DALLAS, Oct. 15 /PRNewswire-FirstCall/ -- The Board of Directors of Centex Corporation (NYSE:CTX) has declared a regular quarterly cash dividend of $0.04 per share of the company's common stock. Dividends will be payable on Nov. 21, 2007, to shareholders of record at the close of business on Oct. 31, 2007. About Centex Dallas-based Centex (http://www.centex.com/), founded in 1950, is one of the nation's leading home-building companies. Centex operates in major U.S. markets in 25 states and delivered more than 35,000 homes in the United States in its most recent fiscal year ended March 31, 2007. Its leading brands include Centex Homes, Fox & Jacobs Homes, CityHomes and Centex Destination Properties. In addition to its home-building operations, Centex's related business lines include mortgage, title and insurance services and integrated pest defense systems. These businesses provide operational or financial support to home-building operations and are leaders in their respective industries. Centex ranks No. 1 in the home-building industry on FORTUNE magazine's list of "America's Most Admired Companies," and leads the industry in customer satisfaction. DATASOURCE: Centex Corporation CONTACT: Matthew G. Moyer, Vice President - Investor Relations, or Eric S. Bruner, Director - Public Relations, both of Centex, +1-214-981-5000 Web site: http://www.centex.com/

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