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KB Home (NYSE:KBH);

Seven analysts and top management from sixteen sector firms examine the homebuilding industry sector in this special 89-page Homebuilding Industry issue from The Wall Street Transcript, available at (212/952-7433) or http://www.twst.com/info/info506.htm

Another analyst adds, “CEO Bruce Karatz continues to do a good job at KB. Nothing comes to mind that strikes me as a variation of what KB has done in the past. It is business as usual and that is good business. Being primarily an entry-level-focused builder, KB has been very flexible as the economy has weakened. The entry-level area can typically have a little more pressure on it. First time buyers are a bit more susceptible to changing rates and so forth. But Karatz has KB’s business to run more efficiently. Having the even flow production system in place has helped KB weather the storm of the down economy despite their reliance on first time buyers. The even flow system has aided in stabilizing returns and helped the unit growth get through this recession without any major bubbles in it. Karatz has continued to focus and continues to do a good job with KB. I think that most of the managements in this space deserve credit right now. With Karatz, he has done a great job getting through this tight economy. KB has a very strong, focused management. I think we can expect KB to come through this tough time and find their earnings still growing. Karatz has continued to do a good job so I have to praise the management at KB.”

This special issue includes:

1) Homebuilding Industry - In an in-depth (13,500 words) Analyst Roundtable, Scott H. Campbell, Vice President-Homebuilding and REIT Equity Research at Raymond James & Associates, David Jarrett, Vice President at Credit Lyonnais Securities (USA) Inc., Samuel A. Lieber, CEO of Alpine Management & Research, LLC, Joseph Sroka, Vice President at Merrill Lynch & Co., Inc., James Wilson, Managing Director at Jolson Merchant Partners Group, LLC, examine the outlook for the sector including industry consolidation, interest rate outlook and share specific stock recommendations.

2) The TWST confidential Off-The-Record survey of management performance of eight sector firms asked market insiders about the ability of management teams to create shareholder value.

3) Outlook for Homebuilding Stocks - In an in-depth (5,000 words) Analyst Interview, Carl E. Reichardt, Principal at Banc of America Securities, examines the outlook for the sector including and shares specific stock recommendations.

4) Building Materials Manufacturers - In an in-depth (3,900 words) Analyst Interview, Robert Marshall, Senior Analyst following the housing/building materials sector at Wachovia Securities, examines the outlook for the sector including and shares specific stock recommendations.

5) CEO interviews (average 2,500 words). Top management of sixteen sector firms examine the outlook for their firm and the sector.