Killam Properties Inc. announces timing of release of third quarter results



    HALIFAX, Oct. 7 /CNW/ - Killam Properties Inc. (TSX:KMP) will be
releasing its financial results for the third quarter ended September 30, 2008
on Tuesday, November 4th, 2008 after the market closes. A conference call to
discuss these results will be held on Wednesday, November 5th, 2008 at
10:00 am EST. Presentation material will be available to accompany
management's comments during the conference call on Killam's website at
www.killamproperties.com.

    The dial-in numbers for the conference call are:

    In Toronto: 416-644-3417

    Outside Toronto (toll free, within North America): 800-732-0232

    A live audio webcast of the conference call will be accessible on the
Company's website and at www.newswire.ca.

    A replay will be available by dialing (416) 640-1917 or (877) 289-8525
and entering passcode 21285787, followed by the number sign, until midnight,
November 12th, 2008, or on the Company'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 nor disapproved of
the information contained herein. Certain statements in this report may
constitute forward-looking statements relating to our operations and the
environment in which we operate, which are based on our expectations,
estimates, forecast and projections, which we believe are reasonable as of the
current date. 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. For more
exhaustive information on these risks and uncertainties, you should refer to
our most recently filed annual information form which is available at
www.sedar.com. Readers, therefore, should not place undue reliance on any such
forward-looking statements. Further, a forward-looking statement speaks only
as of the date on which such statement is made and should not be relied upon
as of any other date. Other than as required by law, Killam does not undertake
to update any of such forward-looking statements.




For further information:

For further information: Dale Noseworthy, Director, Investor & External
Relations, Killam Properties Inc., (902) 442-0388, Fax: (902) 455-4525,
dnoseworthy@killamproperties.com; www.killamproperties.com

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Killam Properties Inc.

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