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2003 PRESS RELEASES

EPA NAMES Astoria Homes
Energy Star® 2003 PARTNER OF THE YEAR

Astoria Homes earns award for protecting the environment through energy efficiency

The U.S. Environmental Protection Agency (EPA) has named Astoria Homes as an ENERGY STAR Partner of the Year for its outstanding contribution to reducing greenhouse gas emissions by building energy-efficient homes. Astoria Home¹s accomplishments were recognized at an awards ceremony in Washington, D.C. in April 2003.

Astoria Homes, a partner in the program since 2001, was honored for building homes that meet or exceed ENERGY STAR specifications for energy efficiency. ENERGY STAR homes are significantly more energy efficient than homes built to standard code. Every ENERGY STAR Home keeps 4,500 lbs of greenhouse gases out of our air each year. In 2001 alone, ENERGY STAR helped Americans save enough energy to power 10 million homes and reduce the air pollution equivalent to taking 12 million cars off the road -- all while saving consumers $6 billion.

"Astoria Homes is pleased to be a part of the ENERGY STAR program," said Tom McCornick. "We are proud to be associated with a new generation of homes that are better for homeowners and the planet."

The ENERGY STAR Award is given to a variety of organizations to recognize their efforts to build energy-efficient homes that provide significant cost savings to consumers and benefit the environment. These Award Winners are selected from over 1,000 organizations that participate in the ENERGY STAR program.

"EPA is proud to recognize companies such as Astoria Homes with an ENERGY STAR Award," said Kathleen Hogan, director of EPA¹s Climate Protection Partnerships Division. "They have shown tremendous leadership in helping Americans move into new homes that are better for the environment as well as less costly to own."

About Astoria Homes
Founded in 1995, Astoria Homes is an award-winning homebuilder locally owned and operating only in the Las Vegas Valley. The company website can be accessed at www.AstoriaHomes.com

About ENERGY STAR
ENERGY STAR was introduced by the US Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce air pollution through increased energy efficiency. The program offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 7,000 organizations have become ENERGY STAR partners and are committed to improving the energy efficiency of products, homes and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

In an effort to continually improve our plans and designs, ASTORIA HOMES reserves the right to change features, plans, prices, and specifications without notice. All square footages distributed and verbally-quoted are approximate.

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