Opera Sponsorship

September 22, 2005 – Metropolitan Opera General Manager Joseph Volpe announced today that Toll Brothers (NYSE:TOL), America's luxury home builder™, will be the corporate sponsor for the Metropolitan Opera Saturday afternoon radio broadcasts which will celebrate their 75th anniversary this season. The twenty-one radio broadcasts will run from December 17 of this year to May 6, 2006, and will be heard over the Toll Brothers-Metropolitan Opera International Radio Network, which comprises over 300 stations in the United States and reaches eleven million people in forty-two countries around the globe. The Annenberg Foundation and the Vincent A. Stabile Foundation will continue to provide generous support for this season's broadcasts as part of their long-term commitments to the future of this program.

Mr. Volpe welcomed the new corporate sponsor to the Met broadcasts saying, "I am delighted that Toll Brothers has agreed to support this landmark series, the longest running classical radio program in the history of American broadcasting. I am certain I speak for millions of opera lovers around the world in expressing thanks to Toll Brothers for their generosity."

Robert I. Toll, Executive Chairman of the Board of Toll Brothers, Inc., said, "We are honored and excited to share the spirit of excellence of The Metropolitan Opera."

Regular radio broadcasts from The Metropolitan Opera began on December 25, 1931, with a broadcast performance of Humperdinck's "Hänsel und Gretel." This season's 75th Anniversary celebration will include a special January 14 broadcast honoring the 250th anniversary of Mozart's birth with excerpts from historic performances chosen from The Met's vast broadcast archives. In addition, special intermission features throughout the radio season will present great moments from both performances and intermissions of past Met broadcasts.

After the announcement in May 2003 that the broadcasts would lose their corporate sponsor following the 2003-04 season, The Metropolitan Opera launched the "Save the Met Broadcasts Campaign," under the leadership of Beverly Sills, the company's chairman at the time. Since then, thousands of individuals, corporations, and foundations from around the world have contributed to the campaign.

"Thanks to the generosity of these donations, The Met has been able to continue the broadcasts without interruption," said Mr. Volpe. "Our challenge now is to continue to build our Broadcast Fund to guarantee the future of these treasured broadcasts."

Testimonials & Thank You Notes

Dear Mr. Toll,
THANK YOU for your commitment to bringing opera around the country! Your firm name is new to me… but it will be uppermost in my thoughts from now on.

Warm regards,
Andy Karzas
858 W. Diversey Parkway
Chicago, IL 60649

From all lovers of great music – and we are thousands – thank you so very much for your great gift to us and to the US and to music itself.

Peter Bloch

Dear Mr. Toll:
I am writing this brief note of great thanks to the announcement today that you and your fine company have offered to come to the forefront with sponsorship of the Metropolitan Opera Radio Broadcast series, to continue this treasured tradition of brining opera to millions of listeners around the world.

I live in Canada and cannot always afford to travel to New York to see the Metropolitan Opera in person, so over the years via the Met broadcasts, I have been able to share the joy of the live opera performances and have a chance to hear many great singers and operas by wonderful composers that I may not otherwise have experienced.

With your generous announcement, you can feel very proud to continue this great tradition and share with all of us as well this truly wonderful art form. Plus, the great achievement of introducing many new listeners of all ages to opera, but especially to younger generations who will be the future supporters and opera-goers. As I was introduced to the Met broadcasts at the age of 14 through the radio, there is now the chance for your great sponsorship to reach the same new ears of future opera lovers.

I thank you on behalf of all of them and myself for keeping this tradition alive when it was unclear if it would continue. When so much cultural arts support is often disappearing these days, it si very heartening to know that there are leaders who care and are willing to come forward with support. The value is unestimable, but the appreciation of your announcement is worthy. The great singers and composers of the past, present and future can shine once more!

Thanks once again,
Mr. Bruce Prentice
Toronto, Ontario Canada

Dear Mr. Toll,
As an avid listener to the Metropolitan Opera broadcasts, I would like to thank you for your company's wonderful donation towards keeping the broadcasts on the air.

Randy McDougall
Renton (Seattle), WA

Many thanks for your generous support of the Metropolitan Opera Saturday broadcasts. Many many people first became acquainted with opera through these broadcasts and some of them have become major stars in the operatic universe. After hearing "Texaco presents" for so many years on Saturday afternoons, it will be a pleasure to hear "Toll presents."

Best wishes,
Marvin Freid Larkspur, CA

Robert,
My wife and I purchased a Toll Brothers home in Orange, CT 2 years ago and have been extremely happy. I am now ecstatic to discover that you folks have agreed to underwrite the MET Opera broadcasts. These are a national treasure than must be saved. Thank you for your generous support.

Alan Ruskis, MD
Orange Estates,
Orange , CT

Dear Mr. Toll:
I cannot express to you how grateful I am that you have agreed to support the Metropolitan opera broadcasts. I am sending an additional donation to the Met in response to your magnificent gesture. I only wish more corporations in the United States were as supportive as you are of our priceless cultural institutions.

Jeanne De Pass
Long Beach, California

Dear Mr. Toll,
I, along with the rest of the opera-listening world, thank you and your corporation for your financial support of the Metropolitan Opera Broadcasts. This is especially important to those of us who can no longer afford to attend the opera as often as we once did. May your relationship with the Met be a long and happy one.

Sincerely,
Eugene Brister

I understand, via an opera lovers's e-mail grapevine, that you have proposed to sponsor the Metropolitan Opera broadcasts. THANK YOU, THANK YOU THANK YOU. This generosity is important for the future growth of music appreciation by young listeners. They are the arts supporters of the next generation and need to be encouraged NOW.

Gratefully,
H. David Kaplan

Dear Mr. Toll,
Congratulations and kudos to you and your company for underwriting the radio broadcasts of the Metropolitan Opera; your sponsorship will help preserve this national cultural treasure for its many listeners. May your company also be rewarded for its generosity.

Sincerely,
Hyde and Ann Perce

Mr. Toll:
Thank you so much for your action to keep the Metropolitan Opera broadcasts on the air. You have ensured a continuing source of delight, instruction and uplift for millions of listeners of all ages, classes, and demographics. I had never heard of your company before this week, but I certainly have now. If I'm ever wealthy enough to think about a new and luxurious house, I'll look into Toll Brothers.

Sincerely,
David Lewellen Milwaukee, Wis.