EXHIBIT 99.1
NOTICE OF GUARANTEED DELIVERY
OFFER FOR ALL OUTSTANDING
8% SENIOR NOTES DUE 2008
IN EXCHANGE FOR
8% SERIES A SENIOR NOTES DUE 2008
OF
STANDARD PACIFIC CORP.
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THIS EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY
TIME, ON MAY 27, 1998, UNLESS EXTENDED
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Registered holders of privately placed 8% Senior Notes due 2008 (the "Old
Notes") who wish to tender their Old Notes in exchange for a like principal
amount of 8% Series A Senior Notes due 2008 (the "New Notes") and (i) whose Old
Notes are not immediately available, or (ii) who cannot deliver their Old Notes
and Letter of Transmittal or any other documents required by the Letter of
Transmittal to United States Trust Company of New York, as exchange agent (the
"Exchange Agent"), on or prior to the Expiration Date, or (iii) who cannot
complete the procedures for delivery by book-entry transfer on a timely basis
must use this Notice of Guaranteed Delivery or one substantially equivalent
hereto. This Notice of Guaranteed Delivery may be delivered by hand or sent by
facsimile transmission or mail to the Exchange Agent. See "THE EXCHANGE OFFER--
Guaranteed Delivery Procedures" in the Prospectus.
THE EXCHANGE AGENT FOR THE OFFER IS
UNITED STATES TRUST COMPANY OF NEW YORK
By Hand up to 4:30 PM: By Overnight Courier or by Hand after
4:30 PM on the Expiration Date
United States Trust Company of New York
111 Broadway United States Trust Company of New York
Lower Level 770 Broadway, 13th Floor
Attn: Corporate Trust Services New York, New York 10003
New York, New York 10006 Attn: Corporate Trust Services
By Facsimile:
United States Trust Company of New York
Fax: (212) 780-0592
Confirm by Telephone: (800) 548-6565
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS
SET FORTH ABOVE OR TRANSMISSION OF INSTRUCTIONS VIA A FACSIMILE TRANSMISSION TO
A NUMBER OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
THIS NOTICE OF GUARANTEED DELIVERY IS NOT TO BE USED TO GUARANTEE
SIGNATURES. IF A SIGNATURE ON A LETTER OF TRANSMITTAL IS REQUIRED TO BE
GUARANTEED BY AN ELIGIBLE INSTITUTION UNDER THE INSTRUCTIONS THERETO, SUCH
SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICABLE SPACE PROVIDED ON THE LETTER
OF TRANSMITTAL FOR GUARANTEE OF SIGNATURES.
Ladies and Gentlemen:
The undersigned hereby tenders the principal amount of Old Notes indicated
below, upon the terms and subject to the conditions contained in the
Registration Statement on Form S-4 filed by Standard Pacific Corp., a Delaware
corporation, with the Securities and Exchange Commission (the "Registration
Statement") and the accompanying Prospectus dated April 27, 1998 included
therein (the "Prospectus"), receipt of which is hereby acknowledged.
DESCRIPTION OF SECURITIES TENDERED
Name and Address of Registered Certificate Number(s) Principal Amount of
Holder as it appears on the Old Notes of Old Notes transmitted Old Notes transmitted
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THE FOLLOWING GUARANTEE MUST BE COMPLETED
GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a firm that is a member of a registered national
securities exchange or a member of the National Association of Securities
Dealers, Inc. or a commercial bank or trust company having an office, branch,
agency or correspondent in the United States, which is a member of a recognized
Medallion Signature Program approved by the Securities Transfer Association,
Inc., hereby guarantees to deliver to the Exchange Agent at one of its addresses
set forth above, either the Old Notes tendered hereby in proper form for
transfer, or confirmation of the book-entry transfer of such Old Notes to the
Exchange Agent's account at The Depository Trust Company pursuant to the
procedures for book-entry transfer set forth in the Prospectus, in either case
together with a properly completed and duly executed Letter of Transmittal (or
facsimile thereof), with any required signature guarantees, and any other
documents required by the Letter of Transmittal within three New York Stock
Exchange, Inc. trading days after the date of execution of this Notice of
Guaranteed Delivery.
Name of Firm:
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(Authorized Signature)
Address:
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(Zip Code)
Area Code and Telephone Number:
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Name:
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(Please Type or Print)
Title:
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Date: , 1998
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If Old Notes will be tendered by book-entry transfer, provide the
following information:
DTC Account Number:
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Date:
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NOTE: DO NOT SEND OLD NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. OLD
NOTES SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL.
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