Investors | News Releases | Beazer Homes USA, Inc. Reports November Home Orders (Revised)

INVESTOR
RELATIONS

Investor Relations

News Releases

Beazer Homes USA, Inc. Reports November Home Orders (Revised)

December 4, 2002 at 10:25 AM EST

ATLANTA, Dec. 4 /PRNewswire-FirstCall/ -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com ) yesterday released preliminary unit net orders for November 30, 2002. While the totals for the two months ended November 30, 2002 were correct, amounts reported for the Southeast region and the Mid- Atlantic region for that period included a reclassification. Below are the corrected figures. All amounts reported for the month ended November 30, 2002 were correct.

                                           For the Month Ended November 30,
                                                                         %
                                               2002       2001       Change
     Southeast                                    380        293       29.7%
     West                                         340        350       -2.9%
     Central                                       88         86        2.3%
     Mid-Atlantic                                  94        103       -8.7%
     Midwest                                      206          0          n/a
     Total                                      1,108        832       33.2%

                                                       New Orders (Units)
                                      For the Two Months Ended November 30,
                                                                          %
                                               2002        2001       Change
     Southeast                                    733         646       13.5%
     West                                         712         674        5.6%
     Central                                      179         143       25.2%
     Mid-Atlantic                                 292         224       30.4%
     Midwest                                      412           0          n/a
     Total                                      2,328       1,687       38.0%

New orders for the one-month and two-month periods ended November 30, 2002, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 17, 2002. On a pro forma basis, new orders for the one-month and two-month periods ended November 30, 2001, including Crossmann's orders would have been 1,142 and 2,316 respectively.

Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers.

Contact: David S. Weiss
Executive Vice President & Chief Financial Officer
(404) 250-3420
dweiss@beazer.com