Beazer Homes Announces Closing of its Offer to Exchange $250 Million of its 12% Senior Secured Notes due 2017

Beazer Homes USA, Inc. (NYSE:BZH) (www.beazer.com) announced today that its previously announced exchange offer related to the Company’s 12% Senior Secured Notes Due 2017 expired at 11:59 p.m., New York City time, on March 9, 2010. Approximately 99% of the outstanding 12% Senior Secured Notes were validly tendered in the exchange offer. As a result, the Company will issue an aggregate of approximately US$249.9 million principal amount of registered 12% Senior Secured Notes due 2017 (the "Exchange Notes”) to tendering note holders in connection with the exchange offer. The Exchange Notes have been registered with the Securities and Exchange Commission pursuant to a registration statement on Form S-4, which became effective on March 1, 2010. The Company did not receive any net proceeds from the exchange offer.

Beazer Homes USA, Inc., headquartered in Atlanta, is one of the country’s ten largest single-family homebuilders with continuing operations in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, New Jersey, New Mexico, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Beazer Homes is listed on the New York Stock Exchange under the ticker symbol "BZH.”