Centex begins construction on new Manatee County high school

Business Wire, April 10, 1997

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 10, 1997--Centex Rooney Construction Co. Inc. Thursday announced it has begun construction on Lakewood Ranch High School, a $33 million project in Manatee County just outside of Bradenton, Fla.

The 287,000 square-foot high school is scheduled for completion in August 1998. The high school, with accommodations for approximately 1,900 students, will have four academic classroom buildings and also will include a 650-seat auditorium, media center, cafeteria, gymnasium, locker rooms and administrative offices.

Said Gary Huggins, project manager for Centex Rooney, "With a lot of hard work we've overcome some difficult budget challenges, but we've gotten the guaranteed maximum price approved and we will provide superior quality work and service to complete this project."

Centex Rooney Construction Co. Inc. is a 64-year-old Florida-based builder headquartered in Fort Lauderdale with regional offices in Miami, Orlando, Fort Myers, and Jacksonville. Centex Rooney, Florida's largest general contractor and construction manager, is a subsidiary of Centex Construction Group, a division of Centex Corp. Dallas-based Centex Corp., a New York Stock Exchange company (symbol:CTX), also is one of America's largest home builders and single-family mortgage originators.

CONTACT: Centex Rooney Construction Co.

Larry Casey

Phone: 954/771-7122

Fax: 954/776-4857