Horst Property Management Congratulates A. Steven Horst III on his Promotion to Vice President of Commercial Management (July 16, 2002) (Manheim Township) Lancaster, PA - Horst Property Management is pleased that A. Steven Horst III has become Vice President of Commercial Management while retaining his previous responsibilities as Vice President of Development, after seven years in a leadership role with the Horst Group. As Vice President of Commercial Operations and Development, Horst will use his development and property management experience toward enhancing performance of properties and expanding services to customers. Horst Property Management’s commercial business that includes management of Granite Run Corporate Center, Rapho Business Park, Earland Business Park and numerous other properties. Horst says, “I am eager to build on relationships with our many customers by listening to their concerns and being responsive.” Kevin Brown, executive vice president of Horst Property Management, enthusiastically welcomes Horst’s experience as an owner’s representative and successful manager of commercial properties already in the company’s portfolio, saying, “Steven brings not only his financial and development perspective to growing this business, but also a strong commitment as a fifth generation Horst to honoring the tradition of honest, long-term business relationships.” Horst has a B.S. in Business Administration, with an Economics Minor from Messiah College. He holds both stockbrokers and real estate licenses. He resides in Lancaster with his wife and daughter. The Horst Group (recently named the 15th Best place to Work in Pennsylvania) is a family of diversified construction, property management and insurance companies (Horst Construction, Horst Excavating, Horst Masonry, Horst Painting, Horst Property Management—commercial, residential, association, hospitality and seniorcare development, management and janitorial services, Horst Insurance and Horst Financial Services), serving the mid-Atlantic region. Situated in Lancaster County, Pennsylvania’s Granite Run Corporate Center, the Horst Group has a tradition of service dating back to 1880. To contact the Horst Group, call 717.581.9800 or visit http://www.horstgroup.com/. For more information regarding this release, please contact Karen Haski, communications manager, Horst Group, call 717.581.9817 or email to khaski@horstgroup.com. # # #