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Press release from Marketwire

Calloway REIT Declares June 2013 Distribution

Monday, June 17, 2013

Calloway REIT Declares June 2013 Distribution

11:29 EDT Monday, June 17, 2013

TORONTO, ONTARIO--(Marketwired - June 17, 2013) - Calloway Real Estate Investment Trust ("Calloway") (TSX:CWT.UN) announced that the trustees of the REIT have declared a distribution for the month of June 2013 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on July 15, 2013 to unitholders of record on June 28, 2013.

About Calloway

Calloway is one of Canada's largest real estate investment trusts with an enterprise value of approximately $6.7 billion. It owns and manages approximately 26 million square feet in 115 value-oriented retail centres having the strongest national and regional retailers, as well as strong neighbourhood merchants. Calloway's vision is to provide a value-oriented shopping experience to Canadian consumers. For more information on Calloway, visit www.callowayreit.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Calloway Real Estate Investment Trust
Mario Calabrese
Interim Chief Financial Officer
(905) 326-6400 ext. 7610
www.callowayreit.com

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