KB Home Names John Reeves President of Washington, D.C. Metro Division

KB Home (NYSE: KBH), one of America’s premier homebuilders, today announced that John Reeves has been named president of the Company’s Washington, D.C. Metro division, which includes the states of Maryland and Virginia. In this role, Reeves assumes responsibility for all of the Company’s homebuilding operations throughout the Washington, D.C. metro area, from land acquisition and construction to sales and customer service.

"John’s broad experience in land acquisition, planning, development and operations, combined with his deep knowledge of the vibrant local housing market surrounding our nation’s capital, will help KB Home offer a top notch Built to Order™ homebuying experience to area residents,” said Vince DePorre, regional president of KB Home.

Most recently, Reeves was chief operating officer of the Silver Companies in Virginia, a commercial and residential real estate investment and development company. As COO, he successfully managed the commercial side of the business comprised of over 30 active projects. Prior to Silver Companies, Reeves was with Pulte Homes for eight years, where he served as president of its Washington Division, one of the largest operating divisions in the company.

Reeves graduated from Colgate University with a Bachelor of Arts Degree in Economics and received his Master’s of Science Degree in Public Accounting from the University of Hartford.

About KB Home

KB Home, one of the nation's premier homebuilders, has delivered hundreds of thousands of quality homes for families since its founding in 1957. The Company is distinguished by its Built to Order™ homebuilding approach that puts a custom home experience within reach of its customers at an affordable price. KB Home's award-winning homes and communities meet the needs of first-time homebuyers with flexible designs that also appeal to move-up buyers and active adults. Los Angeles-based KB Home was named the #1 homebuilder on FORTUNE® magazine's 2009 "World’s Most Admired Companies” list. This marks the second year in a row and the third time in the past four years that KB Home has achieved the top ranking. The Company trades under the ticker symbol "KBH," and was the first homebuilder listed on the New York Stock Exchange. For more information about any of KB Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com.