PGP Valuation Appoints Lance Doré to VP Client Services

Establishment of Senior Leadership Role Highlights Company`s Dedication to
Expanding Services for Government, Institutional and Corporate Accounts
CARLSBAD, Calif.--(Business Wire)--
PGP Valuation Inc., the industry-leading appraisal services firm with offices
worldwide, has announced that Lance W. Doré, MAI, FRICS, has been appointed to
the newly created position of Vice President, Client Services. In his new
corporate role, Doré will be responsible for the firm`s major client
relationships benefiting from the company`s national and international service
delivery platforms. Further, he will oversee personnel and quality standards
associated with the delivery of valuation services to these clients.

"Lance is one of the most recognized and respected valuation industry experts of
our time," said Ken Harrison, CEO & President of PGP Valuation Inc. "His depth
of knowledge - across a whole spectrum of property profiles and geographies -
has a long history of generating powerful results. Now, Lance will carry his
mastery across our organization for the benefit of PGP clients seeking truly
integrated services across broad geographies."

"I am extremely pleased to have the opportunity to expand PGP`s practice
expertise while providing even greater levels of service to our growing and
diverse range of corporate, institutional and government clients," said Doré.
"We are uniquely suited to serve the needs of portfolio-driven clients in these
especially challenging times. Our insights and specialized services are already
proving themselves to be of genuine and increasing value."

Doré, a 26 year industry veteran, holds geographic expertise across the United
States as well as Asia, Central America, Mexico and Europe while supporting a
range of clients and property types. His work has included the valuation of
energy related properties, special purpose lands and facilities, as well as a
wide variety of office, retail, industrial, and multi-family projects. He is an
adjunct professor at the Russian Finance Academy and has been a guest speaker
and instructor at the Pan Pacific Conference on Valuation, for the Government of
Cyprus, for the Russian Federation on the Valuation of Oil and Gas and Power
Plants, for the Royal Institute of Charter Surveyors on the Government and
Regulatory Risk for Real Estate, and for Pepperdine University, Graziadio School
of Business and Management.

Founded in 1978, PGP Valuation Inc. is the world`s largest valuation services
firm and a member of the Collier`s International real estate family of
companies, a First Service CRE organization. PGP and its affiliates maintain
offices in over 25 major North American markets with expanded coverage in over
88 International markets. The company offers differentiated property valuation
services through proprietary data, technology, analysis and delivery methods.
Its depth of experience, as well as many highly specialized areas of practice,
is the result of over 1200+ valuation experts providing unparalleled quality and
service on a worldwide basis. www.pgpinc.com

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PGP Valuation Inc.
Joe Fitzpatrick, 213-399-4999
joe.fitzpatrick@pgpinc.com

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