Dundee REIT June 2008 Monthly Distribution

Tue Jun 17, 4:37 PM

TORONTO, ONTARIO--(Marketwire - June 17, 2008) - DUNDEE REIT (TSX: D-UN.TO) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of June. The June distribution will be payable on July 15, 2008 to unitholders of record as at June 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 7.2 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.

Contacts

Michael J. Cooper
Dundee REIT
Vice Chairman and Chief Executive Officer
(416) 365-5145
Email: mcooper@dundeereit.com

J. Michael Knowlton
Dundee REIT
President and Chief Operating Officer
(416) 365-2325
Email: mknowlton@dundeereit.com

Mario Barrafato
Dundee REIT
Senior Vice-President and Chief Financial Officer
(416) 365-4132
Email: mbarrafato@dundeereit.com
Website: www.dundeereit.com