Investors | News Releases | Beazer Homes USA, Inc. Reports May Home Orders

INVESTOR
RELATIONS

Investor Relations

News Releases

Beazer Homes USA, Inc. Reports May Home Orders

June 4, 2002 at 4:40 PM EDT
ATLANTA, Jun 4, 2002 /PRNewswire-FirstCall via COMTEX/ -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com ) today released preliminary unit net orders for the one-month and two-month periods ended May 31, 2002.

                                    New Orders (units)    New Orders (units)
                                           Month             Two Months
                                       Ended May 31,        Ended May 31,
                                    2002   2001  Change  2002   2001   Change
    Southeast                         419   307   36.5%    884    675   31.0%
    West                              410   358   14.5%    865    848    2.0%
    Central                           100   104   -3.8%    216    201    7.5%
    Mid-Atlantic                       87   130  -33.1%    229    262  -12.6%
    Midwest                           307     0      n/a   750      0     n/a
    Total                           1,323   899   47.2%  2,944  1,986   48.2%
New orders for the one-month and two-month periods ended May 31, 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 May 31, 2001 including Crossmann's orders would have been 1,395 and 3,089, respectively.

New orders for the one-month periods ended May 31, 2002 and 2001 include no units for affordable housing developments being built through governmental programs. New orders for the two-month periods ended May 31, 2002 and 2001 include 0 and 154 units, respectively, being built through such programs.

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, 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.

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