First Capital Realty Announces Election of Directors

TORONTO, May 31, 2016 /CNW/ - First Capital Realty Inc. (TSX: FCR), one of Canada's largest owners, developers and managers of grocery anchored, retail-focused urban properties, announced today the results of the election of directors at its annual meeting of shareholders held on May 31, 2016 (the "Meeting").

The total number of common shares represented by shareholders present in person or by proxy at the Meeting was 181,726,607, representing 79.3% of the Company's issued and outstanding common shares.

Each of the eight director nominees listed in the Company's management information circular dated April 12, 2016 were elected by resolution passed by a majority of the shareholders. Proxies were received to vote for the directors as follows:

Director	Proxy Votes For	Proxy % For	Proxy Votes Withheld	Proxy % Withheld
Jon N. Hagan	179,983,130	99.1	1,660,284	0.9
Chaim Katzman	176,468,852	97.2	5,174,562	2.8
Allan S. Kimberley	181,093,645	99.7	549,769	0.3
Susan J. McArthur	180,660,744	99.5	982,670	0.5
Bernard McDonell	181,079,349	99.7	564,065	0.3
Adam E. Paul	180,702,012	99.5	941,402	0.5
Dori J. Segal	179,144,442	98.6	2,498,972	1.4
Andrea Stephen	181,099,883	99.7	543,531	0.3

ABOUT FIRST CAPITAL REALTY (TSX: FCR)

First Capital Realty is one of Canada's largest owners, developers and managers of grocery anchored, retail-focused urban properties where people live and shop for everyday life. The Company currently owns interests in 161 properties, totaling approximately 24.9 million square feet of gross leasable area.

SOURCE First Capital Realty Inc.

Kay Brekken, Executive Vice President & CFO, [phone], [email protected]; Roger Chouinard, General Counsel & Corporate Secretary, [phone], [email protected], www.firstcapitalrealty.ca; TSX : FCR