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BFC Financial Corporation to Hold Investor Luncheon Meeting in San Francisco, California

27 March 2006

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 luncheon meeting in San Francisco, California. During the meeting, Mr. Bakes will give a presentation on BFC to investors, followed by a question and answer session. The investor luncheon meeting will be held on Tuesday, March 28, 2006, from 1:00 p.m. to approximately 2:00 p.m. PST at The Banker's Club, located at 555 California Street, (Bank of America Building) 52nd Floor, San Francisco, CA.


To RSVP, please contact The Investor Connection at 1-888-977-9766 or investor relations at BFC at 954-940-4994.


The slide presentation discussed at the meeting will be available on BFC's website located 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 span 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 and its subsidiaries, BankAtlantic and Ryan Beck & Co.; Levitt Corporation, which includes its subsidiaries Levitt and Sons(TM) and Core Communities; Levitt Corporation's 31% ownership in Bluegreen Corporation, as well as a minority interest in the renowned national restaurant chain, Benihana, Inc.


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.


BFC Contact Info:


Investor and Corporate Communications:


Sharon Lyn, Vice President


Email: CorpComm@BFCFinancial.com


Investor Relations:


Leo Hinkley, Senior Vice President


Email: InvestorRelations@BFCFinancial.com


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

Source: prnewswire


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