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Toll Brothers reports 1st Qtr FY 2006 Totals

Toll Brothers, Inc., the USA's leading builder of luxury homes, reported that, for its first quarter ended January 31, 2006, home building revenues rose 35% to approximately $1.33 billion; first quarter-end backlog rose 22% to approximately $5.95 billion; and signed contracts of approximately $1.14 billion declined 21% compared to FY 2005’s record first quarter results.

The revenue and backlog totals were first quarter records, while contracts were the second highest first quarter total in the company’s history.

Toll Brothers will announce final totals when it releases first-quarter earnings results on February 23, 2006.



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