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Press release from Business Wire

Ryland Homes Announces Openings of Four New Communities in the Indianapolis Area

<p class='bwalignc'> <i>New communities provide homebuyers four more places to potentially call home</i> </p>

Thursday, June 14, 2012

Ryland Homes Announces Openings of Four New Communities in the Indianapolis Area13:52 EDT Thursday, June 14, 2012 INDIANAPOLIS (Business Wire) -- Ryland Homes is proud to announce plans to open four incredible new communities throughout the Indianapolis area. Featuring exceptional homes at extraordinary prices, these communities – in addition to the eight other communities that celebrated Grand Openings this past March – represent the continued, unprecedented growth of Ryland Homes in Indianapolis this year. The four spectacular communities will feature Ryland's popular Americana Collection of luxury single-family homes. Brighton Knoll, Smokey Row Estates and Westbrooke at Geist will offer traditional, classic and craftsman elevations with HardiPlank siding. Along with those 3 communities, Twin Oaks will feature exquisite gable overhangs. Offering up to 4 bedrooms and up to 3½ baths, each home also includes a garage for up to 3 cars, while many provide room for a spacious basement. Homebuyers who upgrade to Ryland's Signature Gourmet Package will receive granite countertops, stainless steel appliances and more, providing them the kitchen, and the home, of their dreams. Smokey Row Estates is located on Smokey Row Road, 1.5 miles west of SR135 in Greenwood's highly acclaimed Center Grove school district, and provides an idyllic setting just south of Indianapolis. Homes at Smokey Row Estates are priced from the $190's. Brighton Knoll is located on Howe Road, 0.5 miles south of Greenfield Ave. in the Noblesville school district. Luxurious amenities abound, including a swimming pool, acres of common area, paved walking and biking trails and a playground, all close to shopping and dining destinations. Homes at Brighton Knoll are priced from the $130's. Also located in Noblesville, at Hazel Dell Road and 161st Street, Twin Oaks provides scenic qualities and a convenient location. This community offers a wooded, 15-acre community park and nature area, miles of walking trails, a playground and a proposed swimming pool. Homes at Twin Oaks are priced from the $170's. Westbrooke at Geist, located on 96th Street, ½ mile east of Olio Road in Fishers, is nestled east of Geist Reservoir just minutes from shopping, restaurants, golfing, and boating & water activities. Offering miles of walking trails, ponds, and wooded home sites, this convenient location provides easy access to I-69, I-70 and I-465. Homes at Westbrooke at Geist are priced from the $190's. For 45 years, homebuyers have trusted Ryland Homes as a new homebuilder for truly livable designs, great neighborhoods, outstanding quality and a commitment to complete satisfaction in their new home. With a dedication to building homes that are energy-efficient and a better value to their customers, as well as a national strength rooted in local focus, Ryland Homes and its dedicated team prides itself on a day-to-day commitment to the customer. For more information, please contact Diane Morrison, Vice President of Sales & Marketing, at dmorriso@ryland.com. Ryland HomesDiane L. MorrisonVice President of Sales Marketing813-281-1810dmorriso@ryland.comwww.ryland.com