Media Advisory: Scott's REIT to hold Annual Meeting of Unitholders on
Thursday, April 22, 2010

TORONTO, April 16 /CNW/ - Scott's Real Estate Investment Trust (TSX: SRQ.UN) ("Scott's REIT") will hold its Annual Meeting of Unitholders on Thursday, April 22, 2010 at 2 p.m. EDT. John Bitove, Chairman and Chief Executive Officer, and Evelyn Sutherland, Chief Financial Officer, will be available to address questions from those present in person following the meeting and management's formal presentation. Details of the conference call and audio webcast are as follows:

    
    Date:        Thursday, April 22, 2010

    Time:        2 p.m. EST

    Location:    TSX Broadcast Centre - The Gallery
                 130 King Street West
                 Toronto, Ontario M5X 1J2

    Dial-in:     Call 647-427-7450 to participate. In order to join this
                 conference call, please provide the conference ID number:
                 68507069. Please allow 10 minutes to be connected to the
                 conference call.

    Webcast:    
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3027860

                 This is a listen-only audio webcast; Media Player or Real
                 Player is required to listen to the broadcast.

    Archive:     An archive of the audio webcast will be available at
                 www.scottsreit.com for 90 days following the original
                 broadcast.

    Note:        A slide presentation intended for simultaneous viewing with
                 the conference call will be available for viewing early in
                 the afternoon on Thursday, April 22, 2010 at
                 www.scottsreit.com.
    

For further information: For investor information, please contact: Trish Moran, [phone], [email protected]; For media information, please contact: Wilcox Group, [phone], [email protected]