Press Release

William McMahon Named Vice President of Weichert Insurance Agency

6/21/2005

MORRIS PLAINS, N.J. –- Weichert Insurance Agency has announced that William McMahon has been named vice president. Fred Watkins, president of Weichert Insurance Agency, made the announcement.

“Bill has shown the ability to grow business the Weichert way, by providing excellent products and services to our customers.” said Watkins. “We’re delighted to have him take on new responsibilities within the Weichert Family of Companies.”

McMahon has been with Weichert for 8 years and was instrumental as one of the founders of Weichert Gold Services, an innovative program of Weichert Financial Services that streamlines the mortgage process and provides one-stop homeownership solutions for a wide array of services. These include title insurance, homeowners insurance, home protection plans, and Weichert Home Connections services. Earlier in his career, McMahon helped expand the variety of mortgage products that Weichert offers.

Weichert Insurance Agency, founded in 1978, is a full service agency offering homeowner’s insurance, auto, life and health insurance.

Weichert has more than 15,400 residential real estate sales associates in over 330 company-owned and franchised sales offices in key markets throughout the U.S. A family of full-service real estate and financial service companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance. For more information, call Weichert's customer service center at 1-800-USA SOLD or visit Weichert's Web site, www.weichert.com. Each Weichert franchised office is independently owned and operated.