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KB Home Opening Four New Communities in the Inland Empire

KBH

KB Home (NYSE: KBH), one of the nation’s largest and most recognized homebuilders, today announced plans to grand open four new home communities in California’s Inland Empire region during the first weekend of August. The optimally located new neighborhoods are the result of the extensive growth initiatives KB Home has pursued across its operations nationwide, including in California, where the company delivers more homes annually than any other builder.

KB Home’s Cantata at The Preserve in Chino, Parkside in Ontario, The Pinnacle at Roripaugh Ranch in Temecula and Sequoia at Monument Park in Perris will join more than a dozen KB Home communities already open for new home sales in Riverside and San Bernardino counties.

“Choosing your community location is an important component of KB Home’s Built to Order homebuying experience, and with the addition of these four new neighborhoods, we’re offering local home shoppers even more options to own a brand new KB home in amenity-rich communities,” said Chris Haines, president of KB Home’s Inland Empire division. “We have carefully planned each of these new communities to appeal to a variety of homebuyers at different stages of life in areas where we expect the option to build a near-custom home will be a welcome alternative to the bidding wars that have frustrated resale home shoppers throughout the Inland Empire.”

KB Home’s Cantata at The Preserve in Chino will offer two-story homes ranging from 2,880 to 3,097 square feet, with up to five bedrooms, three-and-a-half baths, and two-car garages. The master-planned community boasts a private recreation center that includes a 2,600 square foot gym, junior-sized Olympic pool, movie theatre, ballroom, and two spas, among other amenities.

KB Home’s gated Parkside community in Ontario also features a recreation center along with pools and walking trails, in a prime location close to I-10, I-15, Metrolink stations and the Ontario International airport for commuters who frequently travel both near and far. Next door to the beautiful Cucamonga-Guasti Regional Park and the Citizens Business Bank Arena, residents at Parkside can enjoy plenty of indoor and outdoor activities. The eight two-story floor plans available at Parkside in Ontario range in size from 1,865 to 2,956 square feet.

Nestled among the beautiful rolling hills of northeastern Temecula, KB Home’s The Pinnacle at Roripaugh Ranch is a gated, master-planned community with scores of exclusive facilities on site and close proximity to the city’s Promenade. The one- and two-story homes available at The Pinnacle at Roripaugh Ranch will feature up to six bedrooms, five baths, and three-car garages.

Home designs at KB Home’s Sequoia at Monument Park in Perris can be built with one- or two-stories, including up to five bedrooms, three baths, and three-car garages. There are no HOA fees at Sequoia, adding to the appeal of this pristine foothill community that’s just minutes from the area’s major employers, Mt. San Jacinto Community College, and boating, fishing, hiking and more at nearby lakes.

All the homes built at these four Inland Empire communities will be ENERGY STAR® certified and include solar panels as a standard feature. The photovoltaic systems can help to reduce a home’s monthly energy bills and lower the overall cost of homeownership.

KB Home’s Cantata at The Preserve, Parkside in Ontario, The Pinnacle at Roripaugh Ranch, and Sequoia at Monument Park grand opening celebrations will take place Sunday, August 4th. For more information about these KB Home communities, including directions, floor plans available, and pricing, visit www.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.



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