Toll Brothers’ Website To Broadcast Its February 22, 2012 “First Quarter 2012 Earnings” Conference Call Live

Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its FY 2012 first quarter results. The event is scheduled for 2:00 P.M. (EST) on Wednesday, February 22, 2012. It will follow announcement of the Company’s first quarter 2012 results for earnings, revenues, contracts and backlog before the market opens on Wednesday, February 22, 2012. The call will be hosted by Douglas C. Yearley, Jr., chief executive officer.

The call can be accessed through the Investor Relations portion of Toll Brothers’ website, www.tollbrothers.com. To hear the call, enter the Toll Brothers’ website, then click on the Investor Relations page, and select “Conference Calls”. The call can be heard live with an on-line replay. Podcast (iTunes required) and MP3 format replays will be available approximately 48 hours after the conference call via the “Conference Calls” section of the Investor Relations portion of the Toll Brothers’ website.

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 in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia, and Washington.

Toll Brothers builds an array of luxury residential communities, principally on land it develops and improves: single-family detached and attached home communities, master planned resort-style golf communities, and urban low-, mid- and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. The Company acquires and develops commercial properties through Toll Commercial and its affiliate, Toll Brothers Realty Trust, and purchases large distressed real estate portfolios through its wholly owned subsidiary, Gibraltar Capital and Asset Management.

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