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Press Release: Levitt Corporation
April 27, 2005
FORT LAUDERDALE, FL -- Levitt Corporation (NYSE:LEV) announced yesterday that it would post its financial performance
results for the first quarter 2005 in a press release to be issued after the market closes on Tuesday, May 3, 2005.
Levitt Corporation will also host an investor and media teleconference call and webcast on Wednesday, May 4, 2005,
at 11:00 a.m. Eastern Time.
Teleconference Call Information:
To access the teleconference call in the U.S. and Canada, the toll free number to call is 800-991-2309. International
calls may be placed to 706-643-1854. Domestic and international callers may reference PIN number 5617704.
A replay will be available beginning two hours after the completion of the call and will be available until 5:00
p.m., June 3, 2005. To access the replay option in the U.S. and Canada, the toll-free number to call is 800-642-1687.
International calls for the replay may be placed at 706-645-9291. The replay digital PIN number for both domestic
and international calls is: 5617704.
Webcast Information:
Alternatively, individuals may listen to the live and/or archived Webcast of the teleconference call. To listen
to the live and/or archived Webcast of the teleconference call, visit http://www.levittcorporation.com, access the "Investor Relations" section and click
on the "Webcast" navigation link. The archive of the teleconference call will be available through 5:00
p.m., June 3, 2005.
Levitt Corporation's first quarter 2005 earnings results press release and financial summary, as well as the Supplemental
Financials (a detailed summary of significant financial events and extensive business segment financial data),
will be available on its website: http://www.levittcorporation.com. To view the press release and financial summary
and the supplemental financials, access the "Investor Relations" section and click on the "Financial
Statements" navigation link.
Copies of Levitt Corporation's first quarter 2005 earnings results press release and financial summary, and the
supplemental financials will also be made available upon request via fax, email, or Postal Service mail, by contacting
Levitt Corporation's Investor Relations department using the contact information listed below.
About Levitt Corporation:
Levitt Corporation, the parent company of Levitt and Sons(TM), Bowden Homes and Core Communities, develops single-family
homes and master-planned communities.
Levitt and Sons(TM), America's first builder of planned suburban communities, is best known for creating New York's
Levittown, Long Island and has built approximately 200,000 homes over the last 75 years. Acquired by us in 1999,
Levitt and Sons(TM) currently develops single and multi-family home communities for active adults and families
in Florida and Georgia.
Bowden Homes, founded in 1971, has been one of the largest home-builders in Memphis and the surrounding metropolitan
area for eight consecutive years. Acquired by us in April 2004, Bowden Homes focuses on building distinctively
featured family housing in the Memphis, Nashville and north Mississippi areas.
Core Communities develops master-planned communities in Florida, including its original and best known, St. Lucie
West, the fastest growing community on Florida's Treasure Coast for the past seven years. Core Communities' newest
master-planned community is Tradition. Now under development on Florida's Treasure Coast in St. Lucie County, Tradition
is a 9,000-acre community that is planned to ultimately feature 18,000 residences, when all approvals are in place,
as well as a commercial town center and a world-class corporate park.
Bluegreen Corporation engages in the acquisition, development, marketing and sale of drive-to-vacation resorts,
golf communities and residential land. Bluegreen's resorts are located in a variety of popular vacation destinations
including the Smoky Mountains of Tennessee; Myrtle Beach; Charleston, South Carolina; Branson, Missouri; Wisconsin
Dells; Gordonsville, Wisconsin; Aruba; and throughout Florida. Bluegreen Corp.'s land operations are predominantly
located in the Southeastern and Southwestern United States. Levitt Corporation holds an approximate 31% ownership
position in Bluegreen Corporation.
For further information, please visit our websites:
http://www.LevittCorporation.com
http://www.LevittandSons.com
http://www.BowdenHomes.com
http://www.CoreCommunities.com
http://www.Bluegreen-corp.com
-------------------------------------- Levitt Corporation Contact Information Investor Relations and Corporate Communications: Adrienne Zvi, Assistant Vice President Email: CorpComm@LevittCorporation.com Leo Hinkley, Senior Vice President Email: InvestorRelations@LevittCorporation.com Phone: 954-760-5222 Fax: 954-760-5415 Mailing Address: Levitt Corporation, Investor Relations, 1750 East Sunrise Blvd. Fort Lauderdale, FL 33304 Public Relations: Hattie Hess, Vice President Telephone: 954-760-5383 Fax: 954-760-5388 Email: hhess@BankAtlantic.com RBB Public Relations: Shawn Yanan Telephone: 305-448-7450 Fax: 305-448-5027 Email: Shawn.Yanan@rbbpr.com
----------------------------------------------------------------------
Contact:
Levitt Corporation, Fort Lauderdale
Investor Relations and Corporate Communications:
Adrienne Zvi or Leo Hinkley, 954-760-5222
or
Public Relations:
Hattie Hess, 954-760-5383
or
RBB Public Relations:
Shawn Yanan, 305-448-7450
Source: Levitt Corporation