Beazer Homes Enters Fortune 500.

ATLANTA -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) is now among the 500 largest corporations in the U.S., based on revenues, according to Fortune magazine. The ranking is the result of the homebuilder's fiscal year 2004 revenues, totaling more than $3.9 billion.

"We are honored to join this prestigious list," said Ian J. McCarthy, president and chief executive officer of Beazer Homes. "Entering the Fortune 500 is a reflection of our strong market position within an industry which continues to exhibit robust fundamentals. It furthermore reflects continued execution of strategic initiatives that leverage our size, scale and geographic reach through our national brand."

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

Forward-Looking Statements

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors include, but are not limited to changes in general economic conditions, fluctuations in interest rates, increases in raw materials and labor costs, levels of competition, potential liability as a result of construction defect, product liability and warranty claims, the possibility that the Company's improvement plan for the Midwest and strategies to broaden target price points and lessen dependence on entry-level segment in certain markets will not achieve desired results, and other factors described in the Company's Form S-3/A filed with the Securities and Exchange Commission on August 17, 2004 and Annual Report on Form 10-K for the year ended September 30, 2004.