This document provides an overview of Toll Brothers, a luxury home builder, including its revenues, contracts, home sites, and backlog by region. It details Toll Brothers' focus on luxury homes and communities, integrated land and building program, and strong financial performance. Some key facts are that it has a national presence in over 50 affluent markets, averages $672,000 for delivered home prices, and has investment-grade credit ratings.

1. The North*
CONNECTICUT
ILLINOIS
MASSACHUSETTS
MICHIGAN Revenues (in millions) $1,087.7
MINNESOTA Contracts (in millions) $1,029.4
NEW JERSEY
NEW YORK
RHODE ISLAND
Home Sites Controlled
Year-end Backlog (in millions)
12,988
$1,073.2
A Corporate Overview
The Mid-Atlantic*
DELAWARE Revenues (in millions) $1,340.6
MARYLAND Contracts (in millions) $ 950.4
PENNSYLVANIA
VIRGINIA
Home Sites Controlled 18,245
WEST VIRGINIA Year-end Backlog (in millions) $ 676.7
The South*
FLORIDA Revenues (in millions) $ 976.9
GEORGIA Contracts (in millions) $ 457.3
NORTH CAROLINA
SOUTH CAROLINA
Home Sites Controlled 10,334
TEXAS Year-end Backlog (in millions) $ 436.9
The West*
Revenues (in millions) $1,241.8
ARIZONA Contracts (in millions) $ 573.0
CALIFORNIA
COLORADO Home Sites Controlled 17,684
NEVADA Year-end Backlog (in millions) $ 667.6
* All statistics are as of FYE October 31, 2007.

2. Focus on Luxury Homes Integrated Land
& Communities & Building Program
National presence in the luxury market Own or control 59,300 home sites
Average delivered home price of $672,000 Delivered over 35,000 homes in past 5 years
Executive and estate move-up homes Selling from 315 communities
Upscale empty-nester attached and Land acquisition, approvals, and
detached homes development skills
Active-adult, age-qualified communities Combine high-volume home production with
Second-home communities extensive customization offerings
Urban low-, mid-, and high-rise Home buyers average $119,000 in
condominiums upgrades and lot premiums, 20% above
base house price
Suburban high-density communities
Pre-design and pre-budget options through
Luxury resort-style golf, country club, Toll Architecture and Toll Integrated Systems
lake, and marina communities
Ancillary businesses: mortgage, title, golf
Championship golf courses designed by course development and management,
Pete Dye, Arthur Hills, Peter Jacobsen, landscape, and land sales
Nicklaus Design, Greg Norman, and
Arnold Palmer
Operations in over 50 affluent markets in Brand Name
22 states Founded in 1967
Publicly traded since 1986 on the
Strong Financial New York Stock Exchange (TOL)
6th largest U.S. home builder
Performance (by 2006 home building revenues)
Investment-grade corporate credit ratings 2007 Fortune 500 company
from Standard & Poor’s (BBB-), Moody’s 2007 Forbes Global 2000 company
(Baa3), and Fitch (BBB)
2004 Apex Award Winner, Big Builder
Backed by $1.89 billion credit facility with
35 banks 1996 America’s Best Builder,
National Association of Home Builders
Raised more than $1.5 billion in the public
capital markets over past 7 years 1995 National Housing Quality Award,
National Association of Home Builders
Highest average net profit margin of
Fortune 500 home building companies 1988 Builder of the Year,
during past decade Professional Builder
Lowest net debt-to-capital ratio* in
Company’s history of 26.8%
Mountain View Country Club La Quinta, California
All information as of October 31, 2007.
* Calculated as total debt minus mortgage warehouse loans minus cash divided by total debt minus mortgage warehouse loans minus cash plus
stockholders’ equity.
Toll Brothers 2007 Annual Report 3