Friday, June 17, 2005

Hovnanian CEO Sells Some Stock

[SOURCE: Form 4

ISSUER: HOVNANIAN ENTERPRISES INC
SYMBOL: HOV

FILER: HOVNANIAN ARA K
TITLE: Chief Executive Officer

DATE - TRANSACTION - SHARES @ PRICE = VALUE
6/15/05 - Sale - 244,600 @ $62.22 = $15,219,012

OWNERSHIP: 1,530,420 (Direct) - 2,056,780 (Indirect)

The Form 4 is filed with the Securities and Exchange Commission by insiders to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Insider Data Source: The Washington Service]

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