DOYLE NEW YORK AND PRUDENTIAL CONNECTICUT REALTY ANNOUNCE NEW MARKETING ALLIANCE

Relationship to be Launched with Free Appraisal Day in Greenwich on February 2, 2005

Kathleen M. Doyle Chairman/CEO Doyle New York Peter Helie President/CEO Prudential Connecticut Realty

Doyle New York, one of the world's leading auctioneers and appraisers, and Prudential Connecticut Realty, the premier Connecticut-based real estate firm, have announced the formation of a strategic marketing alliance. The new relationship provides clients of both companies with the experience and professionalism of Prudential Connecticut Realty's real estate capabilities combined with Doyle New York's expert appraisal and auction services. Both companies have built reputations on providing the highest standards of excellence in their respective industries.

As part of the new alliance, Doyle New York and Prudential Connecticut Realty will co-host a series of free monthly appraisal days by appointment at Prudential offices throughout Connecticut. Auction evaluations for jewelry, fine art, furniture and decorations will be provided by Doyle's team of appraisers, many of whom are featured on the popular PBS television series, Antiques Roadshow. The first appraisal day will take place in Greenwich on February 2 at the Prudential office located at 136 East Putnam Avenue. Members of the public may schedule a confidential appointment with an appraiser by calling Doyle New York's Connecticut Representative Lorraine Tuohy at (203) 618-9749.

"We are delighted to be entering into a relationship with Prudential at this time when both markets are experiencing huge growth and strong prices," said Kathleen M. Doyle, Chairman and CEO of Doyle New York. "Doyle New York and Prudential Connecticut Realty both offer a tradition of exceptional service to clients whether they are buyers or sellers. Our goal is to make it as easy as possible for our clients to realize the maximum value of their personal property and their real estate."

"We are excited about the opportunity that this new partnership provides to our clients," said Peter Helie, President/CEO of Prudential Connecticut Realty. "Doyle New York and Prudential Connecticut Realty share the philosophy of providing their clients with the best possible service, and we feel strongly that this partnership will enhance our ability to do just that."

DOYLE NEW YORK
Headquartered in New York City, the global capital of the auction market, Doyle offers general and specialty auctions featuring fine art, jewelry, furniture, decorations and other property from private collections, prominent estates, and distinguished institutions across the nation and around the world. For forty years, Doyle New York has served a large client base in Connecticut, and has coordinated and simplified the appraisal and auction process for collectors, museums, heirs and estate executors throughout the state. For the past 7 1/2 years, Lorraine Tuohy has served as Doyle New York's Connecticut Representative and Director of Doyle's Regional Representatives. 

PRUDENTIAL CONNECTICUT REALTY
Prudential Connecticut Realty, the number one real estate company in Connecticut, has 40 sales offices and over 1,350 sales executives serving the entire state. Special divisions and services include Fine Homes International, Unique Properties, New Homes & Land, Active Adult, Commercial, Relocation plus our exclusive one-stop shopping Home Efficient services including Mortgage, Insurance and Title & Settlement closing services. Visit www.PrudentialCT.com to see more than 28,000 properties for sale in Connecticut.

Doyle New York and Prudential Connecticut Realty will remain two separate companies.