Toll Brothers Unveils Plans For Hasentree Clubhouse

Toll Brothers announces plans for construction of new Clubhouse in their Hasentree community in Raleigh, NC. End Quote

Raleigh-Durham-Chapel Hill, NC (1888PressRelease) June 12, 2013 - Toll Brothers, Inc. (NYSE: TOL) (TollBrothers.com), the nation's leading builder of luxury homes and developer of fine communities around the Triangle, is excited to announce plans for construction of a luxurious new Clubhouse in their Hasentree community. Conveniently located in North Raleigh and minutes away from Research Triangle Park, I-540 and Raleigh Durham International Airport, the 805-acre country club community showcases a Tom Fazio-designed golf course which features a 7,074-yard, par-71 layout.

"Toll Brothers is known for their beautiful and elegantly designed homes, but we also take great pride in creating a unique sense of community in each of our neighborhoods," said Dave Richey, President of Toll Golf. "We are extremely excited to offer these abundant Clubhouse amenities to our residents to create the complete Toll Brothers lifestyle."

The new Clubhouse will offer residents and members even more outstanding lifestyle options. Framed by an award-winning 18-hole Tom Fazio designed golf course, the main lobby entrance will feature soaring vaulted ceilings, a stone fireplace and expansive private bar area. The facility will also include spacious men's and women's locker rooms with private shower suites, a large flex room for social gatherings or corporate meetings and a main dining room with easy access to covered outdoor dining, which will be the perfect spot for enjoying breathtaking views of the 10th and 18th holes while enjoying a casual meal with friends. A covered outdoor breezeway will connect the new Clubhouse to the existing two-story Golf Cottage and Pro Shop.

Designed by Small Kane Webster Conley Architects of Raleigh, the Clubhouse will feature an Old-World European design and include sloping stone walls and timber framing to perfectly complement the community's distinctive home designs. Plans have been submitted for permitting, construction will begin later this year and the Clubhouse is set to be completed in 2014.

In addition to the new clubhouse, Hasentree features a 13,000 square foot Family Activity Club, providing residents and members year-round, resort-style amenities which includes a state-of-the-art fitness center, game and media room, rope-style playground and lighted Har-Tru® tennis courts. The Family Activity Club also includes a kids' corner, spa and an Aquatics Complex-complete with a 6-lane, 25 yard competition pool, zero entry kiddie pool and a 90' double-loop water slide.

Hasentree offers three distinct home designs for buyers, priced from the mid $300s to the low $600s, located on large, heavily wooded or golf course sites. The post popular design, the Executive Collection includes 10 foot first-floor ceilings, gourmet kitchens with granite countertops and hardwood floors in the kitchen, breakfast area and dining room. The Golf Villas Collection showcases six, low-maintenance, ranch-style home designs and the Signature Collection highlights Toll Brothers' largest home designs on 1+ acre home sites with extensive options for personalization.

"We continue to receive tremendous interest from buyers," said Dave Kelly, Toll Brothers Division President. "They realize the exceptional value Toll Brothers is providing and Hasentree has quickly established itself as one of the premier new home communities in the region. The addition of this new clubhouse will only add to its charm."

Toll Brothers offers four other spectacular new-home communities throughout the greater Triangle area including Brier Creek Country Club in Raleigh, Green Level Crossing and Oaks at Meadowridge in Cary and The Hills at Southpoint in Durham. Toll Brothers sales centers and decorated model homes are open Tuesday -Saturday 10:00 am to 6:00 pm and Sunday -Monday 1:00pm to 6:00pm. For more information about Toll Brothers and its luxury communities throughout the Triangle, visit TollBrothers.com/NC.

About Toll Golf
Toll Golf is the golf development and operations division of Toll Brothers, Inc., the nation's leading builder of luxury homes. Established in 1998, the Toll Golf & Country Club Division was formed to assist with the concept, development, construction and day-to-day operations of the golf and country club amenities. Like the Toll Brothers award-winning homes and residential communities, Toll Golf & Country Clubs are designed and operated to the highest standards of quality. Toll Golf & Country Clubs offer their residents and members a vast array of unequaled services, events and world-class amenities that foster lasting relationships and enhance a luxurious lifestyle. For more information about the Toll Golf & Country Club Division and their luxury country clubs, visit TollGolf.com.

About Toll Brothers
Toll Brothers, Inc. is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates nationwide.

Toll Brothers is recognized as one of the best-managed home builders in the nation. Trusted since 1967, we have earned the respect of our homeowners and our peers alike. We have won numerous awards - Toll Brothers was named 2012 Builder of the Year by Professional Builder magazine, and is the first builder to have won this honor twice. Toll Brothers has won two other coveted awards in the home building industry as well: America's Best Builder, and the National Housing Quality Award. We were also ranked #1 in 2011 and 2010 in Financial Soundness, Long-Term Investment, and Quality of Products/Services in FORTUNE magazine's annual World's Most Admired Companies survey in the home building industry. For more information about Toll Brothers, visit TollBrothers.com.

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