California Coastal Communities, Inc. (CALC) CEO to Ring the NASDAQ Stock Market Closing Bell

ADVISORY, Nov. 2, 2006 (PRIMEZONE) --

What: Raymond Pacini, CEO of California Coastal Communities, Inc. (CALC) will preside over the closing bell. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Friday November 3rd, 2006 at 4:00 p.m. EDT Contacts: Raymond Pacini, CEO 949-250-7781 rpacini@ca-com.com NASDAQ MarketSite: Stephanie Lowenthal; 646.441.5220

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About California Coastal Communities, Inc. (CALC):

California Coastal Communities, Inc. (Nasdaq:CALC) is a residential land development and homebuilding company operating in Southern California. The Company's principal subsidiaries are Signal Landmark and Hearthside Homes, Inc. Signal Landmark owns 110 acres on the Bolsa Chica mesa, in Orange County, California. The Company obtained a coastal development permit from the California Coastal Commission in December 2005 for its Brightwater residential community on the Bolsa Chica mesa. Brightwater overlooks 120 acres of publicly-owned open space on the Bolsa Chica mesa, the Pacific Ocean and the Bolsa Chica wetlands, and represents one of the last opportunities to develop a master planned community on the Southern California coast. Construction of the 356 single-family home community commenced in June 2006 and grading was completed in October. The Company currently expects to begin building model homes during November and start selling homes in June 2007. Hearthside Homes, Inc. (see www.hearthside-homes.com) has delivered 2,000 homes to families throughout Southern California since its formation in 1994.

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