LEV Lion Electric Company

BFC Financial Corporation Files Registration Statement with the Securities and Exchange Commission FORT LAUDERDALE, Fla., Feb. 18 /PRNewswire-FirstCall/ -- BFC Financial Corporation (NASDAQ:BFCF) announced today that it has filed a registration statement with the Securities and Exchange Commission relating to the offering of 3,600,000 shares of its Class A Common Stock, with an over allotment option of 540,000 shares. Ryan Beck & Co. has been selected as lead manager, and BB&T Capital Markets and Stifel, Nicolaus & Company, Incorporated have been selected as co-managers of the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. When available, copies of the prospectus, subject to completion, relating to these securities may be obtained by contacting Investor and Corporate Communications, BFC Financial Corporation, 1750 East Sunrise Blvd., Fort Lauderdale, Florida 33304. About BFC Financial Corporation: BFC Financial Corporation (NASDAQ:BFCF) is a diversified holding company that invests in and acquires private and public companies in different industries. BFC's current major holdings include BankAtlantic Bancorp (NYSE: BBX) and its subsidiaries, BankAtlantic and Ryan Beck & Co.; Levitt Corporation (NYSE:LEV), which includes its subsidiaries Levitt and Sons(TM) and Core Communities; Levitt Corporation's 36% ownership in Bluegreen Corporation (NYSE:BXG), as well as a minority interest in the renowned national restaurant chain, Benihana, Inc. (NASDAQ:BNHNA). BFC's direct and indirect diverse ownership interests span a variety of business sectors, including consumer and commercial banking; brokerage and investment banking services; homebuilding; development of master-planned communities; the hospitality and leisure sector through the development, marketing and sales of vacation resorts on a time-share, vacation club model; and the restaurant and family dining business. BFC Contact Info: Investor and Corporate Communications: Sharon Lyn, Vice President Email: Phone: (954) 760-5151, Fax: (954) 760-5415 Mailing Address: BFC Financial Corporation Attn: Investor Relations 1750 East Sunrise Boulevard, Fort Lauderdale, Florida 33304 Investor Relations: Leo Hinkley, Senior Vice President Email: 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. These forward-looking statements are based largely on the expectations of BFC Financial Corporation (the "Company"), and are subject to a number of risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control, including that the registration statement may not be declared effective by the Securities and Exchange Commission, that because of business, economic or market conditions the Company may decide not to pursue the sale of shares pursuant to the registration statement and that the proposed offering may otherwise not be consummated. http://www.newscom.com/cgi-bin/prnh/20041015/FLFLOGODATASOURCE: BFC Financial Corporation CONTACT: Investor and Corporate Communications: Sharon Lyn, Vice President, +1-954-760-5151, Fax: +1-954-760-5415 or ; Investor Relations: Leo Hinkley, Senior Vice President, , both of BFC Financial Corporation Web site: http://www.bfcfinancial.com/

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