HMT Halmont Properties Corp

HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today that the net
income for the three months ended March 31, 2011 was $0.41 million as compared
to income of $0.72 million for the three months ended March 31, 2010.


The financial results are based on International Financial Reporting Standards
("IFRS") unless otherwise noted and are unaudited.




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                                                    Three months ended      
(in millions except per share amounts)        March 31, 2011   March 31,2010
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Revenue                                           $     0.56      $     0.87
                                                                            
Net income  - total                               $     0.41      $     0.72
            - for common shareholders             $     0.24      $     0.32
                                                                            
Net income per share for common shareholders      $     0.00      $     0.00
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Halmont Properties Corporation invests directly in real estate and securities of
companies with real estate interests.


This news release includes certain forward looking statements including
management's assessment of the Company's future plans and operations based on
current views and expectations. All statements other than statements of historic
facts are forward looking statements. These statements contain substantial known
and unknown risks and uncertainties, some of which are beyond the Company's
control. The Company's actual results, performance or achievement could differ
materially from those expressed in, or implied by, these forward looking
statements. Readers should not place undue reliance on these forward looking
statements which represent estimates and assumptions only as of the date on
which such statements are made. The Company undertakes no obligation to publicly
revise or update any forward looking statements, whether as a result of new
information, future events or otherwise.

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