FORT LAUDERDALE, Fla., Sept. 30 /PRNewswire-FirstCall/ -- BFC Financial Corporation ("BFC") (NASDAQ:BFCF), the Florida-based holding company that invests in and acquires diverse operating businesses, today announced that its Managing Director, Phil Bakes, will host an investor dinner meeting in Boca Raton, Florida. The investor meeting will be sponsored by the CFA Society of South Florida. During the meeting, Mr. Bakes will give a presentation on BFC followed by a question and answer session. The investor dinner meeting will be held on Wednesday, October 5, 2005 from 5:30 p.m. to approximately 8:00 p.m. at the Boca Country Club located at 17751 Boca Club Blvd, Boca Raton, Florida. There is no charge to attend the dinner meeting, which is also open to non-member investors; however, RSVPs are required. To RSVP, please contact BFC's Investor Relations department at 954-940-4994 or register on the CFA Society of South Florida's website located at http://www.cfasouthflorida.org/events.php . The slide presentation discussed at the meeting will be available on BFC's website at http://www.bfcfinancial.com/ . To access the slides, please go to the Investor Relations section and click on the "presentations" button. Copies of the presentation can also be received via email, fax or postal service by contacting BFC's Investor Relations department at the address provided at the end of this release. 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). For further information, please visit our website at: http://www.bfcfinancial.com/ . To receive future news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button. About the CFA Society of South Florida: The CFA Society of South Florida is one of the many chapters and societies that comprise the CFA Institute. A non-profit organization founded in 1971, the CFA Society of South Florida serves the investment community and its members by promoting active participation in the Society and by providing useful tools to advance personal and professional development among members. Current membership consists of approximately 300 investment professionals, including members from bank trust departments, mutual funds, independent investment advisors, and other buy-side oriented financial professionals. Monthly programs range from various investment management related discussions to networking opportunities and events. The CFA Society of South Florida also conducts a comprehensive Chartered Financial Analyst prep program to assist local CFA candidates. For more information on the CFA Society of South Florida and its various offerings, visit the website at http://www.cfasouthflorida.org/ . 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 http://www.newscom.com/cgi-bin/prnh/20050714/FLTH001LOGO http://photoarchive.ap.org/ DATASOURCE: BFC Financial Corporation CONTACT: Investor and Corporate Communications, Sharon Lyn, Vice President, , or Investor Relations, Leo Hinkley, Senior Vice President, , both of BFC Financial Corporation, +1-954-940-4994, or fax, +1-954-940-5320 Web site: http://www.bfcfinancial.com/ http://www.cfasouthflorida.org/ http://www.cfasouthflorida.org/events.php

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