Levitt Corporation to Relocate Its San Francisco Investor Luncheon Meeting to the Intercontinental Mark Hopkins Hotel

Business Wire, Sept 28, 2004

FORT LAUDERDALE, Fla. -- Levitt Corporation, (NYSE:LEV), today announced that its upcoming Investor Luncheon Meeting in San Francisco, California has been relocated to the Intercontinental Mark Hopkins Hotel at One Nob Hill, 999 California Street in San Francisco.

The Investor response exceeded the company's expectations requiring a larger meeting space in order to accommodate their guests. The meeting was previously scheduled to be held at the Stanford Court Hotel.

Seth Wise, Executive Vice President of Levitt Corporation and George Scanlon, Executive Vice President and Chief Financial Officer, will give a corporate presentation followed by a question and answer session.

The Investor Luncheon Meeting will be held on Thursday, September 30, 2004 from 1:00 p.m. to approximately 2:00 p.m. (Pacific Time). To RSVP, please call The Investor Connection at 1-888-977-9766.

Slide Presentation

--The slide presentation will be available on Levitt Corporation's Website. To access the slides, click on the following link or type the URL address www.levittcorporation.com/investor/presentations/index.php into your Internet browser.

--Copies of the presentation slides can also be received via email, fax or the postal service by contacting Levitt Corporation's Investor Relations department at the numbers provided at the end of this release.

About Levitt Corporation:

Levitt Corporation, the parent company of Levitt and Sons (TM), Bowden Homes and Core Communities, develops single-family homes and master-planned communities.

Levitt and Sons (TM), America's first builder of planned suburban communities, is best known for creating New York's Levittown, Long Island and has built approximately 200,000 homes over the last 75 years. Levitt and Sons (TM) currently develops single and multi-family home communities for active adults and families in Florida and Georgia.

Bowden Homes, founded in 1971, has been one of the largest home-builders in Memphis and the surrounding metropolitan area for eight consecutive years. Bowden Homes focuses on building distinctively featured family housing in the Memphis, Nashville and north Mississippi areas. Levitt Corporation acquired Bowden Homes in April 2004.

Core Communities develops master-planned communities in Florida, including its original and best known, St. Lucie West, the fastest growing community on Florida's Treasure Coast for the past seven years. Core Communities' newest master-planned community is Tradition. Now under development on Florida's Treasure Coast in St. Lucie County, Tradition is a 9,000-acre community that will ultimately feature 20,000 residences, when all approvals are in place, as well as a commercial town center and a world-class corporate park.

Bluegreen Corporation engages in the acquisition, development, marketing and sale of drive-to-vacation resorts, golf communities and residential land. Bluegreen's resorts are located in a variety of popular vacation destinations including the Smoky Mountains of Tennessee; Myrtle Beach; Charleston, South Carolina; Branson, Missouri; Wisconsin Dells; Gordonsville, Wisconsin; Aruba; and throughout Florida. Bluegreen Corp.'s land operations are predominantly located in the Southeastern and Southwestern United States. Levitt Corporation holds an approximate 36% ownership position in Bluegreen Corporation.

For further information, please visit our websites:

http://www.LevittCorporation.com

http://www.LevittandSons.com

http://www.CoreCommunities.com

http://www.BowdenHomes.com

http://www.Bluegreen-corp.com

Levitt Corporation Contact Information
Investor Relations and Corporate Communications:
Christine Cannella
Vice President Investor Relations
Phone: (954) 760-5222, Fax: (954) 760-5415
Email: InvestorRelations@LevittCorporation.com
or
Sharon Lyn
Assistant Vice President
Phone: (954) 760-5402, Fax: (954) 760-5415
Email: CorpComm@LevittCorporation.com

Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. In addition to the risks and factors identified above, reference is also made to other risks and factors detailed in reports filed by the Company with the Securities and Exchange Commission.