TABLE-Kerry Prop year net profit down 54 pct

March 18 (Reuters) - Year ended December 31, 2008

(in million HK$ unless stated)

Shr (H.K. cents) 214.0 vs 495.0

Final Div (H.K. cents) 40.0 vs 65.0

Net 3,050.59 vs 6,563.09

Turnover 13,115.70 vs 11,272.39

Company name Kerry Properties Ltd.

Books close May 7-8

Dividend payable May 15

NOTE - Kerry (0683.HK) is a property investor and developer.

The calculation of share earnings is based on the weighted
average of 1,425.93 million shares in issue during the period vs
1,326.50 million shares the same period a year ago.

Total dividend for the year is 70 H.K. cents (including
interim dividend of 30 cents) vs 95 cents.

The mean forecast, according to a poll by Reuters Estimates,
was for net profit of HK$3.1 billion for the year.
(Reporting by Raymond Leung in Hong Kong)