BFC Financial Corporation to Host Investor Luncheon Meeting in Milwaukee

FORT LAUDERDALE, Fla., Oct. 8 /PRNewswire-FirstCall/ — BFC Financial Corporation (“BFC”) (NYSE Arca: BFF), 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 Milwaukee, Wisconsin. During the investor luncheon meeting, Mr. Bakes will give a presentation on BFC followed by a question and answer session.

The meeting will be held on Wednesday, October 10, 2007 beginning at 12:00 Noon at The Milwaukee Athletic Club. The Milwaukee Athletic Club is located at 758 N. Broadway, Milwaukee, Wisconsin.

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 To access the slides, 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 (NYSE Arca: BFF) 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; 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; the restaurant and family dining business, and real estate investment banking and investment services. BFC’s current major holdings include a controlling interest in BankAtlantic Bancorp and its subsidiary, BankAtlantic; BankAtlantic Bancorp’s 16% ownership in Stifel Financial Corporation; a controlling interest in Levitt Corporation, which includes its subsidiaries Levitt and Sons(TM) and Core Communities; Levitt Corporation’s 31% ownership interest in Bluegreen Corporation; a minority interest in the national restaurant chain, Benihana, Inc. and Cypress Creek Capital, a wholly- owned subsidiary.