FORT LAUDERDALE, Fla., Nov. 4 /PRNewswire-FirstCall/ -- BankAtlantic
Bancorp, Inc. (NYSE: BBX), the parent company of BankAtlantic, Ryan Beck &
Co., and Levitt Corporation, today announced its upcoming Investor Luncheon
meeting in London, England.
The Investor Luncheon meeting will be held on Tuesday, November 11, 2003,
from 12:15 to approximately 1:30, London time, at The City of London Club, 19
Old Broad Street, London EC2. Reservations are required. To RSVP, please
call Nigel Utley at City Insights at: 020 7920 3191.
BankAtlantic Bancorp's Executive Vice President and Chief Financial
Officer, James White, will give a corporate presentation followed by a
question and answer session. Included in the presentation will be a discussion
regarding the previously announced proposed spin-off of the company's real
estate development subsidiary, Levitt Corporation.
Chairman of the Board and Chief Executive Officer Alan B. Levan commented,
"We have been very fortunate to have attracted the attention of investors in
Great Britain in addition to institutional investors throughout Europe. This
is the first international investor event in the company's history and we are
very pleased to be personally meeting our overseas shareholders."
The presentation discussed at the Investor Luncheon meeting will be
available in the Investor Relations section of BankAtlantic Bancorp's Internet
website: http://www.BankAtlanticBancorp.com. Copies of the presentation can also be
received via email, fax or postal service by contacting BankAtlantic Bancorp's
Investor Relations department at the address provided at the end of this
release.
About BankAtlantic Bancorp:
BankAtlantic Bancorp (NYSE: BBX) is a diversified financial services
holding company and the parent company of BankAtlantic, Ryan Beck & Co., and
Levitt Corporation. Through these subsidiaries, BankAtlantic Bancorp provides
a full line of products and services encompassing consumer and commercial
banking, brokerage and investment banking, and real estate development.
BankAtlantic, "Florida's Most Convenient Bank," is one of the largest
financial institutions headquartered in Florida and provides a comprehensive
offering of banking services and products via its broad network of community
branches throughout Florida and its online banking division --
BankAtlantic.com. BankAtlantic has 73 branch locations and operates more
than 190 conveniently located ATMs. BankAtlantic is open 7 days a week and
offers holiday hours, extended weekday hours, Totally Free Change Exchange
coin counters, 24/7 call center service, and free retail and business checking
with a free gift.
Seven-Day Branch Banking - Monday through Sunday
* Extended branch lobby hours are 8:30 am - 5:00 pm, Monday through
Wednesday, and 8:30 am - 8:00 pm, Thursday and Friday.
* Extended drive-thru hours are 7:30 am - 8:00 pm, Monday through Friday.
* Saturday branch lobby hours are 8:30 am - 3:00 pm, and drive-thru hours
are 7:30 am - 6:00 pm.
* Sunday branch lobby hours are 11:00 am - 4:00 pm, and drive-thru hours
are 11:00 am - 4:00 pm.
Ryan Beck & Co. is a full-service broker dealer engaging in underwriting,
market making, distribution, and trading of equity and debt securities. The
firm also provides money management services, general securities brokerage,
including financial planning for the individual investor, consulting and
financial advisory services to financial institutions and middle market
companies. Ryan Beck & Co. also provides independent research in the
financial institutions, healthcare, technology, and consumer product
industries. Ryan Beck & Co. has in excess of 500 financial consultants
located in 33 offices nationwide
Levitt Corporation is the parent company of Levitt and Sons(TM), Core
Communities, and Levitt Commercial. Levitt Corporation and BankAtlantic
Bancorp also hold an aggregate 40% ownership interest in Bluegreen
Corporation. BankAtlantic Bancorp has announced plans to spin off Levitt
Corporation to shareholders at year-end, 2003, subject to receipt of a
favorable private letter ruling from the IRS.
Levitt and Sons(TM), America's first builder of planned suburban
communities, is best known for creating New York's Levittown, Long Island and
Levittown, PA. After building approximately 200,000 homes in over 74 years,
Levitt and Sons(TM) currently develops single and multi-family homes for
active adults and families throughout Florida.
Core Communities develops master-planned communities in Florida, including
its original and best known, St. Lucie West. St. Lucie West, the fastest
growing community on Florida's Treasure Coast for the last 7 years, is a
4,600-acre community with 4,000 built and occupied homes, 150 businesses
employing 5,000 people and a university campus. Core Communities' newest
master-planned community is "Tradition." Now under development on Florida's
Treasure Coast in St. Lucie County, Tradition features 5,600 residences, a
commercial town center and a world-class corporate park.
Levitt Commercial specializes in development, re-development, and joint
venture opportunities in industrial and retail properties.
Bluegreen Corporation (NYSE: BXG) engages in the acquisition, development,
marketing and sale of drive-to vacation resorts, golf communities and
residential land. The Company's resorts are located in a variety of popular
vacation destinations including the Smoky Mountains of Tennessee; Myrtle Beach
and Charleston, South Carolina; Branson, Missouri; Wisconsin Dells and
Gordonsville, Wisconsin; Aruba and throughout Florida. Bluegreen Corp.'s land
operations are predominantly located in the Southeastern and Southwestern
United States.
For further information, please visit our websites:
http://www.BankAtlanticBancorp.com
http://www.BankAtlantic.com
http://www.RyanBeck.com
http://www.LevittCorporation.com
http://www.LevittandSons.com
http://www.CoreCommunities.com
http://www.LevittCommercial.com
BankAtlantic Bancorp Contact Info:
Investor Relations:
Contact: Leo Hinkley, Vice President
Phone: (954) 760-5317
Fax: (954) 760-5415
Email: InvestorRelations@BankAtlanticBancorp.com.
Mailing Address: BankAtlantic Bancorp, Investor Relations
1750 East Sunrise Blvd., Fort Lauderdale, FL 33304
Corporate Communications:
Sharon Lyn, Assistant Vice President
Phone: (954) 760-5402
Fax: (954) 760-5415
CorpComm@BankAtlanticBancorp.com
* To receive future news releases or announcements directly via Email,
please click on the Email Broadcast Sign Up button on
http://www.BankAtlanticBancorp.com
Matters discussed in this press release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the forward-looking
statements contained herein. Future performance, including continued growth
of accounts and the success and profitability of seven-day banking and the
growth initiatives, is subject to a number of risks and uncertainties, which
are, in many instances, beyond the Company's control. In addition to the
risks and factors identified above, reference is also made to other risks and
factors detailed in reports filed by the Company with the Securities and
Exchange Commission.
SOURCE BankAtlantic Bancorp, Inc.
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Related links:
http://www.bankatlantic.com
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CONTACT:
Leo Hinkley, Vice President, +1-954-760-5317,
or InvestorRelations@BankAtlanticBancorp.com, or Corporate
Communications, Sharon Lyn, Assistant Vice President,
+1-954-760-5402, or CorpComm@BankAtlanticBancorp.com, both of
BankAtlantic Bancorp, Inc., fax, +1-954-760-5415
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