M.D.C. Holdings, Inc. Invites You to Join Its Fourth Quarter and Year-End Conference Call on the Web

In conjunction with M.D.C. Holdings, Inc.'s Fourth Quarter and Year-End earnings release, you are invited to listen to its quarterly earnings conference call that will be broadcast live over the Internet on Wednesday, January 17, 2000 at 10:00 AM EST with Larry Mizel, Chairman and CEO, and Paris G. Reece III, Chief Financial Officer, both of M.D.C. Holdings, Inc.

  What:      M.D.C. Holdings, Inc. Fourth Quarter and Year-End Earnings

  When:      Wednesday, January 17, 2001, 10:00 AM EST

             (Click on Investor Relations)

  How:       Live over the Internet -- Simply log on to the web
             at the address above

  Contact:   Lynn Gore, 303-804-7708

  About M.D.C. Holdings, Inc.

MDC is one of the largest homebuilders in the United States. The Company also provides mortgage financing, primarily for MDC's home buyers, through its wholly owned subsidiary, HomeAmerican Mortgage Corporation. MDC is a major regional homebuilder with a significant presence in some of the country's best housing markets. The Company is the largest homebuilder in metropolitan Denver; among the top five homebuilders in Northern Virginia, suburban Maryland, Tucson and Colorado Springs; and among the top ten homebuilders in Phoenix, Las Vegas, Southern California and the San Francisco Bay area.

(Minimum Requirements to listen to broadcast: The RealPlayer software, downloadable free from, and at least a 14.4Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to

SOURCE: M.D.C. Holdings, Inc.

Contact: Lynn Gore of M.D.C. Holdings, Inc., 303-804-7708