Sotheby’s International Realty Network Continues Strategic Growth in North Carolina

RISMEDIA, August 2, 2007—Sotheby’s International Realty Affiliates LLC has announced it is furthering its strategic growth in North Carolina with the opening of two firms, Perry & Co Sotheby’s International Realty and Pinnacle Sotheby’s International Realty.

Perry & Co Sotheby’s International Realty, formerly Perry & Company Real Estate, is based in Edenton, North Carolina, and owned by Ann Perry. Pinnacle Sotheby’s International Realty, formerly Premier Properties, is based in Lake Lure, N.C., and owned by Thomas and Carole McKay.

“The addition of these firms to our current roster of North Carolina firms continues our strong quality growth in this key luxury market,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “Perry & Company Real Estate quickly has become one of the leading firms in their market, and Premier Properties has been a leader in the western North Carolina home market for almost two decades.”

The Sotheby’s International Realty network has more than 8,000 sales associates located in more than 400 offices in the U.S. and 25 other countries and territories. Perry & Co Sotheby’s International Realty and Pinnacle Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and great exposure generated from these sources, the firms will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.

Perry & Co Sotheby’s International Realty’s six sales associates provide their service and expertise to clients in Edenton County, Chowan County and the Albermarle area. The main office is located at 102 South Broad Street, Edenton, North Carolina.

Pinnacle Sotheby’s International Realty’s 13 sales associates provide their service and expertise to clients in the Rutherford, Henderson and Polk County regions of western North Carolina. The main office is located at 2992 Memorial Highway, Lake Lure, North Carolina.

For more information, visit www.sothebysrealty.com.