M.D.C. Holdings to Webcast Its Presentation For Deutsche Banc Alex. Brown Investor Conference

M.D.C. Holdings, Inc. , which builds homes under the name "Richmond American Homes," announced that it will be making a conference call presentation for the Deutsche Banc Alex. Brown Investor Conference on Wednesday, March 7, 2001, at 11:15 a.m. EST. The presentation can be heard live, and will be available for replay through April 7, 2001, by entering the M.D.C. Holdings, Inc. website,, clicking on "Investor Relations" and selecting "Deutsche Banc Alex. Brown Investor Conference." The Company's presentation materials for the conference can by viewed on the Investor Relations page as well under the heading "Deutsche Banc Alex. Brown Investor Conference Financial Presentation." The presentation will also be broadcast live over the internet through the website

Last week, MDC reported that it received 1,031 home orders in February 2001. This was the highest level of home orders for any month in the Company's history.

MDC is one of the largest homebuilders in the United States. MDC was recently named to the "Forbes Platinum List" of the 400 best big companies in America. The Company also provides mortgage financing, primarily for MDC's homebuyers, 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, Tucson and Colorado Springs; and among the top ten homebuilders in suburban Maryland, Phoenix, Las Vegas, Southern California and Northern California.

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

Contact: Paris G. Reece III, Chief Financial Officer of M.D.C. Holdings,
Inc., 303-804-7706,; or Rick Matthews of Rubenstein
Associates, Inc., 212-843-8007,, for M.D.C. Holdings,