Ryland Announces Second Quarter Earnings Release and Conference Call

CALABASAS, Calif., June 19 /PRNewswire-FirstCall/ -- The Ryland Group, Inc. , will release second quarter earnings on Wednesday, July 19, 2006, before the market opens.

The conference call also will be held on Wednesday, July 19, at 9:00 a.m. PDT (noon EDT). The dial-in number is (800) 274-0873. Participants may call in beginning at 8:45 a.m. PDT.

The call will be recorded and replayed beginning at noon PDT on July 19 through midnight on Aug. 2. The dial-in number for the replay is (888) 203-1112 (reference conference code 8908545). In addition, the call will be broadcast and accessible from Ryland's Web site at http://www.ryland.com/ in the "Investor Information" section.

With headquarters in Southern California, Ryland is one of the nation's largest homebuilders and a leading mortgage-finance company. The company currently operates in 28 markets across the country and has built more than 250,000 homes and financed more than 215,000 mortgages since its founding in 1967. Ryland is a Fortune 500 company listed on the New York Stock Exchange under the symbol "RYL." Previous news releases may be obtained at http://www.ryland.com/.