1 million unique
viewers at home, according to Nielsen NetRatings! The number of unique
viewers shadows the unique viewers of our partners at Philly. According
to the February 2005 Nielsen NetRatings, NBC10. The website
also gives viewers unique access to video and international news from the NBC
Network.

entertainment culture

Orleans Homebuilders Inc. Declares Cash Dividend

tourism real

com.com's year-to-year growth was 77 percent in page
views , 52 percent in visits, and nearly 50 percent in unique viewers compared
with February 2004.

education tourism

7 million viewers and 3.
NBC10. Murrow Award for
'Outstanding Achievement in Electronic Web Journalism ' for its overall
performance and report "The Lost Facenda Films. BENSALEM, Pa.

directories africa

views economy

The Company's Charlotte,
North Carolina operations also include adjacent counties in South Carolina.

media science

In February 2005, NBC10.

estate sports

Orleans Homebuilders, Inc.

economy botswana

NBC10.com Breaks the Website Record for TV Stations Throughout the Region; Website Receives the Prestigious Edward R. Murrow Award

com is the number one
television website in the Philadelphia area.com set records for the
most page views, visitors and visits within the NBC Owned and Operated
Division.com offers more ways for viewers to get the news on cell
phones and at work via email alerts and newsletters., Orleans Homebuilders,
Inc .

science environment

6 million visits, at home and at work, on a
monthly basis.com is attributed to providing viewers with
real-time breaking news, exclusive news coverage, the latest weather reports,
up-to-the-minute traffic information and school closing data. The Company serves a broad
customer base including luxury, move-up, empty nester and active adult and
first-time homebuyers.

tourism estate

com averaged 37 million page
views, 1.

estate science

02 per share on the Company's outstanding common
stock.
Additional information concerning factors the Company believes could cause its
actual results to differ materially from expected results is contained in Item
7 of the Company's Annual Report of Form 10-K for the fiscal year ended
June 30, 2004, filed with the SEC.

science recreation

orleanshomes.

Certain information included herein and in other Company statements,
reports and SEC filings is forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995, including, but not limited to,
statements concerning anticipated earnings per share, operating results,
financial resources, pace of sales , growth and expansion.

regional weather

BALA CYNWYD, Pa.com recently won the prestigious Edward R. develops, builds and markets high-quality
single-family homes, townhouses and condominiums. For example, there can be no assurance that the current sales pace
can continue in the absence of an improvement in the current general economic
environment.

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(Amex: OHB) announced today that its Board of Directors has declared a
quarterly cash dividend of $.
To learn more about Orleans Homebuilders, please visit
http://www.

regional tourism

The phenomenal growth of NBC10. Fans had the opportunity to show their team spirit by
submitting photos and well-wishes."

The Company currently operates in the following ten
distinct markets: Southeastern Pennsylvania; Central and Southern New Jersey;
Charlotte, Raleigh and Greensboro, North Carolina; Richmond and Tidewater,
Virginia; Orlando, Florida; and Chicago , Illinois.

guides directories

com reached an all-time high of 1. NBC10. The cash dividend will be payable April 29, 2005 to shareholders of
record at the close of business on April 4, 2005.

transportation views

During that three-month period , NBC10.

health directories

In December 2004, January and February 2005, NBC10.

health sports

botswana recreation

During football season, the website provided Philadelphia Eagles fans with
the inside perspective from NBC 10 sports director Vai Sikahema and sports
anchor John Clark. Football enthusiasts were able to view
reports on the Eagles, and see NBC 10's animated parody 'Goin' To
Jacksonville' which prompted more than 500 ,000 people to visit the website.com.

entertainment media

These risks and uncertainties include local, regional and
national economic conditions, the effects of governmental regulation, the
competitive environment in which the Company operates, fluctuations in
interest rates, changes in home prices, the availability and cost of land for
future growth, the availability of capital, the availability and cost of labor
and materials, our dependence on certain key employees and weather conditions.

culture africa

, NBC 10 achieved two historical
milestones for its website: a record-breaking number of viewers and a major
award for its excellence in web journalism!
In February, NBC10. Such forward-
looking information involves important risks and uncertainties that could
significantly affect actual results and cause them to differ materially from
expectations expressed herein and in other Company statements, reports and SEC
filings.