Frank Crivello and Century Shopping Center Fund I, a Limited Partnership settle 11 Year Old Suit
related to Oak Creek, Wisconsin Shopping Centers.

Milwaukee, Wisconsin --March 16, 2001-- Frank P. Crivello announced that he settled the remainder of the above captioned litigation for the approximate cost of defense. Frank Crivello stated: "I am pleased to finally have this matter behind me. This litigation started in 1988 and it has meandered through various courts, decisions, appeals, and finally this resolution. Counsel for the Plaintiff did a brilliant job of 'painting' common lease and development negotiations as a sinister plot to hurt his client. Notwithstanding the fact I am happy the matter is now resolved, I continue to strenuously deny the allegations and characterizations by the Plaintiff and its counsel."

Frank Crivello was represented by Leonard G. Leverson, Kravit, Gass, & Weber, S.C., www.kravitlaw.com, in connection with this litigation.

The suit by Century Shopping Center Fund I, a Limited Partnership, charged that Fleming Companies, Inc.'s subsidiary, a division of the nation's 86th largest public company, tried "to create a monopoly," violating state antitrust and racketeering laws. In 1988, Godfrey moved its Sentry store out of Howell Plaza, in the 8700 block of S. Howell Ave., at Puetz Road, and into a shopping center being developed by Frank P. Crivello across the street. After the move, Godfrey Company continued leasing from Century Shopping Center Fund I, a Limited Partnership and paid its rent. The suit further alleged Godfrey Company, which operates Sentry Foods, intentionally damaged space in the Howell Plaza mall, where it had rented as an anchor location for more than two decades. According to the suit, employees of Godfrey Company at some point filled floor drains and refrigerator pipes with concrete. Fleming denied the allegations.

Fleming Companies, Inc. settled their liability under this suit for $6.8M in January, 1999. Joseph A. Crivello was released of further liability at the time of the payment by Fleming Companies, Inc. of the settlement.

Joseph Crivello stated: "I never had any ownership interest whatsoever in this real estate. Century Capital dragged me into this matter to grab headlines and garner leverage over Frank P. Crivello, my cousin and long time partner."

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