Toll Brothers, Inc.'s Subsidiary Extends Early Participation Date In Exchange Offer For Certain Outstanding Debt Securities

Toll Brothers Finance Corp., a wholly owned subsidiary of Toll Brothers, Inc., announced that it has extended the early participation date relating to its registered offer to exchange new 5.875% Senior Notes due February 15, 2022 (the New Notes) for any and all of its currently outstanding 6.875% Senior Notes due 2012 (the 2012 Notes) and 5.95% Senior Notes due 2013 (the 2013 Notes and, together with the 2012 Notes, the Outstanding Notes) to 12:00 midnight, New York City time, on March 2, 2012, the same time as the expiration date for the exchange offer. No other changes have been made to the terms and conditions of the exchange offer, which are set forth in the Registration Statement on Form S-4, filed by Toll Brothers with the Securities and Exchange Commission on February 3, 2012 (the Registration Statement). The condition that Toll Brothers has completed an offering of $300 million in aggregate principal amount of New Notes was satisfied on February 7, 2012.