Press Release

Kite Realty Group Trust to Report First Quarter 2009 Financial Results on May 7, 2009

Company Release - 4/13/2009

INDIANAPOLIS--(BUSINESS WIRE)-- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ended March 31, 2009 after the market closes on Thursday, May 7th. The Company will conduct a conference call to discuss its financial results on Friday, May 8th at 11:00 a.m. EST.

A live webcast of the conference call will be available online on the Company's corporate website at www.kiterealty.com. The dial-in numbers are (888) 713-4211 for domestic callers and (617) 213-4864 for international callers (passcode 66008319). In addition, a telephonic replay of the call will be available until August 8, 2009. The replay dial-in telephone numbers are (888) 286-8010 for domestic callers and (617) 801-6888 for international callers (passcode 32194647).

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 the document may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, performance, transactions or achievements, financial or otherwise, may differ materially from the results, performance, transactions or achievements expressed or implied by the forward-looking statements. Risks, uncertainties and other factors that might cause such differences, some of which could be material, include, but are not limited to: national and local economic, business, real estate and other market conditions, particularly in light of the current recession and governmental action and policies; financing risks, including accessing capital on acceptable terms; the level and volatility of interest rates; the financial stability of tenants, including their ability to pay rent; the competitive environment in which the Company operates; acquisition, disposition, development and joint venture risks; property ownership and management risks; the Company's ability to maintain its status as a real estate investment trust ("REIT") for federal income tax purposes; potential environmental and other liabilities; other factors affecting the real estate industry generally. The Company undertakes no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. 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 "Business Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2008, 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.

    Source: Kite Realty Group Trust
Contact: Kite Realty Group Trust Dan Sink, Chief Financial Officer, 317-577-5609 dsink@kiterealty.com or Investors/Media: Adam Chavers, Director of Investor Relations, 317-713-5684 achavers@kiterealty.com