First Capital Realty reminds warrantholders of upcoming expiry of common share purchase warrants



    TORONTO, Aug. 6 /CNW/ - First Capital Realty Inc. ("First Capital
Realty") (TSX:FCR) Canada's leading owner, developer and operator of
supermarket and drugstore-anchored neighbourhood and community shopping
centres, located predominantly in growing metropolitan areas, would like to
remind holders of its outstanding common share purchase warrants (TSX:FCR.WT)
that the exercise period and the warrants themselves formally terminate on
August 31, 2008. Owing to statutory holidays, holders will have until the
close of business on Tuesday, September 2, 2008, to exercise warrants and any
warrants not exercised by this deadline will expire.
    A holder of warrants is entitled to exercise warrants to acquire common
shares at a price of $11.80 per share during the exercise period on and
subject to the terms described below. A holder of warrants who wishes to
exercise warrants to acquire common shares during the exercise period is
required to deliver to Computershare Trust Company of Canada, on or before
August 10, 2008, a completed Notice of Intention indicating such holder's
intention to exercise warrants during the exercise period. A holder of
warrants who has delivered a completed Notice of Intention to Computershare
will be entitled but not obligated to exercise warrants during the exercise
period. Computershare will mail a copy of the form of Notice of Intention to
each registered holder of warrants. Copies of the form of Notice of Intention
are also available upon request from First Capital Realty or on First Capital
Realty's website.

    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 169 properties, including eleven under
development, totalling approximately 19.5 million square feet of gross
leasable area and 7 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 327
properties totalling approximately 35.4 million square feet of gross leasable
area.





For further information:

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


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890