M/I Homes launches summer promotion valid through July 31, where homebuyers receive free option package on to-be-built homes, valued at US$37,000

WASHINGTON , June 23, 2011 (press release) – In a statement issued today, M/I Homes (NYSE:MHO - News), one of the nation's largest residential homebuilders, announces its new "Really, Really Big DEAL" summer promotion. The promotion officially launched June 1, 2011 and will be valid through July 31, 2011.

Throughout this period, homebuyers will receive a free Option Package on to-be-built homes, valued at $37,000*. Complimentary upgrades will include birch cabinets, granite countertops, stainless steel appliances, hardwood kitchen floors, and half-price sunroom or 3-level extensions. In addition, five iPad 2s will be given away to people who "like" M/I Homes on Facebook and/or register at an M/I Homes sales office.

"There has never been a better time to buy your new dream home, while receiving unparalleled extras and exclusive upgrades," says Ms. Lisa Cogley, Vice President of Sales and Marketing for M/I Homes. "Consumers will gain all of the warranties and worry-free living that only come with a new home."

Awarded JD Power and Associates' "Highest in Customer Satisfaction and Quality," M/I Homes guarantees homebuyers a superior experience. All M/I homes are 100% ENERGY STAR® certified homes, ultimately saving homebuyers as much as 30% on energy costs. Furthermore, every M/I home includes a 30-year transferable warranty, providing peace of mind and enhanced resale value. Thirty-year fixed-rate mortgages with below-market interest rates can be available through M/I Financial.

About M/I Homes:

M/I Homes is one of the nation's largest residential homebuilders, committed to providing buyers with high quality homes of enduring value and innovative design. Since 1976, the company has built homes in the most desirable locations possible, surpassing the expectations of over 78,000 homebuyers. Every M/I home is 100% Energy Star® Certified, and strictly adheres to the rigorous Energy Star® construction standards that only 20% of new homes in built in America today meet. As a result, an M/I home saves as much as 30% on energy bills when compared to a house built to code. M/I Homes is defined by personal pride, dedication to superior craftsmanship and commitment to homeowner service. For more information, please visit www.mihomes.com.

*See sales associate for complete details. Really, Really, Big Deal promotions cannot be used in addition to or be combined with any other M/I Homes promotion, offers or programs. Free option savings amount will vary per house-type. Hardwood, appliances and granite Level 1 upgrade only. Prices, featured promotion and availability subject to change, terminate or extend at any time and without notice. Offer and savings varies by community and house-type. Free Option Package available on to-be-built homes only. Not valid on prior contracts. Valid on sales contracts written between 6/1/2011-7/31/2011.

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