MIAMI (Hanley-Wood News Service) - Lennar Corporation (NYSE: LEN) announced today preliminary new home orders for the one month and year ended November 30, 2001 and 2000 as presented below: One Month Ended Year Ended

November 30, November 30,

2001 2000 Change 2001 2000 Change

Actual 1,598 1,619 -1% 23,879 17,847 34%

Pro forma (1) N/A N/A N/A 23,879 22,550 6%

(1) From December 1, 1999 to April 30, 2000, pro forma results include

U.S. Home, which Lennar acquired in May 2000. Therefore, pro forma

results for the months of November 2001 and November 2000 are not


Lennar Corporation, founded in 1954, is headquartered in Miami, Florida. The Company has homebuilding operations in 14 states and is one of the nation's leading builders of quality homes for all generations, building affordable, move-up and retirement homes. Under the Lennar Family of Builders banner, the Company includes the following brand names: Lennar Homes, U.S. Home, Greystone, Village Builders, Renaissance, Orrin Thompson, Lundgren Bros., Winncrest and Rutenberg Homes. The Company's active adult and retiree communities are primarily marketed under the Heritage and Greenbriar brand names. Lennar's Financial Services Division provides residential mortgage services, title and closing services, and its Strategic Technologies Division provides high-speed Internet access, cable television and home monitoring services for both Lennar homebuyers and other customers. Previous press releases may be obtained at