Whiterock REIT Declares March Distribution

TSX - WRK.UN

TORONTO, March 19 /CNW/ - Whiterock Real Estate Investment Trust ("Whiterock") announced today that its distribution declared for the month of March 2010 is $0.14025, representing $1.683 per Unit on an annualized basis, an annualized yield of approximately 11.3% based on the March 18, 2010 Unit closing price of $14.85. Payment of March's distribution will be made on or about April 15, 2010 to Unitholders of record on March 31, 2010.

At the close of business on March 18, 2010, Whiterock had 13,505,139 Units issued and outstanding.

Reinvestment Program

Whiterock's Distribution Reinvestment Plan allows Unitholders to purchase additional Units using their distributions, without brokerage fees, at 96% of the volume weighted average trading price for the ten days immediately preceding a distribution payment date. The enrolment form and further details are available at www.whiterockreit.ca/drip.html.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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For further information: www.whiterockreit.ca; Frank Bucys, CFO, [phone]; Jennifer Kosloski, Controller, [phone]