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WASHINGTON HOMES 3 MILLION SHARE INITIAL PUBLIC OFFERING PRICED AT $9 PER SHARE

 LANDOVER, Md., Feb. 26 /PRNewswire/ -- Washington Homes, Inc. announced today the initial public offering of 3 million shares of its common stock at $9 per share. The offering was underwritten by PaineWebber Incorporated, Dean Witter Reynolds Inc. and Ferris, Baker Watts Incorporated. The company's common stock is quoted on the NASDAQ National Market System under the symbol WHIN.
 Washington Homes is engaged principally in the design, construction, marketing and sale of single-family detached homes, townhomes and condominiums primarily to first-time and first move-up homebuyers in the Washington and Baltimore metropolitan areas.
 This is neither an offer to sell nor a solicitation of an offer to buy these securities. The offer is made only by the prospectus. Copies of the prospectus may be obtained in those states in which the underwriters may lawfully offer the securities.
 -0- 2/26/93
 /CONTACT: Geaton A. DeCesaris Jr., president and chief executive officer of Washington Homes, Inc., 301-772-8900/
 (WHIN)


CO: Washington Homes, Inc. ST: Maryland IN: CST SU: OFR

CK -- NY022 -- 0796 02/26/93 10:51 EST
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Publication:PR Newswire
Date:Feb 26, 1993
Words:174
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