The Board of Directors HMG/Courtland Properties Inc. appointed Carlos Camarotti as Chief Financial Officer until his successor is elected and qualified. As Chief Financial Officer he will serve as HMG's principal financial officer and will have primary responsibility for HMG's financial operations and reporting. Mr. Camarotti, has been Vice President - Finance and Assistant Secretary for HMG for more than the past five years.

He has been Vice President and Assistant Secretary of HMGA Inc. for more than the past five years.