Inc. (the “Company” or “we”) (TOL) (www.tollbrothers.com), announced today that it has priced an underwritten public offering (the “Offering”) of $400 million of 3.800% Senior Notes due 2029 (the “Notes”) issued by Toll Brothers Finance Corp., a wholly-owned subsidiary of the Company. The Company expects to use the net proceeds from the Offering for general corporate purposes, which may include repayment of indebtedness. BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC, SunTrust Robinson Humphrey, Inc., Wells Fargo Securities, LLC and SMBC Nikko Securities America, Inc. are acting as Joint Book-Running Managers in the Offering.

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