LEV Lion Electric Company

FORT LAUDERDALE, Fla., Aug. 10 /PRNewswire-FirstCall/ -- BFC Financial Corporation (NASDAQ:BFCF) ("BFC"), the Florida-based holding company that invests in and acquires diverse operating businesses, announced that its Managing Director, Phil Bakes, will participate in two key events at the upcoming Money Show(R) Exhibition to be held at the Wardman Park Marriott hotel in Washington, D.C., August 11-13, 2005. Mr. Bakes will host a workshop presentation entitled "Unleashing the Tiger - How Investing in Operating Businesses Can Create Uncommon Value" on Friday, August 12 from 9:00 a.m. to 9:45 a.m. In addition, he will be one of the presenters on a key Money Show(R) panel discussion on Friday, August 12 from 10:35 a.m. to 11:20 a.m., which will explore "How to Build Wealth Through Publicly Traded Companies." BFC will also be showcasing its family of companies, alongside over 120 other exhibitors, in the state-of-the-art exhibit hall in booth number 609. BFC recently completed a secondary equity offering of its "Class A" Common Stock resulting in approximately $47 million in net proceeds to the Company. The famous Money Show(R), which features 50 of Wall Street's top money managers, advisors, strategists and traders, ordinarily attracts over 8,000 investors from all over the country during the three-day event. The Washington, D.C. show will focus on "Stock Selection and Real Estate Investing for Income & Growth" and will offer over 150 free workshops and panel presentations for investors to choose from. For more information about the Washington, D.C. Money Show(R), please visit their website at http://www.moneyshow.com/ . 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 is typically a long-term, "buy and hold" investor whose direct and indirect, diverse ownership interests spans 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'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 31% ownership in Bluegreen Corporation (NYSE:BXG), as well as a minority interest in the renowned national restaurant chain, Benihana, Inc. (NASDAQ:BNHNA). BFC Contact Info: Investor and Corporate Communications: Sharon Lyn, Vice President Email: Investor Relations: Leo Hinkley, Senior Vice President Email: Mailing Address and Telephone: BFC Financial Corporation Attn: Investor Relations 2100 West Cypress Creek Road Fort Lauderdale, FL 33309 Phone: (954) 940-4994 Fax: (954) 940-5320 Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. When used in this press release and in any documents incorporated by reference herein, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify certain of such forward-looking statements. 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 ("BFC") 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. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting BFC or its underlying assets and their operations, markets, products and services; and that BFC shareholders' interests will be diluted in transactions utilizing BFC stock for consideration, that appropriate investment opportunities on reasonable terms and at reasonable prices will not be available, and the performance of those entities in which investments are made may not be as anticipated. When considering those forward-looking statements, you should keep in mind the risks, uncertainties, and other cautionary statement, and you should not place undue reliance on any forward-looking statement, which speaks only as of the date made. Any statement in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy. 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. The Company cautions that the foregoing factors are not exclusive. http://www.newscom.com/cgi-bin/prnh/20050714/FLTH001LOGO http://photoarchive.ap.org/ DATASOURCE: BFC Financial Corporation CONTACT: Sharon Lyn, Vice President of Investor and Corporate Communications, , or, Leo Hinkley, Senior Vice President of Investor Relations, , both of BFC, +1-954-940-4994, or fax, +1-954-940-5320 Web site: http://www.bfcfinancial.com/ http://www.moneyshow.com/

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