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Press release from CNW Group

Cominar Real Estate Investment Trust Announces May 2011 Monthly Distribution

Friday, May 13, 2011

Cominar Real Estate Investment Trust Announces May 2011 Monthly Distribution12:21 EDT Friday, May 13, 2011TSX - CUF.UNQUEBEC CITY, May 13 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today a distribution of 12.0 cents per unit to unitholders of record as at May 31, 2011, payable on June 15, 2011.PROFILE as at May 13, 2011Cominar is the largest commercial property owner in the Province of Québec. The REIT owns a real estate portfolio of 263 high-quality properties, consisting of 52 office, 52 retail and 159 industrial and mixed-use buildings that cover a total area of 20.8 million square feet in the Greater Québec City, Montréal and Ottawa areas as well as in the Atlantic Provinces. Cominar's objectives are to deliver growing cash distributions to its unitholders and to maximize unitholder value through proactive management and the growth of its portfolio.The REIT has a distribution reinvestment plan for its unitholders that allows participants to reinvest their monthly distributions in additional Trust units. Participants will be given the right to receive an effective discount of 5% of distributions to which they are entitled in the form of additional units. Additional information and enrolment forms are available at www.cominar.com.For further information: Michel Dallaire, Eng., President and Chief Executive OfficerMichel Berthelot, CA, Executive Vice President and Chief Financial OfficerTel: (418) 681-8151 mdallaire@cominar.com mberthelot@cominar.com