M.D.C. Holdings to Webcast Its Presentation for Salomon Smith Barney 2002 Global Industrial Manufacturing Conference

M.D.C. Holdings, Inc. , whose subsidiaries build homes under the name "Richmond American Homes," announced that it will be making a presentation at the Salomon Smith Barney Global Industrial Manufacturing Conference on Tuesday, February 26, 2002, at 3:00 p.m. EST. The presentation can be heard live, and will be available for replay through March 29, 2002, by entering the M.D.C. Holdings, Inc. website, , clicking on "Investor Relations" and selecting "Salomon Smith Barney Investor Conference." The Company's presentation materials for the conference can be viewed on the Investor Relations page as well under the heading "Salomon Smith Barney Investor Conference Financial Presentation." The presentation also will be broadcast live over the internet through the website . Participants are encouraged to log in at least five minutes prior to the start of the presentation.

MDC, whose subsidiaries build homes under the name "Richmond American Homes," is one of the largest homebuilders in the United States. 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 Colorado; among the top five homebuilders in Northern Virginia, Phoenix and Tucson; among the top ten homebuilders in suburban Maryland, Las Vegas and Northern California; and has a significant presence in Southern California.


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

Contact: Paris G. Reece III, Chief Financial Officer of M.D.C. Holdings,
Inc., +1-303-804-7706,; or Rodger Van Allen of Rubenstein
Associates, Inc., +1-212-843-8000,, for M.D.C.
Holdings, Inc.