The Board of Directors of The Ryland Group, Inc. (NYSE: RYL), has
declared a quarterly dividend of $0.03 per share, payable on October 30,
2012, to common stockholders of record on October 15, 2012.
Headquartered in Southern California, Ryland is one of the nation’s
largest homebuilders and a leading mortgage-finance company. Since its
founding in 1967, Ryland has built more than 295,000 homes and financed
more than 245,000 mortgages. The Company currently operates in 13 states
across the country and is listed on the New York Stock Exchange under
the symbol “RYL.” For more information, please visit www.ryland.com.