DAVID WEEKLEY HOMES ANNOUNCES EXPANSION TO CHICAGO, PROMOTES JOHN MORGAN TO DIVISION PRESIDENT

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| Source: David Weekley Homes
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For More Information, Contact:

Sarah Leone, 713-316-3176

Ann Holdsworth, 713-316-3184

Ramonica Jones, 713-316-3434

HOUSTON, April 23, 2014 (GLOBE NEWSWIRE) -- David Weekley Homes, the nation's largest privately-held home builder, announced today its entrance into Chicago, Illinois. In addition, Weekley announces the promotion of John Morgan to Division President to lead the company's Chicago Team. This marks the first time the award-winning home builder is building homes in this state. Anticipated sales of Weekley's in-town, high density homes to begin fourth quarter 2014.

"Entering the Chicago market is an incredible opportunity for David Weekley Homes and our Team," said David Weekley, Chairman, David Weekley Homes. "We are looking forward to expanding our home building operations and product offering to Homebuyers in the Chicago area!"

Morgan will bring 10 years of home building experience with him to Chicago, all with David Weekley Homes. Morgan joined the company in 2004 and served as a project manager before his promotion to Division President. Morgan will be invaluable to the newly-launched Chicago division as he has excelled at assembling teams of talented individuals and motivating them to achieve both company and personal goals. He earned his undergraduate degree in Civil Engineering from Texas A &M University and a Masters of Business Administration from the University of Houston – Clear Lake.

David Weekley Homes was founded 1976 in Houston, Texas, and has built more than 70,000 homes and operates in 18 markets across the country. The company has earned many coveted industry and business awards, including being named the 2013 National Builder of the Year by Professional Builder magazine. Weekley is one of only two companies in the magazine's 77-year history to receive this honor twice. The award-winning home builder first won the award in 1990. David Weekley Homes also ranked number 13 on FORTUNE magazine's list of "100 Best Companies to Work For®." This is the eighth time Weekley has appeared on FORTUNE's list.

About David Weekley Homes

David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 18 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes "America's Best Builder," "National Housing Quality Award," and two-time recipient of "National Builder of the Year." Weekley has also appeared eight times on FORTUNE magazine's coveted "100 Best Companies to Work For®" list. Since inception, David Weekley Homes has closed more than 70,000 homes. For more information about David Weekley Homes, visit the company's web site at www.davidweekleyhomes.com.

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Sarah Leone, 713-316-3176