Committee Composition

With little more than $50,000 and a dream, Larry A. Mizel founded Mizel Development Corporation in 1972, a homebuilding company which later became MDC Holdings, Inc., parent company to Richmond American Homes. Under Larry's leadership, the organization began trading on the NYSE in 1984, grew into a nearly $5 billion business at the height of the last market cycle and is among the most respected in the homebuilding industry. His vision and strategic direction have seen the company through four housing market downturns.

Larry's philanthropic endeavors are wide-ranging. As one of the founders of the Simon Wiesenthal Center, Mr. Mizel has served as the International Chairman of the Board of Trustees since 2003. In addition, he was the founder of the Mizel Museum. Both the Simon Wiesenthal Center and the Mizel Museum promote understanding and tolerance and champion human rights. Larry has received numerous honors and recognition over the years, including being named Honorary Dean of the University of Denver's Burns School of Real Estate and Construction Management and receiving the distinguished 2001 Ellis Island Medal of Honor. Larry also serves as a life member of the Council on Foreign Relations.

Holdings: 180,000 shares     View Transactions
Date	Type	Shares Traded	Price Range
Feb 4, 2010	Acquisition (Non Open Market)	60,000	n/a
Nov 20, 2009	Disposition (Non Open Market)	600,000	n/a
Nov 20, 2009	Acquisition (Non Open Market)	600,000	n/a
Feb 5, 2009	Acquisition (Non Open Market)	60,000	n/a
Sep 8, 2008	Sell	300,000	42.68
Sep 8, 2008	Disposition (Non Open Market)	200,000	n/a
Feb 11, 2008	Sell	104,998	45.00
Feb 11, 2008	Option Execute	104,998	26.56
Dec 20, 2007	Acquisition (Non Open Market)	60,000	n/a
Feb 6, 2007	Sell	60,000	58.58
Feb 6, 2007	Option Execute	50,000	21.39
Feb 2, 2007	Sell	136,625	60.07
Feb 2, 2007	Option Execute	146,625	21.39
Mar 1, 2006	Disposition (Non Open Market)	1,877,223	n/a
Mar 1, 2006	Disposition (Non Open Market)	5,440,272	n/a
Mar 1, 2006	Acquisition (Non Open Market)	6,807,636	n/a
Mar 1, 2006	Acquisition (Non Open Market)	189,070	n/a
Aug 31, 2005	Buy	12,565	76.38
Aug 9, 2005	Option Execute	85,499	15.36
Aug 3, 2005	Sell	2,999	85.35
Aug 2, 2005	Sell	41,800	85.92
Aug 2, 2005	Option Execute	100,000	15.36
Aug 1, 2005	Sell	30,000	86.18
Jul 29, 2005	Sell	10,000	87.11
Jul 29, 2005	Option Execute	50,000	15.36
Jul 28, 2005	Sell	40,000	86.35
Jul 28, 2005	Option Execute	50,000	15.36

Mr. Berman is the Chairman of Applied Capital Management, a private investment management firm located in Scottsdale, Arizona. He also serves as CEO of First Ascent Capital, a start-up financial services firm located in New York. From January 1990 until March 1999, Mr. Berman was employed by The Nomura Securities Co., Ltd. (Tokyo) group of companies, where he held several executive positions, including that of President and CEO of Nomura Holding America Inc. and Chairman of Capital America, Nomura's commercial real estate lending subsidiary. Prior to joining Nomura, Mr. Berman was employed at Merrill Lynch from 1987 until 1989, where he held the title of Director, and at Kidder Peabody & Co., Inc. from 1980 until 1987, where he held several executive positions. Mr. Berman received a BA in Economics with honors from San Francisco State University. He was appointed to the Company's Board of Directors in April 2006.

View Transactions
Date	Type	Shares Traded	Price Range
Apr 24, 2006	Statement of Ownership	0	n/a

Herbert T. Buchwald has been a principal in the law firm of Herbert T. Buchwald, P.A. and president and chairman of the board of directors of BPR Management Corporation, a property management company located in Denver, Colorado, for more than the past five years. Mr. Buchwald has been a practicing Certified Public Accountant and served as principal financial officer of a publicly held homebuilder in Florida. He is an attorney admitted to practice before federal and state trial and appellate courts in Florida and Colorado. In addition, Mr. Buchwald has been engaged for over 30 years in the real estate development of residential and commercial properties in Florida, New Jersey and Colorado, serving as chief executive officer of various entities. Mr. Buchwald was appointed to the Company's Board of Directors in March 1994 and is a member of the Audit, Compensation, Legal and Corporate Governance/Nominating Committees. He also is a director of M.D.C. Land Corporation ("MDC Land"), a wholly-owned subsidiary of the Company. Mr. Buchwald currently serves as the Board's Lead Director.

Holdings: 86 shares     View Transactions
Date	Type	Shares Traded	Price Range
May 1, 2007	Disposition (Non Open Market)	150	n/a
Dec 29, 2005	Disposition (Non Open Market)	150	n/a
Jul 20, 2005	Disposition (Non Open Market)	10,000	n/a
Jul 20, 2005	Sell	10,000	87.34
Jul 20, 2005	Option Execute	10,000	23.08
Jul 19, 2005	Sell	20,000	87.40
Jul 19, 2005	Disposition (Non Open Market)	20,000	n/a
Jul 19, 2005	Option Execute	20,000	23.08

Steven J. Borick was named President and Chief Executive Officer of Superior Industries International, Inc. effective January 1, 2004. Mr. Borick had been named President and Chief Operating Officer effective January 1, 2003 and, prior to that date, he served as Executive Vice President of that company. Mr. Borick has been a director of that company since 1981. Superior Industries International, Inc. is a NYSElisted manufacturer of automobile wheels and suspension parts. Mr. Borick has been President of Texakota, Inc., an oil and gas exploration and development company, and general partner in Texakota Oil Company, a private oil and gas partnership, for the last eight years. Mr. Borick has been a Director since April 1987 and is Chairman of the Compensation Committee. He was a member of the Audit Committee, having left that committee effective February 20, 2006.

Holdings: 500 shares     View Transactions
Date	Type	Shares Traded	Price Range
Jul 15, 2005	Sell	32,031	86.91
Jul 15, 2005	Option Execute	32,500	57.66