Item 8.01 Other Events

On February 25, 2009, Paul O. Koether gifted 750,000 shares of Kent Financial Services, Inc. common stock to Jennifer S. Healey, his daughter. Concurrent with the gift, Jennifer S. Healey appointed Paul O. Koether ("Agent") as her proxy agent, with full power of substitution, to vote the 750,000 shares of common stock in the Company with respect to all matters submitted to the shareholders at all meetings of the shareholders, or any adjournments thereof, and in all consents to any actions taken without a meeting. The term of the appointment shall be from February 25, 2009 until the earlier of February 28, 2013 or the death or incapacity of the Agent.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

10.4 Irrevocable proxy agreement between Jennifer S. Healey and Paul O.
Koether

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