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Press release from Business Wire

Martha Stewart Visits Newest KB Home Community in Orlando

<p class='bwalignc'> <b>KB Home and Stewart provide sneak peek of exclusive new home designs and celebrate new community with cupcake decorating contest</b> </p>

Thursday, July 21, 2011

Martha Stewart Visits Newest KB Home Community in Orlando08:11 EDT Thursday, July 21, 2011 ORLANDO, Fla. (Business Wire) -- Martha Stewart and KB Home (NYSE: KBH) last night unveiled their newest collection of homes during a special sneak peek event at KB Home's Mabel Bridge community in Orlando. One hundred lucky, prospective home buyers were invited to the community to enjoy a private evening reception capped off by a cupcake decorating contest judged by Ms. Stewart herself. The Martha Stewart™ homes at KB Home Mabel Bridge are the latest result of the ongoing and successful partnership between KB Home, one of the nation's premier homebuilders, and Martha Stewart Living Omnimedia. When the KB Home Mabel Bridge community opens to the public on Saturday, July 23, it will be the 11th community of KB homes created with Martha Stewart opened since 2006. Martha Stewart at KB Home's Mabel Bridge in Orlando, Fla. Ms. Stewart visited the community on Wednesday, July 20, 2011 in advance of the grand opening of Martha Stewart at KB Home Mabel Bridge, scheduled for Saturday, July 23. The community will be KB Home's 11th community of homes created with Martha Stewart. (Photo: Business Wire) In addition to judging the cupcake contest and awarding prizes to the winners, Ms. Stewart also participated in a lively Q&A and delighted the crowd with details of what makes the new home designs so special. Following the reception, guests were among the first to tour a new model home designed and decorated by Ms. Stewart and her team. “It was truly a sweet treat to have Martha here to help us celebrate our 11th community created together and the first homes from the collection to be offered here in Orlando,” said George Glance, president of KB Home's Central Florida division. “Only at KB Home can you purchase a home created with Martha Stewart, the nation's leading lifestyle expert. It is a partnership like this one, and the added value of choice and quality it brings to our homebuyers that helps to further set us apart from our competition.” The Martha Stewart homes offered at KB Home's Mabel Bridge are beautiful one- and two-story energy-efficient designs ranging in size from 2,294 to 3,277 square feet with four to six bedrooms, two to four baths and two- or three-car garages. Homes are affordably priced, beginning at around $260,000. “We design these homes with KB Home to look and feel as beautiful, and function as well as my own homes,” said Martha Stewart, founder of Martha Stewart Living Omnimedia. “And the new Martha Stewart model home at KB Home's Mabel Bridge is no exception. It is absolutely gorgeous with an open and flexible floor plan that allows for lots of natural light, and includes fine finishing details and, of course, a fabulous kitchen—my favorite part of any home.” In addition to offering unique features from Martha Stewart, the KB homes at Mabel Bridge are designed to help their owners save money while also being environmentally conscious. As in all new KB Home communities, the homes will be ENERGY STAR® qualified and engineered to heat and cool efficiently and use fewer energy resources with standard features such as low-E windows, radiant barrier roofing and ENERGY STAR qualified appliances. Also included in all new KB homes is the KB Home Energy Performance Guide™ (EPG), an estimate of monthly electric and/or gas costs for each home as designed as well as valuable information on the home's relative energy efficiency when compared to a typical new home or resale home. The Martha Stewart at KB Home 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 1-888-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. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6801831&lang=en KB HomeCara Kane, 321-299-6844ckane@kbhome.comorMSLODeb Dowling, 212-827-8546ddowling@marthastewart.com