KB Home Offers New Way to Save On Energy Costs

LOS ANGELES, July 7, 2009 (GLOBE NEWSWIRE) -- KB Home (NYSE:KBH), one of
America's premier homebuilders, today announced that every new KB home will
include Carrier programmable thermostats as a standard feature. These
thermostats provide cutting-edge control capabilities for maximum performance
and increased energy efficiency. Energy costs associated with heating and
cooling a home can account for up to half of an average household's utility
bills, according to the U.S. Environmental Protection Agency (EPA). The EPA
estimates that homeowners can save about $180 each year by properly setting
their programmable thermostats and maintaining those settings.

In addition to including Carrier programmable thermostats as a standard feature,
KB Home has also committed to use Puron(r) refrigerant HVAC systems by Carrier
in all its new homes nationwide. Puron is environmentally sound and does not
deplete the ozone layer. KB Home has taken these actions as part of the
Company's My Home. My Earth.(r) program, which offers new homebuyers
money-saving environmentally friendly features, options and education.

"These world-class products by Carrier add to the growing list of
environmentally friendly features that are in every new KB home," said Jeffrey
Mezger, president and CEO of KB Home. "Homebuyers are looking to reduce their
carbon footprint and lower the cost to operate their homes without sacrificing
beauty or functionality, and our My Home. My Earth. initiative helps them do
just that."

"We're pleased that thousands of KB Home customers across the country will enjoy
the many benefits of quality Carrier systems: for their homes, for the
environment and to help reduce their cost of home ownership," said Bob
McDonough, president, Residential & Light Commercial Systems, Carrier
Corporation. "We share KB Home's vision for a sustainable future."

To learn more about KB Home's My Home. My Earth. environmental initiatives and
view KB Home's 2009 Sustainability Report, visit www.kbhome.com/sustainability.

About Carrier

From the time our founder invented the basics of modern air conditioning in
1902, Carrier has been the world leader in air conditioning, heating and
refrigeration systems. A wholly-owned subsidiary of United Technologies
Corporation, Carrier is built upon a legacy of innovation and commitment.
Through our market-leading products and solutions, the company constantly
strives to help people live more comfortable, healthy and productive lives. For
more information about Carrier visit www.carrier.com.

About KB Home

KB Home, one of the nation's leading 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(tm) 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(r)
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.

The KB Home logo is available at
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CONTACT: KB Home
Heather Reeves
310-231-4142
hreeves-x@kbhome.com