We intend to build on the success and momentum of 2010
and move ever closer to our vision of being the premier

owner and manager of high-quality shopping centers.

The Kimco Spirit

The challenges and responsibilities facing a public company are ever increasing, but our mandate of increasing shareholder value remains paramount. To accomplish this primary objective, we concentrate on offering creative leasing options and providing the highest quality management of our shopping centers for our tenants; we manage our balance sheet responsibly; we focus on execution excellence for our investment partners; we provide a secure and motivating environment for our associates; and we aim to deliver a steadily growing, secure and sustainable dividend for our shareholders. We also are ever mindful of the increasing need to broaden our corporate mandate for social and environmental responsibility.

The 700 associates of Kimco are up for the challenge. The dedication and steadfastness of our people was evident through the downturn in the economy. Their focus, creativity, and resolve were on display as the operating environment improved, and now their energy and excitement is growing as the momentum increases in our business.

The Kimco team has never been more determined to deliver outstanding results for all of our stakeholders— shareholders, tenants, equity investment partners, and Kimco associates alike. Our intense passion for the shopping center business bodes well for our future together.

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