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

    HALIFAX, July 9 /CNW/ - Killam Properties Inc. (TSX:KMP) will be
releasing its financial results for the second quarter ended June 30, 2008 on
Wednesday, August 6th, 2008 after the market closes. A conference call to
discuss these results will be held on Thursday, August 7th, 2008 at
8:30 am EST.
    The dial-in numbers for the conference call are:

    In Toronto: 416-644-3419

    Outside Toronto (toll free, within North America): 800-731-5774

    A live audio webcast of the conference call will be accessible on the
Company's website at and at
    A replay will be available by dialing (416) 640-1917 or (877) 289-8525
and entering passcode 21277778, followed by the number sign, until midnight,
August 14, 2008, or on the Company's website for 90 days after the conference

    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.

    This news release shall not constitute an offer to sell or the
solicitation of an offer to buy securities in any jurisdiction. The common
shares of Killam have not and will not be registered under the United States
Securities Act of 1933, as amended (the "1933 Act"), or the securities laws of
any state of the United States, and may not be offered or sold in the United
States or to any U.S. person absent registration or an applicable exemption
therefrom under the 1933 Act and the securities laws of all applicable states.

    Note: The Toronto Stock Exchange has neither approved or disapproved of
    the information contained herein.

For further information:

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

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