Market Overview

Toll Brothers, America's Luxury Home Builder®, Selects Portland Area as Its Newest Market

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Toll Brothers develops communities in Happy Valley, Bethany in first
Oregon foray

Toll
Brothers
, America's Luxury Home Builder®, is bringing its
sophisticated and stylish homes to the Portland metro area in spring
2019. With expertise in combining superior architecture and personalized
design with high-quality construction and desirable locations, Toll
Brothers has broken ground on communities in Happy Valley, on Portland's
east side, and in Bethany, to the northwest of the city. The first model
homes at both communities are anticipated to open in spring 2019.

"We are proud to enter the Portland area which adds another major market
to the West Coast footprint for Toll Brothers," said Kevin Duermit, Toll
Brothers Regional President. "The Portland metropolitan area is home to
so many wonderful, family-friendly communities, and we look forward to
bringing our signature luxury approach to an already highly desirable
place to live. We believe that with its enviable quality of life and
major employers like Nike and Intel, Portland will continue to be an
exciting and growing market."

The strong housing demand in Portland has made the region an attractive
new market for Toll Brothers, and the level of personalization that the
builder offers is expected to resonate with homebuyers. "The
architecture of the Portland-area communities will feature Northwest
contemporary and craftsman styles, and our Design Studio is ready to
assist each buyer in customizing their homes to reflect their personal
style and preferences," said JJ Portlock, Division Vice President in
Portland for Toll Brothers. "It is our collaborative design process that
makes each house a home and ensures unique character throughout."

On the east side, Toll Brothers is building Scouters Mountain, a 58-home
community in Happy Valley. Nestled in the foothills of Scouters
Mountain, the two- or three-story homes will range from 2,900 to 3,800
square feet and feature three to six bedrooms. The community will be
served by the North Clackamas School District.

On the west side, an 81-home community of Thompson Woods will likewise
feature two- and three-story homes, and sizes will range from 2,600 to
4,200 square feet. Located in the Bonny Slope area of Bethany, the
community will be served by the Beaverton School District.

In both communities, homes will be priced from the upper $600,000s, with
final sales prices determined by the finishes and features selected
throughout the design process. Luxury homes will be available for
presale, and Toll Brothers will also offer quick delivery options as
well as financing through its subsidiary, TBI Mortgage Company.

To learn more about Toll Brothers in Portland, visit www.tollbrothers.com/OR
or contact our online sales consultant at 844-845-5263.

About Toll Brothers

Toll Brothers, an award-winning Fortune 500 company founded in 1967, is
the nation's leading builder of luxury homes. Embracing an unwavering
commitment to quality and customer service, Toll Brothers currently
operates in 20 states nationwide, and is a publicly owned company with
its common stock listed on the New York Stock Exchange (NYSE:TOL). For
four years in a row, Toll Brothers has been ranked the #1 Home Builder
Worldwide on the Fortune Magazine "World's Most Admired
Companies®" list. Toll Brothers also has been honored as national
Builder of the Year by BUILDER magazine, and was twice named
national Builder of the Year by Professional Builder magazine.

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