Centex Homes is one of the nation's leading and largest homebuilders, operating in more than 90 markets in 25 states. We expect to build 25,000 homes this year and benefit our homebuyers by providing tremendous experience, buying power and value. Centex Homes is the only builder to rank among the Top 10 on Professional Builder's "Giant 400" list each year since its inception in 1968, and in 1998 the magazine named Centex Homes its "Builder of the Year."

Centex Corporation (NYSE:CTX), our parent company, is a Fortune 500 company. Centex, through its other subsidiaries, ranks as one of the nation's largest non-bank-affiliated retail mortgage loan originators and general building contractors. The company also has operations in home services and investment real estate and owns a majority interest in a publicly held construction products company. In 2002, Centex was ranked No. 1 for the third consecutive year on Fortune magazine's list of "America's Most Admired Companies" in the engineering and construction category.

Centex Communities include:

• Jennings Point at Oakleaf Plantation
• Brookshire Landing
• Pine Ridge
• Pottsburg Crossing
• MiraVista at Harbortown