Trust releases annual report and pays final distribution

NZX RELEASE

19 June 2012

Kiwi Income Property Trust releases annual report and pays final distribution

Kiwi Income Property Trust today released its 2012 annual report and paid its final distribution for the year ended 31 March 2012.

The final cash distribution of 3.50 cents per unit, comprising an excluded distribution of 1.70 cents per unit and an imputed distribution of 1.80 cents per unit, has been paid together with imputation credits of 0.70 cents per unit.

The annual report has been distributed to investors today. The report is also available on the Trust’s website at www.kipt.co.nz/reports. Alternatively, a copy of the annual report can be requested by emailing info@kipt.co.nz.

ENDS

KIPT_2012Annual_Report.pdf

About Kiwi Income Property Trust

Kiwi Income Property Trust’s objective is to optimise returns for its Unit Holders through the careful acquisition, development and professional management of its property portfolio. The Trust is listed on the New Zealand Stock Exchange and is ranked within the top 15 on the NZX 50 Index, and is a member of the NZX 15 Index.

The total value of the Trust’s property portfolio is $2.01 billion. Assets include:

Key Retail Assets

Sylvia Park Shopping Centre Auckland

LynnMall Shopping Centre Auckland

Centre Place Shopping Centre Hamilton

The Plaza Shopping Centre Palmerston North

North City Shopping Centre Porirua

Northlands Shopping Centre Christchurch

Key Office Assets

Vero Centre Auckland

National Bank Centre Auckland

Beca House Auckland

The Majestic Centre Wellington

Unisys House Wellington

44 The Terrace Wellington

Kiwi Income Property Trust’s website address is www.kipt.co.nz

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