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World Associates Acquires Land for a Sustainable Community

World Associates Acquires Land for a Sustainable Community

Published 06-06-06

Submitted by World Associates, Inc.

Los Angeles, California - World Associates, Inc. ("World", OTC: WAIV) announced recently that it has completed its purchase of a property located 90 miles north of Santa Fe, New Mexico in the Chama Valley near the Colorado border. The land will be developed into a sustainable community named Yellow Hills Ranch.

Yellow Hills Ranch covers approximately 7.3 square miles and the Company has a contract to purchase an adjacent property covering 14 square miles. The land has both open pasture and forested hills with an average altitude of 7200 feet. It is home to a varied wildlife population that includes elk, mountain lions, mule deer, bears, bald eagles and more. The Chama River, designated as a Wild and Scenic River, flows through El Vado State Park which is directly across the street. The area is known for world-class fly-fishing, white water rafting and other year-round activities.

Preliminary plans call for a common open space and wildlife preserve for the use of all homeowners. Homes will be located in the forested land on ranch properties of various sizes. The property will retain its rural character in keeping with the surrounding area.

The Company intends to employ sustainable practices and technologies in the areas of land use, agriculture, energy and resource development as part of its approach to developing the property. Emphasizing sustainable practices is expected to provide significant benefits that include natural resource conservation, energy efficiency, healthier living environments, and ecologically and culturally sensitive land use. The goal is to incorporate these principles from the outset, enabling the community to become increasingly independent with the ability to provide for its needs using local resources.

More information on current plans can be found on the Company's website which was recently updated with significant new details on Yellow Hills Ranch and other projects. The web site is located at: http://www.worldassoc.com/yellowhills/

For further information contact:

World Associates, Inc.
818-991-1770
inquiry@worldassoc.info

World Associates, Inc.

World Associates, Inc.

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