IRVINE, CA - February 1, 2006 - Woodbury Lane is now leasing brand new residences in the village of Woodbury, recognized by the National Association of Home Builders as the "Best Master-Planned Community of the Year". Situated near the corner of Groveland and Irvine Blvd., Woodbury Laneis offering luxury residences marked by classic elegance and stylish convenience.

Nestled inside this timeless master-planned village, Woodbury Lane offers residents a traditionally styled neighborhood with access to community recreational facilities and parks. Woodbury will include a 20-acre park, 16 different squares and garden parks, sites for both elementary and middle schools, a retail area, and The Commons of Woodbury, showcased by a spacious recreational center with multiple pools, athletic courts, athletic fields, gardens and a village green.

Woodbury Lane combines the enduring elegance of Santa Barbara style architecture with distinctive interiors and desirable amenities. Each residence features decorator accents such as crown molding, two-tone paint, plush carpeting, hardwood-style flooring in the kitchen and granite countertops in the kitchen and bathrooms. Stylish conveniences include an in-home washer and dryer, self-cleaning oven, microwave, side-by-side refrigerator with icemaker and a private one or two-car garage¿many with direct access.

All residences include private patios or balconies and central heating and air-conditioning to ensure year-round comfort. And every Woodbury Lane Apartment home is pre-wired for high-speed Internet access and multiple phone lines.

Apartment shoppers may choose from 9 unique floor plan designs including one and two-bedroom residences. Monthly pricing starts from $1,570 for a one bedroom apartment and $1,890 for a two-bedroom floor plan. Prices are subject to change.

Residents can refresh themselves in a Jr. Olympic-sized swimming pool and spa, take advantage of the poolside WIFI access, or work out in a fully equipped fitness center. Those who love the outdoors will enjoy the community's proximity to the Jeffrey Open Space Trail. The trail, which borders Woodbury, will ultimately connect major parks and wild lands from North Irvine to Crystal Cove State Park.

In the evenings, residents can relax in the gracious clubhouse or garden courtyard, complete with a fireplace, plasma-screen television and a fully equipped kitchen. Busy professionals will appreciate a private conference room and a business center, featuring computers with high-speed Internet access, scanner, color printer, fax, and copier. And all residents will enjoy Irvine Apartment Communities, nationally acclaimed customer service excellence.

The Irvine Company is a privately held real estate investment firm based in Newport Beach, California. Its operations are based primarily in Orange County, with additional properties in Los Angeles, San Diego and the Silicon Valley. The Irvine Company, through its affiliate, The Irvine Company Apartment Communities, operates more than 80 apartment communities, making it one of the largest builders and operators of apartment communities in California.

For more information on Woodbury Lane Apartment Homes, call (949) 451-5000, or stop by the leasing office at 100 Simplicity, in Irvine. To inquire about other exceptional community choices, call toll-free (888) 484-9281, or stop by the rental living Apartment Information Center, at Harvard and Main in Irvine, or visit www.rental-living.com.