X0303 4 2009-05-11 0000085974 RYLAND GROUP INC RYL 0001214358 MILNE GORDON A 24025 PARK SORRENTO, SUITE 400 CALABASAS CA 91302 1 Executive Vice President Common Stock 2009-05-11 4 S 0 10000 20.5567 D 54800 D The price reported in Column 4 is a weighted average price. The prices actually received ranged from $20.50 to $20.60. The reporting person will provide the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. /s/ Sheri L. Markham, Attorney-In-Fact for Gordon A. Milne 2009-05-12