Meritage Homes to Webcast 2007 Annual Meeting of Stockholders

SCOTTSDALE, Ariz., May 14, 2007 (PRIME NEWSWIRE) -- Meritage Homes Corporation (NYSE:MTH) will webcast its 2007 annual meeting of stockholders on Wednesday, May 16, 2007, at 10:00 A.M. Pacific Time. Interested investors can access the audio webcasts of the meeting and presentation 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. An archived version of the webcast and accompanying presentation will be available on this site for 30 days following the presentation.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 12th largest homebuilder in the U.S. and 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 #580 on the 2007 Fortune 1000 list and has appeared on Fortune's "Fastest Growing Companies in America" list in six of the last eight 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 May 14, 2007