BFC Financial Corporation to Hold Investor Dinner Meeting in New York

FORT LAUDERDALE, Fla., July 18  /PRNewswire-FirstCall/ -- BFC Financial Corporation ("BFC") (NYSE Arca: BFF), the Florida-based holding company that invests in and acquires diverse operating businesses, announced that its Managing Director, Phil Bakes, will host an investor dinner meeting with the Financial Analysts and Money Managers Society.  During the meeting, Mr. Bakes will give a presentation on BFC to the investor group, followed by a question and answer session.  The Investor Dinner Meeting will be held on Wednesday, July 19, 2006 beginning with a cocktail hour at 4:30 p.m.  The meeting will be held at the Manhattan Club, located at 800 Seventh Avenue, New York, NY.

RSVP's are required. To RSVP, please contact Dan Killian at 212-438-3682 or reply by email to .

The slide presentation discussed at the meeting will be available on BFC's website located at http://www.bfcfinancial.com/ . To access the slides, please go to the investor relations section and click on the "presentations" button. Copies of the presentation can also be received via email, fax or postal service by contacting BFC's Investor Relations department at the address provided at the end of this release.

For further information, please visit our website at: http://www.bfcfinancial.com/ .  To receive future news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button.

About BFC Financial Corporation:

BFC Financial Corporation (NYSE Arca: BFF) is a diversified holding company that invests in and acquires private and public companies in different industries. BFC is typically a long-term, "buy and hold" investor whose direct and indirect, diverse ownership interests span a variety of business sectors, including consumer and commercial banking; brokerage and investment banking services; homebuilding; development of master-planned communities; the hospitality and leisure sector through the development, marketing and sales of vacation resorts on a time-share, vacation club model; the restaurant and family dining business, and real estate investment banking and investment services.  BFC's current major holdings include BankAtlantic Bancorp and its subsidiaries, BankAtlantic and Ryan Beck & Co.; Levitt Corporation, which includes its subsidiaries Levitt and Sons(TM) and Core Communities; Levitt Corporation's 31% ownership in Bluegreen Corporation; a minority interest in the renowned national restaurant chain, Benihana, Inc., and Cypress Creek Capital, a wholly-owned subsidiary.

   BFC Contact Info:

   Investor and Corporate Communications:
   Sharon Lyn, Vice President
   Email: 
   Investor Relations:
   Leo Hinkley, Senior Vice President
   Email: 

   Mailing Address and Telephone:
   BFC Financial Corporation
   Attn: Investor Relations
   2100 West Cypress Creek Road
   Fort Lauderdale, FL 33309
   Phone: [phone]
   Fax: [phone]


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DATASOURCE: BFC Financial Corporation



CONTACT:  Investor and Corporate Communications, Sharon Lyn, Vice

President, , or Investor Relations, Leo Hinkley,

Senior Vice President, , both of BFC

Financial Corporation, [phone], or fax, [phone]



Web site:  http://www.bfcfinancial.com/ 

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