Homex Second Quarter 2008 Erratum

CULIACAN, Mexico, July 23 /PRNewswire-FirstCall/ -- Desarrolladora Homex,
S.A.B de C.V. (Homex or the Company) (NYSE: HXM) (BMV: HOMEX) informed that
the number of square meters provided for land reserve on its Second Quarter
2008 press release should have been 71 million square meters instead of the
140 million square meters stated. The 71 million square meters are equivalent
to 347,855 homes, of which 318,960 are focused on the affordable entry-level
and 28,895 in the middle-income and higher end segments. As of June 30, 2008,
the Company had approximately 4.5 years of future sales on the balance sheet.
"It is important to highlight that the miscalculation in the land reserve
system was only in the square meter figures, and does not impact the numbers
provided in our financial statements," commented Carlos Moctezuma, Head of
Investor Relations of Homex.
About Homex
Desarrolladora Homex, S.A.B. de C.V. [NYSE: HXM, BMV: HOMEX] is a leading,
vertically integrated home development company focused on affordable entry-
level and middle-income housing in Mexico. The Company is one of the most
geographically diverse homebuilders in the country and a leader in the top
four markets. Homex is the largest home builder in Mexico, based on revenues,
number of homes sold and net income. The Company is listed in the Mexican
Stock Exchange (BMV) and is the only Mexican homebuilder listed in the New
York Stock Exchange (NYSE). Homex is the only Mexican company part of the
OECD's Latin American Corporate Governance Roundtable.
For additional corporate information, please visit the Company's web site
at: www.homex.com.mx
SOURCE Desarrolladora Homex, S.A.B. de C.V.

Investors: investor.relations@homex.com.mx, or Carlos J. Moctezuma, Head of
Investor Relations, Homex, +5266-7759-5838, cmoctezuma@homex.com.mx