MORGUARD CORPORATION AND MORGUARD REAL ESTATE INVESTMENT TRUST 2010 THIRD
QUARTER RESULTS CONFERENCE CALL

MISSISSAUGA, ON, Oct. 29 /CNW/ - Rai Sahi, Chief Executive Officer of both Morguard Corporation and Morguard REIT, invites you to participate in a joint conference call on Wednesday November 3, 2010 at 3:30 p.m. (ET) to discuss the financial results for the quarter ended September 30, 2010.

An overview of Morguard REIT's financial results will be provided by Tim Walker, CFO of Morguard REIT, to be followed by Paul Miatello, CFO of Morguard Corporation. A joint question and answer session will then follow.

To participate in the conference call, please dial 647-427-7450 or 1-888-231-8191. Please quote conference ID# 22367574.

For those unable to participate, a taped replay will be available after the completion of the call from 6:00 p.m. (ET) until midnight on December 3, 2010. To access the replay, dial 416-849-0833 or 1-800-642-1687 and enter the passcode number 22367574#.

For further information:

or information about this conference call, please contact
Joyce Taylor at 905-281-5856 or [email protected]