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Key Real Estate Ltd (KEYP)

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Monday 02 March, 2009

Key Real Estate Ltd

Statement re withdrawal from PLUS



2nd March 2009

                                        Key Real Estate Limited
                                       (the "Company" or "KREL")

                                         Withdrawal from Plus

The  directors of KREL announce today the Company's intention to withdraw its securities from the PLUS
Market.

Under  the  PLUS rules, the Company is required to give shareholders a period of 10 business  days  to
object to the intended withdrawal of its securities from PLUS Market. Any shareholder wishing to raise
an objection should contact PLUS in confidence by 16th March 2009.

Having given due consideration to the advantages and disadvantages of the listing as well as the cost,
the view of the directors is that it would be more beneficial for the Company and the shareholders  if
the Company were to proceed to delist from PLUS.

The Company's share register will be maintained at the registered office at Aston House, Cromwell
Avenue, London N3 1LF.

The directors of the issuer accept responsibility for the contents of this announcement

                                              ---ENDS---

Key Real Estate Ltd:
Piers Linney                   Tel: 0845 0569 705

Fisher Corporate Plc:
Carolyn Hazard                 Tel: 0207 388 7000

Key Real Estate Ltd