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Ryland Announces First Quarter Earnings Release and Conference Call

CALABASAS, Calif., April 18, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Ryland Group, Inc. (NYSE: RYL), will release first quarter earnings on Thursday, April 20, 2006, before the market opens.

The conference call will also be held on Thursday, April 20, at 9 a.m. PDT (noon EDT). The dial-in number is 800-310-1961. Participants may call in beginning at 8:45 a.m. PDT.

The call will be recorded and replayed beginning at noon PDT on April 20 through midnight on May 4. The dial-in number for the replay is 888-203-1112 (reference conference code 8742695). In addition, the call will be broadcast and accessible from Ryland's Web site at www.ryland.com in the "Investor Information" section of the site until mid-July.

With headquarters in Southern California, Ryland is one of the nation's largest homebuilders and a leading mortgage-finance company. The company currently operates in 28 markets across the country and has built more than 250,000 homes and financed more than 210,000 mortgages since its founding in 1967. Ryland is a Fortune 500 company listed on the New York Stock Exchange under the symbol "RYL." Previous news releases may be obtained at www.ryland.com.

SOURCE The Ryland Group, Inc.

Investor Relations, Drew Mackintosh, Director, Investor Relations, +1-818-223-7548,
or Media Relations, Marya Jones, Director, Communications, +1-818-223-7591, both of
The Ryland Group, Inc.
http://www.prnewswire.com

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