Homex Main Shareholders Led by Chairman of the Board Acquire 6.7 Million Common Shares

CULIACAN, Mexico, Nov. 8 /PRNewswire-FirstCall/ -- Desarrolladora Homex, S.A.B de C.V. (Homex or the Company) announced today that its main shareholders led by Mr. Eustaquio de Nicolas Gutierrez, Chairman of the Board of Directors of Homex, acquired yesterday in a private transaction 6.7 million common shares of Homex (representing less than 2.0% of the Company) from EIP Investment Holdings L.L.C., COMM V.A. After the sale, EIP continues to hold approximately 8.5% of the Company's common stock.

In a letter to the Company's management, Mr. de Nicolas highlights the commitment of the main shareholder group to Homex. "Actions like this send a clear message of the founders' and main shareholders' belief in the business, our confidence in the housing market and in Homex's ability to provide significant value creation for all its shareholders. I am convinced that Homex continues to be uniquely positioned to take full advantage of future opportunities in the Mexican housing industry to benefit home buyers, our employees and stockholders."

Through this operation, the de Nicolas family holds now 34.8% of Homex's capital. The public float remains above 56.6%.

About Homex

Desarrolladora Homex, S.A.B de C.V. is a leading, vertically-integrated home development company focused on affordable-entry level and middle-income housing in Mexico. It is one of the most geographically diverse home builders in the country. Homex has a leading position in the top four markets in the country and is the largest builder in Mexico, based on the number of homes sold, revenues and net income.

For additional corporate information please visit the Company's web site at: http://www.homex.com.mx/