Lennar (LEN) 8-K Regulation FD Disclosure

Aggressive Asset Management

Aggressive Asset Management

Joint Ventures Exposure

Joint Ventures Exposure

$        3,076,550

$      882,882

$                2,193,668

1,999,330

770,024

1,229,306

Others

$        1,077,220

112,858

$                    964,362

Lennar

Equity of the unconsolidated entities:

$        5,538,393

$    2,355,332

$                3,183,061

3,693,907

2,355,332

1,338,575

Non-recourse debt

676,912

676,912

Partner several recourse

256,250

256,250

Reimbursement agreements with partners

$           911,324

$                    911,324

Lennar net recourse exposure

Total

Unconsolidated

Entities

LandSource,

Heritage

Fields & Kyle

Acquisition

Unconsolidated

Entities (Excluding

LandSource, Heritage

Fields & Kyle)

Exhibit 99.1

The total debt of the unconsolidated entities as of August 31, 2007 was as follows (dollars in thousands):