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. Hovnanian® Homes® continues to expand across the southern California area and is pleased to announce the opening of its two newest communities. K. Hovnanian® has focused on the needs of the luxury buyer looking for a home tucked away from the city, but with a spectacular location and spacious homesites. Two brand new gated communities are opening in Moorpark on saturday, April 4, and interest is growing quickly!

The Executive Collection at Meridian Hills has one- and two-story homes up to 3,789 and up to 5 bedrooms. You will be amazed at the gorgeous curb appeal of each of these homes. Inside you will enjoy spacious open living. some home designs even include cozy courtyards to open up your home and provide anatural flow from indoor living to

MErIdIAn HIlls

K. HovnAnIAn HoMEs PrEsEnTs MErIdIAn HIlls In MoorPArK

BEdrooMs:5

BATHs:5

PrICEs:MId $600s

out, providing the ideal place for morning coffee or dining al fresco. Homesinthiscollection start in just the mid $700s.

The Estates Collection at Meridian Hills features luxurious two-story homes up to 4,668 square feet and 5 bedrooms. These home designs have impressive foyers with beautiful rounded staircases and turret entries. Additional dramatic spaces continue throughout the home with spacious living areas and large kitchen islands. A focus on indoor/outdoor living will give you the opportunity to enjoy the beautiful Moorpark climate. Your friends and family are sure to be impressed with these new

homes, and pricing starts in the upper $800s.

Whatever your style of living, you are sure to find the perfect home for you and your family here. You will be located within a gated community and will have access to parks, tennis courts,and more. Meridian Hills is the ideal place to meet new friends and neighbors and not only enjoythe comforts of your new home, but thrive in the community around you. Interest in these wonderful communities is high, so interested buyers are encouraged to join the interest list to secure their place in line.

To learn more about any of the K. Hovnanian® communities located in southern California, visit khov.com/socal or contact the friendly Community Information specialists at 888-408- 6590. These experts will be able to help you find your ideal new home.

Meridian Hills by K. Hovnanian Homes offers 2Collections of luxuryHomes

About Hovnanian Enterprises ® , Inc. Hovnanian Enterprises, Inc., founded in 1959 by Kevorks. Hovnanian, is headquartered in red Bank, new Jersey. TheCompanyisone of the nation’s largest homebuilders with operations in Arizona, California, delaware, Florida, Georgia, Illinois, Maryland, Minnesota, new 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®, Brighton Homes® and Parkwood Builders.Asthe developer of K. Hovnanian’s®Foursea sons

communities,the Company is also one of the nation’s largest builders of activeadult homes.

Additional information on Hovnanian Enterprises, Inc., including asummaryinvestment profile and the Company’s 2014 annual report, 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.