BOCA RATON, Fla.--(BUSINESS WIRE)--July 24, 2007--Bluegreen Corporation (NYSE:BXG), a leading provider of Colorful Places to Live and Play(R), today announced that it will issue its financial results for the second quarter ended June 30, 2007 on Thursday, July 26, 2007 after the close of the stock market. Management will conduct a conference call on Friday, July 27, 2007 at 9:00 a.m. Eastern Time to discuss these results.

Interested parties may participate in the call by dialing (800) 638-4930 (Domestic) or (617) 614-3944 (International) and use the code 76269518 approximately 10 minutes before the call is scheduled to begin, and ask to be connected to the Bluegreen conference call. A recorded replay of the call will be available until August 24, 2007. Listeners may dial (888) 286-8010 (Domestic) or (617) 801-6888 (International) and use the code 88774819 for the replay.

In addition, the conference call will be broadcast live over the Internet at Bluegreen's corporate web site, www.bluegreencorp.com. To listen to the live call on the Internet, go to the web site at least 15 minutes early to register, download and install any necessary audio software. If you are unable to participate in the live call, the conference call will be archived and can be accessed on Bluegreen Corporation's web site for approximately 90 days.

ABOUT BLUEGREEN CORPORATION

Bluegreen Corporation (NYSE:BXG) is a leading provider of Colorful Places to Live and Play(R) through two principal operating divisions. With over 170,000 owners, Bluegreen Resorts markets a flexible, real estate-based vacation ownership plan that provides access to over 40 resorts and an exchange network of over 3,700 resorts and other vacation experiences such as cruises and hotel stays. Bluegreen Communities has sold over 55,000 planned residential and golf community homesites in 32 states since 1985. Founded in 1966, Bluegreen is headquartered in Boca Raton, Fla., and employs over 5,800 associates. In 2005, Bluegreen ranked No. 57 on Forbes' list of The 200 Best Small Companies and No. 48 on FORTUNE'S list of America's 100 Fastest Growing Companies. More information about Bluegreen is available at www.bluegreencorp.com.

    CONTACT: Bluegreen Corporation
             Tony Puleo
             Chief Financial Officer
             561-912-8270
             tony.puleo@bluegreencorp.com
             or
             Investor Relations:
             The Equity Group Inc.
             Devin Sullivan, 212-836-9608
             dsullivan@equityny.com

    SOURCE: Bluegreen Corporation