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MBK HOMES' TIM KANE ELECTED
SALES & MARKETING COUNCIL PRESIDENT


IRVINE, CA-January 29, 2003-Veteran homebuilding industry executive Tim Kane, who is vice president, sales and marketing, for MBK Homes Ltd., has been elected president of the Sales and Marketing Council of Southern California (SMC/SC).

Kane, who was previously membership chairman of SMC/SC, has been active in the Southern California homebuilding industry for more than 16 years, and he has been with MBK Homes since its inception, facilitating the growth of the company by fulfilling many different roles, including project management and forward planning.

Before joining MBK Homes, Kane managed an independent real estate consulting and appraisal company, which included MBK Homes among its clients. Previously, he served as director of land acquisition for Barratt American, where he was responsible for acquiring sites for residential construction throughout Southern California. Kane also co-founded the Mentor Group, a consulting group specializing in strategic planning for Fortune 500 companies.

"Both with MBK Homes and SMC, Tim has been a proven leader," stated David Blanke, immediate past president of SMC/SC. "Having a homebuilding executive of Tim's caliber at the helm of SMC ensures that the organization will continue to grow stronger and more valuable to its members in the coming year."

Kane said, "I am honored to be elected president of SMC and I look forward to the challenges and opportunities that go with that honor. My goal is to make certain that SMC retains its position as the premier organization of its kind and becomes an even more vital resource for homebuilding industry professionals."

Attracting top professionals in new home sales, marketing and related services, SMC/SC is committed to the education, motivation and growth of its membership. Informative monthly meetings, educational seminars and certificate programs provide invaluable insights into the latest trends and innovations. Various fun and fundraising events create additional opportunities to network with those involved in the housing industry. SMC/SC is a non-profit educational affiliate of The Building Industry Association of Southern California (BIA/SC) and of the National Association of Home Builders. Along with ongoing support of the BIA's outreach program, HomeAid, the Council also lends assistance to a variety of community services.

MBK Homes is a leader in the development of new-home communities in Southern California. The company's communities are located in Los Angeles, Orange, Riverside and San Bernardino Counties, and future land acquisitions are planned throughout the region. Additional information is available by calling (949) 789-8300 or visiting www.mbkhomes.com. Additional information on SMC/SC may be obtained by visiting www.smcsocal.com.

Posted on January, 29th 2003

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