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. Hovnanian® Homes® has announced the opening of The Lodge at K. Hovnanian’s® Four Seasons at Terra Lago in Indio. This fabulous recreation center offers incredible amenities to its residents, promoting asense of true community and forming new cherished friendships between neighbors. Plus, a complete activities calendar means that you can participate in your favorite hobbies or

why not help your friends and neighbors discover a talent

they never knew they had!

The Lodge is the centerpiece of the community, showcasing a spectacular lifestyle of clubs, activities, events and lasting relationships. The Lodge features a large ballroom, fitness center with yoga studio, beauty salon, billiards room, arts and crafts room, library and indoor pool. outdoors you find a relaxing patio with fireplace, putting green, tennis courts, abasketball court, bocce court, and another pool and spa.

k. HovnAniAn’s FoUr seAsons At terrA lAGo

THe LodGe oPenS AT K. HoVnAnIAn’S FouR SeASonS AT TeRRA LAGo

BeDrooMs:2

BAtHs:2

PriCes:MiD $200s

The community even features clubs and activities for every interest such as playing cards, reading, painting, pickleball, basketball and more.

Residents have moved into The Lodge and are reporting this recreation center is awonderful place for morning workouts, afternoon lounging and playing a game of pool. The most popular amenity so far is the fabulous indoor junior olympic heated pool. Regardless of the weather, this facility is always available for swimming laps, water aerobics or just a refreshing swim and includes the use of locker rooms. And the ladies of Terra Lago have wasted no time breaking in the crafting room! More clubs and activities are forming as more terrific hom eowners

move in.

An intimate, destination community in wonderful up and coming Indio, K. Hovnanian’s® Four Seasons at Terra Lago is a gated neighborhood for active adults 55 and better and boasts true resortstyle living.These energyefficient new homes range from approximately 1,559 to 2,747 square feet, some even backing the golf course. With open home designs that flow seamlessly from indoors to out, these homes are perfect for entertaining or a quiet night at home. you will love enjoying the warm Indio climate and taking in the mountain and golf course views all from the comforts of your new home.

one home in particular that is perfect for those looking for a luxurious retreat is the Fox Canyon. This home offers 2 bedrooms plus a den and 2 bathrooms. The kitchen features granite countertops,

beautiful maple cabinets and stainless steel appliances. The best part of this home is the wonderful master suite, which features a bright bay window, large walk-in closet, relaxing soaking tub and a separate shower. This home is offered for just $292,644 and will sell quickly.

K. Hovnanian’s® Four Seasons at Terra Lago is located just north of Interstate 10 off of Golf Center Parkway and Terra Lago Parkway. nine models are available for viewing as well as The Lodge. For more information visit khov.com/socal or call 888-408-6590.

About Hovnanian enterprises® Hovnanian enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, new Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, delaware, Florida, Georgia, Illinois, Maryland,Minnesota,new

Incredible amenities are available to residents

Jersey, north Carolina, ohio, Pennsylvania, South Carolina, Texas, Virginia,Washington, d.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes®, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town &Country Homes and oster

Homes. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is

also one of the nation’s largest

builders of active adult homes.

Additional information on Hovnanian enterprises, Inc., including asummary investment profile and the Company’s 2012 annualreport, can be accessed through the “Investor Relations” section of the Hovnanian enterprises’ website at http://www.

khov.com. To be added to Hovnanian’s investor e-mail or fax lists, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.