Market Overview

Nobility Homes Receives NASDAQ Notice of Non-Compliance

Nobility Homes, Inc. (Nasdaq: NOBH) announced today that on February 10, 2012, the Company received a letter from The NASDAQ Stock Market stating that the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1) because the Company did not timely file its Annual Report on Form 10-K for the period ended November 5, 2011 with the Securities and Exchange Commission (the "SEC"). The notification of non-compliance has no immediate effect on the listing or trading of the Company's common stock on the NASDAQ Global Market.

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