FOR IMMEDIATE RELEASE

Leading Cape Cod Firm Joins Sotheby's International Realty® Network

PARSIPPANY, N.J. and ORLEANS, Mass. (August 21, 2007) -- Sotheby's International Realty Affiliates LLC today announced that oldcape.com, a real estate firm with two offices on Cape Cod, Mass., has joined the Sotheby's International Realty luxury real estate network.

The firm is owned by Howard Hayes and Jeff Moore and now will do business as oldCape Sotheby's International Realty.

"oldCape.com Real Estate has earned a stellar reputation for tremendous integrity and commitment to their clients in the wonderfully scenic and highly competitive Cape Cod market place," said Michael R. Good, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "oldCape.com Real Estate has established a successful, team-oriented culture among their experienced sales associates that has resulted in the firm's impressive track record."

According to Hayes, the new affiliation will benefit the firm's current and future clients. "We are excited and honored to be associated with such an industry leader that shares our ongoing commitment to providing the highest level of service and results for our clients," he said.

The Sotheby's International Realty network has more than 8,000 sales associates located in more than 400 offices in the United States and 25 other countries and territories. Listings from oldCape Sotheby's International Realty will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and great exposure generated from these sources, the firm will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs.

The 26 sales associates of oldCape Sotheby's International Realty provide their service and expertise to clients in the Eastham, Orleans, Brewster and Harwich communities and surrounding towns. The main office is located at 6 Route 6A, Orleans, Mass. The phone number is (508) 255-6000. The second office is located at 2404 Main Street, Brewster, Mass. The phone number is (508) 896-5000. The firm's Web site is www.oldcape.com.

About Sotheby's International Realty Affiliates LLC

Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, the world's largest real estate franchisor, entered into a long-term strategic alliance with Sotheby's Holdings, Inc. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system by Realogy's subsidiary, Sotheby's International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sothebysrealty.com.

About oldCape Sotheby's International Realty

Only 5 years old, oldCape Sotheby's International Realty has become the fastest growing and one of the leading Real Estate agencies on Cape Cod. Howard Hayes, co-owner has over 30 years of experience owning and managing real estate companies on the lower cape. Jeff Moore, Howard's partner and President leads the company with over 30 years of high technology company ownership and management in the greater Boston area. The company is committed to the highest standards of service to their clients and has been able to attract the best agents in order to provide that service. Today the company has offices in Orleans and Brewster and its real estate agents represent buyers and sellers from most of the lower Cape area. Its rental property management group handles vacation and seasonal rental property in these areas as well.

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CONTACT

Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby's International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054

(973) 407-6375 Jennifer.Zimmerman@sothebysrealty.com

Jeffrey Moore
President & General Manager
oldCape Sotheby's International Realty
6 Route 6A
Orleans, MA 02653

508-255-6000 x213
jeff@oldcape.com