Betas

|Date |Lennar Corp. Adj Close |Lennar Corp. Returns | |S&P 500 Adj Close |S&P 500 Returns |

|6/1/2011 |17.86 |-5.30% | |1300.16 |-3.35% |

|5/2/2011 |18.86 |-0.05% | |1345.2 |-1.35% |

|4/1/2011 |18.87 |5.07% | |1363.61 |2.85% |

|3/1/2011 |17.96 |-10.16% | |1325.83 |-0.10% |

|2/1/2011 |19.99 |4.17% | |1327.22 |3.20% |

|1/3/2011 |19.19 |3.45% | |1286.12 |2.26% |

|12/1/2010 |18.55 |23.42% | |1257.64 |6.53% |

|11/1/2010 |15.03 |4.67% | |1180.55 |-0.23% |

|10/1/2010 |14.36 |-5.40% | |1183.26 |3.69% |

|9/1/2010 |15.18 |16.95% | |1141.2 |8.76% |

|8/2/2010 |12.98 |-10.97% | |1049.33 |-4.74% |

|7/1/2010 |14.58 |6.50% | |1101.6 |6.88% |

|6/1/2010 |13.69 |-19.61% | |1030.71 |-5.39% |

|5/3/2010 |17.03 |-12.93% | |1089.41 |-8.20% |

|4/1/2010 |19.56 |15.74% | |1186.69 |1.48% |

|3/1/2010 |16.9...