Homex Announces Update on Concurso Voting Timeline

CULIACÁN, Mexico--()--Desarrolladora Homex, S.A.B. de C.V. (“Homex” or the “Company”) announced that the Company has commenced the solicitation process, to vote for the Concurso Mercantil plan as presented by the conciliador (the “Reorgnanization Plan”), for the 7.50% Senior Notes due 2015, 9.50% Senior Notes due 2019 and 9.75% Senior Notes due 2020 (the “Notes”), in compliance with applicable U.S. law, which will currently expire on JUNE 12, 2015. At this stage the Company intends to submit the executed Concurso Mercantil plan to the Mexican bankruptcy court on or about June 15, 2015. Holders of the Notes are urged to take steps to vote in favor of (or sign) the Reorganization Plan well before June 12, 2015, so that votes (and signatures) may be processed and counted in a timely and effective fashion.

All inquiries relating to this press release, the solicitation process and the exchange of the Notes should be directed to Epiq Systems at +1(646) 282-2500 or toll-free in the U.S. at (866) 734-9393, or by e-mail at tabulation@epiqsystems.com (please include “Homex” in the subject line).

About Homex

Desarrolladora Homex, S.A.B. de C.V. is a vertically integrated home-development company focused on affordable entry-level and middle-income housing in Mexico.

Desarrolladora Homex, S.A.B. de C.V. quarterly reports and all other written materials may from time to time contain statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. Forward-looking statements involve inherent risks and uncertainties. We caution investors that a number of important factors can cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include economic and political conditions and government policies in Mexico or elsewhere, including changes in housing and mortgage policies, inflation rates, exchange rates, regulatory developments, customer demand and competition. For those statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Discussion of factors that may affect future results is contained in our filings with the Securities and Exchange Commission.

Contacts

Investor Relations:
Desarrolladora Homex, S.A.B. de C.V.
Vania Fueyo Zarain, Corporate Finance & Investor Relations
(667) 7585838 | Red 320 | Ext. 5282
vfueyo@homex.com.mx

Contacts

Investor Relations:
Desarrolladora Homex, S.A.B. de C.V.
Vania Fueyo Zarain, Corporate Finance & Investor Relations
(667) 7585838 | Red 320 | Ext. 5282
vfueyo@homex.com.mx