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            PulteGroup has been providing the American Dream of homeownership to families for almost 70 years. What started as a single home built and sold by the entrepreneurial spirit of an 18-year-old Bill Pulte, has grown into one of the country’s largest homebuilding companies. PulteGroup sells under many of the industry’s most recognized brand names and serves customers as they move through all phases of their lives. The Company operates in approximately 50 of the leading housing markets throughout the country. Click here for a snapshot of PulteGroup’s business. If you are an investor or member of the news media and need additional assistance, please contact our Investor Relations/Media Relations team.

            Driving Gains Income and Profitability

            Since 2011, PulteGroup has been operating against the clearly defined goals of delivering high returns on invested capital and equity that, in turn, are expected to create long-term business value for our shareholders. Key to achieving higher returns has been a series of initiatives designed to improve our fundamental business results in the areas of operating margins, growth in pretax income, inventory turns and the efficient use of capital. As a result of our efforts, PulteGroup’s operating and financial performance has risen to be among the industry leaders allowing us to drive dramatic gains in pretax income.

            Supporting our efforts to deliver higher returns and increased shareholder value is our stated capital allocation priorities which are: 1) invest in the business, which can include M&A; 2) fund our dividend and look to grow it over time; and 3) use excess cash to repurchase shares. Consistent with these priorities, in the five-year period of 2013 through 2017, the Company invested approximately $10 billion in land acquisition and development, while returning $2.8 billion to shareholders through dividends and share repurchase.

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