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Centex Issues Earnings Guidance for Fiscal 2007

Dallas-based Centex Corporation announced that it expects net earnings from continuing operations for the fiscal year ending March 31, 2007 will be in the range of $10.75 to $11.25 per diluted share.

Additionally, the company reiterated its guidance for net earnings from continuing operations for the fiscal year ending March 31, 2006 of $9.65 to $9.85 per diluted share. The guidance for fiscal year 2006 includes $0.21 per diluted share from a one-time, tax-related benefit.

Centex ranks No. 1 in its industry on FORTUNE magazine's 2005 list of "America's Most Admired Companies."



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