Business Services Industry

Kite Realty Group Trust to Present At 17th Annual Wachovia Nantucket Equity Conference

Business Wire, June 18, 2007

INDIANAPOLIS -- Kite Realty Group Trust (NYSE:KRG) announced today that John Kite, President and Chief Executive Officer will present at the 17th Annual Wachovia Nantucket Equity Conference on Wednesday, June 27, 2007 at 2:00 p.m. EDT.

An audio-only webcast link and presentation materials will be made available in the Investor Relations section of the Company's website at www.kiterealty.com. The presentation will consist of an overview of the Company, followed by an informal question and answer session. Participants are encouraged to log on at least five minutes prior to the start of the presentation to register and download any necessary software. A replay of the webcast will be available for 90 days.

About Kite Realty Group Trust

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust engaged in the ownership, operation, management, leasing, acquisition, construction, expansion and development of high quality neighborhood and community shopping centers in selected growth markets in the United States. The Company owns interests in a portfolio of operating retail properties, retail properties under development, operating commercial properties, a related parking garage, and parcels of land that may be used for future development of retail or commercial properties.

Safe Harbor Statement

Certain statements in this document that are not historical fact may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results of the Company to differ materially from historical results or from any results expressed or implied by such forward-looking statements, including without limitation: national and local economic, business, real estate and other market conditions; the ability of tenants to pay rent; the competitive environment in which the Company operates; financing risks; property ownership and management risks; the level and volatility of interest rates; financial stability of tenants; the Company's ability to maintain its status as a REIT for federal income tax purposes; acquisition, disposition, development and joint venture risks; potential environmental and other liabilities; and other factors affecting the real estate industry generally. The Company refers you to the documents filed by the Company from time to time with the Securities and Exchange Commission, specifically the section titled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2006, which discusses these and other factors that could adversely affect the Company's results. Except as otherwise required by the federal securities laws, the Company assumes no liability to update the information in this press release.

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