Parse Error – Widgets

Hi,

I have declared three new widget areas on my homepage, but am getting this error when trying to view it:
Parse error: parse error in C:\wamp\www\3.0\wp-content\themes\ArtClass\homepage.php on line 38

Here is the code snippet I am using:

<div class="hp-col">
                <?php if (function_exists('dynamic_sidebar') && dynamic_sidebar('left_column')) : else : ?>
                <p class="title">What We Do</p>
                <p>At Chatham Painting Classes Nowra, We teach a variety of painting classes during a variety of times and days.</p>
                <div class="more-info"><a href="#">More Info on Painting Classes Nowra</a></div>
            </div>
            <div class="hp-col">
                <?php if (function_exists('dynamic_sidebar') && dynamic_sidebar('center_column')) : else : ?>
                <p class="title">Stop For A Chat</p>
                <p>I believe that everyone can paint & I can show you as many techniques as you want to learn.</p><p>Our classes are small & friendly. We can have a chat & a cuppa, while creating our works of art!</p>
                <div class="more-info"><a href="#">Chat with us at Painting Classes Nowra</a></div>
            </div>
            <div class="hp-col">
                <?php if (function_exists('dynamic_sidebar') && dynamic_sidebar('right_column')) : else : ?>
                <p class="title">View Our Gallery</p>
                <p>Take a look at what has been created from our classes, by the people who attend.</p><p>I also add artwork, painted by myself, that is for sale. </p>
                <div class="more-info"><a href="#">View our gallery at Painting Classes Nowra</a></div>
            </div>

Please can someone explain why I am getting this error?

If I comment out the 3 widget code snippets the page shows as normal.

Thanks