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Toll Brothers Reports Record Second Quarter Results

Toll Brothers, Inc., the US's leading builder of luxury homes, reported that, for the three month period ended April 30, 2006, record second quarter net income rose 3% to $174.9 million, record second quarter total revenues rose 17% to $1.44 billion, record second quarter-end backlog rose 3% to $6.07 billion, and signed contracts of $1.56 billion declined 29%, compared to FY 2005's record second quarter results.

For the six-month period ended April 30, 2006, record net income rose 21% to $338.8 million, record total revenues rose 25% to $2.78 billion and signed contracts of $2.70 billion declined 26%, compared to FY 2005's record six-month results.



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