X0202 4 2007-12-28 0 0000038570 ORLEANS HOMEBUILDERS INC OHB 0000936559 KATZ LEWIS 905 NORTH KINGS HIGHWAY CHERRY HILL NJ 08034 1 0 0 0 Common Stock 2007-12-28 4 P 0 25000 3.75 A 504000 D Common stock acquired directly from another director of the issuer, Mr. Andrew N. Heine, in a private sale. The price per share was based on the closing exchange price of the issuer's common stock on December 27, 2007. However, the transaction did not directly or indirectly occur through any stock exchange. Michael E. Plunkett by Power of Attorney 2008-01-02