Del Webb Brand Positioned to Serve Growing Number of Active Adult Homebuyers Across America

Business Wire, June 8, 2005

BLOOMFIELD HILLS, Mich. -- 22 New Del Webb Communities Scheduled to Open for Sale in 2005 - Mid-2006

From California's lush Central Valley to the banks of the meandering Catawba River in South Carolina, new Del Webb communities are scheduled to spring up across America in 2005 and early 2006.

More than 20 new Del Webb communities are expected to open for sale during that period, just in time for the onset of aging Baby Boomers. The communities range in size from intimate settings of 350-plus homes to large-scale communities in excess of 7,000 homes. Combined, these 22 new communities are expected to account for a total of more than 36,000 homes at ultimate build-out.

"There are more than 44 million Americans today between the ages of 55 and 75," said Richard J. Dugas, Jr., president and CEO of Pulte Homes (Del Webb is a Pulte Homes brand). "Add all of the aging Baby Boomers and by 2020 that number is expected to swell to more than 80 million. When we look at results from this year's Del Webb Baby Boomer survey, that at least half of them say they plan to buy a home for retirement, we think interest from this segment of the market for active adult communities in general, and Del Webb specifically, is going to be strong for some time.

"We're in a great position to continue to deliver the high-quality, vibrant communities that active adults expect from Del Webb," Dugas said.

Here is more information on the 22 Del Webb communities expected to open for sale from now through mid-2006.

WESTERN U.S.

California

To-be-named community, Elk Grove, sales begin fall 2005, 630 homes, recreation center, 17 acres of walking trails, public parks and open space.

Copper Ridge by Del Webb at Fox Hills, Los Banos, sales begin late 2005, 350 homes, upscale ranch-themed community with 18-hole championship golf course.

Woodbridge by Del Webb, Manteca, sales begin spring 2006, 1,400 homes, 22,000-square-foot Norman Rockwell-inspired recreation center, softball diamond, lake, bocce.

Willow Shores by Del Webb, Stockton, sales begin spring 2006, 750 homes, recreation center, lakes for boating, walking trails.

Nevada

Solera at Stallion Mountain, Las Vegas, sales begin this spring, 700 homes, Spanish ranch-style architecture in 10,000-square-foot community center with fitness facility, resort-style and lap pools.

The Club at Madeira Canyon, Henderson, sales begin this spring, 500 homes, perched above Las Vegas, surrounded on three sides by conservation area, reading room in 10,000-square-foot clubhouse has wi-fi technology.

Arizona

Sun City Festival, Buckeye, sales begin early 2006, 7,200 homes, two 18-hole championship golf courses, recreation centers, myriad of outdoor amenities, Arizona State Univ. Lifelong Learning Center, wellness center.

Anthem by Del Webb at Merrill Ranch, Florence, multi-generational community includes Sun City, non-age-restricted Del Webb and Pulte neighborhoods, sales begin early 2006, approx. 7,100 Del Webb-related homes, Anthem community will feature a recreation center, 18-hole championship golf course, water park, sports fields, parks.

Colorado

Anthem Ranch by Del Webb, Broomfield, part of multi-generational Anthem Colorado, includes 1,500 Del Webb and 1,600 Pulte traditional homes, sales begin this summer, first Del Webb community in the Rockies, 25,000-square-foot recreation center, open space and trails, views of Front Range mountains.

Texas

Frisco Lakes by Del Webb, Frisco, sales begin early 2006, 2,400 homes, lakefront development with 18-hole championship golf course, 400 acres of open space, six miles of walking trails, 20 miles north of Dallas.

Hill Country Retreat by Del Webb, San Antonio, sales begin early 2006, 2,000 homes, minutes from Sea World, near Texas Hill Country, two new hospitals planned in the area, AARP ranks San Antonio in Top 10 of best places to retire in America.

Illinois

Edgewater by Del Webb, Elgin, sales have started, approx. 1,000 homes, indoor and outdoor swimming pools, state-of-the-art fitness center, gatehouse staffed 24/7.

To-be-named community, Mundelein, sales begin summer 2006, approx. 800 homes, in the heart of Lake County, state-of-the-art fitness facility, indoor and outdoor swimming pools, tennis courts, bocce.

EASTERN U.S.

Michigan

Bridgewater by Del Webb, Brownstown, first Del Webb community in Michigan, sales start this fall, 620 homes, fully staffed 15,000-square-foot recreation center, indoor and outdoor swimming pools, outdoor gazebo and tot lot for visiting grandkids.

Grand Reserve by Del Webb, Grand Blanc, sales start spring 2006, 450 homes, state-of-the-art 15,000-square-foot recreation center, indoor and outdoor swimming pools, adjacent to Raymond Floyd-designed golf course.

Ohio

Pioneer Ridge by Del Webb, North Ridgeville, first Del Webb community in Ohio, sales start this summer, approx. 600 homes, 14,000-square-foot recreation center, indoor and outdoor swimming pools, fitness complex, and multi-purpose rooms.

Delaware

Coastal Club by Del Webb, Lewes, first Del Webb community in Delaware, sales start early 2006, 630 homes, close to both the Atlantic Ocean and Cape May-Lewes ferry, wooded paths, ponds and streams.