Melcor Developments Ltd. Announces Change of Transfer Agent

EDMONTON, ALBERTA--(Marketwired - Sept. 25, 2015) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.

Melcor Developments Ltd (TSX:MRD) ("Melcor") announces today that effective October 2, 2015 (the "Effective Date"), CST Trust Company will replace Valiant Trust Company as the registrar and transfer agent of Melcor's Common Shares.

As of the Effective Date, all inquiries and correspondence relating to shareholder records, transfer of Common Shares, lost certificates or change of address should be directed to CST Trust Company as follows:

CST Trust Company

600, 333 7th Avenue SW

Calgary, AB T2P 2Z1

Phone: 1-800-387-0825 or 416-682-3860

Email: inquiries@canstockta.com

Web: https://www.canstockta.com

About Melcor Developments Ltd.

Melcor is a diversified real estate development and asset management company that transforms real estate from raw land through to high-quality finished product in both residential and commercial built form. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses.

Melcor has been focused on real estate since 1923. The company has built over 100 communities across Western Canada and today manages over 3.6 million sf in commercial real estate assets and residential rental units. Melcor is committed to building communities that enrich quality of life - communities where people live, work, shop and play.

Melcor's headquarters are located in Edmonton, Alberta, with regional offices throughout Alberta and in British Columbia and Arizona. Melcor has been a public company since 1968 and trades on the Toronto Stock Exchange (TSX:MRD).