KB Home and Martha Stewart Unveil Second Community

Los Angeles & New York, July 25, 2006--KB Home have unveiled their co-branded community outside Atlanta, Georgia. The community, known as KB Home Hampton Oaks: Homes Created with Martha Stewart, will open to the public on Saturday, July 29, 2006. The Hampton Oaks community will feature approximately 800 homes spanning 480 acres, more than one third of which is rolling hills. Seventeen different floor plans are available for one- and two-story homes, ranging from 1,930 to 4,624 square feet. The homes are priced from the low $200s to the low $400s. As with the homes in the Twin Lakes community in Cary, North Carolina, Hampton Oaks homes will have characteristics from Martha Stewart's homes. Martha's influence is present in the interiors of the model homes as well, with specialized flooring, bathroom and kitchen fixtures, lighting, paint colors, cabinetry selections and other special touches such as distinctive mantles, shelving, molding and wainscoting all of which are available to home buyers. Although homes do not come furnished, the model homes will contain furniture and decorative options from Martha Stewart Living Omnimedia. The KB Home Hampton Oaks: Created with Martha Stewart community is situated in the rolling terrain of South Fulton County. The community was planned around hundreds of Magnolia and Fir trees and preserves the natural surroundings.