Meritage Homes Presentation to be Webcast on October 10, 2012 From Deutsche Bank 20th Annual Leveraged Finance Conference

PHOENIX, Oct. 3, 2012 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), a leading U.S. homebuilder, announced today that Meritage management will be speaking to investors at the Deutsche Bank 20th Annual Leveraged Finance Conference in Scottsdale, Arizona on October 10, 2012 at 3:40pm local time. The event 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 ninth-largest public homebuilder in the United States based on homes closed in 2011. Meritage builds a variety of homes across Southern and Western states to appeal to a wide range of buyers, including first-time, move-up, luxury and active adults. As of June 30, 2012, the company had 151 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. In 2012, Meritage also announced its entry into the Charlotte market.

Meritage is an industry leader in innovation and energy efficiency. Meritage was the first national homebuilder to be 100 percent ENERGY STAR® qualified in every home it builds, and far exceeds ENERGY STAR standards in most of its communities. Meritage has designed and built more than 75,000 homes in its 27-year history, and has a reputation for its distinctive style, quality construction, and positive customer experience.

For more information, visit meritagehomes.com.

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

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

Released October 3, 2012