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News from Marketwire

RioCan Real Estate Investment Trust Announces November 2009 Distribution

13:36 EST Friday, November 13, 2009

TORONTO, ONTARIO--(Marketwire - Nov. 13, 2009) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.5 cents per unit for the month of November. The distribution will be payable on December 7, 2009 to unitholders of record as at November 30, 2009.

About RioCan

RioCan is Canada's largest real estate investment Trust with a total capitalization of approximately $7.8 billion as at September 30, 2009. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 247 retail properties, including 13 under development, containing an aggregate of over 59 million square feet. For further information, please refer to RioCan's website at www.riocan.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

RioCan Real Estate Investment Trust
Rags Davloor
Senior Vice President & CFO
(416) 642-3554



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