Killam Properties third quarter 2007 results and conference call

    HALIFAX, Oct. 2 /CNW/ - Killam Properties Inc. (KMP-TSX) will be
releasing its financial results for the quarter ended September 30, 2007 on
Tuesday, November 6th, 2007 after the market closes. A conference call to
discuss these results will be held on Wednesday, November 7th, 2007 at 4:00 PM
Atlantic time (3:00 PM Eastern).

    The dial-in numbers for the conference call are:

    In Toronto: 416-644-3414

    Outside Toronto (toll free, within North America): 800-733-7571

    To register for the conference please RSVP to Investor Relations at
902-442-0388 or by email to
    A live audit webcast of the conference call will be accessible on the
Company's website at and at
    A replay will be available by dialling (416) 640-1917 or (877) 289-8525
and entering passcode 21248680, followed by the number sign, until midnight,
Wednesday, November 14, 2007, or on the Company's website for 90 days after
the meeting.

    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.

For further information:

For further information: Dale Noseworthy, CA, CFA Director, Investor and
External Relations, Killam Properties Inc., (902) 442-0388,,

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