Article: Beazer Homes Proposes 3-for-1 Stock Split and Increase of Annual Cash Dividend.

ATLANTA -- Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced that its Board of Directors has authorized a 3-for-1 split of Beazer Homes common stock in the form of a stock dividend. The stock split is subject to stockholder approval of an increase in the number of shares the Company is authorized to issue.

Stockholders will be asked to vote on an amendment to the Company's certificate of incorporation to increase the number of authorized common shares from 30 million shares to 80 million shares at the Company's annual meeting of stockholders, currently scheduled for February 3, 2005. If Beazer Homes receives the requisite votes to increase the ...

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