1. LOGIC 2. LIQUIDITY SIMPLICITY PROCESS 3. Letter to our ShareholdersStuart A. MillerPresident and Chief Executive OfficerLennar CorporationDear Shareholders,The year 2006…

1. Our Lawyer Says Hi!This presentation is for educational and informational purposes only. Nothingcontained here should be construed by anyone as an invitation or solicitation…

1. LOGIC 2. LIQUIDITY SIMPLICITY PROCESS 3. Letter to our ShareholdersStuart A. MillerPresident and Chief Executive OfficerLennar CorporationDear Shareholders,The year 2006…

1. Lawyer Todd Says Hi!This presentation is for educational and informational purposes only. Nothingcontained here should be construed by anyone as an invitation or solicitation…

Edmonton Fort McMurray Grande Prairie PEACE RIVER TAR SANDS A L B E R TA SASKATCHEWAN ATHABASCA TAR SANDS COLD LAKE TAR SANDS Peace River Complex Sunrise Muskeg River Mine…