Company Website: http://www.ryland.com
WESTLAKE VILLAGE, Calif. -- (Business Wire)

The Board of Directors of The Ryland Group, Inc. (NYSE: RYL), has declared a second quarter dividend of $0.03 per share, payable on July 30, 2012, to common stockholders of record on July 16, 2012.

Headquartered in Southern California, Ryland is one of the nation’s largest homebuilders and a leading mortgage-finance company. Since its founding in 1967, Ryland has built more than 295,000 homes and financed more than 245,000 mortgages. The Company currently operates in 13 states across the country and is listed on the New York Stock Exchange under the symbol “RYL.” For more information, please visit www.ryland.com.

Contacts:

The Ryland Group, Inc.
Drew Mackintosh
VP, Investor Relations and Corporate Communications
805-367-3722
Drew.mackintosh@ryland.com

Source: The Ryland Group, Inc.