News

M.D.C. Holdings Announces 2007 First Quarter Earnings Release and Conference Call
PRNewswire-FirstCall
DENVER

M.D.C. Holdings, Inc. will release its 2007 first quarter earnings after the market closes on Thursday, April 26th, 2007. A synchronized slide show and audio presentation will be broadcast on Friday, April 27th, 2007 at 9:30 am Eastern Daylight Saving Time in conjunction with the Company's 2007 first quarter conference call. The presentation can be accessed by entering MDC's website, richmondamerican.com, clicking on "Investors" and selecting "M.D.C. Holdings 2007 First Quarter Conference Call." Minimum requirements to listen to the broadcast include the Windows Media Player, downloadable free from www.microsoft.com/windows/windowsmedia/mp10/default.aspx, and at least a 28.8Kbps connection to the Internet. If problems are experienced while listening to the broadcast, an email should be sent to bob.martin@mdch.com.

MDC, whose subsidiaries build homes under the name "Richmond American Homes," is one of the top ten homebuilders in the United States, based on 2006 revenue. The Company also provides mortgage financing, primarily for MDC's homebuyers, through its wholly owned subsidiary HomeAmerican Mortgage Corporation. MDC, a Fortune 500 Company, is a major regional homebuilder with a significant presence in Colorado, Jacksonville, Las Vegas, Maryland, Northern California, Northern Virginia, Phoenix, Salt Lake City, Southern California and Tucson. MDC also has established operating divisions in Chicago, Philadelphia/Delaware Valley and West Florida. For more information about our Company, please visit RichmondAmerican.com.

First Call Analyst:
FCMN Contact: lynn.gore@mdch.com

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

CONTACT: Paris G. Reece III, Chief Financial Officer, +1-303-804-7706,
greece@mdch.com, or Robert N. Martin, Investor Relations, +1-720-977-3431,
bob.martin@mdch.com, or Alison Schuller, Corporate Communications,
+1-720-977-3554, alison.schuller@mdch.com, all of M.D.C. Holdings, Inc.