Del Webb Corporation - WBB- Profile

Del Webb Corporation. The principal activity of the Group is the development of active adult, family and country club communities. The Company has built and marketed approximately 70,000 homes at 13 Sun City communities over the past 40 years. The active adult communities are large scale, master planned communities with extensive amenities for people whose age is 55 years and above. The family and country club communities are open for people of all ages and are generally developed in metropolitan or market areas in which the Company is developing active adult communities. The communities feature extensive amenities including golf courses, activity rooms, athletic facilities, swimming pools and tennis courts. Active adult communities accounted for 68% of fiscal 2000 revenues; family and country club communities, 32% and other, nominal.