Hovnanian Enterprises, 7.625% Series A Preferred Stock

Shares Issued  5,000,000  Overallotment Shares   700,000

S&P Rating   C   Moodys Rating   Caa2

Security Ticker Symbol   HOVNP

Market Traded ON   NASDAQ

Dividend Payment Paid on the 1st of January, April, July and October beginning on 10/1/2005

Quarterly Dividend   .477   Annual Dividend   1.906

Securities may be redeemed, at the issuers option, as early as 07/12/2010  the call price is $25 plus accrued dividends

Dividend Payment will be Qualified Distributions

Maturity Date   None

Company Investor Relations Page for Hovnanian Enterprises

Below you can find the offering Prospectus and/or Final Pricing Document