Meritage Homes Schedules Third Quarter 2008 Earnings Webcast

SCOTTSDALE, Ariz., Oct. 20, 2008 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH) a leading U.S. homebuilder, plans to release the Company's third quarter 2008 results on Monday, October 27, 2008 after market close. Management will host a conference call to discuss these results on October 28, 2008, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time.) The call will be webcast by Business-to-Investor, Inc. (B2i), with an accompanying slideshow on the "Investor Relations" page of the Company's web site at http://www.meritagehomes.com. For telephone participants, the dial-in number is 888-241-0558 with a passcode of "Meritage". Participants are encouraged to dial in five minutes before the call begins. A replay of the call will be available after 4:30 p.m. ET October 28, 2008 on the website noted above, or by dialing 800-374-8789, and referencing passcode 64825132.

About Meritage Homes Corporation

Meritage Homes Corporation (NYSE:MTH) builds primarily single-family homes across the southern and western United States under the Meritage, Monterey and Legacy brands. Meritage has active communities in Houston, Dallas/Ft. Worth, Austin, San Antonio, Phoenix/Scottsdale, Tucson, Las Vegas, the East Bay/Central Valley and Inland Empire of California, Denver and Orlando. The Company was ranked by Builder magazine in 2008 as the 12th largest homebuilder in the U.S. and ranked #803 on the 2008 Fortune 1000 list. For more information about the Company, visit www.meritagehomes.com.

Click here to join our email alert list: http://www.b2i.us/irpass.asp?BzID=1474&to=ea&s=0

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

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