Camino Real Phase 1

CALGARY, ALBERTA--(Marketwire - March 28, 2009) - Walton International Group Inc. announced today the successful completion of land sales in Walton's Camino Real Phase 1 project.

On February 24, 2009, Walton completed the sale of undivided interests in land located in Texas known as Camino Real Phase 1, to 1024 purchasers, for an aggregate purchase price of $18,160,000 USD.

The Camino Real Phase 1 project is part of Walton's strategic 1700-acre Master Planned Community located just south of Austin Texas, known as Camino Real. Camino Real sits strategically between Austin and San Antonio along Interstate 35 and the recently constructed southern extension of the SH 130 Toll Road. Twenty-five minutes from downtown Austin, Camino Real is critical to the area's future expansion as exemplified by the two approved school sites and one existing new school, adjacent to the property, required to accommodate the region's expected population growth.

About Walton

Walton International Group Inc. and the other members of the Walton group of companies constitute one of North America's leading land-based real estate investment groups. Over the past 30 years, Walton firms have acquired more than 49,200 acres of quality land strategically located in the development path of some of North America's leading urban growth areas. Walton companies are innovative leaders in the research, selection, acquisition, syndication, planning, development management and sale of land, having to date syndicated nearly $2 billion of land in Alberta, Ontario, Arizona, Texas and Georgia with over 49,700 investors and purchasers.

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