Cap Cana again extends consent deadline in exchange for 9 5/8% secured notes due 2013

New York, April 23 - Cap Cana, SA said it extended for yet another time the consent deadline in its offer to exchange its outstanding 9 5/8% senior secured notes due 2013 for up to $137,032,000 principal amount of its new 10% senior secured notes due 2016 and up to $133.75 million principal amount of its 10% senior secured recovery notes due 2016.

The consent deadline is now 5 p.m. ET on April 24, delayed from 5 p.m. ET on April 23. It had previously been extended from 5 p.m. ET on April 20 and before that April 13.

Cap Cana announced the exchange offer and consent solicitation on March 31.

The exchange expiration remains at 11:59 p.m. ET on April 30, the deadline announced at the last extension on April 17. It had previously been April 27.

Cap Cana will pay a fee of $5 per $1,000 principal amount for notes tendered by the early consent payment deadline.

The company also will pay accrued interest.

Weston International Capital Markets LLC (212 888-4560) is the dealer manager. Global Bondholder Services Corp. (866 924-2200 or 212 430-3774 for banks and brokers only) is the exchange agent and information agent.

Cap Cana is a Santo Domingo, Dominican Republic-based resort.

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