Arlen Specter's (R-Pa. We call on all members of the Senate to look
to the needs of genuine victims, rather than to special interests like trial
lawyers who are trying to sink this bill.

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WHO: Lew Feldman, Managing Partner , Century City, Pillsbury Winthrop
Shaw Pittman LLP (Moderator)
Bruce Karatz, Chairman and CEO, KB Home
Larry Mizel, Chairman + CEO, MDC Holdings, Inc.

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) motion to waive the budgetary point of order now
facing the Fairness in Asbestos Injury Resolution (FAIR ) Act and allow the
legislation to be decided based on its merits.

The Council for Citizens Against Government Waste is the lobbying arm of
Citizens Against Government Waste, a nonpartisan , nonprofit organization
dedicated to eliminating waste, fraud, abuse, and mismanagement in government .

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Panelists,
including legendary investor Sam Zell, along with three prominent real estate
industry CEOs, will address questions from Lewis G.
Barry Sternlicht, Chairman and CEO, Starwood Hotels + Resorts
Worldwide, Inc.; President and CEO, Starwood Capital Group
Sam Zell, Chairman, Equity Group Investments, LLC

WHAT: Milken Institute Global Conference, Panel on Real Estate:
Investing for the Future

WHERE: The Milken Institute Global Conference 2005
Beverly Hilton Hotel Los Angeles

WHEN: Tuesday, April 19, 2005
10:55 AM - 12:10 PM

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"Certain members of the Senate are
abusing a procedural motion to stop the Senate from voting on the FAIR Act.

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'Investing for the Future' to Explore Housing Bubble, Apartment and
Residential Markets; Office Vacancy Rates , Tourism Recovery Post 9/11,
and More

Real Estate Panel Session Sponsored by Law Firm
Pillsbury Winthrop Shaw Pittman LLP

LOS ANGELES, A panel of some of the brightest
minds in commercial and residential real estate convenes tomorrow (April 19)
to discuss domestic and international real estate trends as part of the
renowned Milken Institute Global Conference in Los Angeles.

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WASHINGTON, The Council for Citizens Against
Government Waste (CCAGW) today encouraged members of the Senate to vote YES on
Sen .

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CCAGW to Senate: Allow Asbestos Legislation to Proceed

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"The point of order should not be used to stifle debate on an important
bill," CCAGW President Tom Schatz said. More than 730,000 individuals have brought forward claims, and an
estimated 300,000 claims are currently pending.
"The current asbestos claim system is broken, harming small businesses,
the economy, and true victims.

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"
The current system of adjudicating asbestos claims is overwhelming the
courts.

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The FAIR Act should be allowed to
proceed and receive a full floor debate and vote," Schatz concluded .

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Blue Ribbon Panel at Milken Conference to Address Nation's Top Choice of Investment Today - Real Estate

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Feldman, senior real
estate partner with Pillsbury Winthrop Shaw Pittman LLP, on domestic and
foreign investment in real estate, asset valuations, potential market soft
spots, the impacts of rising interest rates, declining currency valuations and
increasing commodity prices.