NEWPORT BEACH, CA (February 28, 2005)

Mike Grubbs, senior vice president and chief financial officer for William Lyon Homes since 1992, was recently named HomeAid Orange County Board treasurer. A board member since 1999, Grubbs continues to bring his considerable talents to the organization serving as committee chair for the finance focus group.

HomeAid Orange County, the founding chapter of HomeAid America, was established in 1989 by the leadership of the Orange County Chapter of the Building Industry Association of Southern California. Charged with the mission of building and renovating shelters for temporarily homeless Orange County men, women and children, HomeAid Orange County has completed 35 shelter developments with four in various stages of planning and construction.

Grubbs, a graduate of Arizona State university majoring in finance and accounting, has been instrumental to the success of William Lyon Homes through his leadership in the management of all aspects of financial reporting, banking relations and accounting functions. He and his wife Peggy, daughter Megean, and two sons Sean and Boyd live in Newport Beach.

iFor information, contact HomeAid Orange County at (949) 553-9510 or visit www.homeaidoc.org.