Toll Brothers Enters New York State's Capital District Region

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Toll Brothers, Inc., the nation's leading builder of luxury homes, today announced its further expansion in the Northeast with its entry into Saratoga County, New York. The move expands Toll Brothers' presence in the state, where it currently operates communities in Dutchess, Westchester, and Ulster Counties, and in the New York City boroughs of Brooklyn, Manhattan, and Queens.

The Chelsea is one of 8 home designs offered at the Estates a Half Moon by Toll Brothers.

Horsham, PA -- Toll Brothers, Inc., the nation's leading builder of luxury homes, today announced its further expansion in the Northeast with its entry into Saratoga County, New York. The move expands Toll Brothers' presence in the state, where it currently operates communities in Dutchess, Westchester, and Ulster Counties, and in the New York City boroughs of Brooklyn, Manhattan, and Queens.

"As the center of New York State Government, the Albany market operates to a somewhat different economic drumbeat than other parts of the state and its role as the State Capitol provides somewhat of a buffer from forces that have slowed a number of the other markets" affirms Rob Parahus, Toll Brothers Regional President.

Toll Brothers' first community in Saratoga County, Estates at Halfmoon, is projected to open for sales in September 2008 with deliveries anticipated for spring 2009. The community will offer eight of Toll Brothers' award-winning home designs including two first-floor master bedroom floorplans with exquisite features and quality craftsmanship unique to America's Luxury Home Builder™.

Estates at Halfmoon by Toll Brothers, located in beautiful Saratoga County, is soon to become a spectacular neighborhood of 87 well-appointed luxury homes in Halfmoon Township. This distinctive neighborhood will feature stunning home designs ranging in size from 2,800 square feet to over 3,800 square feet. As a homeowner in Estates at Halfmoon, you will join a community where education is given the highest priority and school aged residents will attend Shenendehowa Central School District's schools. With an abundance of protected woodlands within the community, and with a vast array of shopping, dining, recreation, and cultural venues nearby, homeowners at Estates at Halfmoon will enjoy a quiet country lifestyle with all the conveniences close at hand.

The well-appointed luxury homes will feature soaring 9-foot first-floor ceilings; gourmet kitchens with granite countertops; sunny breakfast areas; dramatic two-story entrance foyers; lavish master suites with sitting dens and oversized walk-in closets; rich hardwood floors in the kitchens, breakfast areas, foyers, powder rooms, and dining rooms; oak main staircases; upgraded trim; and spacious side-entry garages. There are also hundreds of pre-paid customizing options available to help homebuyers create the home of their dreams, including conservatories, solariums, skylights, additional fireplaces, and much more.

For more information, and to be added to our VIP list, please call 518-383-TOLL (8655) or visit EstatesAtHalfmoon.com. Now is the time to take advantage of pre-construction pricing!

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 21 states.

Toll Brothers, a Fortune 500 company, is the only publicly traded national home building company to have won all three of the industry's highest honors: America's Best Builder, the National Housing Quality Award, and National Builder of the Year. For more information, visit TollBrothers.com.

This is not an offering where prohibited by law.

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Kira McCarron

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