Developers Diversified is a
self-administered and managed real estate investment trust (REIT) operating
as a fully integrated real estate company which acquires, develops, leases
and manages shopping centers.

PRESS RELEASE Diamant Art Corporation to Form Wholly Owned U.S. Subsidiary in Florida at Presidential Holdings Inc. Offices

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54 per
share, which is payable on October 3, 2005 to shareholders of record at the
close of business on September 19, 2005. Navy, Commander,
Naval Surface Force, U.presidentialholdings . Investors should refer to documents that the Company
intends to file with the SEC for a description of certain factors that
could cause actual results to vary from current expectations and the
forward -looking statements contained in this media release."
Visit http://www.

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Giffin's accomplishments as well as other advisors of
Presidential Holdings please visit (http://www. News "Best Undergraduate Programs.

Media Contacts:
C.

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ddr. Giffin III, Senior
Advisor for Presidential Holdings Inc. Mr.

This media release may contain forward-looking statements regarding but not
limited to management, market potential, distributor success, market size,
international sales , marketing, future events and performance of the
Company which involve risks and uncertainties that could materially affect
actual results. WACO, Texas, Leading scholars and officials from
Canada , the United States and Latin America will examine the nature of Western
Hemisphere trade agreements , their implications for hemispheric relations and
the multilateral trading system at the Free Trade in the Americas Conference
on October 6-7 at Baylor University.

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Henry C. Atlantic Fleet.

Jackson
254-710-7628 (office)
254-749-4055 (cell)

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S.baylor.

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is also pleased to have Mr. Giffin is currently Senior
Strategic Consultant with Presidential Holdings, Inc.
To register or for more information or for a schedule of events, visit
http://www.newswise.

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Mr." This approval validates Diamant's claims that Diamant
film can be used for all kinds of food.

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Developers Diversified currently owns and manages over 470 operating and
development properties totaling approximately 107 million square feet of
real estate in 44 states and Puerto Rico. For a complete
outline of Mr. According to European Union guidelines , the result that Diamant
Film "corresponds to the currently applicable legal requirements regarding
food hygiene for contact with aqueous, acidic, alcoholic and oily or fatty
food stuffs.

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About Baylor Business
The Hankamer School of Business holds to a visionary standard of
excellence whereby integrity stands shoulder to shoulder with analytic and
strategic strengths to build leaders , not simply careers.edu/business for more information.

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Topics of the conference will include new trade strategies in the
Americas, regional and bilateral free trade agreements, results of the Free
Trade for the Americas negotiations and interaction of regional and global
trade agreements .S.

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Developers Diversified Realty (NYSE: DDR)
today declared its third quarter 2005 common share dividend of $0.S
military for the introduction of DIAMANT FILM. as its first advisor on Diamant
Advisory Board.

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Diamant Art Corporation (OTC BB: DIAAF) is pleased
to report that the Board of directors have approved the immediate formation
of a wholly owned subsidiary at Presidential Holdings, Inc offices located
in the state of Florida, U. Supachai Panitchpakdi, Director General of the United Nations Conference
on Trade and Development (UNCTAD) and outgoing Director General of the World
Trade Organization, and continues October 7 with several other speakers and
panel discussions.

October 15, 1946.

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com.

Free Trade in the Americas Conference Assesses Current State of Trade

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com.
The Free Trade in the Americas Conference is sponsored by the Canadian
Embassy and the McBride Center for International Business at Baylor
University's Hankamer School of Business.

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PRESS RELEASE Developers Diversified Realty Declares Third Quarter 2005 Common Share Dividend

For further information, please contact Stefan Gudmundsson, CEO and
President of Diamant Film Inc.

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Additional information about Developers
Diversified is available on the Internet at http: //www.

Diamant Film Approved for all foods by Swiss and European Union Governing
bodies .

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Diamant Film Inc.

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A, in anticipation of working with the U.com).
"We hope this will be a dialogue that points the way toward more fruitful
cooperation between these trading partners," said Dr. Joe McKinney, Ben Williams
Professor of International Economics and assistant director of the McBride
Center, are coordinating the conference.baylor.

This news release was issued on behalf of Newswise(TM).

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diamantfilm. Stephen Gardner, Herman
Brown Professor of Economics and director of the McBride Center for
International Business at Baylor. He and Dr.

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edu/freetrade or contact The McBride Center for
International Business at (254) 710-2462. The school is ranked
12th among non -doctoral business schools, 24th among private business schools
and 66th in the nation, according to U.J.

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, at (905) 752-0220, or visit our website at
www. For more
information, visit http://www .com .