Corporate Profile for Colony Homes, dated September 13, 2002.

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Published Date:     September 13, 2002

Company Name:       Colony Homes

Address:            110 Londonderry Court
                    Suite 136
                    Woodstock, GA 30188

Main Telephone
 Number:            770/928-0092

Internet Home
 Page Address
  (URL)             colonyhomes.com

Chief Executive
 Officer:           Ronald E. Peiffer

Chief Financial
 Officer:           Rob Vacko

Investor Relations
 Contact:           Rob Vacko
 Business number:   770/928-0092 ext. 4561
 E-mail address:    [e-mail]

Public Relations
 Contact:           Susan Carter
 Business number:   770/928-0092 ext. 4503
 E-mail address:    [e-mail]

Industry:           Homebuilding

    Company description: Colony Homes is one of the largest
homebuilders in the country and is currently the largest
privately owned builder in the Southeast. With divisions in Atlanta,
Raleigh and Charlotte, the company is projected to close 1850 homes in
2002 with revenue of $240 million. Colony's homes are entry level and
priced from the low $100s. They are popular for their value in the
marketplace. Colony is known as an innovative, highly technologically
integrated company.

    --30--lrk/at*

   CONTACT: Colony Homes, Woodstock
            770/928-0092

   KEYWORD: GEORGIA NORTH CAROLINA
   INDUSTRY KEYWORD:    BUILDING/CONSTRUCTION
   PROFILE: YES