Kaufman and Broad Preliminary May and Second Quarter 2000 Unit Net Orders

LOS ANGELES (June 6, 2000) – Kaufman and Broad Home Corporation (NYSE: KBH) today released preliminary unit net orders for the month of May 2000 and the second quarter 2000.

 



  May 2000
Unit Net Orders
May 00/99
Unit % Change
Qtr. 2 ’00
Unit Net Orders
Qtr. 2 ’00/99
Unit % Change
         
California 720 (8.4)% 2,178 3.5%
Other U.S. 1,604 (1.3) 4,886 16.4
Total U.S. 2,324 (3.6) 7,064 12.1
Foreign 515 61.4 896 (2.3)
Total Company 2,839 4.0% 7,960 10.3%

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