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Press release from Business Wire

KB Home Announces James Harrison as President of KB Home's Houston Division

<p> <b>Texas homebuilding veteran to oversee KB Home's operations throughout Houston</b> </p> <p> </p>

Friday, February 22, 2013

KB Home Announces James Harrison as President of KB Home's Houston Division09:00 EST Friday, February 22, 2013 HOUSTON (Business Wire) -- KB Home (NYSE: KBH), one of the nation's largest and most recognized homebuilders, today announced that James Harrison has been named president of its Houston division. In this role, Harrison is responsible for all of the Company's homebuilding operations throughout Houston, from land acquisition and construction to sales and customer service. "Jim is joining a team with a proud history of building quality new homes in Houston for over 15 years, and we look forward to the valuable contributions he can make to our business, as we introduce new home designs and open communities in some of the region's most desirable submarkets,” said Jim Widner, regional president of KB Home. Harrison has more than 30 years of homebuilding experience throughout Texas including Austin, Dallas and Houston. Throughout his career, he has held a variety of leadership roles, including ones at Toll Brothers, Ashton Woods Homes and Ryland Homes. Most recently, he founded and was president of JBH Austin, LLC, an independent construction and consulting company focused on commercial and residential building as well as land acquisitions. In this role, he managed and provided guidance on projects statewide. KB Home is currently selling its Built to Order new homes in 24 communities in and around Houston. In November 2012, the builder announced it had acquired a sizeable parcel of land in Katy, one of Houston's most desirable suburbs, on which it plans to construct approximately 275 new homes. Construction at this new community is set to begin later this month. 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 Kane321-299-6844 or ckane@kbhome.com