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Press release from Business Wire

KB Home Announces the Opening of Arbor Rose in Arcadia

<p> <b>Located within walking distance to many of Arcadia's major attractions, KB Home proudly presents new homeownership opportunity in Los Angeles County</b> </p>

Wednesday, November 13, 2013

KB Home Announces the Opening of Arbor Rose in Arcadia

11:00 EST Wednesday, November 13, 2013

LOS ANGELES (Business Wire) -- KB Home (NYSE: KBH), one of the nation's largest and most recognized homebuilders, today announced the preview opening of its Arbor Rose community in Arcadia, a well-established area known for its safe neighborhoods and stellar schools. Nestled at the base of the San Gabriel Mountains, residents at KB Home's Arbor Rose will enjoy the community's close proximity directly across the street from the Westfield Santa Anita mall, the Arcadia Race Track, and within walking distance of the Arcadia County Park, the Los Angeles County Arboretum & Botanical Garden, and the Santa Anita Golf Course.

KB Home's Arbor Rose community is a unique enclave of 34 homes surrounded by Arcadia's beautiful scenery and served by the highly-rated Arcadia Unified School District, consistently ranked as one of California's best. KB homeowners at Arbor Rose can also take advantage of the many employment, leisure, and cultural opportunities offered in the nearby cities of Pasadena, Glendale, and Los Angeles.

“We are very excited to unveil Arbor Rose in Arcadia, a sought-after suburb where we know home shoppers want to live and where homebuyer demand is high,” said Steve Ruffner, president of KB Home's Southern California division. “Being a KB homeowner in Arcadia means you can enjoy everything the area has to offer, including its prestigious schools, charming community atmosphere and convenience to neighboring city centers, while enjoying the benefits of a brand new home with many customizable features.”

There are six three-story floor plans available at KB Home's Arbor Rose in Arcadia, ranging between 1,899 and 2,094 square feet, with up to four bedrooms and three-and-a-half baths. Because all KB homes are Built to Order™, home shoppers at Arbor Rose will be able to select the number of bedrooms and bathrooms in their new KB home as well as décor choices like cabinetry and lighting, and even technological enhancements like built-in audio or in-home automation systems. Prices are anticipated to start in the mid $800,000s.

KB Home's Arbor Rose in Arcadia is now open for preview at the Santa Anita Westfield Mall, across from Red Robin and adjacent to Macy's. For more information about KB Home's Arbor Rose community, visit www.kbhome.com or call 626-447-0586.

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
Craig LeMessurier, 925-983-4509
clemessurier@kbhome.com

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