Dundee REIT

Dundee REIT

May 16, 2008 13:29 ET

Dundee REIT May 2008 Distribution

TORONTO, ONTARIO--(Marketwire - May 16, 2008) - DUNDEE REIT (TSX:D.UN) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of May. The May distribution will be payable on June 15, 2008 to unitholders of record as at May 30, 2008.

Dundee REIT is an unincorporated, open-ended real estate investment trust and provides high quality, affordable business premises. It is focused on owning, acquiring, leasing and managing mid-sized urban and suburban office and industrial properties in Canada. Dundee REIT's portfolio currently consists of approximately 7.1 million square feet of gross leasable area, located primarily in Western Canada. Dundee REIT's portfolio is well diversified by geographic location and tenant mix. For more information, please visit www.dundeereit.com.

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