February 19, 2003

Brian Pate named Director of Finance & Administration at TCID

THE WOODLANDS, Texas (February 19, 2003) – Brian Pate has been named Director of Finance & Administration for Town Center Improvement District (TCID) in The Woodlands.

Mr. Pate joins TCID after working for Ernst & Young LLP, where he held the title of Senior Auditor since January 2000. At Ernst & Young, Mr. Pate provided assurance and advisory services for two Fortune 1000 multi-national companies. His responsibilities included reviews of various SEC filings and private offerings. He effectively and efficiently managed six to eight clients simultaneously with a staff of eight individuals.

Mr. Pate is an honors graduate of Sam Houston State University, earning his Master’s of Business Administration (MBA) in 1999.

“We’re excited to have Brian join Town Center Improvement District,” said Frank W. Robinson, President of TCID. “His expertise in financial applications will benefit the mission and vision of the District.”

Town Center Improvement District is a public entity committed to maintaining The Woodlands Town Center and surrounding area, as the best possible place in which to live, work, shop, and invest.