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KB Home opens new Riverside office in Temecula

Homebuilder poised for continued growth in the region

KB Home, one of the nation's leading homebuilders, has announced the opening of a new office in Temecula. The new location houses all operations for the Fortune 500 company's growing Riverside County division.

KB Home currently has 17 new home communities located throughout Riverside County, including the cities of Murrieta, Menifee, Lake Elsinore, Perris, Moreno Valley, Winchester, Perris, Hemet, Corona and Norco. Several more new communities are scheduled to open throughout the region, from Temecula Valley to Indio, in the coming months.

The opening of a new office in the region reflects KB Home's strategic commitment to the region. The company established its Riverside division early this year in addition to its Greater Los Angeles, Inland Valley, Orange County and San Diego Southern California divisions.

"Riverside County is a dynamic and vibrant area to live and work," said KB Home Riverside County Division President Steve Ruffner. "We have already built hundreds of quality new homes in the region and we are committed to bringing the dream of homeownership to many more families in the years to come. With our new offices in Temecula, we delighted to be at the heart of Riverside County."

Building homes for nearly half a century, KB Home is one of America's premier homebuilders with domestic operating divisions in many 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.

KB Home's Temecula office is located off Interstate 15 at 26201 Ynez Road. The phone number is (909) 587-3300.

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