BTB Real Estate Investment Trust announces its distribution for the month of October 2008



    MONTREAL, Oct. 17 /CNW Telbec/ - The trustees of BTB Real Estate
Investment Trust ("BTB") (TSX-V: BTB.UN) announced today that the monthly cash
distribution for the month of October 2008 is $0.01333 per unit, representing
$0.16 per unit on an annualized basis. The cash distribution will be paid on
November 14, 2008 to unitholders of record on October 31, 2008.
    As at the close of business on October 14, 2008, 33,182,712 units of BTB
were issued and outstanding.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this press release.




For further information:

For further information: Mr. Michel Léonard, President and Chief
Executive Officer, BTB Real Estate Investment Trust, (514) 286-0188 ext. 228


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