1992 Worst Year for Builders in Decade : BUILDING LEADERS

1992 Rank: 1 Company: Lyon (William) Co., The City, Key Officer: Newport Beach, William Lyon *SALES IN MILLIONS 1992 Volume: 314.7 1993 Projection: 217 Total: 1437 UNITS CONSTRUCTED IN 1992 Single Family: 1198 / 83.3% Apts: 159 / 11.0% Condos: 80 / 5.5% Year-End Inventory: 80 1992 Rank: 2 Company: Kaufman & Broad Home Corp.* City, Key Officer: Los Angeles, Bruce Karatz SALES IN MILLIONS 1992 Volume: 279.2 1993 Projection: 484.6 Total: 1808 UNITS CONSTRUCTED IN 1992 Single Family: 1616 / 89.3% Apts: 0 / 0.0% Condos: 192 / 10.6% Year-End Inventory: 180 1992 Rank: 3 Company: Lewis Homes Of California City, Key Officer: Upland, Richard A. Lewis SALES IN MILLIONS 1992 Volume: 231 1993 Projection: 260 Total: 1093 UNITS CONSTRUCTED IN 1992 Single Family: 1067 / 97.6% Apts: 0 / 0.0% Condos: 26 / 2.3% Year-End Inventory: 147 1992 Rank: 4 Company: Bramalea Calif. Inc.(Incl. Marlborough Dev. Corp)* City, Key Officer: Newport Beach, Leon C. Swails SALES IN MILLIONS 1992 Volume: 179.1 1993 Projection: 178.8 Total: 686 UNITS CONSTRUCTED IN 1992 Single Family: 643 / 93.7% Apts: 0 / 0.0% Condos: 43 / Year-End Inventory: 48 / 6.2% 1992 Rank: 5 Company: Presley Companies, The City, Key Officer: Newport Beach, Wade H. Cable SALES IN MILLIONS 1992 Volume: 178.3 1993 Projection: 207 Total: 913 UNITS CONSTRUCTED IN 1992 Single Family: 785 / 85.9% Apts: 0 / 0.0% Condos: 128 / 14.0% Year-End Inventory: 91 1992 Rank: 6 Company: Akins Companies, The City, Key Officer: Irvine, Bruce Akins/Carl Akin SALES IN MILLIONS 1992 Volume: 166.2 1993 Projection: 160.3 Total: 937 UNITS CONSTRUCTED IN 1992 Single Family: 167 / 17.8% Apts: 72 / 7.6% Condos: 698 / 74.4% Year-End Inventory: 22 1992 Rank: 7 Company: Woodcrest Development, Inc.* City, Key Officer: Irvine, Ronald J. Gilles SALES IN MILLIONS 1992 Volume: 165 1993 Projection: 140 Total: 633 UNITS CONSTRUCTED IN 1992 Single Family: 623 / 98.4% Apts: 0 / 0.0% Condos: 10 / 1.5% Year-End Inventory: 20 1992 Rank: 8 Company: Pardee Construction Co.* City, Key Officer: Los Angeles, David E. Landon SALES IN MILLIONS 1992 Volume: 157.3 1993 Projection: 250 Total: 1036 UNITS CONSTRUCTED IN 1992 Single Family: 464 / 44.7% Apts: 0 / 0.0% Condos: 572 / 55.2% Year-End Inventory: 232 1992 Rank: 9 Company: Warmington Homes City, Key Officer: Costa Mesa, Timothy P. Hogan SALES IN MILLIONS 1992 Volume: 152 1993 Projection: 170 Total: 585 UNITS CONSTRUCTED IN 1992 Single Family: 540 / 92.3% Apts: 0 / 0.0% Condos: 45 / 7.6% Year-End Inventory: 51 1992 Rank: 10 Company: Forecast Homes* City, Key Officer: Rancho Cucamonga, James P. Priti SALES IN MILLIONS 1992 Volume: 148 1993 Projection: 160 Total: 1096 UNITS CONSTRUCTED IN 1992 Single Family: 1052 / 95.9% Apts: 44 / 4/0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 11 Company: Baldwin Company, The City, Key Officer: Newport Beach, Alfred E. Baldn SALES IN MILLIONS 1992 Volume: 143.1 1993 Projection: 200 Total: 542 UNITS CONSTRUCTED IN 1992 Single Family: 374 / 69.0% Apts: 0 / 0.0% Condos: 168 / 30.9% Year-End Inventory: 22 1992 Rank: 12 Company: Shea Homes City, Key Officer: Walnut, Roy Humphreys SALES IN MILLIONS 1992 Volume: 121.1 1993 Projection: 169.6 Total: 424 UNITS CONSTRUCTED IN 1992 Single Family: 274 / 64.6%Apts: 0 / 0.0%Condos: 150 / 35.3%Year-End Inventory: 75 1992 Rank: 13 Company: Watt Enterprises City, Key Officer: Santa Monica, J. Scott Watt SALES IN MILLIONS 1992 Volume: 121 1993 Projection: 171 Total: 493 UNITS CONSTRUCTED IN 1992 Single Family: 386 / 78.2%Apts: 0 / 0.0%Condos: 107 / 21.7%Year-End Inventory: 42 1992 Rank: 14 Company: Brock Homes City, Key Officer: Glendale, John Napolitan SALES IN MILLIONS 1992 Volume: 120.7 1993 Projection: 0 Total: 478 UNITS CONSTRUCTED IN 1992 Single Family: 455 / 95.1%Apts: 0 / 0.0%Condos: 23 4.8%Year-End Inventory: 0 1992 Rank: 15 Company: Goldrich & Kest Industries City, Key Officer: Culver City, Jona Goldrich, Sol Kest, and Warren Breslow SALES IN MILLIONS 1992 Volume: 114.6 1993 Projection: 100 Total: 606 UNITS CONSTRUCTED IN 1992 Single Family: 12 / 1.9% Apts: 544 / 89.7% Condos: 50 8.2% Year-End Inventory: 219 1992 Rank: 16 Company: GBW Properties Inc. City, Key Officer: Los Angeles, Jay H. Wilton SALES IN MILLIONS 1992 Volume: 103.5 1993 Projection: 12 Total: 892 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 0 / 0.0% Condos: 892 / 100.0% Year-End Inventory: 0 1992 Rank: 17 Company: Van Daele Development Corp. City, Key Officer: Riverside, Michael B. Van Dae SALES IN MILLIONS 1992 Volume: 95 1993 Projection: 110 Total: 628 UNITS CONSTRUCTED IN 1992 Single Family: 628 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 28 1992 Rank: 18 Company: Centex Homes* City, Key Officer: Riverside, Larry B. Ludwig SALES IN MILLIONS 1992 Volume: 93.1 1993 Projection: 113.1 Total: 511 UNITS CONSTRUCTED IN 1992 Single Family: 511 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 20 1992 Rank: 19 Company: Barratt American Inc.* City, Key Officer: Carlsbad, Mick Pattinson SALES IN MILLIONS 1992 Volume: 87.7 1993 Projection: 67.7 Total: 499 UNITS CONSTRUCTED IN 1992 Single Family: 351 / 70.3% Apts: 0 / 0.0% Condos: 148 / 29.6% Year-End Inventory: 172 1992 Rank: 20 Company: Greystone Homes, Inc. City, Key Officer: Los Angeles, Jack R. Harter SALES IN MILLIONS 1992 Volume: 80.9 1993 Projection: 128 Total: 247 UNITS CONSTRUCTED IN 1992 Single Family: 247 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 21 Company: Forest City Properties Corp. City, Key Officer: Los Angeles, Steven P. Albert SALES IN MILLIONS 1992 Volume: 76 1993 Projection: 74 Total: 563 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 563 / 100.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 22 Company: Inco Homes City, Key Officer: Upland, Ira C. Norris SALES IN MILLIONS 1992 Volume: 69.7 1993 Projection: 0 Total: 671 UNITS CONSTRUCTED IN 1992 Single Family: 671 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 29 1992 Rank: 23 Company: Century Homes Communities City, Key Officer: San Bernardino, John Pavelak SALES IN MILLIONS 1992 Volume: 58.8 1993 Projection: 72 Total: 478 UNITS CONSTRUCTED IN 1992 Single Family: 478 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 54 1992 Rank: 24 Company: Laing (John) Homes City, Key Officer: Laguna Hills, Robert E. Fritt SALES IN MILLIONS 1992 Volume: 55.8 1993 Projection: 71.6 Total: 372 UNITS CONSTRUCTED IN 1992 Single Family: 183 / 49.1% Apts: 0 / 0.0% Condos: 189 / 50.8% Year-End Inventory: 84 1992 Rank: 25 Company: Mcmillin Companies City, Key Officer: National City, Corky Mcmillin SALES IN MILLIONS 1992 Volume: 55.2 1993 Projection: 39.1 Total: 260 UNITS CONSTRUCTED IN 1992 Single Family: 211 / 81.1% Apts: 49 / 18.8% Condos: 0 / 0.0% Year-End Inventory: 17 1992 Rank: 26 Company: Paragon Homes, Inc. City, Key Officer: Santa Monica, Irwin Garfield SALES IN MILLIONS 1992 Volume: 51 1993 Projection: 84.2 Total: 335 UNITS CONSTRUCTED IN 1992 Single Family: 335 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 57 1992 Rank: 27 Company: Buie Corporation, The City, Key Officer: San Diego, Robert F. Buie SALES IN MILLIONS 1992 Volume: 48.6 1993 Projection: 31 Total: 208 UNITS CONSTRUCTED IN 1992 Single Family: 174 / 83.6% Apts: 0 / 0.0% Condos: 34 / 16.3% Year-End Inventory: 23 1992 Rank: 28 Company: West Venture City, Key Officer: Encino, James I. Sorensen SALES IN MILLIONS 1992 Volume: 48 1993 Projection: 65 Total: 374 UNITS CONSTRUCTED IN 1992 Single Family: 374 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 50 1992 Rank: 29 Company: Taylor Woodrow Homes City, Key Officer: Newport Beach, Gordon Tippell SALES IN MILLIONS 1992 Volume: 44 1993 Projection: 43 Total: 180 UNITS CONSTRUCTED IN 1992 Single Family: 134 / 74.4% Apts: 0 / 0.0% Condos: 46 / 25.5% Year-End Inventory: 41 1992 Rank: 30 Company: Cal-Coast Development Group, Inc. City, Key Officer: Los Angeles, Edward J. Miller SALES IN MILLIONS 1992 Volume: 3 1993 Projection: 54 Total: 270 UNITS CONSTRUCTED IN 1992 Single Family: 25 / 9.2% Apts: 123 / 45.5% Condos: 122 / 45.1% Year-End Inventory: 21 1992 Rank: 31 Company: Regis Homes Corporation* City, Key Officer: Newport Beach, Geoffrey L. Stk SALES IN MILLIONS 1992 Volume: 42.2 1993 Projection: 61.7 Total: 651 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 573 / 88.0% Condos: 78 / 11.9% Year-End Inventory: 217 1992 Rank: 32 Company: Udc Homes, Ltd. City, Key Officer: Corona, Curt Ensign SALES IN MILLIONS 1992 Volume: 41 1993 Projection: 76 Total: 201 UNITS CONSTRUCTED IN 1992 Single Family: 96 / 47.7% Apts: 0 / 0.0% Condos: 105 / 52.2% Year-End Inventory: 40 1992 Rank: 33 Company: Coleman Homes, Inc. City, Key Officer: Bakersfield, Thomas M. Coleman SALES IN MILLIONS 1992 Volume: 34.8 1993 Projection: 39 Total: 206 UNITS CONSTRUCTED IN 1992 Single Family: 206 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 19 1992 Rank: 34 Company: R G C City, Key Officer: Newport Beach, E. James Murar SALES IN MILLIONS 1992 Volume: 34.7 1993 Projection: 50.2 Total: 210 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 0 / 0.0% Condos: 210 / 100.0% Year-End Inventory: 46 1992 Rank: 35 Company: Larwin Company City, Key Officer: Encino, Michael I. Keston SALES IN MILLIONS 1992 Volume: 31.5 1993 Projection: 38.3 Total: 181 UNITS CONSTRUCTED IN 1992 Single Family: 181 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 19 1992 Rank: 36 Company: Shawntana City, Key Officer: Newport Beach, James B. Fleig SALES IN MILLIONS 1992 Volume: 30 1993 Projection: 41 Total: 166 UNITS CONSTRUCTED IN 1992 Single Family: 69 / 41.5% Apts: 0 / 0.0% Condos: 97 / 58.4% Year-End Inventory: 18 1992 Rank: 36 Company: Bell Diversified Development, Inc. City, Key Officer: Garden Grove, Thomas E. Bell SALES IN MILLIONS 1992 Volume: 30 1993 Projection: 32 Total: 747 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 747 / 100.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 37 Company: Grupe Construction Co. City, Key Officer: Newport Beach/L.A., Dan Pedley/John Dinkel SALES IN MILLIONS 1992 Volume: 29.4 1993 Projection: 36.4 Total: 152 UNITS CONSTRUCTED IN 1992 Single Family: 61 / 40.1% Apts: 0 / 0.0% Condos: 91 59.8% Year-End Inventory: 41 1992 Rank: 38 Company: Pacific Landmark Dev. Inc. City, Key Officer: Newport Beach, Mark B. David SALES IN MILLIONS 1992 Volume: 29 1993 Projection: 22 Total: 431 UNITS CONSTRUCTED IN 1992 Single Family: 35 / 8.1% Apts: 396 / 91.8% Condos: 0 / 0.0% Year-End Inventory: 6 1992 Rank: 39 Company: J. C. C. Development City, Key Officer: Torrance, Gregory L. Delgado SALES IN MILLIONS 1992 Volume: 28 1993 Projection: 40 Total: 34 UNITS CONSTRUCTED IN 1992 Single Family: 34 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 16 1992 Rank: 39 Company: Sunrise Company City, Key Officer: Palm Desert, William Bone SALES IN MILLIONS 1992 Volume: 28 1993 Projection: 66 Total: 27 UNITS CONSTRUCTED IN 1992 Single Family: 5 / 18.5% Apts: 0 / 0.0% Condos: 22 / 81.4% Year-End Inventory: 6 1992 Rank: 40 Company: Whitehawk Partnership City, Key Officer: Pasadena, James W. Oates SALES IN MILLIONS 1992 Volume: 26 1993 Projection: 11 Total: 90 UNITS CONSTRUCTED IN 1992 Single Family: 20 / 22.2% Apts: 31 / 34.4% Condos: 39 / 43.3% Year-End Inventory: 3 1992 Rank: 41 Company: Costain Homes Inc. City, Key Officer: Newport Beach, Julie Newcomb SALES IN MILLIONS 1992 Volume: 24.5 1993 Projection: 30 Total: 139 UNITS CONSTRUCTED IN 1992 Single Family: 139 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 13 1992 Rank: 42 Company: Newport Pacific Dev.Corp. City, Key Officer: Newport Beach, Magoy Hanna SALES IN MILLIONS 1992 Volume: 23.9 1993 Projection: 0 Total: 159 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 0 / 0.0% Condos: 159 / 100.0% Year-End Inventory: 40 1992 Rank: 43 Company: Sunland Communities City, Key Officer: San Diego, Ure R. Kretowicz SALES IN MILLIONS 1992 Volume: 22.9 1993 Projection: 31.4 Total: 168 UNITS CONSTRUCTED IN 1992 Single Family: 77 / 45.8% Apts: 0 / 0.0% Condos: 91 / 54.1% Year-End Inventory: 24 1992 Rank: 44 Company: Century American City, Key Officer: Orange, Roger Hobbs SALES IN MILLIONS 1992 Volume: 22.5 1993 Projection: 10 Total: 154 UNITS CONSTRUCTED IN 1992 Single Family: 48 / 31.1% Apts: 0 / 0.0% Condos: 106 / 68.8% Year-End Inventory: 13 1992 Rank: 45 Company: USA Properties Fund, Inc. City, Key Officer: Pomona, J. B. Brown SALES IN MILLIONS 1992 Volume: 21.8 1993 Projection: 24 Total: 293 UNITS CONSTRUCTED IN 1992 Single Family: 17 / 5.8% Apts: 276 / 94.1% Condos: 0 / 0.0% Year-End Inventory: 12 1992 Rank: 46 Company: Griffin Companies City, Key Officer: Calabasas, Paul E. Griffin, Jr. SALES IN MILLIONS 1992 Volume: 21 1993 Projection: 16.5 Total: 143 UNITS CONSTRUCTED IN 1992 Single Family: 92 / 64.3% Apts: 0 / 0.0% Condos: 51 / 35.6% Year-End Inventory: 7 1992 Rank: 47 Company: Meeker Companies City, Key Officer: Aliso Viejo, George R. Meeker,Jr. SALES IN MILLIONS 1992 Volume: 18.1 1993 Projection: 40 Total: 85 UNITS CONSTRUCTED IN 1992 Single Family: 85 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 18 1992 Rank: 48 Company: Rockfield Development Corp. City, Key Officer: San Juan Capistrano, Timothy L. Unger SALES IN MILLIONS 1992 Volume: 17.4 1993 Projection: 27.5 Total: 136 UNITS CONSTRUCTED IN 1992 Single Family: 136 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 7 1992 Rank: 49 Company: Manning Company City, Key Officer: Santa Ana Heights, James C. Manning SALES IN MILLIONS 1992 Volume: 16.7 1993 Projection: 22 Total: 117 UNITS CONSTRUCTED IN 1992 Single Family: 80 / 68.3% Apts: 0 / 0.0% Condos: 37 / 31.6% Year-End Inventory: 9 1992 Rank: 50 Company: Epac Housing, Inc. City, Key Officer: Costa Mesa, Rick Doremus SALES IN MILLIONS 1992 Volume: 16.6 1993 Projection: 27.7 Total: 89 UNITS CONSTRUCTED IN 1992 Single Family: 29 / 32.5% Apts: 0 / 0.0% Condos: 60 / 67.4% Year-End Inventory: 25 1992 Rank: 51 Company: California Community Builders Inc. City, Key Officer: Santa Monica, William A. Fruehling/Frank H. Countner SALES IN MILLIONS 1992 Volume: 14.1 1993 Projection: 22.9 Total: 77 UNITS CONSTRUCTED IN 1992 Single Family: 77 / 100.0 Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 14 1992 Rank: 52 Company: Republic Development Co. City, Key Officer: Anaheim, John R. Hartung SALES IN MILLIONS 1992 Volume: 14 1993 Projection: 36 Total: 66 UNITS CONSTRUCTED IN 1992 Single Family: 66 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 29 1992 Rank: 53 Company: Institutional Property Investors City, Key Officer: Laguna Beach, David R. Michelson SALES IN MILLIONS 1992 Volume: 13.1 1993 Projection: 7 Total: 170 UNITS CONSTRUCTED IN 1992 Single Family: 4 / 2.3% Apts: 166 / 97.6% Condos: 0 / 0.0% Year-End Inventory: 1 1992 Rank: 54 Company: Future Estates, Inc. City, Key Officer: Carson, Cris Di Ruggiero SALES IN MILLIONS 1992 Volume: 12.9 1993 Projection: 28 Total: 132 UNITS CONSTRUCTED IN 1992 Single Family: 21 / 15.9% Apts: 20 / 15.1% Condos: 91 / 68.9% Year-End Inventory: 43 1992 Rank: 55 Company: American Companies, The City, Key Officer: Fontana, Don Murray SALES IN MILLIONS 1992 Volume: 12.8 1993 Projection: 37.5 Total: 86 UNITS CONSTRUCTED IN 1992 Single Family: 86 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 7 1992 Rank: 56 Company: Woodview Development Co., Inc. City, Key Officer: Santa Ana, Thomas C. Siffermann SALES IN MILLIONS 1992 Volume: 12.1 1993 Projection: 28.2 Total: 86 UNITS CONSTRUCTED IN 1992 Single Family: 86 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 35 1992 Rank: 57 Company: Selby/Fowlkes Partners City, Key Officer: Los Angeles, Richard W. Selby SALES IN MILLIONS 1992 Volume: 11.2 1993 Projection: 57.1 Total: 74 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 52 / 70.2% Condos: 22 / 29.7% Year-End Inventory: 0 1992 Rank: 58 Company: Dahl Company, The City, Key Officer: Balboa Island, David D. Dahl SALES IN MILLIONS 1992 Volume: 11 1993 Projection: 21.6 Total: 12 UNITS CONSTRUCTED IN 1992 Single Family: 12 / 100.0% Apts: 0 /0.0% Condos: 0 / 0.0% Year-End Inventory: 1 1992 Rank: 59 Company: Robinhood Homes, Inc.* City, Key Officer: San Diego, Barry J. Ross SALES IN MILLIONS 1992 Volume: 10.3 1993 Projection: 6.8 Total: 79 UNITS CONSTRUCTED IN 1992 Single Family: 15 / 18.9% Apts: 0 / 0.0% Condos: 64 / 81.0% Year-End Inventory: 15 1992 Rank: 60 Company: Franciscan West Developments, Inc. City, Key Officer: Santa Barbara, John J. Schuck SALES IN MILLIONS 1992 Volume: 10.1 1993 Projection: 8.6 Total: 49 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 0 / 0.0% Condos: 49 / 100.0% Year-End Inventory: 0 1992 Rank: 61 Company: Pennhill Company, The City, Key Officer: Aliso Viejo, Thomas E. Tucker SALES IN MILLIONS 1992 Volume: 10 1993 Projection: 24 Total: 50 UNITS CONSTRUCTED IN 1992 Single Family: 50 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 10 1992 Rank: 61 Company: All Valley Financial Corp. City, Key Officer: Canoga Park, Howard W. Speer SALES IN MILLIONS 1992 Volume: 10 1993 Projection: 11.2 Total: 30 UNITS CONSTRUCTED IN 1992 Single Family: 30 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 8 1992 Rank: 61 Company: Stratham Group, The City, Key Officer: Newport Beach, Ali Razi SALES IN MILLIONS 1992 Volume: 10 1993 Projection: 30 Total: 72 UNITS CONSTRUCTED IN 1992 Single Family: 72 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 24 1992 Rank: 62 Company: Signature Homes City, Key Officer: Lake Forrest, Norm Stuard SALES IN MILLIONS 1992 Volume: 9.5 1993 Projection: 11.5 Total: 23 UNITS CONSTRUCTED IN 1992 Single Family: 23 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 11 1992 Rank: 63 Company: McClellan Development City, Key Officer: Orange, Michael W. McClellan SALES IN MILLIONS 1992 Volume: 8.8 1993 Projection: 13.3 Total: 56 UNITS CONSTRUCTED IN 1992 Single Family: 56 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 11 1992 Rank: 63 Company: Pacesetter Homes, Inc. City, Key Officer: Newport Beach, J.W. Klug SALES IN MILLIONS 1992 Volume: 8.8 1993 Projection: 12 Total: 51 UNITS CONSTRUCTED IN 1992 Single Family: 51 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 63 Company: Mwh Development Corp. City, Key Officer: Sherman Oaks, Mark Handel SALES IN MILLIONS 1992 Volume: 8.8 1993 Projection: 16 Total: 45 UNITS CONSTRUCTED IN 1992 Single Family: 45 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 3 1992 Rank: 64 Company: Rhoades (J.P.) Development City, Key Officer: Santa Ana, Jeffrey P. Rhoades SALES IN MILLIONS 1992 Volume: 7.5 1993 Projection: 15 Total: 25 UNITS CONSTRUCTED IN 1992 Single Family: 25 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 7 1992 Rank: 64 Company: Weiss Engineering & Dev. Co., Inc. City, Key Officer: Encino, Bernard S. Weiss SALES IN MILLIONS 1992 Volume: 7.5 1993 Projection: 22 Total: 15 UNITS CONSTRUCTED IN 1992 Single Family: 1 / 6.6% Apts: 0 / 0.0% Condos: 14 / 93.3% Year-End Inventory: 0 1992 Rank: 65 Company: Sunburst Corporation City, Key Officer: San Diego, James A. Clarke SALES IN MILLIONS 1992 Volume: 7.2 1993 Projection: 24 Total: 30 UNITS CONSTRUCTED IN 1992 Single Family: 30 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 5 1992 Rank: 66 Company: Rancho Vista Development Co. City, Key Officer: Palmdale, R. Gregg Anderson SALES IN MILLIONS 1992 Volume: 6.7 1993 Projection: 9.5 Total: 14 UNITS CONSTRUCTED IN 1992 Single Family: 14 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 18 1992 Rank: 67 Company: C. A. S. Development Corp. City, Key Officer: Fountain Valley, Terry Smith SALES IN MILLIONS 1992 Volume: 6.3 1993 Projection: 9.5 Total: 33 UNITS CONSTRUCTED IN 1992 Single Family: 8 / 24.2% Apts: 0 / 0.0% Condos: 25 / 75.7% Year-End Inventory: 37 1992 Rank: 68 Company: Alpha Construction Co. Inc.* City, Key Officer: Van Nuys, Irvin Laxineta SALES IN MILLIONS 1992 Volume: 6.2 1993 Projection: 9.8 Total: 95 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 85 / 89.4% Condos: 10 / 10.5% Year-End Inventory: 0 1992 Rank: 69 Company: James L. Manley & Associates City, Key Officer: Los Angeles, James L. Manley SALES IN MILLIONS 1992 Volume: 6.1 1993 Projection: 5.5 Total: 0 UNITS CONSTRUCTED IN 1992 Single Family: 0 / -- Apts: 0 / -- Condos: 0 / -- Year-End Inventory: 3 1992 Rank: 70 Company: Odle & Son Construction, Inc. City, Key Officer: Redondo Beach, John David Odle SALES IN MILLIONS 1992 Volume: 5.8 1993 Projection: 5 Total: 5 UNITS CONSTRUCTED IN 1992 Single Family: 5 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 1 1992 Rank: 71 Company: Heller Development Co. City, Key Officer: Northridge, Richard Heller SALES IN MILLIONS 1992 Volume: 4.5 1993 Projection: 6.8 Total: 40 UNITS CONSTRUCTED IN 1992 Single Family: 40 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 72 Company: Calprop Corporation City, Key Officer: Los Angeles, Victor Zaccaglin SALES IN MILLIONS 1992 Volume: 4.4 1993 Projection: 8.4 Total: 17 UNITS CONSTRUCTED IN 1992 Single Family: 17 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 3 1992 Rank: 73 Company: Kreger & Sons City, Key Officer: Irwindale, James Kurt Kreger SALES IN MILLIONS 1992 Volume: 4.2 1993 Projection: 5 Total: 27 UNITS CONSTRUCTED IN 1992 Single Family: 2 / 7.4% Apts: 2 / 7.4% Condos: 23 / 85.1% Year-End Inventory: 6 1992 Rank: 74 Company: WDS Development, Inc. City, Key Officer: Montclair, Wayne Simonian SALES IN MILLIONS 1992 Volume: 3.8 1993 Projection: 5.1 Total: 34 UNITS CONSTRUCTED IN 1992 Single Family: 17 / 50.0% Apts: 17 / 50.0% Condos: 0 / 0.0% Year-End Inventory: 10 1992 Rank: 75 Company: Friedman (Eric) Development City, Key Officer: El Monte, Eric Friedman SALES IN MILLIONS 1992 Volume: 3.5 1993 Projection: 5.5 Total: 10 UNITS CONSTRUCTED IN 1992 Single Family: 10 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 76 Company: Coast Construction Co. City, Key Officer: Brea, Nat S. Harty SALES IN MILLIONS 1992 Volume: 3.3 1993 Projection: 7.1 Total: 6 UNITS CONSTRUCTED IN 1992 Single Family: 6 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 2 1992 Rank: 76 Company: Trent Meredith Inc. City, Key Officer: Oxnard, Michael E. Giordano SALES IN MILLIONS 1992 Volume: 3.3 1993 Projection: 9.2 Total: 19 UNITS CONSTRUCTED IN 1992 Single Family: 19 / 100.0% Apts: 0 0.0% Condos: 0 / 0.0% Year-End Inventory: 6 1992 Rank: 77 Company: Hix Development Corp. City, Key Officer: San Dimas, Ernest H. Hix SALES IN MILLIONS 1992 Volume: 3 1993 Projection: 12 Total: 20 UNITS CONSTRUCTED IN 1992 Single Family: 20 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 10 1992 Rank: 78 Company: Alexander/Catania Dev. City, Key Officer: Azusa, Guy C. Alexander/Philip R. Catania SALES IN MILLIONS 1992 Volume: 2.5 1993 Projection: 15 Total: 18 UNITS CONSTRUCTED IN 1992 Single Family: 18 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 79 Company: Sandpiper Homes, Ltd. City, Key Officer: Palm Desert, Thomas F. Schmidt SALES IN MILLIONS 1992 Volume: 2.3 1993 Projection: 7.2 Total: 2 UNITS CONSTRUCTED IN 1992 Single Family: 2 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 1 1992 Rank: 79 Company: Lan Ron Builders City, Key Officer: Laguna Hills, Grover Brown SALES IN MILLIONS 1992 Volume: 2.3 1993 Projection: 4.5 Total: 25 UNITS CONSTRUCTED IN 1992 Single Family: 25 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 8 1992 Rank: 79 Company: D. L. Griffin Co. City, Key Officer: Calabasas, David L. Griffin SALES IN MILLIONS 1992 Volume: 2.3 1993 Projection: 5.6 Total: 4 UNITS CONSTRUCTED IN 1992 Single Family: 4 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 79 Company: Shadow Hills Corp.* City, Key Officer: Santa Barbara, Hugh Thorson SALES IN MILLIONS 1992 Volume: 2.3 1993 Projection: 15 Total: 0 UNITS CONSTRUCTED IN 1992 Single Family: 0 / -- Apts: 0 / -- Condos: 0 / -- Year-End Inventory: 29 1992 Rank: 79 Company: H. R. Remington Properties, Inc. City, Key Officer: Laguna Niguel, Jamie M. Pirrello SALES IN MILLIONS 1992 Volume: 2.3 1993 Projection:9.8 Total: 23 UNITS CONSTRUCTED IN 1992 Single Family: 23 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 9 1992 Rank: 80 Company: New View Development, Inc.* City, Key Officer: Santa Monica, Craig A. Stevens/Richard E. Vamos SALES IN MILLIONS 1992 Volume: 1.9 1993 Projection: 4.5 Total: 1 UNITS CONSTRUCTED IN 1992 Single Family: 1 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 1 1992 Rank: 81 Company: Cunningham Barisic Development Corp.* City, Key Officer: Orange, David Cunningham SALES IN MILLIONS 1992 Volume: 1.5 1993 Projection: 15.5 Total: 8 UNITS CONSTRUCTED IN 1992 Single Family: 8 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 82 Company: Campbell Contractors City, Key Officer: Palos Verdes Estates, Roy J. Campbell SALES IN MILLIONS 1992 Volume: 1.3 1993 Projection: 2.5 Total: 1 UNITS CONSTRUCTED IN 1992 Single Family: 1 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 83 Company: A. E. Johnson Dev., Inc. City, Key Officer: Huntington Beach, Al Johnson SALES IN MILLIONS 1992 Volume: 0.6 1993 Projection: 0 Total: 0 UNITS CONSTRUCTED IN 1992 Single Family: 0 / -- Apts: 0 / -- Condos: 0 / -- Year-End Inventory: 1 1992 Rank: 84 Company: Inland Empire West, Company* City, Key Officer: Upland, Russell E. Blewett SALES IN MILLIONS 1992 Volume: 0.4 1993 Projection: 4.7 Total: 3 UNITS CONSTRUCTED IN 1992 Single Family: 3 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 85 Company: Metropolitan Structures West Inc. City, Key Officer: Los Angeles SALES IN MILLIONS 1992 Volume: 0.3 1993 Projection: 0 Total: 217 UNITS CONSTRUCTED IN 1992 Single Family: 0 / 0.0% Apts: 217 / 100.0% Condos: 0 / 0.0% Year-End Inventory: 97 1992 Rank: 86 Company: West Hills Development City, Key Officer: West Hills, Ross Gorgone SALES IN MILLIONS 1992 Volume: 0.2 1993 Projection: 2.6 Total: 1 UNITS CONSTRUCTED IN 1992 Single Family: 1 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 86 Company: Godo Construction Co. City, Key Officer: Van Nuys, Arnold S. Godo SALES IN MILLIONS 1992 Volume: 0.2 1993 Projection: 2.5 Total: 1 UNITS CONSTRUCTED IN 1992 Single Family: 1 / 100.0% Apts: 0 / 0.0% Condos: 0 / 0.0% Year-End Inventory: 0 1992 Rank: 86 Company: Kylcor Development Corp. City, Key Officer: Signal Hill, B. Lynn McCune SALES IN MILLIONS 1992 Volume: 0.2 1993 Projection: 2 Total: 0 UNITS CONSTRUCTED IN 1992 Single Family: 0 / -- Apts: 0 / -- Condos: 0 / -- Year-End Inventory: 15 Second row of figures shows unit’s percentage of total activity and may not add to 100% due to rounding.

* Firm reporting on fiscal-year basis.

ALPHABETICAL LISTINGS Following is an alphabetical listing of the building leaders included in The Times’ 22nd annual survey, with the rank of each firm. Asterisk indicates a tie in the ranking.

Company Name 1992 Rank Akins Companies, The 6 Alexander/Catania Dev. 78 All Valley Financial Corp. *61 Alpha Construction Co. Inc. 68 American Companies, The 55 A. E. Johnson Dev., Inc. 83 Baldwin Company, The 11 Barratt American Inc. 19 Bell Diversified Development, Inc. *36 Bramalea Calif. Inc. (Incl. Marlborough Dev. Corp.) 4 Brock Homes 14 Buie Corporation, The 27 Cal-Coast Development Group, Inc. 30 California Community Builders Inc. 51 Calprop Corporation 72 Campbell Contractors 82 Centex Homes 18 Century American 44 Century Homes Communities 23 Coast Construction Co. *76 Coleman Homes Inc. 33 Costain Homes Inc. 41 Cunningham Barisic Development Corp. *81 C. A. S. Development Corp. 67 Dahl Company, The 58 D. L. Griffin Co. *79 EPAC Housing, Inc. 50 Forecast Homes 10 Forest City Properties Corp. 21 Franciscan West Developments, Inc. 60 Friedman (Eric) Development 75 Future Estates, Inc. 54 GBW Properties Inc. 16 Godo Construction Co. *86 Goldrich & Kest Industries 15 Greystone Homes, Inc. 20 Griffin Companies 46 Grupe Construction Co. 37 Heller Development Co. 71 Hix Development Corp. 77 H. R. Remington Properties, Inc. *79 INCO Homes 22 Inland Empire West, Company 84 Institutional Property Investors 53 James L. Manley & Associates 69 J. C. C. Development *39 Kaufman & Broad Home Corp. 2 Kreger & Sons 73 Kylcor Development Corp. *86 Laing (John) Homes 24 Lan Ron Builders *79 Larwin Company 35 Lewis Homes of California 3 Lyon (William) Co., The 1 Manning Company 49 McClellan Development *63 McMillin Companies 25 Meeker Companies 47 Metropolitan Structures West Inc. 85 MWH Development Corp. 63 New View Development, Inc. 80 Newport Pacific Dev. Corp. 42 Odle & Son Construction, Inc. 70 Pacesetter Homes, Inc. *63 Pacific Landmark Dev. Inc. 38 Paragon Homes, Inc. 26 Pardee Construction Co. 8 Pennhill Company, The *61 Presley Companies, The 5 R G C 34 Rancho Vista Development Co. 66 Regis Homes Corporation 31 Republic Development Co. 52 Rhoades (J.P.) Development *64 Robinhood Homes, Inc. 59 Rockfield Development Corp. 48 Sandpiper Homes, LTD. *79 Selby/Fowlkes Partners 57 Shadow Hills Corp. *79 Shawntana *36 Shea Homes 12 Signature Homes 62 Stratham Group, The *61 Sunburst Corporation 65 Sunland Communities 43 Sunrise Company *39 Taylor Woodrow Homes 29 Trent Meredith Inc. *76 UDC Homes, LTD. 32 USA Properties Fund, Inc. 45 Van Daele Development Corp. 17 Warmington Homes 9 Watt Enterprises 13 WDS Development, Inc. 74 Weiss Engineering & Dev. Co., Inc. *64 West Hills Development *86 West Venture 28 Whitehawk Partnership 40 Woodcrest Development, Inc. 7 Woodview Development Co., Inc. 56