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Standard Pacific Corp. Announces Pricing Of Secondary Common Stock Offering By MP CA Homes LLC

About Standard Pacific Corp.

Standard Pacific Homes (NYSE: SPF) has been building homes and neighborhoods since its founding in Southern California in 1965.  We currently offer new homes in major metropolitan areas in Arizona, California, Colorado, Florida, North Carolina, South Carolina, and Texas.

This news release contains forward-looking statements.  These statements include but are not limited to statements regarding the expected closing of the offering.  Forward-looking statements are based on our current expectations or beliefs regarding future events or circumstances, and you should not place undue reliance on these statements.  Such statements involve known and unknown risks, uncertainties, assumptions and other factors many of which are out of the Company's control and difficult to forecast that may cause actual results to differ materially from those that may be described or implied.  The Company cannot be certain that the offering will be completed on the terms discussed above, or at all.  For a discussion of certain other risks, uncertainties and other factors affecting the statements contained in this news release, see the Company's Annual Report on Form 10-K for the year ended December 31, 2012 and its subsequent Quarterly Report on Form 10-Q.  Except as required by law, the Company assumes no, and hereby expressly disclaims any, obligation to update any of the foregoing or any other forward-looking statements.  The Company nonetheless reserves the right to make such updates from time to time by press release, periodic report or other method of public disclosure without the need for specific reference to this news release.  No such update shall be deemed to indicate that other statements not addressed by such update remain correct or create an obligation to provide any other updates. 

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