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| KB HOME'S PRESENTATION AT MERRILL LYNCH'S GLOBAL LEVERAGED FINANCE CONFERENCE TO BE BROADCAST LIVE |
| LOS ANGELES (November 8, 2001) – KB Home (NYSE:KBH) will webcast live its presentation at the Merrill Lynch Global Leveraged Finance Conference being held in Phoenix, Ariz. on Tuesday, November 13, 2001 at 12:55 p.m. (Eastern Time). |
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| Interested listeners can access the live broadcast of the presentation through the investor relations section of the KB Home Web site at www.kbhome.com where it will be available for replay within 24 hours of the live presentation through December 4.
KB Home is one of America's largest homebuilders with domestic operating divisions in some of the fastest-growing areas of the country including California, Arizona, Nevada, New Mexico, Colorado, Texas and Florida. Kaufman & Broad S.A., the Company's majority-owned subsidiary, is one of the largest homebuilders in France. In fiscal 2000, the Company delivered homes to 22,847 families in the United States and France. It also operates a full-service mortgage company for the convenience of its buyers. Founded in 1957, 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, call 888-KB-HOMES or visit the Company's Web site at www.kbhome.com.
For more information contact:
Kate Mulhearn
Director, Public Relations
(310) 231-4147
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