CORRECTED: Toll Brothers, Inc. Second Quarter 2007 Earnings Conference Call Thursday, May 24, 2007 @ 12:00 Noon

Business Wire, May 22, 2007

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 2007 results. The event, scheduled for 12:00 noon (EDT) on Thursday, May 24, 2007, will follow announcement of the Company's second quarter 2007 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, 2007.

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 over 300 communities throughout the United States. For more information visit www.tollbrothers.com.