TOUSA to Hold Conference Call and Web Cast on February 15, 2006 to Discuss Fourth Quarter and Year-End Results for 2005

Technical Olympic USA, Inc. (NYSE:TOA) announced today
that the Company will hold a conference call and web cast on
Wednesday, February 15, 2006 at 11:00 a.m. Eastern Time to discuss
financial results for the fourth quarter and year ended December 31,
2005.
   The Company will issue its earnings press release after the market
close on Tuesday, February 14, 2006 for the quarter and year ended
December 31, 2005.

   Dial-In Information

   Please dial [phone] (domestic) or [phone]
(international) and use the pass code 56380162. Participants must dial
in 5 to 10 minutes prior to the scheduled start time for registration.

   Web Cast Information

   This call is being web cast by CCBN and can be accessed through
the Company's web site at www.tousa.com. Please allow 15 minutes prior
to the call to download and install any necessary audio software.

   Replay:

   If you are unable to participate on the call, a replay will be
available starting at 2:00 p.m. Eastern Time on February 15 and will
run through 12:00 a.m. Eastern Time on March 1. The replay telephone
numbers are [phone] (domestic) and [phone]
(international) and the code is 14822800.

   About Technical Olympic USA, Inc.

   Technical Olympic USA ("TOUSA") is a leading homebuilder in the
United States, operating in 16 metropolitan markets located in four
major geographic regions: Florida, the Mid-Atlantic, Texas, and the
West. TOUSA designs, builds and markets high-quality detached
single-family residences, town homes and condominiums to a diverse
group of homebuyers, such as "first-time" homebuyers, "move-up"
homebuyers, homebuyers who are relocating to a new city or state,
buyers of second or vacation homes, active-adult homebuyers, and
homebuyers with grown children who want a smaller home
("empty-nesters"). TOUSA also provides financial services to its
homebuyers and to others through its subsidiaries, Preferred Home
Mortgage Company and Universal Land Title, Inc. For more information
on TOUSA, please visit our website at www.tousa.com.

   This press release may contain forward-looking statements. The
Company wishes to caution readers that certain important factors may
have affected and could in the future affect the Company's actual
results and could cause the Company's actual results for subsequent
periods to differ materially from those expressed in any
forward-looking statement made by or on behalf of the Company. This
press release is qualified in its entirety by cautionary statements
and risk factor disclosure contained in the Company's Securities and
Exchange Commission filings, including the Company's report on Form
10-K filed with the Commission on March 11, 2005.