Mr. Dale Noseworthy reports

KILLAM APARTMENT REIT ANNOUNCES TIMING OF FIRST QUARTER 2016 RESULTS AND CONFERENCE CALL

Killam Apartment Real Estate Investment Trust will release its financial results for the first quarter ended March 31, 2016, on Tuesday, May 10, 2016, after the market closes. A conference call to discuss the results will be held on Wednesday, May 11, 2016, at 2 p.m. ET.

The dial-in numbers for the conference call are as follows.

In Toronto:  416-340-8527

Outside Toronto (toll-free, within North America):  800-355-4959

A live audio webcast of the conference call will be accessible on Killam's website. A replay will be available on Killam's website for 90 days after the conference call.