EXHIBIT 99.2

[PULTE HOMES(TM) LOGO]


FOR IMMEDIATE RELEASE                               Contact: James Zeumer
                                                    Pulte Homes, Inc.
                                                    Vice President
                                                    (248) 433-4597
                                                    email: jim.zeumer@pulte.com



               PULTE HOMES ANNOUNCES SENIOR MANAGEMENT PROMOTIONS

   BOARD PROMOTES ROGER A. CREGG AND LEO J. TAYLOR TO EXECUTIVE VICE PRESIDENT

         BLOOMFIELD HILLS, MI, MAY 13, 2003 -- The Board of Directors of Pulte
Homes (NYSE: PHM), the nation's largest homebuilder, announced today that Roger
A. Cregg, the Company's Chief Financial Officer, has been promoted from Senior
to Executive Vice President. The Board also promoted Leo J. Taylor to Executive
Vice President, Human Resources, having previously been Senior Vice President,
Human Resources. The promotions were part of several management changes intended
to position the Company for continued growth and success in the future.

         In a separate release, the Company also announced that Mark J. O'Brien
will be leaving the Company effective June 30, 2003, after a distinguished
21-year career with Pulte Homes. The Board of Directors has announced that
Richard J. Dugas, Jr. will be named President and Chief Executive Officer
effective July 1, 2003. Mr. Dugas had previously been Executive Vice President
and Chief Operating Officer. William J. Pulte, Founder of the Company, will
continue in his role as Chairman of the Board.

         "Roger and Leo have demonstrated their strong leadership skills and
both played critical roles in the merger and subsequent integration of Del
Webb," said William J. Pulte. "Their promotions are recognition of the
contributions they have made to the success of Pulte Homes and the critical role
they will play leading the Company in the future."

         Mr. Cregg joined Pulte Homes in January 1998, as Senior Vice President
and Chief Financial Officer. In his current position, he is responsible for the
Company's accounting, treasury, tax, legal, information systems and related
activities associated with Pulte Homes' day-to-day operations and long-term
strategic objectives. Prior to joining Pulte Homes, Mr. Cregg was Executive Vice
President and CFO of Zenith Electronics Corporation, where he was responsible
for all financial activities, including treasury, corporate controller's office
and strategic planning. He was also the Chief Financial Officer of Sweetheart
Cup Company and has held various financial positions with Continental Can
Company.





         Mr. Cregg earned an MBA from the J.L. Kellogg Graduate School of
Management at Northwestern University and holds a Bachelor of Science degree in
Accounting from Northeastern University.

         Mr. Taylor joined Pulte Homes in 1994 as Vice President of Human
Resources for the Pulte Homes Central Group. He was promoted to the position of
Vice President of Human Resources and Sales Development in 1997, in which
position he was responsible for human resources, employee relations, benefits
and compensation, training and development and staffing associated with Pulte
Homes' day-to-day operations and long-term strategic objectives. Prior to
joining the Company, Mr. Taylor was Vice President of Employee Relations for
Aetna Life and Casualty, where he was responsible for all Employee Relations,
including employee development, training and strategic planning. He was also the
Group Manager of Corporate Human Resources for Frito Lay, and has held various
other roles within Frito Lay.

         Mr. Taylor earned his Master of Science in Industrial and Labor
Relations and his B.A. in Political Science degrees from West Virginia
University.

About Pulte Homes

         Pulte Homes, Inc., (www.pulte.com) based in Bloomfield Hills, Michigan,
has operations in 44 markets across the United States. Under its Del Webb
(www.delwebb.com) brand, the Company is also the nation's leading builder of
active adult communities for people age 55 and older. Over its history, the
Company has constructed more than 300,000 homes and has been named Builder of
the Year for 2002 by Professional Builder magazine. Pulte Mortgage LLC is a
nationwide lender committed to meeting the financing needs of Pulte Homes'
customers by offering a wide variety of loan products and superior customer
service.

/Web site: http://www.pulte.com

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