EX-99.1 3 a2107671zex-99_1.htm EXHIBIT 99.1
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Exhibit 99.1

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    Press Release
For Immediate Release

Beazer Homes USA, Inc. Reports Home Orders
for the Quarter Ended March 31, 2003

Atlanta, Ga., April 3, 2003—Beazer Homes USA, Inc. (NYSE:BZH) (www.beazer.com) today released preliminary unit net orders for the quarter ended March 31, 2003.

 
   New Orders (Units)
For the Quarter Ended March 31,
  
 
   2003
   2002
   %
Change
  
Southeast   1,628   1,098   48.3 %
West   1,277   1,273   0.3 %
Central   296   358   (17.3 )%
Mid-Atlantic   496   413   20.1 %
Midwest   882   0   n/a  
   
 
     
Total   4,579   3,142   45.7 %
   
 
     

New orders for the quarter ended March 31, 2003, include orders from Crossmann Communities, Inc., which Beazer acquired effective April 17, 2002. On a pro forma basis, new orders for the quarter ended March 31, 2002, including Crossmann's orders would have been 4,717.

Beazer Homes USA, Inc., based in Atlanta, Georgia, is one of the country's ten largest single-family homebuilders with operations in Arizona, California, Colorado, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Virginia. Beazer Homes also provides mortgage origination and title services to its homebuyers.

Contact:   David S. Weiss
Executive Vice President & Chief Financial Officer
(404) 250-3420
dweiss@beazer.com


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