February 24, 2007

DELANN LOZZI

RICHARD LOZZI

Prudential California Realty CA011-055

635 Camino De Los Mares

San Clemente, California  92673

Re: 2006 Annual President's Circle Award Winner Notifications

Dear Rich & DelAnn Lozzi members:

It is our pleasure to congratulate your team on its award-winning

performance in 2006.

Your dedication, knowledge, and drive are what help to make Prudential Real

Estate an acknowledged industry leader, and we look forward to recognizing

your outstanding achievements at the 2007 Sales Convention at the San Diego

Convention Center in San Diego, CA.

  President's Circle - Residential GCI With Preaffiliated rGCI