Toll Brothers, Inc. Second Quarter 2006 Earnings Conference Call, Tuesday, May 23, 2006 at 2:00 P.M

Business Wire, May 22, 2006

HORSHAM, Pa. -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its second quarter 2006 results and outlook for the future. The event, scheduled for 2:00 p.m. (EDT) on Tuesday, May 23, 2006, will follow announcement of the Company's second quarter 2006 results for earnings, revenues, contracts and backlog earlier the same day. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.

The call can be accessed through the Investor Relations portion of Toll Brothers' website, www.tollbrothers.com. Click on the Investor Relations page, and select "Conference Calls". The call can be heard live with an on-line replay which will follow and continue through July 31, 2006.

Toll Brothers, Inc. is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange and the Pacific Exchange under the symbol "TOL". The Company serves move-up, empty-nester, active-adult and second-home home buyers and operates from communities in 21 states throughout the United States.

Toll Brothers builds luxury single-family and attached home communities and master-planned luxury multi-product residential golf course communities principally on land it develops and improves. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, landscape, cable T.V. and broadband Internet delivery subsidiaries. The Company also operates its own lumber distribution, and house component assembly and manufacturing operations. For more information visit www.tollbrothers.com.