First Capital Realty sets date for Q1 2008 results conference call

    TORONTO, April 8 /CNW/ - First Capital Realty Inc. ("First Capital
Realty") (TSX: FCR) invites you to participate at its live conference call
with senior management announcing our first quarter results on May 7, 2008 at
1:00 p.m. EST.
    First quarter financial results will be released prior to the call and
made available on First Capital Realty's website in the Pressroom section. The
Supplemental Package link will be on our Home Page at
www.firstcapitalrealty.ca or click on Investor Relations, Downloads.

    Teleconference:

    You may participate in the live conference toll free at 800-633-8949 or
at 416-641-6700. To ensure your participation, please call five minutes prior
to the scheduled start of the call. The call will be archived through May 14,
2008 and can be accessed by dialing toll free 800-558-5253 or 416-626-4100
with access code 21380445.

    Webcast:

    To access the webcast, go to First Capital Realty's website at
www.firstcapitalrealty.ca, and click on the link for the webcast at the bottom
of our Home Page. The webcast will be archived on our Home Page for 30 days
and can be accessed, thereafter, in our Conference Calls section of our
website.

    Slide Presentation

    A slide presentation to accompany management's comments during the
conference call will be available. To view the slides, please go to First
Capital Realty's website at www.firstcapitalrealty.ca, and click on the link
for the Conference Call at the top of our Home Page.

    Management's presentation will be followed by a question and answer
period. To ask a question, press '1' followed by '4' on a touch-tone phone.
The conference call coordinator is immediately notified of all requests in the
order in which they are made, and will introduce each questioner. To cancel
your request, press '1' followed by '3'. If you hang up, you can reconnect by
dialing 800-633-8949 or 416-641-6700. For assistance at any point during the
call, press '(*)0'.

    ABOUT FIRST CAPITAL REALTY (TSX:FCR)

    First Capital Realty is Canada's leading owner, developer and operator of
supermarket and drugstore anchored neighbourhood and community shopping
centres, located predominantly in growing metropolitan areas. The Company
currently owns interests in 161 properties, including six under development,
totalling approximately 19.4 million square feet of gross leasable area and
15 land sites in the planning stage for future retail development. In
addition, the Company owns 14 million shares of Equity One (approximately
19%), one of the largest shopping centre REITS in the southern U.S., that
trades on the New York Stock Exchange under the ticker symbol EQY. Including
its investment in Equity One, the Company has interests in 326 properties
totalling approximately 36.5 million square feet of gross leasable area.

For further information: Dori J. Segal, President & C.E.O., or Karen H.
Weaver, C.F.O., First Capital Realty Inc., King Liberty Village, 85 Hanna
Avenue, Suite 400, Toronto, Ontario, Canada, M6K 3S3, Tel: (416) 504-4114,
Fax: (416) 941-1655, www.firstcapitalrealty.ca