KILLAM PROPERTIES INC. ANNOUNCES TIMING OF FIRST QUARTER 2011 RESULTS AND CONFERENCE CALL

HALIFAX, April 15 /CNW/ - Killam Properties Inc. (TSX: KMP) will be releasing its financial results for the first quarter ended March 31, 2011 on Tuesday, May 10, 2011 after the market closes. A conference call to discuss these results will be held on Wednesday, May 11, 2011 at 10:00 AM Atlantic time (9:00 AM Eastern).

The dial-in numbers for the conference call are:

In Toronto: 647-427-7450

Outside Toronto (toll free, within North America): 888-231-8191

A live audio webcast of the conference call will be accessible on the "Investors" section of Killam's website at www.killamproperties.com and at www.newswire.ca.

A replay will be available by dialing 416-849-0833 (Toronto) or 800-642-1687 (toll-free) and using the passcode 60652523 until May 18, 2011, or on the Killam's website for 90 days after the conference call.

Killam Properties Inc, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning and operating multi-family apartments and manufactured home communities.

Note: The Toronto Stock Exchange has neither approved or disapproved of the information contained herein.  Certain statements in this report may constitute forward-looking statements.  Such forward-looking statements involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Killam to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Killam does not undertake to update any of such forward-looking statements.

SOURCE KILLAM PROPERTIES INC.

For further information:

Killam Properties Inc.
Dale Noseworthy 
Vice President, Investor Relations & Corporate Planning
dnoseworthy@killamproperties.com
Phone: (902) 442-0388 
www.killamproperties.com

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KILLAM PROPERTIES INC.

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