CORRECTING and REPLACING WCI Communities Celebrates Listing on the New York Stock Exchange

  CORRECTING and REPLACING WCI Communities Celebrates Listing on the New York
  Stock Exchange

CORRECTION by...WCI Communities

Business Wire

BONITA SPRINGS, Fla. -- July 25, 2013

Please replace the release with the following corrected version due to
multiple revisions.

WCI Communities CEO Keith E. Bass, joined by members of WCI's management team,
board of directors an ...

WCI Communities CEO Keith E. Bass, joined by members of WCI's management team,
board of directors and sponsors, celebrated the company's first day of trading
on the NYSE by ringing The Opening Bell. (Photo by Ben Hider/NYSE Euronext)

The corrected release reads:

      WCI COMMUNITIES CELEBRATES LISTING ON THE NEW YORK STOCK EXCHANGE

WCI Communities, Inc. (“WCI” or the “Company”) today announced the successful
public sale of 6,819,091 shares of WCI common stock, at a price of $15.00 per
share. WCI begins trading today on the New York Stock Exchange under the
symbol “WCIC.”

WCI is a lifestyle community developer and luxury homebuilder of single- and
multi-family homes in most of coastal Florida’s highest growth and largest
markets. WCI operates three businesses, including its primary Homebuilding
business and complementary Real Estate Services and Amenities businesses.

Keith Bass, President and Chief Executive Officer of WCI, said: “This is an
exciting day for everyone at WCI. With the capital we have raised today,
combined with our sizeable and attractive land inventory, strong existing
market position, and highly respected local management teams, we are well
positioned to expand both organically and through strategic acquisitions in
the highly attractive coastal Florida housing market.”

Mr. Bass, joined by members of WCI’s management team, board of directors and
sponsors, celebrated the company’s first day of trading on the NYSE by ringing
The Opening Bell.

A webcast of the event is available at https://nyse.nyx.com/the-bell.

About WCI Communities, Inc. (NYSE: WCIC)

WCI Communities is a lifestyle community developer and luxury homebuilder of
single- and multi-family homes in coastal Florida’s highest growth and largest
markets. With a legacy that spans more than 60 years, WCI has an established
expertise in developing amenity rich, lifestyle oriented master-planned
communities, catering to move-up, active adult and second-home buyers.
Headquartered in Bonita Springs, Florida, WCI is a fully integrated
homebuilder and developer with complementary real estate brokerage and title
services businesses. For more information, visit www.WCICommunities.com or
call 800-WCI-2290.

Forward-Looking Statements

Certain statements contained in this release that are not historical
information contain forward-looking statements. The forward-looking statements
involve risks and uncertainties and actual results may differ materially from
those projected or implied. Further, certain forward-looking statements are
based on assumptions of future events which may not prove to be accurate.
These forward-looking statements can be identified by the use of
forward-looking terminology, including the terms “believe,” “estimate,”
“project,” “anticipate,” “expect,” “seek,” “predict,” “contemplate,”
“continue,” “possible,” “intend,” “may,” “might,” “will,” “could,” “would,”
“should,” “forecast,” or “assume” or, in each case, their negative, or other
variations or comparable terminology. The Company derives many of its
forward-looking statements from its operating budgets and forecasts, which are
based upon many detailed assumptions. While the Company believes that its
assumptions are reasonable, it is difficult to predict the impact of known
factors and, of course, it is impossible to anticipate all factors that could
affect actual results.

You should keep in mind that any forward-looking statement made by the Company
herein, or elsewhere, speaks only as of the date on which made. New risks and
uncertainties come up from time to time, and it is impossible for the Company
to predict these events or how they may affect it. The Company has no
obligation to update any forward-looking statements after the date hereof,
except as required by federal securities laws.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130725006219/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50677920&lang=en

Contact:

Media:
WCI Communities
Laura Johnston, 239-253-6902
or
Kekst and Company
Lyndsey Estin / Margaret Rohrmann, 212-521-4800
 
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