Castle Resorts & Hotels Premieres in Thailand Market; Acquires Hotel Contracts for Two Luxury Resorts

  
    
  
  
    
      The Castle Group, Inc. (OTCBB:CAGU) today announced that its subsidiary, 
      Hawaii-based management company Castle Resorts & Hotels, has expanded 
      into Thailand with two new luxury resorts, Katamanda in Phuket and Baan 
      Taling Ngam Resort & Spa in Koh Samui. These two additions bring Castle 
      Resorts & Hotels’ inventory count up to 26 
      properties throughout Hawaii, Micronesia, New Zealand and Thailand.
    
    
      “Entering Thailand is an exciting new 
      development of our company’s strategic 
      expansion into Southeast Asia,” said Alan 
      Mattson, president and chief operating officer of Castle Resorts & 
      Hotels. “The consummation of these two 
      management agreements in Thailand tops an incredibly successful year of 
      growth for us. We plan to continue this aggressive expansion of our 
      global presence from our Hawaii-based headquarters in 2008.”
    
    
      In the past year, Castle Resorts & Hotels has acquired six management 
      contracts. In 2007, Castle was also awarded contracts for Maile Sky 
      Court, Queen Kapiolani Hotel and Ocean Resort Hotel Waikiki on Oahu; and 
      the Hotel Santa Fe in Guam.
    
    
      Katamanda
    
    
      Katamanda is an exclusive villa estate on the southwest coast of Phuket 
      Island. Located on a bluff that overlooks both Kata Noi and Kata Beach 
      areas, this gated resort features 40 villas on 13 acres of land. The 
      two-bedroom villas are clustered amid lush gardens while larger three- 
      to six-bedroom villas have their own private infinity pools. Villas 
      feature Thai-inspired architecture and décor, 
      and have living, kitchen and dining areas. Each bedroom has an in-suite 
      private bathroom, some opening to private verandas with outdoor showers 
      and tubs.
    
    
      The property features a large swimming pool with waterfall, tennis 
      court, fitness center, meeting room and café 
      serving Western and Thai cuisine. These services are offered for guests 
      of Katamanda, along with a menu of optional services available including 
      a private chef, chauffeured transportation, live-in maid and personal 
      shopping services.
    
    
      Baan Taling Ngam
    
    
      Baan Taling Ngam Resort and Spa, previously managed by Le Meridien, is a 
      secluded exotic beachfront retreat on the island of Koh Samui set amid 
      thousands of coconut trees. This 70-unit luxury resort overlooks the 
      most stunning panoramic views of the Gulf of Thailand and the Ang Thong 
      Marine National Park and terraces down the cliff to a private sandy 
      beach. The destination resort features deluxe hotel rooms and suites as 
      well as two- and three-bedroom private villas. It has three restaurants 
      which serve Western and Thai dishes, al fresco Mediterranean dining and 
      an elite Royal Thai restaurant serving haute Thai cuisine with very 
      special Thai dancing and music. A full-service spa and separate beauty 
      salon offers dozens of treatments and therapies. An infinity pool and a 
      beachside pool are available for guest use and five private plunge pools 
      for cliff villas. Guests also can access the beach and land activity 
      centers that offer windsurfing, snorkeling, diving, tennis or mountain 
      biking. It also features a meeting room, picturesque wedding spots and 
      multiple private dining areas which can all be privately reserved and 
      customized plans arranged.
    
    
      Castle Resorts & Hotels was founded in 1994 and is a wholly-owned 
      subsidiary of The Castle Group, Inc. Castle manages a broad portfolio of 
      resort accommodations ranging from hotel guest rooms to spacious resort 
      condominium suites and villas in the Hawaiian Islands on Oahu, Maui, 
      Molokai, Kauai and Hawaii; in Thailand on Phuket and Koh Samui; in 
      Micronesia on Guam and Saipan; and in New Zealand on the North Island. 
      For more information or reservations, please call 1-800-367-5004 or 
      visit www.CastleResorts.com. 
      The Castle Group does not assume any obligation to update the 
      information contained in this press release.
    
    
      This press release contains forward-looking statements made under the “safe 
      harbor” provisions of the U.S. Private 
      Securities Litigation Reform Act of 1995. Forward looking statements are 
      based upon the current plans, estimates and projections of The Castle 
      Group's management and are subject to risks and uncertainties which 
      could cause actual results to differ from the forward looking 
      statements. These include, but are not limited to, risks and 
      uncertainties outlined in the Company's periodic filings with the U.S. 
      Securities and Exchange Commission.
    
    
      Note: Hi-resolution images and logo are available upon request.