The Board of Directors of Levitt Corporation has declared a cash dividend of $0.02 per share on its Class A and Class B Common Stock. The board has set the payment date for February 16, 2007, to all shareholders of record as of 5:00 p.m. on February 9, 2007.

About Levitt Corporation:

Levitt Corporation is the parent company of Levitt and Sons® and Core Communities. Levitt Corporation also holds an aggregate 31% ownership interest in Bluegreen Corporation.

Levitt and Sons®, America’s first builder of planned suburban communities, is best known for creating New York’s Levittown, Long Island and has built approximately 200,000 homes over the last 77 years. Today, Levitt and Sons® develops single and multi-family home communities for active adults and families in Florida, Georgia, Tennessee, and South Carolina. A significant portion of Levitt’s strategy is to be a leader in developing communities for America’s next, big demographic wave: retirement of the baby-boom generation. These communities typically feature a wide variety of amenities, including resort style pools, fitness and athletic facilities, and grand clubhouses.

Core Communities develops master-planned communities, including its original and best known, St. Lucie West. Core Communities’ newest master-planned community is Tradition(TM) Florida. Now under development on Florida’s Treasure Coast in St. Lucie County, Tradition(TM) is an 8,200-acre community that is planned to ultimately feature up to 18,000 residences as well as a commercial town center and a world-class corporate park. Core has also begun development of Tradition(TM) South Carolina, an approximate 5,400-acre parcel of land located adjacent to Hilton Head Island and Bluffton, South Carolina that is planned to ultimately include up to 9,500 residences and 1.5 million square feet of commercial space.

For further information, please visit our websites:
www.LevittCorporation.com
www.LevittandSons.com
www.CoreCommunities.com

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Levitt Corporation Contact Information
Investor Relations:
Leo Hinkley, Senior Vice President
Phone: (954) 940-4995
Fax: (954) 940-5320
Email: InvestorRelations@LevittCorporation.com

Contact:

Levitt Corporation, Fort Lauderdale
Investor Relations:
Leo Hinkley, Senior Vice President, 954-940-4995
Fax: 954-940-5320
Email: InvestorRelations@LevittCorporation.com

Source: Levitt Corporation

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