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Press release from Marketwire

RioCan Real Estate Investment Trust Announces October 2012 Distribution

Monday, October 15, 2012

RioCan Real Estate Investment Trust Announces October 2012 Distribution09:00 EDT Monday, October 15, 2012TORONTO, ONTARIO--(Marketwire - Oct. 15, 2012) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.5 cents per unit for the month of October. The distribution will be payable on November 7, 2012 to unitholders of record as at October 31, 2012. About RioCanRioCan is Canada's largest real estate investment trust with a total capitalization of approximately $13.6 billion as at June 30, 2012. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 336 retail properties containing an aggregate of approximately 79.4 million square feet, including 48 grocery anchored and new format retail centres containing 12.3 million square feet in the United States through various joint venture arrangements as at June 30, 2012. RioCan's portfolio also includes 10 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.FOR FURTHER INFORMATION PLEASE CONTACT: Rags DavloorRioCan Real Estate Investment TrustExecutive Vice President & CFO(416) 642-3554www.riocan.com