Krupp Affiliate to Make Exchange Offers

Berkshire Income Realty Inc., Boston, a newly formed affiliate of the Krupp Funds Group, has announced that it will make exchange offers to the holders of interests in six Krupp funds for its 9% series A cumulative redeemable preferred stock.Berkshire said a separate exchange offer will be made for the interests in each of the following funds: Krupp Government Income Trust; Krupp Government Income Trust II; Krupp Insured Mortgage LP; Krupp Insured Plus LP; Krupp Insured Plus II LP; and Krupp Insured Plus III LP. The exchange offers will expire on Feb. 20, unless extended. Berkshire, which intends to acquire, own, and operate multifamily residential properties, can be found on the Web at http://www.berkshire-group.com.

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