This document provides an overview of Toll Brothers, a luxury home builder, including its financial performance and operations. It discusses Toll Brothers' presence across the US, with regional revenues and statistics listed for the North, Mid-Atlantic, South, and West. Additional details include Toll Brothers' focus on luxury homes and communities, integrated land and building programs, brand name and reputation, and strong financial performance.

1. The North*
CONNECTICUT
ILLINOIS
MASSACHUSETTS
Revenues (in millions) $1,087.7
MICHIGAN
Contracts (in millions) $1,029.4
MINNESOTA
A Corporate Overview
NEW JERSEY
Home Sites Controlled 12,988
NEW YORK
Year-end Backlog (in millions) $1,073.2
RHODE ISLAND
The Mid-Atlantic*
Revenues (in millions) $1,340.6
DELAWARE
Contracts (in millions) $ 950.4
MARYLAND
PENNSYLVANIA
Home Sites Controlled 18,245
VIRGINIA
Year-end Backlog (in millions) $ 676.7
WEST VIRGINIA
The South*
Revenues (in millions) $ 976.9
FLORIDA
Contracts (in millions) $ 457.3
GEORGIA
NORTH CAROLINA
Home Sites Controlled 10,334
SOUTH CAROLINA
Year-end Backlog (in millions) $ 436.9
TEXAS
The West*
Revenues (in millions) $1,241.8
Contracts (in millions) $ 573.0
ARIZONA
CALIFORNIA
Home Sites Controlled 17,684
COLORADO
Year-end Backlog (in millions) $ 667.6
NEVADA
* 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
extensive customization offerings
Second-home communities
Home buyers average $119,000 in
Urban low-, mid-, and high-rise
upgrades and lot premiums, 20% above
condominiums
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
Brand Name
Operations in over 50 affluent markets in
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)
2007 Fortune 500 company
Investment-grade corporate credit ratings
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
1996 America’s Best Builder,
35 banks
National Association of Home Builders
Raised more than $1.5 billion in the public
1995 National Housing Quality Award,
capital markets over past 7 years
National Association of Home Builders
Highest average net profit margin of
1988 Builder of the Year,
Fortune 500 home building companies
Professional Builder
during past decade
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