News

/C O R R E C T I O N -- M.D.C. Holdings/
PRNewswire

In the news release, M.D.C. Holdings Expects 2005 Earnings Per Share to Exceed Consensus Analyst Estimates; Reports Fourth Quarter Ending Backlog, Home Closings and Home Orders, issued earlier today by M.D.C. Holdings, Inc. over PR Newswire, the line item reading

"Beginning of Month 280 228,"

located under "Active Subdivisions at," at the end of the last table should be disregarded, as incorrectly transmitted by PR Newswire. Corrected table follows:

Active Subdivisions at

Beginning of Month 289 236

PRNewswire-FirstCall -- Jan. 5

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