InterRent Real Estate Investment Trust
TSX : IIP.UN

InterRent Real Estate Investment Trust

August 05, 2009 09:35 ET

InterRent REIT to Hold Conference Call to Provide an Update on CLV Group Transaction

TORONTO, ONTARIO--(Marketwire - Aug. 5, 2009) - InterRent Real Estate Investment Trust (TSX:IIP.UN) ("InterRent") today announced it will hold a conference call on Thursday, August 6, 2009 at 10 a.m. ET to provide an update on its recently announced CLV Group transaction.

After conducting a thorough and careful review process to evaluate proposals to maximize unitholder value, the REIT determined that the proposal submitted by CLV Group Inc. represented the best alternative for all of the REIT's unitholders and stakeholders.

The event will be hosted by G. Michael Newman, Chief Executive Officer and Victor Stone, Trustee and Member of the Special Committee.

The numbers to call to listen to the conference are 416-695-7806 or 1-888-789-9572 followed by the passcode 47920#. A simultaneous live audio webcast will be available and archived on www.interrentreit.com.

About InterRent

InterRent is a rapidly expanding, growth oriented real estate investment trust engaged in building unitholder value through the accretive acquisition, ownership and operation of strategically located income producing multi-residential real estate, with 4,033 apartment suites under ownership.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "anticipated", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". InterRent is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. A full description of these risk factors can be found in InterRent's publicly filed information which may be located at www.sedar.com. InterRent cannot assure investors that actual results will be consistent with these forward looking statements and InterRent assumes no obligation to update or revise the forward looking statements contained in this release to reflect actual events or new circumstances.

The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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