Kingston Properties Ltd – Repurchase of 1% Company Shares

Kingston Properties Ltd wishes to advise the Stock Exchange, shareholders and the investing public at large that the Board of Directors of Kingston Properties has authorized a buy-back of up to one percent (1%) of the company’s shares in issue for up to one year following the expiry of 21 days from the date of notice to the Stock Exchange. The repurchase of the shares will be conducted on an open market through the Company’s Stockbrokers.The Company’s cash flows will be the source of funds for the purchase of shares. Kingston Properties Ltd will advise its shareholders of the details of the purchase within 30 days of the repurchase of the shares