M.D.C. Holdings to Webcast Live Its Presentation for 2006 Wachovia Securities Homebuilders Conference

DENVER, Feb. 23 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. announced today it will broadcast a synchronized slide show and audio presentation being made at the 2006 Wachovia Securities Homebuilders Conference on Tuesday, February 28, at 10:00a.m. PST. The presentation can be heard live and will be available for replay until March 31, 2006, by entering the M.D.C. Holdings, Inc. website, RichmondAmerican.com, clicking on "Investors" and selecting "2006 Wachovia Securities Homebuilders Conference." Also, the Company's presentation materials for the Conference will be available and can be viewed on the "Investors" page under the heading "2006 Wachovia Securities Homebuilders Conference Financial Presentation." Participants are encouraged to log in at least five minutes prior to the start of the presentation for registration. Minimum requirements to listen to the broadcast include the Windows Media Player, downloadable free from http://www.microsoft.com/windows /windowsmedia/mp10/default.aspx, and at least a 28.8Kbps connection to the Internet. If you experience problems while listening to the broadcast, send an email to [e-mail].

MDC, whose subsidiaries build homes under the name "Richmond American Homes," is one of the largest homebuilders in the United States. The Company also provides mortgage financing, primarily for MDC's homebuyers, through its wholly owned subsidiary, HomeAmerican Mortgage Corporation. MDC is a major regional homebuilder with a significant presence in some of the country's best housing markets. The Company is among the top five homebuilders in Colorado, Northern Virginia, suburban Maryland, Phoenix, Tucson, Las Vegas, Jacksonville and Salt Lake City; and among the top ten homebuilders in Northern California and Southern California. MDC also established operating divisions in West Florida, Philadelphia/Delaware Valley, Chicago, Dallas/Fort Worth and Houston. For more information about our Company, please visit RichmondAmerican.com.

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