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Standard Pacific Corp. Declares Quarterly Cash Dividend

    IRVINE, Calif., July 25 /PRNewswire-FirstCall/ Stephen J. Scarborough,
 Chairman, Chief Executive Officer and President of Standard Pacific Corp.
 (NYSE:   SPF), today announced that the Company's Board of Directors has
 declared a quarterly cash dividend of $.04 per share of common stock. The
 cash dividend will be payable on August 23, 2007 to shareholders of record
 on August 9, 2007.
     Standard Pacific, one of the nation's largest homebuilders, has built
 homes for more than 97,000 families during its 41-year history. The Company
 constructs homes within a wide range of price and size targeting a broad
 range of homebuyers. Standard Pacific operates in many of the largest
 housing markets in the country with operations in major metropolitan areas
 in California, Florida, Arizona, the Carolinas, Texas, Colorado, Nevada and
 Illinois. The Company provides mortgage financing and title services to its
 homebuyers through its subsidiaries and joint ventures, Standard Pacific
 Mortgage, Inc., Home First Funding, SPH Home Mortgage, Universal Land Title
 of South Florida and SPH Title. For more information about the Company and
 its new home developments, please visit our website at:
 http://www.standardpacifichomes.com.
 
 

SOURCE Standard Pacific Corp.