BC Premier Ujjal Dosanjh and a representative from Dutch multinational Ballast Nedam International will sign the master development agreement for a new luxury ski resort at the base of Whitetooth Mountain in Golden, BC on Tuesday, March 7.

The $200 million development represents the first new alpine ski resort to be built in the Canadian Rockies in the last 25 years. Golden Peaks Resort Inc., a Vancouver-based company, is comprised of three major partners involved in the development and operation of this landmark project: Ballast Nedam International, best known in Canada as the contractor/developer of the Confederation Bridge connecting New Brunswick with PEI; Grouse Mountain Resorts Ltd.; and Columbia Basin Trust.

WHAT: The official signing of the master development agreement between Ballast Nedam International and the government of BC for a new $200 million luxury ski resort in Golden, BC. The new name of the resort along with the official master plan will be announced to the public for the first time. The signing ceremony will conclude with pyrotechnics, and an extreme skiing, snowboarding mountain biking big air demonstration as well as paragliders.

WHERE: Base of Whitetooth Mountain, Golden, BC WHEN: Tuesday, March 7, 2000Event begins promptly at 11:00 a.m. (Mountain Standard Time) and officially concludes at 12:00 noon. Lunch will be served and the mountain will be open to skiers. Heli-skiing will be available for media and VIPs.

WHO: Interview opportunities with:BC Premier Ujjal Dosanjh;A representative from Ballast Nedam International; and Stuart McLaughlin, President, Grouse Mountain Resorts Ltd.

Travel arrangements are available from Calgary on March 7. Seating is limited. A satellite uplink will be available on site.

For more information or to confirm attendance, please contact:Carly Hutchinson (604) 684-6655 ext. 225 in Vancouver or Sean Kelly (403) 531-0331 in Calgary