FOR IMMEDIATE RELEASE
For more information, contact:
Kevin Waetke, Director of Corporate Communications                (515) 281-2785


     MIDAMERICAN SUBSIDIARY COMPLETES TENDER OFFER FOR HOMESERVICES.COM INC.
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         Des Moines, Iowa - September 25, 2001 - HMSV Acquisition Corp., a
wholly owned subsidiary of MidAmerican Energy Holdings Company ("MidAmerican"),
announced today that it had successfully completed its tender offer for all
outstanding shares of the common stock of HomeServices.Com Inc. (Nasdaq: HMSV,
"HomeServices") at a purchase price of $17.00 per share, net to the seller in
cash. As of the expiration of the tender offer at 12 midnight, New York City
time, on Monday September 24, 2001, the HomeServices shares validly tendered and
accepted for purchase, together with shares previously owned by HMSV Acquisition
Corp., constituted more than 90% of the total outstanding shares of
HomeServices. In addition, as of the expiration of the tender offer, the
HomeServices shares validly tendered and accepted for purchase constituted a
majority of the total outstanding shares of HomeServices not owned by
MidAmerican Energy Holdings Company, its affiliates and the directors and
executive officers of HomeServices immediately prior to the expiration of the
tender offer, thereby satisfying the "majority of the minority" condition to the
tender offer.

         Within the next few days, MidAmerican, as the owner of more than 90% of
the outstanding shares of common stock of HomeServices, will cause HMSV
Acquisition Corp. to be merged with and into HomeServices pursuant to the
"short-form" merger provisions of applicable Delaware law. Following the merger,
MidAmerican will own 100% of the outstanding HomeServices common stock, although
options entitling employees to purchase HomeServices common stock following
consummation of the merger will remain outstanding.

         HomeServices, based in Minneapolis, is the second-largest, full-service
independent residential real estate brokerage firm in the U.S. based on closed
transaction sides. HomeServices offers integrated real estate services including
mortgage origination, title and closing services, and other related services.
HomeServices operates primarily under the Edina Realty, Iowa Realty, CBSHOME
Real Estate, J.D. Reece, J.C. Nichols Residential, Long Realty, Paul Semonin
Realtors, Carol Jones Realty, First Realty/GMAC, and Champion Realty brand names
in 12 states: Minnesota, Iowa, Nebraska, Kansas, Missouri, Arizona, Kentucky,
Wisconsin, Indiana, North Dakota, South Dakota and Maryland. HomeServices ranks
first in market share in each of its major markets, operates more than 184
branch offices, has approximately 8,100 sales associates and has an average
operating history of nearly 50 years in its major markets. Information about
HomeServices and its principal subsidiary companies is available on the Internet
at www.homeservices.com.

         MidAmerican, headquartered in Des Moines, Iowa, is a privately owned
global energy provider. MidAmerican has approximately 9,600 employees and
provides electric and natural gas service to approximately three million
customers. MidAmerican has approximately 10,000 net megawatts of diversified
power generation under ownership, contract and in operation, construction and
advanced development. Information on MidAmerican is available on the Internet at
www.midamerican.com.


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