TSX Defers Consideration for Acceptance of Unitholder Rights Plan

TORONTO, Feb. 13, 2013 /CNW/ - KEYreit (TSX : KRE.UN) announced that it has been notified by the Toronto Stock Exchange (TSX) that it has deferred its consideration for acceptance of KEYreit's unitholder rights plan (the Rights Plan) until such time as the TSX is satisfied that the Ontario Securities Commission will not intervene pursuant to National Policy 62-202 - Take-Over Bids - Defensive Tactics.  Pursuant to TSX policies, the TSX automatically defers acceptance of shareholder rights plans adopted in response to specific take-over bids.

Even though the TSX has deferred its review of the Rights Plan, the Rights Plan remains in effect.  A copy of the Rights Plan is available at www.sedar.com.

About KEYreit

KEYreit (TSX: KRE.UN) is Canada's premier small-box retail property owner with 227 properties in nine provinces across Canada. KEYreit's properties are well located and geographically diverse across Canada with the majority of all properties containing long-term quadruple net leases.

To find out more about KEYreit (TSX: KRE.UN), visit our website at www.keyreit.com.

SOURCE: KEYreit

KEYreit unitholders, please contact:
Kingsdale Shareholder Services Inc.
1-888-518-1562 toll-free in North America
1-416-867-2272 outside of North America (collect calls accepted)
[email protected]

Media, please contact: 
Longview Communications Inc.
Alan Bayless 604-694-6035, [email protected]
Olena Lobach 416-649-8009, [email protected]