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Brookfield Homes Reports Third Quarter Earnings Growth, Revised Earnings Guidance and Redemption of 12% Subordinated Notes

DEL MAR, Calif., Nov 2, 2004 (BUSINESS WIRE) -- Investors, analysts and other interested parties can access Brookfield Homes' Supplemental Information Package on Brookfield Homes' website under the Investor Relations/Financial Reports section at www.brookfieldhomes.com. Brookfield Homes' third quarter investor conference call can be accessed by teleconference on November 3, 2004 at 11:00 am (Eastern Time) at 416-695-6140 or 1-800-766-6630. The archived teleconference may be accessed by dialing 416-695-9772 or 1-877-244-9113 and entering the pin code 4550. Alternatively, the conference call can be accessed by Webcast on Brookfield Homes' website at www.brookfieldhomes.com.

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