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Press release from Business Wire

KB Home's Grand Landings Takes off in Palm Coast

<p> <b>Built to Order™ builder opens highly-anticipated new community</b> </p>

Tuesday, February 12, 2013

KB Home's Grand Landings Takes off in Palm Coast08:00 EST Tuesday, February 12, 2013 PALM COAST, Fla. (Business Wire) -- KB Home (NYSE: KBH), one of the nation's largest and most recognized home builders, today announced the grand opening of its highly-anticipated new community along Florida's Eastern shore, Grand Landings in Palm Coast. KB Home unveiled plans to reenter the Palm Coast market last November, and is now ready to showcase its Built to Order offerings with the opening of model homes at the community. “The excitement for Grand Landings has been building since our initial announcement last year, and we are very eager to bring our Built to Order homes to buyers in Palm Coast,” said Todd Holder, executive vice president of KB Home's Jacksonville division. “The community is surrounded by some of Florida's most attractive natural settings, which we blended with our overall design. There is a peaceful tranquility at Grand Landings, yet the community is still close to Palm Coast Town Center and offers easy access to I-95. It's a wonderful place to call home.” KB Home's Grand Landings is located within a gated master-planned development and is served by some of the area's highest rated schools. Home shoppers at Grand Landings have their choice of seven one- and two-story floor plans ranging between 1,674 and 2,803 square feet with up to five bedrooms and three-and-a-half baths. KB Home's Built to Order homebuying process enables customers to choose and personalize almost every aspect of their home, from its lot location and floor plan to aesthetic décor choices like flooring and cabinetry. All new KB homes built in Florida are ENERGY STAR® certified, meaning they are some of the most energy-efficient available today and have the potential to save homeowners money on their utility costs, especially when compared to other new or resale homes. The model home is now open for public tours and grand opening events are happening all month long. To visit Grand Landings, go to the sales office at 101 Vireo Drive. From I-95, take Exit 284 west on SR100. Continue straight for half a mile then turn left on Seminole Woods Boulevard. Drive two miles, turn right on Grand Landings Parkway and left on Vireo Drive. For more details, go to www.kbhome.com or call 866-596-6813. About KB Home KB Home is one of the largest and most recognized homebuilding companies in the United States. Since its founding in 1957, the company has built more than half a million quality homes. KB Home's signature Built to Order™ approach lets each buyer customize their new home from lot location to floor plan and design features. In addition to meeting strict ENERGY STAR® guidelines, all KB homes are highly energy efficient to help lower monthly utility costs for homeowners, which the company demonstrates with its proprietary KB Home Energy Performance Guide® (EPG®). A leader in utilizing state-of-the-art sustainable building practices, KB Home was named the #1 Green Homebuilder in the most recent study by Calvert Investments and the #1 Homebuilder on FORTUNE magazine's 2011 World's Most Admired Companies list. Los Angeles-based KB Home was the first homebuilder listed on the New York Stock Exchange, and trades under the ticker symbol "KBH." For more information about KB Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com. KB HomeCara Kane, 321-299-6844ckane@kbhome.com