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Centex Corporation

CTX

Centex Corporation is a residential construction company, whose principal operations is focused on residential and commercial construction, and related activities such as mortgage financing. During the fiscal year ended March 2005, Centex's subsidiaries operated in three principal business units: Home Building, Financial Services and Construction Services. Its conventional homebuilding subsidiary, Centex Homes, purchases and develops land or lots, and constructs and sells single-family homes, including resort and second home properties, and lots. The Financial Services unit consist primarily of home financing, sub-prime home equity lending and the sale of title insurance, and other insurance coverages, including property and casualty. The Construction Services unit provides a range of commercial contracting services, including construction management, general contracting, design-build and pre-construction services.

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