Centex Decalres Quarterly Dividend

The Board of Directors of Centex Corporation (NYSE: CTX) has declared a regular quarterly cash dividend of $0.04 per share of the company's common stock.

• Dividends will be payable on Aug. 22, 2007, to shareholders of record at the close of business on Aug. 1, 2007.
• Dallas-based Centex (http://www.centex.com), founded in 1950, is one of the nation's leading home-building companies.
• Centex operates in major U.S. markets in 25 states and delivered more than 35,000 homes in the United States in its most recent fiscal year ended March 31, 2007. I
• ts leading brands include Centex Homes, Fox & Jacobs Homes, CityHomes and Centex Destination Properties.
• In addition to its home-building operations, Centex's related business lines include mortgage, title and insurance services and integrated pest defense systems.
• These businesses provide operational or financial support to home-building operations and are leaders in their respective industries.
• Centex ranks No. 1 in its industry on FORTUNE magazine's list of "America's Most Admired Companies."
  
  CONTACT: Matthew G. Moyer, Vice President, Investor Relations, orEric S. Bruner, Director, Public Relations, +1-214-981-5000, both of CentexCorporationWeb site: http://www.centex.com