D.R. Horton, Inc., America's Builder, to Fully Redeem Its 5.375% Senior Notes Due 2012

March 16, 2011

FORT WORTH, Texas, Mar 16, 2011 (BUSINESS WIRE) --

D.R. Horton, Inc. (NYSE:DHI), America's Builder, today announced that it is calling all of its 5.375% Senior Notes due June 15, 2012 ("the Notes") for full redemption on April 15, 2011 in accordance with the terms of the indenture governing the Notes. The Notes will be redeemed at a redemption price that will include a premium based on the present values of the remaining scheduled payments on the Notes as described in the indenture, together with accrued and unpaid interest on the Notes to the redemption date of April 15, 2011. The principal amount of the Notes outstanding on March 15, 2011 was $112,279,000.

D.R. Horton, Inc., America's Builder, is the largest homebuilder in the United States, based on its 18,983 homes closed in the twelve-month period ended December 31, 2010. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 72 markets in 26 states in the East, Midwest, Southeast, South Central, Southwest and West regions of the United States. The Company is engaged in the construction and sale of high quality homes with sales prices ranging from $90,000 to over $700,000. D.R. Horton also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.

WEBSITE ADDRESS:www.drhorton.com

SOURCE: D.R. Horton, Inc.

D.R. Horton, Inc.
Stacey Dwyer, EVP, 817-390-8200

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding D.R. Horton's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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