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Press release from Business Wire

KB Home Welcomes Tom Sewitsky as President of KB Home's Carolinas Division

<p> <b>Local homebuilding leader tapped to oversee KB Home's operations throughout Raleigh/Durham</b> </p>

Monday, July 22, 2013

KB Home Welcomes Tom Sewitsky as President of KB Home's Carolinas Division

08:00 EDT Monday, July 22, 2013

RALEIGH, N.C. (Business Wire) -- KB Home (NYSE: KBH), one of the nation's largest and most recognized homebuilders, today announced that Tom Sewitsky has been named president of its Carolinas division. In this role, Sewitsky is responsible for all of the Company's homebuilding operations throughout Raleigh/Durham, from land acquisition and construction to sales and customer service.

"We are very pleased to welcome Tom to the KB Home team in one of our southeast region's primary markets,” said Vince DePorre, regional president of KB Home. “Tom's deep management and land acquisition expertise in this territory will be a great asset to our business as we focus on growth opportunities in the Carolinas.”

Sewitsky arrives at KB Home with more than 20 years of experience in homebuilding, the past eight years in the Raleigh and Charlotte markets. Most recently, he was division president for Citizens Homes, a private regional builder. He began his career with Ryan Homes in Baltimore. Sewitsky holds a Bachelor of Science degree in business and finance from Towson University.

“KB Home has a longstanding and proud history of quality and customer satisfaction in Raleigh/Durham. I'm confident that Tom will carry on that tradition and lead our team to continued excellence in this market,” continued DePorre.

KB Home is currently selling its Built to Order™ new homes in nine communities in and around Raleigh/Durham. For more information, visit kbhome.com or call 888-KB-HOMES.

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 Home
Cara Kane, 321-299-6844
ckane@kbhome.com

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