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Press release from Marketwire

Calloway REIT Third Quarter Results and Conference Call

Tuesday, October 18, 2011

Calloway REIT Third Quarter Results and Conference Call12:41 EDT Tuesday, October 18, 2011TORONTO, ONTARIO--(Marketwire - Oct. 18, 2011) - Calloway Real Estate Investment Trust ("Calloway") (TSX:CWT.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2011 on Wednesday November 2, 2011.Calloway will hold a conference call on Thursday November 3, 2011 at 10:00 a.m. (ET). Participating on the call will be members of Calloway's senior management.Investors are invited to access the call by dialing 1-800-814-4860. You will be required to identify yourself and the organization on whose behalf you are participating. A recording of this call will be made available Thursday November 3, 2011 beginning at 12:00 p.m. (ET) through to 11:59 p.m. (ET) on Thursday November 10, 2011. To access the recording, please call 1-877-289-8525 and use the reservation number 4480979#. About Calloway Calloway is one of Canada's largest real estate investment trusts with an enterprise value of $5.7 billion. It owns and manages 25 million square feet in 118 value-oriented retail centres having the strongest national and regional retailers, as well as strong neighbourhood merchants. Walmart will continue to be the dominant anchor tenant in the portfolio, and we expect their presence will continue to attract other retailers and consumers. Calloway's vision is to provide a value-oriented shopping experience to Canadian consumers.FOR FURTHER INFORMATION PLEASE CONTACT: Al MawaniCalloway Real Estate Investment TrustPresident and Chief Executive Officer(905) 326-6400 ext. 7649ORBart MunnCalloway Real Estate Investment TrustChief Financial Officer(905) 326-6400 ext. 7631