John R. Boken to Become Chief Executive Officer and President of TOUSA, Inc.

HOLLYWOOD, Fla., May 27 /PRNewswire-FirstCall/ -- TOUSA, Inc.
(Pink Sheets: TOUSQ) -- TOUSA, Inc. today announced that, subject to approval
by the United States Bankruptcy Court for the Southern District of Florida,
Fort Lauderdale Division (the "Bankruptcy Court"), John R. Boken will become
Chief Executive Officer and President of TOUSA, Inc.
Mr. Boken, who was previously serving as Chief Restructuring Officer of
TOUSA, is a Managing Director at Kroll Zolfo Cooper where he specializes in
providing restructuring and crisis management services to financially
distressed companies.
Subject to the terms of an agreement dated May 23, 2008, and following a
thirty day transition period, Antonio B. Mon, the current Chief Executive
Officer, President and Executive Vice-Chairman of TOUSA, will remain in his
position as Executive Vice Chairman of TOUSA's Board of Directors through
December 31, 2008.
TOUSA, Inc. and certain subsidiaries filed voluntary petitions for relief
under Chapter 11 of the United States Bankruptcy Code with the Bankruptcy
Court on January 29, 2008. The case is pending as case number 08-10928-JKO.
For more information, please visit http://www.tousa.com or the Bankruptcy
Court web site at http://www.flsb.uscourts.gov.
About TOUSA, Inc.
TOUSA, Inc. is a leading homebuilder in the United States, operating in
various metropolitan markets in 10 states located in four major geographic
regions: Florida, the Mid-Atlantic, Texas, and the West. TOUSA designs,
builds, and markets high-quality detached single-family residences, town
homes, and condominiums to a diverse group of homebuyers, such as "first-time"
homebuyers, "move-up" homebuyers, homebuyers who are relocating to a new city
or state, buyers of second or vacation homes, active-adult homebuyers, and
homebuyers with grown children who want a smaller home ("empty-nesters"). It
also provides financial services to its homebuyers and to others through its
subsidiaries, Preferred Home Mortgage Company and Universal Land Title, Inc.
For more information on TOUSA, please visit our website at
http://www.tousa.com.
This press release may contain forward-looking statements. The Company
wishes to caution readers that certain important factors may have affected and
could in the future affect the Company's actual results and could cause the
Company's actual results for subsequent periods to differ materially from
those expressed in any forward-looking statement made by or on behalf of the
Company. This press release is qualified in its entirety by cautionary
statements and risk factor disclosure contained in the Company's Securities
and Exchange Commission filings, including the Company's annual report on Form
10-K for the year ended December 31, 2006, filed with the Commission on March
20, 2007, and the Company's quarterly reports on Form 10-Q for the quarters
ended March 31, 2007, June 30, 2007 and Sept. 30, 2007 filed with the
Commission on May 10, 2007, August 9, 2007 and November 14, 2007,
respectively.
Company Contacts:
Jennifer E. Mercer, Van Meter Inc.
954-364-4013
jmercer@tousa.com

SOURCE TOUSA, Inc.

Jennifer E. Mercer of Van Meter Inc., +1-954-364-4013, jmercer@tousa.com, for
TOUSA, Inc.