KAUFMAN AND BROAD PRELIMINARY AUGUST AND THIRD QUARTER 2000 UNIT NET ORDERS

LOS ANGELES (September 5, 2000) - Kaufman and Broad Home Corporation (NYSE: KBH) today released preliminary unit net orders for the month of August 2000 and the Third Quarter 2000.

 

  Aug 2000
Unit Net Orders
Aug 00/99
Unit % Change
Qtr. 3 2000
Unit Net Orders
Qtr. 3 '00/99
Unit % Change
         
California 532 (13.4)% 1,301 (21.6)%
Other U.S. 1,494 16.4% 3,593 13.1%
Total U.S. 2,026 6.8% 4,894 1.2%
Foreign 243 109.5% 564 10.6%
Total Company 2,269 12.7% 5,458 2.1%

For more information about any of Kaufman and Broad's new home communities, call 1-888-KB-HOMES or visit the Company's Web site at www.kbhome.com.

Kaufman and Broad Home Corporation is one of America's premier homebuilders with operating divisions in Arizona, California, Colorado, Nevada, New Mexico and Texas. Kaufman & Broad S.A., the Company's majority-owned subsidiary, is one of the largest homebuilders in France. In 1999, the Company delivered homes to 22,460 families in the United States and in France. It also operates a full- service mortgage company for the convenience of its buyers. Founded in 1957, Kaufman and Broad is a Fortune 500 Company listed on the New York Stock Exchange under the ticker symbol "KBH".

For further information:
Media Contact - Kate Mulhearn
(310) 231-4015 kmulhearn@kbhome.com

Analyst Contact - Bill Hollinger
(310) 231-4028 or bhollinger@kbhomes.com