Meritage Homes to Present at Wells Fargo and J.P. Morgan Conferences

SCOTTSDALE, Ariz., May 1, 2012 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH), a leading U.S. homebuilder, announced today that Meritage management will be speaking at two upcoming investor conferences in New York City on May 9 and May 16, 2012. Wells Fargo Securities will host a question and answer discussion with company management at 11:15am ET on Wednesday, May 9 at the Wells Fargo 2012 Industrial and Construction Conference. Management will also make a presentation to the investment community on Wednesday, May 16, 2012 at 7:45am ET at the J.P. Morgan Homebuilding and Building Products Conference. These events will be webcast live and may be accessed through the "Investor Relations" page of the Meritage Homes website, http://investors.meritagehomes.com. Participants should access the webcast event page at least five minutes before the live event for the audio link and any accompanying materials. Archived versions of the presentations will be available on this site for 90 days following the presentation.

About Meritage Homes Corporation

Meritage Homes is the 9th-largest homebuilder in the United States based on homes closed. Meritage builds a variety of homes across the Southern and Western states to appeal to a wide range of buyers, including first-time, move-up, luxury and active adults. As of March 31, 2012, the company had 150 actively selling communities in 15 metropolitan areas, including Northern California, East Bay/Central Valley and Southern California, Houston, Dallas/Ft. Worth, Austin, San Antonio, Phoenix/Scottsdale, Tucson, Las Vegas, Denver, Orlando, Tampa and Raleigh-Durham.

Meritage offers its Simply Smart Series™ of homes and a 99-day guaranteed completion program in certain communities, and was the first large national homebuilder to be 100 percent ENERGY STAR® qualified in every home started since January 1, 2010. Meritage has designed and built nearly 70,000 homes in its 25-year history, and has a reputation for its distinctive style, quality construction, and positive customer experience.

Meritage Homes is listed on the NYSE under the symbol MTH.

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

For more information about the Company, visit http://investors.meritagehomes.com

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CONTACT: Brent Anderson
         (972) 580-6360 (office)
         Brent.Anderson@meritagehomes.com

Released May 1, 2012