CAA Calatlantic Grp., Inc. (delisted)

Standard Pacific Corp. Declares Quarterly Cash Dividend IRVINE, Calif., Oct. 27 /PRNewswire/ -- Stephen J. Scarborough, Chairman and Chief Executive Officer of Standard Pacific Corp. , today announced that the Company's Board of Directors has declared a quarterly cash dividend of $.08 per share of common stock. The cash dividend will be payable on November 26, 2003 to shareholders of record on November 12, 2003. Standard Pacific, one of the nation's largest homebuilders, has built homes for more than 59,000 families during its 37-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific operates in some of the strongest housing markets in the country with operations in major metropolitan areas in California, Texas, Arizona, Colorado, Florida and the Carolinas. The Company provides mortgage financing and title services to its homebuyers through its subsidiaries and joint ventures, Family Lending Services, SPH Mortgage, WRT Financial, Westfield Home Mortgage, Universal Land Title of South Florida and SPH Title. For more information about the Company and its new home developments please visit our website at: http://www.standardpacifichomes.com/ . DATASOURCE: Standard Pacific Corp. CONTACT: Andrew H. Parnes, Senior Vice President-Finance, Standard Pacific Corp., +1-949-789-1616 Web site: http://www.standardpacifichomes.com/

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