Thursday, October 18, 2012

KMP - Killam Properties Inc. announces monthly dividend (CAD 0.0483)

Company: Killam Properties Inc.
Stock Name: KMP
Amount: CAD 0.0483
Announcement Date: 18/10/2012
Record Date: 29/10/2012

Dividend Detail:

HALIFAX, Oct. 18, 2012 /CNW/ - Killam Properties Inc. (TSX: KMP) is
pleased to announce that its Board of Directors has declared a dividend
pursuant to Killam's monthly dividend policy. The dividend of $0.04833
per common share will be paid on November 15, 2012 to shareholders of
record on October 31, 2012.

Killam Properties Inc. offers a Dividend Reinvestment Plan (the "DRIP").
The DRIP provides eligible shareholders with the opportunity to
reinvest their cash dividends, on each dividend payment date, in
additional common shares. Participating shareholders will also receive
an additional distribution of common shares representing 3% of the
amount of the dividend reinvested pursuant to the Plan.

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

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


For further information:

Killam Properties Inc.
Dale Noseworthy
Vice President, Investor Relations & Corporate Planning
(902) 442-0388

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