KAUFMAN AND BROAD PRELIMINARY NOVEMBER AND FOURTH QUARTER 2000 UNIT NET ORDERS

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

 

  Nov 2000
Unit Net Orders
Nov 00/99
Unit % Change
Qtr. 4 2000
Unit Net Orders
Qtr. 4 00/99
Unit % Change
         
Total California 404 -19.4% 1,207 -8.1%
Other U.S. 1,309 4.2% 3,386 14.9%
Total U.S. 1,713 -2.5% 4,593 7.8%
France 391 29.9% 838 29.5%
Total Company 2,104 2.2% 5,431 10.7%

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 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.

For More Information Contact:
Kate Mulhearn
(310) 231-4015
kmulhearn@kbhome.com