KP REIT announces resolution passed at AGM

Kingston Properties Limited has advised that the following resolution was passed at its Annual General Meeting held on Thursday, June 9, 2011. "To authorize the Directors to issue and/or allot such of the authorized capital of the Company as is presently unissued in the form of Preference Shares, the same to be issued and/or allotted with rights/restrictions as may be fixed by the Directors or a Committee of Directors"