Del Webb Dominates California Active Adult Home Market.

LINCOLN, Calif.--(BUSINESS WIRE)--

Nov. 4, 1999

New Meyers Group Report Names California's Top Selling Active

Adult Communities: Del Webb Communities Ranked Number 1, Number 2,

Number 3 and Number 4

Del Webb is California's preferred active adult community builder according to The Meyers Group, one of the nation's most distinguished real estate tracking companies.

Del Webb communities took top honors in the ranking of the state's active adult home builders by sales as of September 30,1999: 1) Sun City Lincoln Hills, 2) Sun City Palm Desert, 3) Clover Springs and, 4) Sun City Roseville. The communities posted sales of 484, 352, 184 and 87 respectively, totaling 1107 for the first nine months of the year.

Tim Sullivan, Principal of The Meyers Group, said, "Del Webb has demonstrated through consistent research and strong product and merchandising, an ability to not only establish -- but to expand -- the active adult market in California."

Commenting on Del Webb's market dominance in Northern California, he said "In my opinion, Del Webb's success with Sun City Roseville has made Northern California the ultimate destination for active adults. While the total percentage of new active adult community home sales in Phoenix and Las Vegas is between 7 and 10%, in the Sacramento region, active adult community new home sales accounts for between 10 and 12%."

Sun City Lincoln Hills and Clover Springs announced sales of 139 and 93 homes respectively from July 1 to September 30, 1999. A notable aspect of these figures is the success of Clover Springs in Sonoma County, one of Del Webb's few small-scale active adult communities. At just 175 acres, Clover Springs is shy the golf facilities and 1000 acre minimum that are hallmarks of the corporation's Sun Cities.

"Clover Springs demonstrates that, whether our communities are on a smaller scale or complete with resort-style activities, age 55+ buyers gravitate to Del Webb communities because of their reputation and attention to the needs of active adults nationwide," said Igor Noriega, Vice President Finance for Del Webb's Northern California Communities and General Manager, Clover Springs.

"Every day," said Noriega, "four new Del Webb active adult homes sell in California." Nationwide, Del Webb is selling one home per hour on average.

"This was the best first quarter in the history of Del Webb Corporation," said Phil Dion, Chairman and Chief Executive Officer. "That's a great start to what will likely be the most profitable year in our company's history."

What is Del Webb's secret? John Schleimer, analyst with Market Perspectives in Roseville, Calif., comments, "It comes as no surprise to me that Del Webb has the four top selling active adult communities in California. There is no company which understands more what active adults want in terms of product design, features and community amenities than Del Webb."

Del Webb Corporation, based in Phoenix, is the nation's leading builder of active adult communities for adults 55+. The company operates active adult communities in Phoenix, Ariz.; Las Vegas, Nev.; Cloverdale, Lincoln, and Palm Desert, Calif., Hilton Head S.C.; Georgetown, Texas; Ocala, Fla., and Huntley, Ill.

The company also builds family and country club communities in Arizona and Nevada. To access other news about Del Webb Corporation, visit the company's Internet site at http://www.delwebb.com, or call News-by-Fax at 800/758-5804, Ext. 236610.