Centex Homes Recognized for Information Technology Leadership Company listed in prestigious InformationWeek report for sixth straight year DALLAS, Sept. 24 /PRNewswire-FirstCall/ -- Centex Homes, one of the nation's leading home builders, announced today that it has been named for a sixth consecutive year to CMP Media LLC's InformationWeek 500, a prestigious listing of the largest and most innovative users of information technology. Andrew J. Hannigan, chairman and chief executive officer of Centex Homes, said this recognition, along with his company's continued growth in sales and earnings, further confirms the company's investment in technology to improve the homebuilding and homebuying process for its customers. "In an industry as competitive as home building, superior information technology helps give Centex Homes one more edge in satisfying our customers' desires for quality, affordable homes and neighborhoods," Mr. Hannigan said. "Technology helps us find the best neighborhood locations available and enables us to fulfill our industry-leading, two-year 'fit and finish' home warranty obligations quickly and efficiently. Innovative technology is a key factor in enhancing Centex Homes' ability to deliver value to homeowners and stakeholders." Centex Homes' technological advances in recent years include: * a faster, more informative Web site (http://www.centexhomes.com/ ) to help customers in their buying decision, * offering homeowners the ability to monitor the building of their new home any time and anywhere they have Internet access through a password- protected Web site, * increasing productivity for field managers and trade partners through a well-received extranet and for sales personnel through a one-stop customer management system, and * integrating and continually improving communications between existing computer systems and programs. For 16 years, the InformationWeek 500 has tracked organizations' IT agendas, providing a unique opportunity to understand and examine business practices across core areas of technology operations. Companies named to this list demonstrate a pattern of technological and organizational innovation. The InformationWeek 500 is the most detailed source of industry-specific IT budget data. The research project gathered in-depth information directly from companies about how each approaches and prioritizes its IT investments. The research identified and ranked the companies following an extensive online and phone study. About Centex Homes Dallas-based Centex Homes (http://www.centexhomes.com/ ) is one of the nation's leading home builders, operating in more than 90 U.S. markets in 26 states. Its brands include entry-level builder Fox & Jacobs Homes, on-your- lot builder Wayne Homes and resort/second-home builder Centex Destination Properties. Centex Homes delivered 30,358 homes in the United States in its most recent fiscal year ended March 31, 2004. The company is a subsidiary of Centex Corporation (NYSE:CTX), a Fortune 250 company. Centex Corporation (http://www.centex.com/ ), through other subsidiaries, ranks as one of the nation's leading companies in the financial services, construction services and home services industries. About InformationWeek InformationWeek helps more than 440,000 Business Technology Professionals who buy, build and manage technology and drive business innovation powered by technology. InformationWeek is consistently recognized for its commitment to excellence and innovation, receiving several of the industry's top media accolades including top spots in BtoB Magazine's annual Media Power 50, as well as awards from ASBPE and Circulation Management magazine. About CMP Media LLC CMP Media LLC (http://www.cmp.com/ ) is a leading integrated media company providing essential information and marketing services to the entire technology spectrum -- the builders, sellers and users of technology worldwide. Capitalizing on its editorial strength, CMP is uniquely positioned to offer marketers comprehensive, integrated media solutions tailored to meet their individual needs. Its diverse products and services include newspapers, magazines, Internet products, and research, direct marketing services, education and training, trade shows and conferences, and custom publishing. CPLBG DATASOURCE: Centex Homes CONTACT: Charles Irsch, CIO & VP, Information Services, of Centex Homes, +1-214-981-5000 Web site: http://www.centexhomes.com/ http://www.cmp.com/ http://www.centex.com/

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