Desarrolladora Homex S.A.B. de C.V. announced that Gerardo de Nicolás, Chief Executive Officer and Carlos Moctezuma, Chief Financial Officer have informed the Company that they intended to take a voluntary leave of absence so that they may devote their energies to adequately responding the wells notice received by the United States Securities and Exchange Commission. As a result, the Company's Board of Directors has accepted their voluntary leave and appointed Mr. Eustaquio de Nicolás to cover the leave of absence of Gerardo de Nicolás and Mr. Alberto Menchaca to cover the leave of absence of Carlos Moctezuma. Eustaquio de Nicolás founded Homex in 1989 and has been Chairman of the Board of Homex since 1998.

Alberto Menchaca joined Homex in 1996 and has occupied different positions in the company. Among his latest positions, Mr. Menchaca was the Treasury Director since September 2013 and before this position he was the Director of México's Division in charge of the administration of the sales and construction operations at approximately 35 cities with 89 active projects.