Lennar Corporation Declares Quarterly Dividends

               Lennar Corporation Declares Quarterly Dividends

PR Newswire

MIAMI, April 10, 2013

MIAMI, April 10, 2013 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and
LEN.B), one of the nation's largest homebuilders, announced that its Board of
Directors has declared a quarterly cash dividend of $0.04 per share for both
Class A and Class B common stock payable onMay8, 2013 to holders of record
at the close of business on April 24, 2013. 

Lennar Corporation, founded in 1954, is one of the nation's leading builders
of quality homes for all generations. The Company builds affordable, move-up
and retirement homes primarily under the Lennar brand name. Lennar's
Financial Services segment provides mortgage financing, title insurance and
closing services for both buyers of the Company's homes and others. Lennar's
Rialto Investments segment is focused on distressed real estate asset
investments, asset management and workout strategies. Previous press releases
and further information about the Company may be obtained at the "Investor
Relations" section of the Company's website, www.lennar.com.

Some of the statements in this press release are "forward-looking statements,"
as that term is defined in the Private Securities Litigation Reform Act of
1995. These forward-looking statements include statements regarding our
business, financial condition, results of operations, cash flows, strategies
and prospects. You can identify forward-looking statements by the fact that
these statements do not relate strictly to historical or current matters.
Rather, forward-looking statements relate to anticipated or expected events,
activities, trends or results. Because forward-looking statements relate to
matters that have not yet occurred, these statements are inherently subject to
risks and uncertainties. Many factors could cause our actual activities or
results to differ materially from the activities and results anticipated in
forward-looking statements. These factors include those described under the
caption "Risk Factors" in Item 1A of our Annual Report on Form 10-K for our
fiscal year ended November 30, 2012. We do not undertake any obligation to
update forward-looking statements, except as required by Federal securities
laws.

SOURCE Lennar Corporation

Website: http://www.lennar.com
Contact: Allison Bober, Investor Relations, Lennar Corporation, (305) 485-2038