Business Specialties Investments
Kimco Realty Buys Plazacorp Retail Properties Shares
July 18, 2008

Kimco Realty Corp'.'s subsidiary, Kimco Realty Services, Inc. purchased 1,000,000 common shares of Plazacorp Retail Properties Ltd., representing approximately 2.14 percent of the outstanding common shares of Plazacorp. The companies now own, in the aggregate, 6,680,032 common shares, representing approximately 14.28 percent of the outstanding common shares of Plazacorp, a publicly traded Canadian company. Kimco Realty Corporation or its affiliates have an option to purchase additional shares or otherwise trade in securities of Plazacorp from time to time depending on market conditions and other considerations.

 
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