Top U.S. Home Builder Taylor Morrison Relocates Its North American Headquarters to...

Top U.S. Home Builder Taylor Morrison Relocates Its North American Headquarters to Arizona

Move Will Allow for Better Access to All Markets
SCOTTSDALE, Ariz.--(Business Wire)--
Home builder Taylor Morrison has shifted its North American
headquarters westward, moving its base of operations from Florida to
Arizona.

The home builder relocated its corporate offices to Scottsdale,
Ariz., at the end of July to better align the company's headquarters
with its strongest home building markets, said Taylor Morrison
President and Chief Executive Officer Sheryl Palmer.

"We see our relocation to Arizona as being beneficial for Taylor
Morrison as a whole," Palmer said. "Our biggest markets are located in
the western United States and they will provide significant growth for
the company in years to come."

Taylor Morrison currently operates more than 200 communities
across the United States. The company also operates in Canada as the
Monarch Corporation.

The new Scottsdale location allows for convenient access to the
company's Texas, Colorado, Nevada, California and Arizona communities,
Palmer said. Florida, where the company had been based since its July
2007 merger, remains a key market and an integral piece of the
company's future growth, she said.

"Given that the majority of our business is in the western United
States though, it simply made better business sense to move to the
heart of our core market," Palmer said.

The corporate relocation comes on the heels of a successful first
year for the home builder, which has seen its completed inventory
decrease as customers take advantage of the company's wide selection
of competitively priced homes. In June, Taylor Morrison also unveiled,
in conjunction with its partners, the Disneyland Innoventions Dream
Home to rave reviews.

"We definitely feel we're on the right track," Palmer said. "Our
top priority since the merger has been to return cash to our business
by taking advantage of the synergies the merger has created. We're
beginning to see positive results from those efforts."

Taylor Morrison, Inc., is one of the top home builders in North
America, building a wide range of product for discerning home buyers
across the country. With more than 200 communities in Arizona,
California, Colorado, Florida, Nevada and Texas, Taylor Morrison,
Inc., offers first-time, mid-market and mid-to-upscale housing in both
master-planned communities and urban infill neighborhoods. The company
also operates under the Monarch brand in Ontario, Canada, where it
builds single-family homes and high-rise condominiums. Taylor
Morrison, Inc., is a wholly owned subsidiary of Taylor Wimpey plc
(LON: TW), a home building company with 125 years of experience and
operations in the United Kingdom, North America, Spain and Gibraltar.
For more information visit www.taylormorrison.com.

Mullen Public Relations
Al Stevens/Sandy Painter, 602-222-4343

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