Meritage Homes Corp. to Webcast Annual Meeting of Stockholders.

DALLAS & SCOTTSDALE, Ariz. -- Meritage Homes Corp. (NYSE: MTH) today announced that the company will webcast its annual stockholders meeting on Wednesday, May 17, 2006, at 10 a.m. Central time. The webcast and accompanying materials will be accessible on the company's Web site at http://www.meritagehomes.com on the "Investor Relations" page, or by dialing 800-510-9836 and using passcode "Meritage."

The webcast replay will be available on the "Investor Relations" page of the company's Web site and through CCBN for two weeks at www.fulldisclosure.com. A replay will also be available by dialing 888-286-8010, and referencing passcode 18746735.

About Meritage Homes Corp.

Meritage Homes Corp. is a leader in the homebuilding industry. The company is ranked by Builder magazine as the 13th largest homebuilder in the United States and has been perennially included on Forbes' "Platinum 400 - Best Big Companies in America," the Fortune 1000 and Fortune's "Fastest Growing Companies in America" lists, and the S&P SmallCap 600 Index. Meritage operates in fast-growing states of the southern and western United States, including six of the top 10 single-family housing markets in the country, and has reported 18 consecutive years of record revenue and net earnings. For more information about the company, visit www.meritagehomes.com. Meritage is a member of the Public Home Builders Council of America (www.phbca.org).