“In Their Own Words”

Dallas-based Centex (NYSE: CTX), founded in 1950, is one of the nation's leading home building companies. Centex operates in major U.S. markets in 25 states and delivered more than 39,000 homes in the United States in its most recent fiscal year ended March 31, 2006. In addition to its home building operations, Centex's related business lines include mortgage and financial services, home services and commercial construction.

These businesses provide operational or financial support to home building operations and are leaders in their respective industries. Centex consistently ranks among FORTUNE magazine's list of "America's Most Admired Companies" in our industry.

For the second quarter of fiscal year 2007 ended Sept. 30, 2006, the company reported the following results: revenues for the quarter of $3.32 billion and earnings from continuing operations of $86 million. Centex reported second quarter earnings per diluted share from continuing operations of $0.70. For fiscal year 2006, Centex reported revenues of $14.4 billion and earnings from continuing operations of $1.2 billion. Earnings per diluted share from continuing operations were up 35 percent to $9.20. Since becoming publicly held in 1969, Centex has never reported a quarterly or annual loss.

HOME BUILDING

Centex's Home Building operation consistently ranks among the largest multi-market, single-family home builders in the United States. Centex is the only company to rank among the Top 10 U.S. home builders for more than 40 consecutive years, according to Professional Builder magazine. When you choose Centex Homes to be your home builder, you are choosing a builder and a company that continuously receives recognition for excellence from its own industry and from the financial community as well. With awards ranging from being named "Most Admired Big Builder" multiple times by Big Builder magazine to FORTUNE magazine's list of "America's Most Admired Companies," Centex Homes stands tall as one of the nation's foremost builders of new homes. That we are worthy of such respect is very important to us and hopefully, it is equally important to you, because it sanctions our credibility and provides added assurance that you've made a wise choice in selecting Centex Homes.

Extensive Expertise

At Centex Homes, we know what matters to you. After all, we've been building homes of outstanding quality and design for over 50 years! We know that you want a builder whose expertise shines through in every aspect of the homebuilding process. We further want you to be secure in the knowledge that Centex Homes has fulfilled the dreams of thousands of homebuyers and their families. We will work diligently to gain your trust and confidence by providing you with established professional guidance and proven advice as you move forward with one of the biggest decisions you'll ever make in your lifetime.

Renowned quality and design
If you ask our customers, if you ask our competitors, you'll find out that Centex Homes delivers with the "Know-How" that only a company with over 50 years of building experience can. Always out front, Centex utilizes state-of-the-art building practices that are the result of thorough research and testing of new products and techniques. These are just some of the many reasons Centex has been named "Most Admired Big Builder" by our industry peers. And, we back what we build. Centex offers what we call our "Two Year Fit And Finish Warranty" - double that of the industry standard! This is in addition to our 10-year structural warranty. That's how confident we are that you will be completely satisfied with your new home and how we've built it.

An exceptional homeowner experience

At Centex, we are committed to assuring customer satisfaction and constantly improving the process. To achieve this, we are with you every step of the way - before and after the sale, during construction and after you've moved into your new home. We do not rest on our laurels, but rather, we continuously pursue new heights that ensure the highest levels of satisfaction with every aspect of your new home purchase. Is this an unrealistic promise? We don't think so, because if we don't deliver a top quality product and provide outstanding follow-up customer service to you, then we're not doing our jobs. Bottom line: We are totally committed to exceeding your expectations.