Lennar Extends Its Relationship with Moen

FOR IMMEDIATE RELEASE July 29, 2011

LENNAR EXTENDS ITS RELATIONSHIP WITH MOEN®

Leading HomeBuilder Continues its Relationship with Moen as the Supplier of Faucets, Showering and Accessory Products

Miami, FL…Lennar Corporation, one of the nation’s leading homebuilders, recently announced the extension of its relationship with Moen Incorporated, the number one faucet brand in North America. Moen® has been the supplier of faucets, showering and accessory products to Lennar for more than twenty years. The announcement was made by Mike Foster, Director of National Purchasing for Lennar.

“We’re thrilled to continue our long-standing relationship with Moen,” said Foster. “We see Moen as more than just a supplier of products – they’re experts in the building industry – and their people are truly a part of the Lennar team. They have an understanding of our business, and act more like strategic consultants, than simply a plumbing vendor.”

Foster continued, “Plus, there’s an openness and sense of trust we have together that is virtually unmatched in today’s building industry. And that goes beyond our associates and to our customers. We’re assured that our homeowners can feel confident that they have the best plumbing products and service available in the industry today.”

Tim Shearer, Senior Director of National Accounts, Moen, couldn’t agree more, “We have valued our relationship with Lennar for nearly a quarter-century, and we look forward to continuing this strong partnership for years to come. Moen understands the needs of the builder – and our brand exemplifies not only the products we offer, but the level of service and accountability expected by builders and their customers.”

For more information about Lennar or Moen, visit lennar.com or moen.com.

About Moen Moen, the 2010 EPA WaterSense ® Manufacturer Partner of the Year, offers a diverse selection of thoughtfully designed, on-trend kitchen faucets, bathroom faucets, bath accessories, showerh eads, and stainless steel sinks for residential and commercial applications. As a WaterSense pa rtner, Moen has aligned its priorities with the goals of the U.S. EPA, working to protect the future of our nation's water supply through the introduction and ongoing support of water-efficient prod ucts, programs and practices, while keeping consumers’ needs top-of-mind.

Customers have come to rely on Moen, the #1 faucet brand in North America, to deliver dependable products and service. Moen is part of Fortune Brands, Inc. (NYSE: FO, www.fortunebrands.com), a leading consumer brands company.

About Lennar

Lennar Corporation, founded in 1954, is one of the nation's leading homebuilders of quality homes for all generations. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name. Lennar's Financial Services segment provides primarily mortgage financing, title insurance and closing services for both buyers of the Company's homes and others. Lennar's Rialto Investments segment is focused on distressed real estate asset investments, asset management and workout strategies. Previous press releases and further information about the Company may be obtained at the "Investor Relations" section of the Company's website, www.lennar.com.

Contact: Jennifer Allanson or Kristi Stolarski Falls Communications (216) 696-0229 [email protected] or [email protected]