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Thursday, 09/30/2010 7:34:27 PM

Thursday, September 30, 2010 7:34:27 PM

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Lennar Corporation Declares Quarterly Dividends
Lennar (NYSE:LEN)

Thursday 30 September 2010

Lennar Corporation ( NYSE: LEN and LEN.B ), one of the nation's largest homebuilders , announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on October 28, 2010 to holders of record at the close of business on October 14, 2010 .

Lennar Corporation , founded in 1954 , is one of the nation's leading builders of quality homes for all generations . The Company builds affordable , move-up and retirement homes primarily under the Lennar brand name . Lennar's Financial Services segment provides primarily mortgage financing , title insurance and closing services for both buyers of the Company's homes and others . Lennar's Rialto Investments segment is focused on distressed real estate asset investments , asset management and workout strategies . Previous press releases and further information about the Company may be obtained at the
" Investor Relations " section of the Company's website , www.lennar.com.

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