Press Release

Kite Realty Group Trust to Report First Quarter 2010 Financial Results on May 5, 2010

Company Release - 4/1/2010

INDIANAPOLIS--(BUSINESS WIRE)-- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ended March 31, 2010 after the market closes on Wednesday, May 5th. The Company will conduct a conference call to discuss its financial results on Thursday, May 6th at 1:00 p.m. eastern time.

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 (800) 299-9086 for domestic callers and (617) 786-2903 for international callers (passcode 39183577). In addition, a telephonic replay of the call will be available until August 5, 2010. The replay dial-in telephone numbers are (888) 286-8010 for domestic callers and (617) 801-6888 for international callers (passcode 39636268).

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

This press release may contain certain statements that are not historical fact and 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, particularly in light of the current recession; financing risks, including the availability of and costs associated with sources of liquidity; the Company's ability to refinance, or extend the maturity dates of, its indebtedness; the level and volatility of interest rates; the financial stability of tenants, including their ability to pay rent and the risk of tenant bankruptcies; 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; impairment in the value of real estate property the Company owns; risks related to the geographical concentration of our properties in Indiana, Florida and Texas; and other factors affecting the real estate industry generally. The Company refers you 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, 2009, which discuss these and other factors that could adversely affect the Company's results. The Company undertakes no obligation to publicly update or revise these forward-looking statements (including the FFO and net income estimates), whether as a result of new information, future events or otherwise.

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