EPA Recognizes KB Home with 2013 ENERGY STAR Partner of the Year - Sustained Excellence Award

The U.S. Environmental Protection Agency (EPA) has recognized KB Home (NYSE: KBH) with a 2013 ENERGY STAR® Partner of the Year - Sustained Excellence Award for continued leadership in protecting the environment through superior energy efficiency. KB Home is the only builder to receive this award for three years in a row. KB Home’s accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 26, 2013.

KB Home, an ENERGY STAR partner since 2000, will be honored for its long-term commitment to energy efficiency. It has built more than 75,000 ENERGY STAR certified homes since then, and builds all of its new homes to the ENERGY STAR program’s Version 3 guidelines at no added cost to its homebuyers. The U.S. EPA estimates that, in one year, families living in those more than 75,000 ENERGY STAR certified homes will save more than a total of $33 million on their utility bills while preventing greenhouse gas emissions equivalent to those from 37,000 vehicles.

“Today’s consumer remains cost-conscious and building our homes to ENERGY STAR standards makes good sense for the environment and, more importantly, good dollars and cents for our homebuyers,” said Jeffrey Mezger, president and chief executive officer of KB Home. “We are proud that the EPA has recognized us once again for our dedication to the ENERGY STAR program and even more proud that we have helped American families reduce their total cost of homeownership for years to come.”

Across the U.S., top companies and organizations are leading the way toward a more energy-efficient future through their participation in ENERGY STAR. Over the last 20 years, with help from ENERGY STAR, American families and businesses have saved more than $230 billion on utility bills and prevented more than 1.8 billion metric tons of greenhouse gas emissions.

"EPA is recognizing KB Home for earning EPA’s highest ENERGY STAR award - the 2013 Partner of the Year - Sustained Excellence Award,” said Bob Perciasepe, Acting Administrator, U.S. Environmental Protection Agency. “KB Home leads the field with their commitment to energy efficiency and demonstrates how all Americans can save energy, save money, and create a healthier environment.”

The 2013 Partner of the Year - Sustained Excellence Awards are given to a select group of organizations that have exhibited outstanding leadership year after year. These winners have reduced greenhouse gas emissions by setting and achieving aggressive goals, and employing innovative energy efficiency approaches. These awards recognize ongoing leadership across the ENERGY STAR program, including energy-efficient products, services, new homes, and buildings in the commercial, industrial, and public sectors. Award winners are selected from the nearly 20,000 organizations that participate in the ENERGY STAR program.

For more information on KB Home and its ENERGY STAR certified new homes, 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.

About ENERGY STAR

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money, and help protect the environment for future generations. Nearly 20,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, and buildings. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).