Press Release 1

FOR IMMEDIATE RELEASE

LAS VEGAS, NV. (April 19) - Donald J. Trump and hotel/casino developer Philip Ruffin today announced a joint venture to build a 60-story, 300 unit, super-luxury condominium tower. The building will be directly across from the entry to the new Nordstrom department store in the rebuilt Fashion Show Mall, less than a block from Las Vegas Boulevard.

"Trump Tower Las Vegas" will comprise a single, dramatic tower surrounded by almost 150,000 square feet of lavish landscaping. A private driveway will provide secure access from Fashion Show Drive. This location offers owners access to the amenities of Las Vegas Boulevard, without the automobile or visitor traffic.

"We are going to bring a level of quality design, construction, services and amenities in high-rise development that Las Vegas has not yet seen," said Trump. "This part of the Strip is experiencing a surge in new development and our location enjoys the benefits and excitement of the Strip, with an elegance that can only be achieved in a location like ours," he added. Phil Ruffin explained, "I brought the best development site in Las Vegas to the best luxury developer in the country - we anticipate phenomenal success."

The name Donald J. Trump has long been associated with the world's premiere residential real estate and conveys an unparalleled reputation for excellence. Spectacular views, prime location and quality amenities are the characteristics comprising the Platinum standards for which Donald Trump is known. This project will match the quality, service and amenities in Mr. Trump's famed New York developments.

Philip Ruffin is the owner of the privately held Ruffin Companies, based in Wichita, Kansas. Ruffin Companies is a diversified holding company with assets in real estate, lodging, manufacturing, energy and retail enterprises that include the New Frontier Resort & Casino on the 'Strip' in Las Vegas, The Crystal Palace Resort in the Bahamas, Nassau Marriott Resort, and other brand hotels nationwide from California to Maryland. In addition, Ruffin Companies owns Harper Trucks the world's largest manufacturer of hand trucks, Wichita Greyhound Racetrack, Camptown Racetrack in Kansas, and shopping centers and office buildings. Ruffin companies proudly employs over 5,000 people worldwide.

Jack Wishna, President & CEO of CPAmerica, Inc. brought the parties together, will continue as an advisor on the project's development, and is a profit partner along with Donald J. Trump & Philip Ruffin.

Contact:

Norma Foerderer, Vice President
Assistant to Donald J. Trump
The Trump Organization
(212) 832-2000

Movita Forester
Assistant to Philip Ruffin
Ruffin Companies
(316) 942-7940

Jack Wishna
President & Chief Executive Officer
CPAmerica, Inc.
(702) 990-3828