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Press release from Business Wire

KB Home to Webcast Special Event with Martha Stewart

<p class='bwalignc'> <b>KB Home to provide insider view of sneak peek event at its latest community of homes created with Martha Stewart</b> </p>

Wednesday, July 20, 2011

KB Home to Webcast Special Event with Martha Stewart08:00 EDT Wednesday, July 20, 2011 ORLANDO, Fla. (Business Wire) -- KB Home (NYSE: KBH), one of the nation's premier homebuilders today announced that it will host a live webcast of today's planned VIP event at its newest community of homes created with Martha Stewart. The event, being held in Orlando at KB Home's Mabel Bridge community, was announced earlier this month and only 100 lucky, prospective home buyers, who registered at an area KB Home community and won tickets, will be in attendance, in person at least. The good news is that now anyone with a computer or handheld mobile device and active internet connection can join in the fun. Beginning at around 6:30 p.m., interested home shoppers are encouraged to log-on to KB Home's Facebook page, http://www.facebook.com/KBHome, to view live streaming video of the event, which will feature an introduction to the builder's newest collection of homes with special guest, Martha Stewart. Ms. Stewart will also judge a cupcake decorating contest and participate in a question-and-answer session. The webcast can also be accessed at KB Home's UStream channel, http://www.ustream.tv/channel/kb-home. KB Home's Mabel Bridge community opens to the general public this Saturday, July 23 at 10 a.m. A special grand opening and food festival event will be held from 4:00 p.m. to 7:30 p.m. and will feature summertime dishes, desserts and cool drinks all from Martha Stewart's recipe collection. For more information about the Martha Stewart homes at KB Home's Mabel Bridge community, or any other KB Home communities, visit www.kbhome.com or call 888-KB-HOMES. About KB Home KB Home (NYSE: KBH), one of the nation's premier homebuilders, has delivered over half a million quality homes for families since its founding in 1957. The Los Angeles-based company is distinguished by its Built to Order™ homebuilding approach that puts a custom home experience within reach of its customers at an affordable price. KB Home has been named the #1 Green Homebuilder in a study by Calvert Investments and the #1 Homebuilder on FORTUNE magazine's 2011 World's Most Admired Companies list. The Company trades under the ticker symbol "KBH" and was the first homebuilder listed on the New York Stock Exchange. For more information about any of KB Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com. About Martha Stewart Living Omnimedia Martha Stewart Living Omnimedia, Inc. is a diversified media and merchandising company, inspiring and engaging consumers with unique lifestyle content and distinctive products. The Publishing segment encompasses the company's print and digital businesses and is comprised of four magazines, including MSLO's flagship publication, Martha Stewart Living, periodic special issues, books, websites, digital apps, blogs, and more. The Broadcasting segment produces the Emmy-winning, daily television series, "The Martha Stewart Show," and other original programming on Hallmark Channel, including “Mad Hungry with Lucinda Scala Quinn.” Broadcasting also encompasses Martha Stewart Living Radio on SIRIUS XM Channel 110. In addition to its media properties, MSLO offers high-quality Martha Stewart products through licensing agreements with carefully selected companies, including the Martha Stewart Collection exclusively at Macy's, the Martha Stewart Living line of home-improvement products at The Home Depot, Martha Stewart Crafts with EK Success at Michaels, Jo-Ann Fabric, and independent retailers, the Martha Stewart Pets line at PetSmart. In 2008, Emeril Lagasse joined the Martha Stewart family of brands; MSLO acquired the assets related to Lagasse's media and merchandising business, including television programming, cookbooks, and emerils.com website and his licensed kitchen and food products. For additional information about MSLO, visit www.marthastewart.com. KB HomeCara Kane, 321-299-6844ckane@kbhome.comorMSLODeb Dowling, 212-827-8546ddowling@marthastewart.com