KOF Kaufman and Broad

Paris, October 19^th 2018

TERMINATION AND IMPLEMENTATION OF A LIQUIDITY AGREEMENT

As of October 22nd, 2018 and for a period of one year automatically renewable, Kaufman & Broad SA requested the financial institution Rothschild Martin Maurel to implement a liquidity contract in with the provisions of the legal framework in force, and in particular the provisions of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 especially its articles 5 and 13, the provisions of articles L. 225-209 and following of the Commercial Code, as well as the French Financial Market Autority (AMF) decision of March 21^st, 2011.

As of October 19th, 2018, the liquidity contract was terminated by the Company Kaufman & Broad SA to Kepler Cheuvreux, contract  signed originally on August 1^st ,2016.

To date, the following assets were in the liquidity account:

• 283,138.17 euros
• 32,765 shares Kaufman & Broad SA

For the implementation of this contract, the following resources have been allocated to the liquidity account:

• 283,138.17 euros
• 32,765 shares Kaufman & Broad SA

It is recalled that at the last biannual report (June 30^th, 2018), the following resources were in the liquidity account:

• 858,422.34 euros
• 19,926 shares Kaufman & Broad SA

This press release is available at www.kaufmanbroad.fr

Contacts

About Kaufman & Broad - Kaufman & Broad has been designing, building, and selling single-family homes in communities, apartments, and offices on behalf of third parties for 50 years. Kaufman & Broad is one of the leading French developers-builders due to the combination of its size and profitability, and the strength of its brand.

The Kaufman & Broad Registration Document was filed with the French Financial Markets Authority ("AMF") under No. D.18 0226 on March 29, 2018. It is available on the AMF (www.amf-france.org) and Kaufman & Broad (www.kaufmanbroad.fr) websites. It contains a detailed description of Kaufman & Broad's business activities, results, and outlook, as well as the associated risk factors. Kaufman & Broad specifically draws attention to the risk factors set out in Chapter 1.2 of the Registration Document. The occurrence of one or more of these risks may have a material adverse effect on the Kaufman & Broad Group's business activities, net assets, financial position, results, and outlook, as well as on the price of Kaufman & Broad's shares.
This press release does not amount to, and cannot be construed as amounting to a public offering, a sale offer or a subscription offer, or as intended to seek a purchase or subscription order in any country.

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