Calloway Real Estate Investment Trust

Calloway Real Estate Investment Trust

April 11, 2006 15:41 ET

Calloway Real Estate Investment Trust Declares April 2006 Distribution

TORONTO, ONTARIO--(CCNMatthews - April 11, 2006) - Calloway REIT (TSX:CWT.UN) (TSX:CWT.DB) today announced that the trustees of the REIT have declared a distribution for the month of April 2006 of $0.12083 per trust unit, representing $1.45 per unit on an annualized basis. Payment will be made on or about May 15, 2006 to unitholders of record on April 28, 2006.

Calloway Real Estate Investment Trust is an unincorporated open-end real estate investment trust created to invest in a geographically diversified portfolio of high quality retail shopping centres in Canada.

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