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FOR IMMEDIATE RELEASE
April 29, 2005

CORNERSTONE DEVELOPMENT TO BE SITE OF NEW HOSPITAL IN ANDOVER

(WICHITA, KS) - Cornerstone, a project of Laham Development and Ritchie Development on 21st Street from 159th Street to Andover Road, will soon be the site of a new acute care general hospital. The news was announced at the May 3 groundbreaking for Kansas Medical Center which is being built on a 15-acre site within the 520-acre master planned Cornerstone development. The hospital will be a state of the art health care facility providing medical and surgical services in Andover and outreach areas with patients served by member physicians.

Designed as a 70-bed facility, Kansas Medical Center will be located on 21st Street, east of 159th. Services provided will be those normally expected in an acute care general hospital including anesthesiology, blood banking, cardiology, dentistry, family and internal practice, gastroenterology, hematology, nephrology, neurology, oncology, plastic surgery, pulmonary medicine, radiology, thoracic surgery, urology and other related services. Also available will be a 24/7 emergency department where care will be provided to walk-in patients in need of emergency care, as well as referral emergency services for patients being transferred by land.

With plans recently unveiled, Cornerstone encompasses 85 acres of commercial, office and garden-style apartments along with 435 acres of residential. It is located north of 21st Street from Andover Road on the east to 159th Street on the west. The first commercial parcel at the corner of 21st & Andover Road is designed as a 45-acre grocery-anchored retail center that will include retail, restaurants and financial institutions. West of the retail development will be the entrance to the single-family development and adjacent to that a 15-acre garden-style apartment complex is planned. All of the commercial projects are being developed by Laham Development.

Cornerstone's 435-acre residential component will be developed by Ritchie Development. It will include approximately 750 single-family homes ranging in price from $90,000 to $500,000. The residences at Cornerstone will consist of individual neighborhoods within the master planned community with amenities such as lakes, parks, swimming pools and walking paths typical of Ritchie communities. Construction will begin this summer on infrastructure.

J.P. Weigand & Sons is the exclusive broker for the commercial properties.

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