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Christina Cha

Vice President of Corporate Communication

News Releases

BEVERLY HILLS, Calif. (December 4, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.09 per share to common shareholders of record as of December 31, 2014 with a payment date of January 8, 2015. The quarterly payment equates to an annual dividend of $0.36 per common share. 
 
 
About Kennedy Wilson

BEVERLY HILLS, Calif. (November 20, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the Company purchased Bella Sonoma, a 280‐unit apartment community located in Fife, WA, for $46.75 million investing $11.1 million of equity in the transaction (inclusive of closing costs). The Company also secured new debt of $37.3 million through Fannie Mae with 5-years interest only, fixed rate over 10 years at 3.59%. This acquisition increases the total 2014 purchases in the Pacific Northwest to 2,185 units.

BEVERLY HILLS, Calif. (November 13, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the Company purchased Reflections at River’s Edge, a 324‐unit apartment community located in Boise, Idaho for $29.75 million investing $15.3 million of equity in the transaction (including closing costs). The Company also assumed debt of $15.2 million through Fannie Mae at a fixed rate of 5.3% with 5-years of interest only remaining.

BEVERLY HILLS, Calif. (November 12, 2014) – Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of global real estate investment and services company Kennedy-Wilson Holdings, Inc. (NYSE: KW), today announced that it priced its previously announced offering of an additional $350 million of its 5.875% senior notes due 2024 (the “Notes”). The Notes will be issued as additional notes under the indenture pursuant to which Kennedy Wilson issued $300 million aggregate principal amount of its 5.875% Senior Notes due 2024 (the “Initial Notes”) in March 2014. The Notes will have substantially identical terms as the Initial Notes and will be treated as a single series with the Initial Notes under the indenture. Holders of the Notes and the Initial Notes will vote as one class under the indenture. The Notes will be Kennedy Wilson’s senior unsecured obligations and will be guaranteed by Kennedy-Wilson Holdings, Inc. and certain subsidiaries of Kennedy Wilson. Closing of the offering is expected to occur on November 18, 2014, subject to customary closing conditions.

BEVERLY HILLS, Calif. (November 12, 2014) – Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of global real estate investment and services company Kennedy-Wilson Holdings, Inc. (NYSE: KW), today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of its 5.875% Notes due 2024 (the “Notes”). The Notes will be issued as additional notes under the indenture pursuant to which Kennedy Wilson issued $300 million aggregate principal amount of its 5.875% Senior Notes due 2024 (the “Initial Notes”) in March 2014. The Notes will have substantially identical terms as the Initial Notes and will be treated as a single series with the Initial Notes under the indenture. Holders of the Notes and the Initial Notes will vote as one class under the indenture. The Notes will be Kennedy Wilson’s senior unsecured obligations and will be guaranteed by Kennedy-Wilson Holdings, Inc. and certain subsidiaries of Kennedy Wilson.

BEVERLY HILLS, Calif. (November 5, 2014) - Kennedy-Wilson Holdings, Inc. (NYSE: KW) today reported results for the third quarter of 2014.

For the three months ended September 30, 2014:

• Adjusted EBITDA was $69.5 million, up 67% from $41.5 million for the same period in 2013.

• Adjusted Net Income was $30.5 million or $0.34 per basic share compared to $15.2 million or $0.21 per basic share for the same period in 2013.

• GAAP net income to common shareholders was a loss of $2.2 million or $0.03 loss per basic and diluted share compared to a loss of $4.1 million or $0.06 loss per basic and diluted share for the same period in 2013.

BEVERLY HILLS, Calif. (October 30, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the Company and its equity partners purchased Villas at Homestead, a 312‐unit apartment community located in Centennial, Colorado, for $56.75 million from DiNapoli Capital Partners. The Company and its equity partners invested an aggregate of $15.5 million of equity in the transaction (inclusive of closing costs) of which the Company’s initial share is approximately 13%. The Company and its equity partners also assumed debt of $33.0 million through Fannie Mae and secured a coterminous supplemental seven-year floating rate loan of approximately $10.1 million.

BEVERLY HILLS, Calif. (September 4, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.09 per share to common shareholders of record as of September 30, 2014 with a payment date of October 7, 2014. The quarterly payment equates to an annual dividend of $0.36 per common share.

BEVERLY HILLS, Calif. (September 2, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company purchased a 100% interest in Tabula Rasa, an 118‐unit apartment community located in Tumwater, Washington for $20.8 million. The asset was acquired from a financial institution which had been the lender on the property. Kennedy Wilson invested $8.0 million of equity in the transaction (inclusive of closing costs) and secured a seven-year $13.5 million loan through Freddie Mac.

BEVERLY HILLS, Calif. (August 28, 2014) – Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced the completion of 66 multifamily units at the Rock, a premier retail, residential and entertainment center totaling approximately 888,000 square feet located in Bury, a town in Greater Manchester in the United Kingdom.