KB Home to Broadcast Presentations at Two Industry Conferences

Business Wire, Feb 21, 2008

LOS ANGELES -- KB Home's (NYSE:KBH) President and Chief Executive Officer Jeffrey Mezger is scheduled to speak at the Third Annual Wachovia Homebuilding and Building Products Conference on Thursday, February 28, 2008 at 10:00 a.m. Pacific Standard Time; 1:00 p.m. Eastern Standard Time.

Mezger is also scheduled to speak at the Citigroup Investment Research 21st Annual Global Industrial Manufacturing Conference on Tuesday, March 4, 2008 at 6:45 a.m. Pacific Standard Time; 9:45 a.m. Eastern Standard Time. Both presentations will be broadcast live on the Internet.

To listen to the live broadcasts, select the audio icon on the Investor Relations section of the KB Home website at www.kbhome.com. Listeners must have a multimedia computer with speakers and Microsoft's Media Player. An archive of both presentations will be available on the KB Home website within 24 hours of the live presentations and will be available for 30 days.

KB Home, one of the nation's largest homebuilders, has been building quality homes for families for more than 50 years. Headquartered in Los Angeles, the Company has operating divisions in 13 states, building communities from coast to coast. KB Home is a Fortune 500 company listed on the New York Stock Exchange under the ticker symbol "KBH." For more information about any of KB Home's new home communities or complete mortgage services offered through Countrywide KB Home Loans, call 888-KB-HOMES or visit http://www.kbhome.com.

Certain matters discussed in this press release, including any statements that are predictive in nature or concern future market and economic conditions, business and prospects, our future financial and operational performance, or our future actions and their expected results are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and projections about future events and are not guarantees of future performance. We do not have a specific policy or intent of updating or revising forward-looking statements. Actual events and results may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors. The most important risk factors that could cause our actual performance and future events and actions to differ materially from such forward-looking statements include, but are not limited to: general economic and business conditions; material prices and availability; labor costs and availability; changes in interest rates; our debt level; declines in consumer confidence; increases in competition; weather conditions, significant natural disasters and other environmental factors; government regulations; the availability and cost of land in desirable areas; government investigations and shareholder lawsuits regarding our past stock option grant practices and the restatement of certain of our financial statements; other legal or regulatory proceedings or claims; conditions in the capital, credit (including consumer mortgage lending standards) and homebuilding markets; and other events outside of our control. Please see our periodic reports and other filings with the Securities and Exchange Commission for a further discussion of these and other risks and uncertainties applicable to our business.