TORONTO, ONTARIO--(Marketwire - May 17, 2012) - DUNDEE INTERNATIONAL REIT (TSX:DI.UN) today announced a cash distribution in the amount of $0.06667 per Unit for the month of May. The May distribution will be payable on June 15, 2012 to unitholders of record as at May 31, 2012.

Dundee International REIT is an unincorporated, open-ended real estate investment trust that provides investors with the opportunity to invest in commercial real estate exclusively outside of Canada. Dundee International REIT's portfolio currently consists of approximately 12.8 million square feet of gross leasable area of office, industrial and mixed use properties across Germany. For more information, please visit www.dundeeinternational.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

P. Jane Gavan
Dundee International REIT
President and Chief Executive Officer
(416) 365-6572
jgavan@dundeeinternational.com

OR

Douglas P. Quesnel
Dundee International REIT
Chief Financial Officer
(416) 365-4134
dquesnel@dundeeinternational.com
www.dundeeinternational.com