Meritage Homes to Present at Upcoming Wachovia and Citigroup Securities Conferences

SCOTTSDALE, Ariz., Feb. 20, 2007 (PRIME NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH) is scheduled to present at two upcoming securities conferences sponsored by Wachovia Capital Markets and Citigroup Investment Research. Chairman and Chief Executive Officer Steven J. Hilton, with Chief Financial Officer Larry W. Seay, will present at Wachovia's 2nd Annual Homebuilding Conference in Las Vegas at 11:30 AM PST on March 2, 2007. Steven J. Hilton will also present at Citigroup's 20th Annual Global Industrial Manufacturing Conference in New York City at 8:00 AM EST on March 6, 2007. Both presentations will be webcast live.

Interested investors can access the audio webcasts of the presentations and accompanying slides through the Meritage Homes website, http://www.meritagehomes.com, by following the links to "Investor Relations," then "Webcasts & Presentations," and selecting the corresponding conference link. Archived versions of each presentation and accompanying slides will be available on this site for 30 days following the presentation.

About Meritage Homes Corporation

Meritage Homes Corporation (NYSE:MTH) is a leader in the homebuilding industry. The Company is ranked by Builder magazine as the 13th largest homebuilder in the U.S. was selected in 2006 for the fourth consecutive year to Forbes' "Platinum 400 - Best-Managed Big Companies in America." Meritage is in the S&P SmallCap 600 Index, ranks #615 on the 2006 Fortune 1000 list and has appeared on Fortune's "Fastest Growing Companies in America" list in five of the last seven years. Meritage operates in many of the dominant homebuilding markets of the southern and western United States, including six of the top 10 single-family housing markets in the country, and has reported 19 consecutive years of record revenue through 2006. For more information about the Company, visit www.meritagehomes.com. Meritage is a member of the Public Home Builders Council of America (www.phbca.org).

The Meritage Homes Corporation logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2624

CONTACT:  Meritage Homes Corporation
          Investor Relations:
          Brent Anderson, Director Investor Relations
            (972) 543-8207
          Corporate Communications:
          Jane Hays, Vice President-Corp. Develop.
            (972) 543-8123

Released February 20, 2007