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Press release from PR Newswire

Kingsway Postpones Shareholders' Meeting

Monday, May 06, 2013

Kingsway Postpones Shareholders' Meeting

17:20 EDT Monday, May 06, 2013

TORONTO, May 6, 2013 /PRNewswire/ - (TSX: KFS, NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") announced today that its Board of Directors has decided to postpone the Annual and Special Shareholders' Meeting scheduled for May 13, 2013 to June 4, 2013 in order to accommodate administrative requirements.  The time and place of the meeting remains unchanged.

About the Company

Kingsway is a holding company functioning as a merchant bank with a focus on long-term value-creation.  The Company owns or controls stakes in several insurance industry assets and utilizes its subsidiaries, 1347 Advisors LLC and 1347 Capital LLC, to pursue opportunities acting as an advisor, an investor and a financier. The common shares of Kingsway are listed on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbol "KFS."

Forward Looking Statements

This press release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects", "believes", "anticipates", "intends", "estimates", "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward looking statements relate to future events or future performance, but reflect Kingsway management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward looking statements, including, without limitation, our potential inability to complete current or future acquisitions successfully, our inability to successfully implement our restructuring activities, and our inability to adequately estimate and provide for an appropriate level of reserving at our insurance company subsidiaries. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, please refer to the section entitled "Risk Factors" in the Company's 2012 Annual Report.  Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

SOURCE Kingsway Financial Services Inc.

For further information: <p> <b>Additional Information</b> </p> <p> Additional information about Kingsway, including a copy of its 2012 Annual Report, can be accessed on the Canadian Securities Administrators' website at <a href="http://www.sedar.com">www.sedar.com</a>, on the EDGAR section of the U.S. Securities and Exchange Commission's website at <a href="http://www.sec.gov">www.sec.gov</a> or through the Company's website at <a href="http://www.kingsway-financial.com">www.kingsway-financial.com</a>. </p>

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