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Amendment to the NVR, Inc. Code of Ethics

In connection with the transfer of the listing of the NVR, Inc. common stock to the New
York Stock Exchange, the NVR, Inc. Code of Ethics was amended by the Board of
Directors of NVR, Inc. as of January 2, 2008 to include the following four topics that
were not previously included in the Code of Ethics: (1) confidential, proprietary and
inside information, (2) corporate opportunities, (3) competition and fair dealing, and (4)
personal use or acquisition of company property and supplies. Previously, these topics
were included in the NVR, Inc. Standards of Business Conduct, which are in addition to
the Code of Ethics.

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nvr amendcode08

  • 1. Amendment to the NVR, Inc. Code of Ethics In connection with the transfer of the listing of the NVR, Inc. common stock to the New York Stock Exchange, the NVR, Inc. Code of Ethics was amended by the Board of Directors of NVR, Inc. as of January 2, 2008 to include the following four topics that were not previously included in the Code of Ethics: (1) confidential, proprietary and inside information, (2) corporate opportunities, (3) competition and fair dealing, and (4) personal use or acquisition of company property and supplies. Previously, these topics were included in the NVR, Inc. Standards of Business Conduct, which are in addition to the Code of Ethics.