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KB Home Rings Closing Bell(SM) on Election Day

Ceremony Marks Homebuilder's 35th Year on the NYSE, Successful Completion of Company's National Voter Registration Initiative

LOS ANGELES, Nov 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- KB Home (KBH) Chairman and Chief Executive Officer Bruce Karatz rang the Closing Bell today at the New York Stock Exchange to celebrate the homebuilder's 35th anniversary trading on the big board. Coincidentally, Karatz rang the bell on Election Day as a way to recognize KB Home's leadership for its national voter registration efforts this year.

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