News

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

M.D.C. Holdings, Inc. will release its 2007 second quarter earnings after the market closes on Wednesday, July 25th, 2007. A synchronized slide show and audio presentation will be broadcast on Thursday, July 26th, 2007 at noon Eastern Daylight Saving Time in conjunction with the Company's 2007 second quarter conference call. The presentation can be accessed by entering MDC's website, MDCHoldings.com, and clicking on the featured event "M.D.C. Holdings 2007 Second Quarter Conference Call." Minimum requirements to listen to the broadcast include the Windows Media Player, downloadable free from https://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 paul.slider@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 MDCHoldings.com.

First Call Analyst:
FCMN Contact: Kathrine.Volk@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 Joelle Lipski-Rockwood, Corporate Communications,
+1-720-977-3204, joelle.lipski-rockwood@mdch.com, all of M.D.C. Holdings,
Inc.