"Good camps fulfill a parent's number one concern -- safety -- while
supplying experiences and lessons in character and friendship that parents
can 't provide on their own," Forster said.
Some camps are highly structured to accomplish a lot in a short amount
of time.

* Most importantly, don't forget to include your child in the process. Some camps even
offer family weekends where your whole family can sleep in a cabin or
tent and experience camp together. Price 184,000 167,603 9.0 45 . The Company's homes are marketed and sold under the trade names K.1%, when compared with April 2004 .4%
Avg. As the developer of K.

harford intensity

"The fastest growing segment of camping programs today is day camp for
teens," said Gary Forster, YMCA of the USA specialty consultant for camping ."
Children are our greatest treasures and greatest responsibility.

* Remember, camp does not have to be expensive. YMCAs
also employ nearly 12,000 teenagers each summer as lifeguards and camp
counselors.8%) 720,676 611,901 17.6%
Avg.5%
Unconsolidated Joint Ventures
Homes 66 92 (28.0% 601,129 542,738 10. The Company is one of the
nation's largest homebuilders with operations in Arizona, California,
Delaware, Florida , Maryland, New Jersey, New York, Michigan, Minnesota, North
Carolina, Ohio, Pennsylvania, South Carolina , Texas, Virginia and West
Virginia. Net contracts declined in the
Northeast, for the month and the quarter, due to a 20% decrease in the number
of active selling communities in the Northeast and a decline in net contracts
in the Company's operations in Ohio.0%
West Region
Homes 1,216 1,428 (14.9%
(FL, MD, NC, SC, VA, WV)
Southwest 384 11.6% 191.

hen aged

net

2% 410,907 342,250 20.0% 2,715,487 1,807,123 50.8% 72.4%

Unconsolidated Joint
Ventures 16 -15 .9% 3,011,006 2,275,978 32. Price 348,031 301,421 15.1 22.8% 161.

nike aged

However ,
unlike fads, which come and go, traditional summer camp is still, by far, the
most popular type of camp. In fact, the latest wave in camping is defined not
by the type of camp, but by the type of camper.

* On average, many eight-year olds are ready for resident or "sleepover"
camp, and age-appropriate day camps are available for preschool aged
children.ymca.4 %
SouthEast Region
Homes 849 867 (2. Price 335,550 278,048 20.6%
SouthWest Region
Homes 897 723 24.7 13.8% 11. Price 345,691 334,197 3.1%
SouthWest Region
Homes 1,222 1 ,150 6.6%
Avg.9 88.

Camps offering instruction in the sport of lacrosse.

athlete camps

YMCAs serve 20.3% on a year-over-year basis, and
the number of homes in contract backlog increased 19. The number of active
selling communities company-wide on January 31, 2005 increased to 292
communities from 288 communities at the end of January 2004.6% 344,656 279,407 23.8% 178,377 155,260 14.

Hovnanian Enterprises Announces 25% Increase in the Dollar Value of Net Contracts For the Second Quarter 61% Increase in the Dollar Value of Contract Backlog

9%
Dollars 235,487 202 ,748 16.khov.com.

intensity lacrosse

* Once you have narrowed your decision, get some references from other
families whose children have attended the camps you are considering.
If possible , plan a visit with your child before making a final
decision.1%) 2,346 2,303 1 .9%
Dollars 165,048 121,177 36.7% 134.

lawrenceville lacrosse

There are camps
available in every price range. Another 600,000 enroll in YMCA day camps annually.1%
Dollars 41,347 50,991 (18.6%, while the number of contracts
increased 20.7 -10.7%
(CA)
Consolidated Total: 1,584 6. To be added to Hovnanian's investor e-mail or fax lists ,
please send an e-mail to http://www.

limit lawrenceville

1% 1,106 988 11.4 11. Hovnanian,
Chairman , is headquartered in Red Bank, New Jersey.
Hovnanian(R)Homes, Goodman Homes, Matzel + Mumford, Diamond Homes, Westminster
Homes, Forecast Homes, Parkside Homes, Brighton Homes, Parkwood Builders,
Great Western Homes and Windward Homes., Hovnanian Enterprises,
Inc.0%
SouthEast Region (2)
Homes 1,518 1,276 19.1% 272,554 204,621 33.3% 76.1% $697.
(2) The number and the dollar amount of net contracts in the Southeast in
the second quarter of fiscal 2005 include the effect of the Cambridge Homes
acquisition, which closed in March 2005.

harford mickey

Visit
http://www. The Company also
experienced a decline in net contracts in the Northeast for the month and the
quarter, due entirely to a decline in net contracts in the Company's on-your-
lot operations in Ohio.3% 387. As the developer of K.com.
For the month of April 2005, the dollar value of net contracts, including
unconsolidated joint ventures, rose 50. The number of active selling
communities company-wide on April 30, 2005 was 307 compared with 291 at the
end of the same period last year, including 19 communities from the Company's
acquisition of Cambridge Homes in Orlando .3%
Avg. Price 502,252 614,454 (18.0%
Avg. Hovnanian's Four Seasons communities ,
the Company is also one of the nation's largest builders of active adult
homes., 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.

intensity stx

* Decide if you are looking to give your child a vacation from school or
if you hope for some real growth in character and self-confidence. Ask how the camp works with children
requiring special diets, medications or accommodations.0%, and the
number of net contracts increased 0.1%, when compared to the
first quarter of fiscal 2004. Price 319,446 283,950 12.3%
(AZ, TX)
West 343 -14.0%

Total 1,248 0.khov.

The sales value of contract backlog at April 30, 2005, including
unconsolidated joint ventures, increased 61 .7% when compared to the
end of the second quarter of fiscal 2004. Price 327,052 292,370 11.2 %
Dollars 320,436 84,795 277.6 504. 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.

camps athlete

According to the American Camp Association, more than 11 million children and
adults attend camp each year. "Good camps also provide a
positive and inclusive atmosphere in which to grow that satisfies a child's
need to belong through secret handshakes, cheers, rituals or competition.3%, when compared with January 2004.2% 792,979 650,934 21.8%
Avg.3% 7,404 6,436 15.0%
Dollars 993,659 864,748 14.3%
Avg.5% 348 ,006 275,728 26.6% 353,636 289,608 22.2%
Avg.0%
Dollars 506,363 533,685 (5.5%
Dollars 1,533,872 1,395,482 9. 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.

jesse lacrosse

1 million people, including 9.

Net Contracts

Three Months Ended Contract Backlog
31-Jan-05 31-Jan-05
2005 2004 % Change 2005 2004 % Change
NorthEast Region
Homes 522 631 (17.9%
Dollars 284 ,882 241,067 18.4% 334,365 270,833 23.2%

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

Northeast Region 150 -12.1 3.

HOVNANIAN ENTERPRISES, INC .4% 348,590 300,623 16.4% 416,047 373,996 11.9% 340,766 289,712 17.7 50.

intensity camp

From basketball and horseback riding to the performing arts and
cheerleading, there are many different types of camp to choose from. As such,
determining when your child is ready to go to camp and finding the best match
can be a difficult decision for parents. YMCAs believe that a successful
summer camp experience begins with three critical components: a beautiful
outdoor setting in which to share new experiences, membership in a club and a
partnership between parents."
As the nation's oldest and largest community-based organization and among
the country's most trusted providers of camping programs, YMCAs offer the
following helpful tips to help parents choose the best camping experience for
their child:

* A good place to start when looking for a camp is with the American Camp
Association (ACA) or with your local YMCA. But remember, each child is ready to leave the nest at his
or her own pace.

* Ideally, sleep-away-camp should not be a child's first night away from
home. The Company
experienced a decline in the number of net contracts in the West for the month
and the quarter. Price 363,228 322,478 12.7% 338,013 282,646 19. Price 390,865 327,873 19.

intensity nike

(NYSE: HOV), a leading national homebuilder , announced today preliminary
net contracts and sales backlog for the first quarter and month ended January
31, 2005.
The Company delivered 3,266 homes, excluding unconsolidated joint
ventures , an increase of 12.3%) 2,091 2,190 (4.9%
West Region
Homes 906 912 (0.0%
Avg. Price 313,062 276,013 13.8%
Avg.7%) 8,836 7,856 12.7%
Dollars 1,854,308 1,480,277 25.9% $536.khov.

millon mickey

YMCA of the USA Offers Helpful Tips as Summer Camp Registration Swings Into
Full Gear

CHICAGO, Spring is almost here and, believe it or
not, registration is already in full swing at summer camps across the country. Others offer more free time to allow kids to set their own
schedule. The YMCAs
serve nearly 400,000 youngsters and families each year through their resident
camping programs.5%
Avg.6% 376.
(DOLLARS IN THOUSANDS EXCEPT AVG .3% 190,864 163,174 17.8%
(NJ, NY, PA, OH, MI, MN, DE)
Southeast(2) 501 51.8%
(AZ, TX)
West 448 -2.

camp mickey

The ACA accredits camps
across the country to ensure they meet the highest standards. For the first quarter of fiscal 2005, the dollar value of net
contracts, including unconsolidated joint ventures, increased 13.5% 7,803 6,554 19.8% $56.
The Company delivered 3,748 homes, excluding unconsolidated joint
ventures, compared with 3,353 homes delivered during last year's second
quarter . Price 192,706 176,303 9.

Hovnanian Enterprises, Inc.

felton goalie

"Many attribute this trend to parents' growing concern for the safety of their
young adults and an increased desire to enroll adolescents in structured,
supervised activities. YMCA
camps are accredited by the ACA . Most camps are very willing to give tours of their
facilities and program not just in the springtime before camp starts,
but also during the summer when camp is in session.

YMCA of the USA is national resource office for America's 2,594 YMCAs,
collectively the nation 's largest community service organization and charity
of choice. RED BANK, N.2% 197,285 153 ,397 28.3%) 399 118 238.8%
Total
Homes 3,240 3,225 0 .1%
Dollars 1,035,006 915,739 13.3%, and the
number of net contracts increased 8 .5% 10,986 8,093 35.5% $87.9%

Total: 1,826 20.com .

lawrenceville millon

Find out how the camp encourages positive behavior and teamwork and how
problem behavior is handled.7 million children,
through a broad range of programs.5%)
Dollars 189,605 203,484 (6.khov.com. RED BANK, N.2%)
Avg.0% 3,236 2,592 24 . Price 354,602 275,801 28.9% 879,482 140,353 526.9%)
Total
Homes 5 ,328 4,911 8.3% 3,890,488 2,416,331 61.

oneonta oversees

YMCA camps even offer scholarship
assistance .

~~~
YMCAs today are collectively one of the nation 's largest providers of
camping programs with 265 resident camps and nearly 2,000 day camps across the
country including 120 specialty camps for kids with disabilities. YMCAs are for people of all faiths, races,
ages, incomes and abilities. Financial assistance is available., Hovnanian Enterprises ,
Inc.5%, when compared to the same period a
year ago.8%
Avg.7%
(FL, MD, NC, SC , VA, WV)
Southwest 400 33.5%, when compared with the second quarter
last year.8%) 2,072 1,570 32. Price 416,417 373,729 11. The number and the dollar amount of
net contracts in Unconsolidated Joint Ventures in the second quarter of fiscal
2005 include the effect of the Town + Country Homes acquisition, which closed
in March 2005. Hovnanian,
Chairman , is headquartered in Red Bank, New Jersey.

aged jesse

4%) 732,039 733,520 (0.8%
Dollars 538,285 351,922 53.6%
Unconsolidated
Joint Ventures (2)
Homes 638 138 362.3%) 409,061 592,208 (30.1 23.6%

NOTE:
(1) Net contracts are defined as new contracts signed during the period
for the purchase of homes, less cancellations of prior contracts.

limit mickey

YMCA Gets Parents Ready for Summer Camp

A sleepover at a friend or relative's house for a single night
is an important first step to a longer stay away at camp.J. This decline was primarily due to the severe wet weather in
California in January, which impacted traffic and sales.7%) 1,861 955 94.9%
Dollars 354,124 299,020 18.4% 764,697 326,848 134.7% 113.5%
(CA)
Consolidated Total 1,232 0.4 11. Deliveries from the Company's unconsolidated joint ventures were 351
in the second quarter of 2005 compared with 19 in the second quarter of 2004.1%) 2,100 2,440 (13.9%)
Dollars 253,737 307,127 (17.3% 2,150 237 807.6%

April % Change April % Change
2005 From 2005 From
Net Contracts(1) April 2004 Net Contracts(1) April 2004
($ in millions)

Northeast 251 -27.4% 180.

lacrosse lawrenceville

Pioneered in America by the YMCAs nearly a century and a half ago , resident
camps trace their origin to a YMCA camp at Westport, NY, established in 1885.6%, during the 2005 first quarter, compared with
2,901 homes delivered in last year's first quarter.0%
Avg.1%
Consolidated Total
Homes 3,174 3,133 1.0 10.3%

Hovnanian Enterprises, Inc. Hovnanian's
Four Seasons communities, the Company is also one of the nation's largest
builders of active adult homes., including a summary
investment profile and the Company's 2003 annual report, can be accessed
through the Investor Relations page of the Hovnanian website at
http://www.0% 1,144,365 750,663 52.2%
Consolidated Total
Homes 4,690 4,773 (1.

athlete oversees

And today, camp is still one of the best proving grounds for kids, offering a
safe, fun environment in which to discover one's self, develop independence,
build confidence, make new friends and create a lifetime of memories.3%, while the number of
contracts increased 0.9%) 239,851 64,043 274.6 0.J.3% 1,428 1,254 13.1%) 862,048 587 ,174 46.5% 354,131 298,571 18., founded in 1959 by Kevork S. The Company's homes are marketed and sold under the trade
names K.

aged goaltending

* After reviewing a camp's brochure or website, give the camp a call and
quiz its staff on the information and promises made in its materials.

9% 2,475,636 1,743,080 42. Price 626,476 554,250 13.1%
(NJ, NY, PA, OH, MI, MN)
Southeast Region 339 -3. (NYSE: HOV), a leading national homebuilder, announced today preliminary
net contracts and sales backlog for the second quarter and month ended April
30, 2005 . For the second quarter of fiscal 2005, the dollar value of net
contracts, including unconsolidated joint ventures, increased 25.0% on a year-over-year basis, and
the number of homes in contract backlog increased 35.4 5.8%

Unconsolidated Joint
Ventures(2) 242 536.
Additional information on Hovnanian Enterprises, Inc.

lawrenceville nike

And in involving these older children, many Ys are
expanding their Counselor-In-Training and Leader-In-Training programs to
incorporate activities such as volunteer work to correspond with high school
graduation requirements.

Hovnanian Enterprises Announces 13% Increase in Dollar Value of Net Contracts and 50% Increase in the Dollar Value of Contract Backlog for the First Quarter

The sales value of contract backlog at January 31, 2005 , including
unconsolidated joint ventures, increased 50.
For the month of January 2005, the dollar value of net contracts,
including unconsolidated joint ventures, increased 11. founded in 1959 by Kevork S.
Additional information on Hovnanian Enterprises, Inc. To be added to Hovnanian 's investor e-mail or fax lists,
please send an e-mail to http://www. PRICE)
(UNAUDITED)

Net Contracts (1)
Three Months Ended Contract Backlog
30-Apr-05 30-Apr-05
2005 2004 % Change 2005 2004 % Change
NorthEast Region
Homes 734 919 (20.