Meritage Homes Will Webcast Presentations on November 14 and 15, 2012 From Citi and UBS Investor Conferences

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| Source: Meritage Homes Corporation

PHOENIX, Nov. 5, 2012 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), a leading U.S. homebuilder, announced today that executive management will be speaking to investors at the Citi 2012 North American Credit Conference on November 14, 2012 at 10:05am EST, and at the UBS Building and Building Products 10th Annual CEO Conference on November 15, 2012 at 1:00pm EST, both being held in New York City. The events will be webcast live and may be accessed through the "Investor Relations" page of the Meritage Homes website, http://investors.meritagehomes.com. Participants should access the webcast events page at least five minutes before the live event for the audio link and any accompanying materials. Archived versions of the presentations will be available on this site for 90 days following the presentations.

About Meritage Homes Corporation

Meritage Homes is the ninth-largest public homebuilder in the United States based on homes closed in 2011. Meritage builds a variety of homes across Southern and Western states to appeal to a wide range of buyers, including first-time, move-up, luxury and active adults. As of September 30, 2012, the company had 153 actively selling communities in 15 metropolitan areas, including Northern California, East Bay/Central Valley and Southern California, Houston, Dallas/Ft. Worth, Austin, San Antonio, Phoenix/Scottsdale, Tucson, Las Vegas, Denver, Orlando, Tampa and Raleigh-Durham. In 2012, Meritage also announced its entry into the Charlotte market.

Meritage is an industry leader in innovation and energy efficiency. Meritage was the first national homebuilder to be 100 percent ENERGY STAR® qualified in every home it builds, and far exceeds ENERGY STAR standards in most of its communities. Meritage has designed and built more than 75,000 homes in its 27-year history, and has a reputation for its distinctive style, quality construction, and positive customer experience.

For more information, visit meritagehomes.com.

The Meritage Homes Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2624

Brent Anderson
(972) 580-6360 (office)