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KB Home Names Derrick Hall Vice President of Communications
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01/16/2005

LOS ANGELES, -- KB Home (NYSE: KBH), one of the nation's largest homebuilders, today announced that Derrick M. Hall has joined the company as vice president of communications, and will oversee all strategic external communications, public relations and national media efforts. The new position will report to Wendy Marlett, Senior Vice President, Marketing.

"It is a top priority of ours at KB Home to attract the finest executive talent for all levels and all departments," said Bruce Karatz, Chairman and CEO. "We are delighted to have someone of Derrick's impressive background join our accomplished team and lead KB Home's public relations outreach on a national level. His tremendous energy and diverse experience, both as a communications executive in a high profile organization and as a former journalist, will be invaluable assets to KB Home in this important arena."

"It is an honor and privilege to be joining such a successful organization and powerful brand," said Hall. "KB Home is considered a true leader in the homebuilding industry due to its growth in earnings, calculated market expansion, quality product, unmatched value, and prioritization of customer service and satisfaction."

Prior to joining KB Home, Hall was senior vice president of communications with the Los Angeles Dodgers. In this position, he was responsible for creating and implementing all communications strategies for the organization, as well as serving as official team spokesperson, overseeing public relations, broadcasting, community affairs, publications, government affairs and external affairs. In addition to his 12-year career with the Dodgers, Hall has worked as an on-air journalist at numerous media outlets, including NBC News Channel 4 in Los Angeles, XTRA Sports 1150, and the Los Angeles Dodgers Radio Network. Since 2001, Hall has also served as an adjunct professor of journalism at the University of Southern California.


About KB Home
Building homes for nearly half a century, KB Home is one of America's largest homebuilders with domestic operating divisions in the following regions and states: West Coast -- California; Southwest -- Arizona, Nevada and New Mexico; Central -- Colorado, Illinois and Texas; and Southeast -- Florida, Georgia, North Carolina and South Carolina. Kaufman & Broad S.A., the Company's majority-owned subsidiary, is one of the largest homebuilders in France. In fiscal 2003, the Company delivered 27,331 homes in the United States and France. It also operates KB Home Mortgage Company, a full-service mortgage company for the convenience of its buyers. Founded in 1957, KB Home is a Fortune 500 company listed on the New York Stock Exchange under the ticker symbol "KBH." For more information about any of KB Home's new home communities, call 1-888-KB-HOMES or visit the Company's Web site at http://www.kbhome.com.
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http://www.kbhome.com
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