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Morlin Management Corporation Appoints W. Gardner Combs Senior Vice President.

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 3, 2003

In response to growing client needs and project expansion at Morlin Management Corporation, W. Gardner Combs has joined Morlin as Senior Vice President headquartered in the San Francisco office. With a background in

project development, negotiation of purchase and sale documentation, and the operational requirements of major developments, Combs will be responsible for generating new business and overseeing the Northern California Region for Morlin Management.

"As a senior real estate executive with over 30 years of diverse and challenging real estate experience, Combs brings extensive operations, development and finance experience to the Morlin team," said J. Randall Moore, president of Morlin Management Corporation. "We look forward to working with him as we continue to provide the highest level of service to our clients," he added.

Most recently, Combs served as the President of Northwest Asset Management Co., Inc., a company he co-founded in 1983 and which grew to become the largest independent third party management company in Northern California. There, Combs was responsible for all aspects of corporate administration, including oversight of accounting, client reporting, development of the corporate Human Resources policies, corporate identity and sales.

"Having worked on major projects including the development of office parks, rehabilitation of corporate facilities and the acquisition and development of headquarters buildings, I look forward to bringing my past experience and real estate expertise to the Morlin team," said Combs. "I am excited to partner with the Morlin team to grow our business in the Northern California region by providing the highest level of service available," he added.

Morlin Management Corporation was established in 1984 with the focus of providing superior property and facilities management services to commercial property owners and major public and private institutions. The company currently manages over 6.5 million square feet throughout California. The Institute of Real Estate Management, the recognized international real estate management organization, has recognized Morlin as a leader in the industry by designating Morlin as an Accredited Management Organization. The AMO(R) designation has been awarded to only 3% of the property management firms in the U.S. For more information, visit the Morlin website at www.MorlinMgmt.com.

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