PRESS RELEASE BY DEVELOPER JOHN BURKE
11th March 2004

RE: Development @ Castletownbere/Objection by Neil Jordan

The first instance in which I learned of Mr. Jordan's demand for a "covenant" was when I read it in the newspaper last week

I am ready and willing to sign any reasonable undertaking, assurance or indeed "covenant" which would be to Mr. Jordan's satisfaction.

I would prefer if Mr. Jordan would communicate with me either directly or through our legal advisors, as I find it unsatisfactory communicating through the media.  I do not have the time or resources to employ press agents, publicists or public relations personnel etc..

Mr Jordan was profiled in an article in the Irish edition of the Sunday Times on Sunday last (7th of March 2004). That article referred to Mr. Jordan's objections to the proposed development by me at Castletownbere.  That article stated that Mr. Jordan's objection was based on the belief that the development would undermine the character of the rural and coastla community outside Castletownbere and then went on to say "but the motivation behind it is to maintain a distance and protect his seclusion".

I therefore wonder if this is the real reason for his objection to my proposed development and that the matter of the concern for the swimming pool is a "red herring".

I await the terms of the covenant to be signed and confirmation that this is the only outstanding matter of concern to Mr. Jordan.

Signed:  John Burke.