Farrell II , president and chief
operating officer, as his successor.

EXECUTIVE BIOGRAPHY

Thos. He also
is a member of St.

hobbs plowman

NVTC has 1100 member companies
representing about 160 ,000 employees. RICHMOND, Va. In 1974 he joined Boston Edison as vice president and general
counsel .
Capps joined Dominion's principal subsidiary, Virginia Power, as executive
vice president in 1984 and assumed the position of president of Dominion in
November 1986.
He is a member of the board of visitors of The College of William + Mary
in Williamsburg, Va.
Capps is married to the former Sandra Lee Hurley of Denver. To be added to Hovnanian's investor e-mail or fax lists ,
please send an e-mail to http://www.

claypoole petersburgh

Capps
Chairman of the Board and Chief Executive Officer

Thos.
He assumed the title of chairman in August 2000. of
Virginia Beach, a managed -health care company.3 -0.1 4.2%
--------------------- ----------------------

Hovnanian Enterprises, Inc.

tracing childers

In addition to the new change in leadership, NVTC members elected the
following individuals to serve three-year terms on the Board.; the board of trustees of the Virginia Foundation for
Independent Colleges; and the board of directors of Amerigroup Corp. Hovnanian Homes, Goodman Homes, Matzel + Mumford, Diamond Homes,
Westminster Homes, Forecast Homes, Parkside Homes, Brighton Homes, Parkwood
Builders, Great Western Homes, Windward Homes, Cambridge Homes and Town +
Country Homes.

yates dix

In 1975 Capps joined the Miami law firm Steel Hector and Davis as a
partner.4%

--------------------- ----------------------
Total: 1,592 -4.

mullins hobbs

They include:

* Anne Altman, IBM
* Panos Anastassiadis, Cyveillance
* John Becker, Cybertrust
* Bob Dinkel, Computer Associates
* Peter Harrison, Induslogic
* Hooks Johnston, Valhalla Partners
* Jack London, CACI
* TiTi McNeill, TranTech
* Kevin McNerney, Updata Capital
* David Steinberg, InPhonic
* Charlie Thomas, NISCO
* Gerald Rubin, Janelia Farm Research Campus of the Howard Hughes Medical
Institute

In addition to the elected board members , Lee today appointed the
following individuals to serve on the board for a one-year term:

* Peter Black, M+T Bank
* David Nadler, Dickstein Shapiro Morin + Oshinsky
* George Newstrom, WiSPER Technologies
* Terrie Spiro, First Horizon Bank
* Cory Starr, PricewaterhouseCoopers
* Steve Winings, Heidrick + Struggles

The following individuals will serve as 2005 -2006 officers of the board:

* Chairman: John Lee, Lee Technologies
* Vice Chairman: Donna Morea, CGI-AMS
* Vice Chairman: Todd Stottlemyer, Apogen Technologies
* President: Bobbie Kilberg, NVTC
* Secretary: Lisa Martin, LeapFrog Solutions
* Treasurer: John Mendonca , KPMG LLP
* General Counsel: Craig Chason, Pillsbury Winthrop Shaw Pittman LLP
* Public Relations Advisor: Doug Poretz, Qorvis Communications

About NVTC
The Northern Virginia Technology Council (NVTC) is the membership and
trade association for the technology community in Northern Virginia and is the
largest technology council in the nation.newscom.com/cgi-bin/prnh/20000831 /DLOGO )
Capps said he has designated Thomas F. E.8% 73. As the developer of K.

umberger boggs

NVTC Elects New Chairman Officers and Directors to Board

org

He formerly served as a
director of Bassett Furniture Industries Inc. Over
the past few months, unusually wet weather, primarily in Southern California,
has delayed community openings and slowed sales traffic which has adversely
impacted our net contract pace in the West Region.0 5. Hovnanian's Four Seasons communities ,
the Company is also one of the nation's largest builders of active adult
homes.

plowman rosebud

(Logo: http://www., Capps earned his undergraduate and law
degrees from the University of North Carolina . In May
1990 he was elected chief executive officer and on Dec. and NationsBank Corp.2 39.9% $477.

buchanan claypoole

After practicing law in
Winston-Salem, N.C.9 -12.

tracing counts

February % Change February % Change
2005 From 2005 From
Net Contracts February 2004 Net Contracts February 2004
------------- ------------- ------------- ------- ------
($ in millions)

Northeast 238 3.2%
(CA)
Consolidated
Total: 1,547 -3 . The Company is one of the
nation's largest homebuilders with operations in Arizona, California ,
Delaware, Florida, Illinois, Maryland, Michigan, Minnesota, New Jersey, New
York, North Carolina , Ohio, Pennsylvania, South Carolina, Texas, Virginia and
West Virginia.

1780 plowman

Its membership includes companies from
all sectors of the technology industry including information technology,
software/hardware , Internet, ISPs, telecommunications, biotechnology,
bioinformatics, aerospace and nanotechnology , as well as the service providers
that play an important role in supporting these companies. E. He also served as chairman of the executive committee for the 100-
member firm.

Sites in which the primary focus is the etymology of the name and its variants, a one-name study or organization, relevant genealogy or an associated family history.

dix barrett

John Lee to Succeed Sudhakar Shenoy as Chairman

HERNDON, Va. John Lee, CEO of Lee Technologies, was elected chairman of
the board, while Donna Morea of CGI-AMS and Todd Stottlemyer of Apogen
Technologies were named vice chairmen. Hovnanian ,
Chairman, is headquartered in Red Bank, New Jersey.com.

tracing mullins

Capps Announces Plans to Relinquish Dominion CEO Title

"We have that in Tom Farrell, who I'm certain will
take Dominion to new heights.2 %
(NJ, NY, PA, OH)
Southeast 532 8.khov.

rosebud umberger

"
Capps said he plans to remain as chairman for a period of time., Hovnanian Enterprises,
Inc.1% 143.4%

Unconsolidated Joint
Ventures 45 -29.

childers mullins

, The Northern Virginia Technology
Council today announced several changes to its leadership at the Board of
Director's level., Capps joined Carolina Power + Light in 1970 as senior
counsel. After the
company's merger with Consolidated Natural Gas in January 2000, Capps became
vice chairman, president and chief executive officer of the combined company.3%
(FL, MD, NC, SC,
VA, WV)
Southwest 410 -3.

barrett boggs

They have
four daughters and live in Richmond.8% $506. The Company's homes are marketed and sold under the trade
names K.

umberger 1780

In addition,
universities, foreign embassies, non-profit organizations and governmental
agencies are members and take an active participation in meeting NVTC goals
and objectives., Thos.

A copy of Capps' biography follows. RED BANK, N.8% 183.
Additional information on Hovnanian Enterprises, Inc.

mullins beckner

nvtc. In March 1989 he was elected chief operating officer.7% 29.1 -11.khov.

mullins dix

A native of Wilmington, N.C. Stephen's Episcopal Church.9% $76., founded in 1959 by Kevork S.

mullins childress

boggs blankenship

E. The number of active
selling communities company-wide at the end of February decreased to
285 communities from 286 communities at the end of the same month in the prior
year.6 -10.

ancestral searcy

31, 1992, was elected
chairman of the board, president and chief executive officer. Including unconsolidated joint
ventures, the dollar value of net contracts for the trailing three months
ended February 28, 2005 increased 15% over the same period last year.

hobbs tackett

http://www. Capps, chairman
of the board and chief executive officer of Dominion (NYSE: D), today
announced that he plans to relinquish his CEO title within one year.

J. (NYSE: HOV), a leading national homebuilder, announced today preliminary
net contracts for the month of February 2005.7%
(AZ, TX)
West 367 -21., including a summary
investment profile and the Company's 2004 annual report, can be accessed
through the Investor Relations page of the Hovnanian website at
http://www.

claypoole childers

"To be a successful CEO, you must have a successor groomed and waiting in
the wings," Capps said.

Hovnanian Enterprises Announces 4.2% Increase in Dollar Value of Net Contracts for the Month of February 2005

plowman petersburgh

Capps is chairman of the board and chief executive officer of
Dominion.com.