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Homex Spurs Job Creation CULIACAN, Mexico, Nov. 17 /PRNewswire-FirstCall/ -- As a result of its
continued solid growth and leadership in the Mexican homebuilding industry,
Desarrolladora Homex, S.A.B. de C.V. ("Homex" or "the Company") (NYSE: HXM,
BMV: HOMEX) said today that it is pleased to be a contributor to job creation
in Mexico, a key driver of economic development in the country. During October alone, Homex created 2,400 new jobs at the Company's construction sites throughout Mexico. As of September 30, 2009, Homex has realized an 8.1 percent growth in revenues, equivalent to 43,070 homes, principally in the affordable entry-level sector. "We are very pleased with our continued success in delivering affordable, high-quality homes for a growing number of Mexican families, and are also proud that we have become an important contributor to job creation, a crucial step in economic recovery in Mexico," said Gerardo de Nicolas, Chief Executive Officer of Homex. "We remain committed to the development of successful communities that enhance our customers' quality of life and to providing career opportunities for the enrichment of Mexican workers." 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. It is one of the most geographically diverse homebuilders in the country. Homex has a leading position in the top four markets in Mexico and is the largest home builder in Mexico, based on revenues, number of homes sold and net income. For additional corporate information, please visit the Company's web site at: www.homex.com.mx.
Investor Contacts
investor.relations@homex.com.mx
Vania Fueyo
Investor Relations Officer
+5266-7759-5838
vfueyo@homex.com.mx
Source: Desarrolladora Homex, S.A.B. de C.V.
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