FAIRFAX, VIRGINIA -- (Marketwire) -- 07/06/09 -- Brookfield Homes Corporation (NYSE: BHS) -

                2009 Second Quarter Results Conference Call
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                    Date:   Wednesday, July 29, 2009

                    Time:   4:30 p.m. (Eastern Time)

You are invited to participate in Brookfield Homes' Q2/2009 Conference Call on Wednesday, July 29, 2009 at 4:30 p.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.

Brookfield Homes will release its 2009 second quarter results on Wednesday, July 29, 2009 at approximately 1:00 p.m. (Eastern Time), and it will be available on the website at www.brookfieldhomes.com under "Investor Relations - Press Releases." Brookfield Homes' supplemental information package will also be available under "Investor Relations - Financial Reports and Investor Presentations." The Conference Call will also be Webcast live on our website, where it will be archived for future reference.

To participate in the Conference Call, please dial 1-800-319-4610, toll free in North America or 1-604-638-5340, at approximately 10 minutes prior to the start time. For those unable to participate in the Conference Call, a taped rebroadcast will also be available until midnight August 29, 2009. To access this rebroadcast, please call 1-800-319-6413, toll free in North America or 1-604-638-9010 (code 2818).

Brookfield Homes Corporation is a land developer and homebuilder. We entitle and develop land for our own communities and sell lots to third parties. We also design, construct and market single-family and multi-family homes primarily to move-up and luxury homebuyers. Our portfolio includes 24,000 lots owned and controlled in the Northern California; Southland / Los Angeles; San Diego / Riverside; and Washington D.C. Area markets. For more information, visit the Brookfield Homes website at www.brookfieldhomes.com.