Royal Indian Raj International Corporation Signs Agreement With Nicklaus Design for Jack Nicklaus Signature Golf Courses Across India

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2008) - The Royal Indian Raj International Corporation (RIRIC), one of India's largest foreign direct investors in the real estate sector, announces the signing of an historic contract with Nicklaus Design. The world's leading golf course design company will create a series of world-class Jack Nicklaus Signature Golf Courses in India as centrepieces to RIRIC's revolutionary new resort and residential communities.

The first Jack Nicklaus Signature Golf Course for RIRIC is about to commence construction in Bangalore, India. The project is the flagship for RIRIC's series of new Master Planned Towns that will all feature Jack Nicklaus Signature Golf Courses.

"Nicklaus Design is without a doubt the top golf course design firm in the world and we are extremely happy to provide the game's finest course designer with a variety of idyllic locations outside of India's major cities for Jack Nicklaus to create new masterpieces," said RIRIC Chairman and CEO Manoj C. Benjamin. "We are delighted to have the chance to work with such a prestigious and globally recognized company as Nicklaus Design."

Mr. Nicklaus will be making his first visit to India this month to inspect the site first hand and advance the detailed and complex design and routing process involved in constructing the first Jack Nicklaus Signature Golf Course in India.

"It is a great privilege to be associated with a company like the Royal Indian Raj International Corporation," Jack Nicklaus said. "They have established themselves as pioneers in the Indian real estate sector and we are excited about the opportunity to be a part of the company's entry into the golf sector. I think RIRIC's goal is to set the standard for golf and residential communities in India, and I think we share the same vision for our golf course design."

Nicklaus Design currently has projects under development in 45 different countries. The RIRIC course is only the firm's second project in India and its first in almost a decade.

"We are excited about teaming up with Jack and his renowned design team to create golf courses of unequalled excellence and distinction for India," added Mr. Benjamin. "India is home to a fifth of the world's population, yet the golf industry in the nation is in a nascent state and we intend to develop a chain of golf courses and resorts throughout the Indian nation under the Royal Indian Raj Golf India private brand (www.golfindia.ca). It is only fitting that we begin this ambitious and worthwhile endeavour with the greatest player golf has known and its finest course designer."

About Royal Indian Raj International Corporation

Royal Indian Raj International Corporation, (RIRIC), incorporated in Nevada, USA, in March 1999, with offices in Vancouver, London, and Bangalore, India, maintains a country-specific, six-sector heavy infrastructure orientation, focused on the free world's largest emerging market, India. The company's vision is to help develop the New India by modernizing residential and commercial real estate developments, methodologies, and businesses through the realization of self-sustaining cities for the future. RIRIC implements leading-edge technologies and products in strategic alliance with world-class international corporations. Partnered with these international leaders in their respective fields, RIRIC is focused on five of India's priority infrastructure sectors using a vertically integrated business strategy:

Please visit our websites; www.rgvillas.com and www.riric.com.

About Nicklaus Design

For more than 35 years, the mission of the Nicklaus Companies has been to enhance the golf experience, and to bring to the national and international consumer golf-related businesses and services that mirror the high standards established in the career and life of Jack Nicklaus. These services include golf-course design, the development of golf and real estate communities, and the marketing and licensing of golf products and services.

The name Nicklaus has long been associated with greatness in golf and that legacy continues with the golf course design firm founded by Jack Nicklaus and owned by the Nicklaus family. Nicklaus Design, a team of the world's most accomplished golf course design associates, agronomists, and industry consultants is recognized as the world leader in golf course design. They have been involved with 325 courses open for play in 32 countries and 38 states. Of those, Jack Nicklaus has designed, co-designed, or re-designed 262 courses around the globe, 60 of which have been ranked in various national or international Top-100 lists. Nicklaus Design currently has courses under development in 45 different countries, 28 of which are new to the firm.

Nicklaus Design, lauded for years for its ability to masterfully weave golf course design with the residential component of a project, proved once again that it is an industry leader by taking almost a fifth of Golfweek's 2007 rankings of the Top 100 Residential Courses in the United States and 26 of Travel & Leisure Golf's Top 100 Golf Communities, including seven of the top 10. The marriage of high-end real estate and Nicklaus Design golf courses is among the most successful in the world. Real estate on Nicklaus courses consistently outperforms similar residential and resort properties, and maintain a quality and distinction unique in the world of golf course communities.

For this press release and additional information on Jack Nicklaus or Nicklaus Design, please visit www.nicklaus.com.