KB Home Celebrates Holiday Giving With School Beautification Project Employees, Students Add Paint and Spirit to Daniel Webster Middle School Gym LOS ANGELES, Dec. 7 /PRNewswire-FirstCall/ -- KB Home employees, led by Chairman and CEO Bruce Karatz, will celebrate the holiday season by joining students and teachers to paint the gymnasium at Daniel Webster Middle School on Wednesday, December 8 at 2:0 p.m. "It is a KB Home tradition to keep the spirit of giving in our holiday celebrations," said KB Home Chairman and CEO Bruce Karatz. "We're looking forward to spending a busy and fun afternoon with the students and leaving them with a gift that will beautify the school and enhance student athletics, recreation and spirit for many holidays to come." The gym is used for school athletics, recreation and P.E. classes by 1300+ 6th-8th graders. Currently painted a neutral color, KB Home will paint the gym in school colors green and white, add the school's "W" emblem between the basketball goals and decorate with inspirational words. Daniel Webster Middle School Principal Rodger Salkeld, will be in attendance and Roy Romer, Superintendent of Los Angeles Unified School District, is also a special invited guest. Daniel Webster Middle School is located at: 11330 W. Graham Place, Los Angeles, CA 90064. About KB Home Building homes for nearly half a century, KB Home is one of America's premier homebuilders with domestic operating divisions in some of the fastest-growing areas of the country including Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Nevada, New Mexico, North Carolina, South Carolina and Texas. Kaufman & Broad S.A., the company's majority-owned subsidiary, is one of the largest homebuilders in France. In fiscal 2003, the company delivered homes to 27,331 families in the United States and France. It also operates a full-service mortgage company for the convenience of its buyers. Founded in 1957, and winner of the 2004 American Business Award for Best Overall Company, 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 888-KB-HOMES or visit kbhome.com. For more information contact: Derrick Hall (310) 231-4142 DATASOURCE: KB Home CONTACT: Derrick Hall of KB Home, +1-310-231-4142, Web site: http://www.kbhome.com/

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