BTB REAL ESTATE INVESTMENT TRUST ANNOUNCES ITS DISTRIBUTION FOR THE MONTH OF
OCTOBER 2010

News provided by

BTB Real Estate Investment Trust

Oct 14, 2010, 11:59 ET

MONTREAL, Oct. 14 /CNW Telbec/ - The trustees of BTB Real Estate Investment Trust (TSX-V: BTB.UN) ("BTB") announced today that the monthly cash distribution for the month of October 2010 is $0.0067 per unit, representing $0.08 per unit on an annualized basis. The cash distribution will be paid on November 15, 2010 to unitholders of record on October 29, 2010.

As at the close of business on October 13, 2010, 33,691,725 units of BTB were issued and outstanding.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

BTB Real Estate Investment Trust

Mr. Michel Léonard
President and Chief Executive Officer
514-286-0188 ext. 228

Organization Profile

BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB REIT invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 75 properties, representing...