Forestar Financial Information to Be Included in D.R. Horton's Earnings Release and Conference Call on January 25, 2019

Forestar Group Inc. ("Forestar") FOR announced that as a majority-owned subsidiary of D.R. Horton, Inc. ("D.R. Horton") DHI, the earnings release for D.R. Horton's first quarter ended December 31, 2018 is expected to include select preliminary Forestar financial information. D.R. Horton is scheduled to release its earnings on Friday, January 25, 2019 before the market opens. D.R. Horton will host a conference call that same morning at 8:30 a.m. Eastern Time (ET), which is expected to include remarks regarding Forestar. The dial-in number is 877-407-8033. Participants are encouraged to call in five minutes before the call begins (8:25 a.m. ET). The call will also be webcast from D.R. Horton's investor relations website at investor.drhorton.com.

At the conclusion of D.R. Horton's conference call on January 25, Forestar expects to post an updated investor presentation for its first fiscal quarter ended December 31, 2018 under the events and presentations section on its investor site at investor.forestar.com.

A replay of the call will be available after 2:00 p.m. ET on Friday, January 25, 2019 at 877-481-4010. When calling, please reference conference ID #41639. The teleconference replay will be available through February 1, 2019. The webcast replay will be available from D.R. Horton's investor relations website at investor.drhorton.com through April 30, 2019.

About Forestar Group Inc.

Forestar Group Inc. is a residential lot development company with operations in 24 markets in 14 states at September 30, 2018 and is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002.

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