Centex Corporation
 

Filed Pursuant to Rule 424(b)(2)
Registration File No. 333-49966

Pricing Supplement No. 5 dated November 5, 2002

(To Prospectus Supplement dated March 22, 2001 and Prospectus dated December 7, 2000)

CENTEX CORPORATION

Senior Medium-Term Notes, Series E
Floating Rate Notes

       
Principal Amount:     $15,000,000
       
CUSIP No.:     15231EBJ6
       
Type:     Regular Floating Rate
       
Interest Rate Basis:     3 month LIBOR
       
Designated LIBOR Page:     Telerate 3750
       
Initial Interest Rate:     3.36%
       
Original Issue Date:     November 8, 2002
       
Stated Maturity:     January 9, 2006
       
Price to Public (Issue Price per $1,000 Principal Amount):     100.00%
       
Agent’s Discount or Commission:     $30,000
       
Net Proceeds to Centex:     $14,970,000
       
Spread:     +175 Basis Points
       
Interest Rate Reset Period:     Quarterly
       
Interest Determination Dates:     Two London Business Days prior
to each Interest Reset Date
       
Interest Payment and Reset Dates:     February 8, May 8
August 8, November 8
(commencing February 8, 2003)

     This Pricing Supplement relates to the original issuance and sale by Centex Corporation of the $15,000,000 Senior Medium-Term Notes, Series E (the “Notes”), described herein through UBS Warburg LLC, as agent. It is expected that delivery of the Notes will be made against payment therefor on or about November 8, 2002.

     We may issue Senior Medium-Term Notes, Series E, and Subordinated Medium-Term Notes, Series E, under Registration Statement No. 333-49966 in a principal amount of up to $350,000,000 in gross proceeds and, to date, including this offering, an aggregate of $207,000,000 has been issued.