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LENNAR CORPORATION ANNOUNCES FILING OF REGISTRATION STATEMENT WITH THE SECURITIES AND EXCHANGE COMMISSION

 MIAMI, Feb. 2 /PRNewswire/ -- Lennar Corporation (NYSE: LEN) announced that it has filed a registration statement with the Securities and Exchange Commission relating to a sale by the company of 3 million shares of common stock (plus an additional 450,000 shares which may be issued on exercise of the underwriters' over-allotment option).
 The shares are to be offered in the United States through underwriters managed by Lehman Brothers and Morgan Stanley & Co. Incorporated and internationally through underwriters managed by Lehman Brothers International and Morgan Stanley International.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Lennar is a full-service real estate company. It is primarily engaged in homebuilding in Florida, Arizona and Texas, in the development and management of commercial and residential income- producing properties and other real estate-related assets and in real estate-related financial services.
 Copies of the preliminary Prospectus may be obtained from Lehman Brothers, American Express Tower, World Financial Center, New York, NY 10285 or from Morgan Stanley & Co. Incorporated, 1251 Avenue of the Americas, New York, NY 10020.
 -0- 2/2/93
 /CONTACT: Allan J. Pekor, financial vice president of Lennar Corporation, 305-559-4000/
 (LEN)


CO: Lennar Corporation ST: Florida IN: CST SU: OFR

JB-SS -- FL022 -- 2113 02/02/93 17:45 EST
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Publication:PR Newswire
Date:Feb 2, 1993
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