First Capital Realty sets date for Q1 2007 results Conference Call and for the Annual Shareholders Meeting



    TORONTO, April 20 /CNW/ -

    ANNUAL SHAREHOLDERS MEETING
    First Capital Realty Inc. ("First Capital Realty") (TSX: FCR) Canada's
leading owner, developer and operator of supermarket-anchored neighbourhood
and community shopping centres, located predominantly in growing metropolitan
areas, announced today that it will hold its Annual Shareholders' Meeting on
Thursday, May 24, 2007 at 1:00 p.m. The meeting will be held at the Design
Exchange, 234 Bay Street, Toronto Ontario. Shareholders and interested parties
are invited to attend.

    FIRST CAPITAL REALTY SETS DATE FOR Q1 2007 RESULTS CONFERENCE CALL

    First Capital Realty invites you to participate at its live conference
call with senior management announcing our first quarter results on May 9,
2007 at 2:00 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 Press Releases
section. The Supplemental Package link will be on our Home Page at
www.firstcapitalrealty.ca or click on Investor Information.

    Teleconference:
    You may participate in the live conference toll free at 800-633-8954 or
at 416-641-6652. To ensure your participation, please call five minutes prior
to the scheduled start of the call. The call will be archived through May 16,
2007 and can be accessed by dialing toll free 800-558-5253 or 416-626-4100
with access code 21336610.

    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 Q1 2007 Slide Presentation at the bottom of our Home Page. Please log
on at least 15 minutes before the call commences.

    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 800-633-8954 or 416-641-6652. 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-anchored neighbourhood and community shopping centres, located
predominantly in growing metropolitan areas. The Company currently owns
interests in 160 properties, including 6 under development, with approximately
18.9 million square feet of gross leasable area. In addition, the Company owns
13.9 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 investments in Equity One,
the Company has interests in 333 properties totalling approximately
36.8 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., King Liberty Village, 85 Hanna
Avenue, Suite 400, Toronto, Ontario, Canada, M6K 3S3, Tel: (416) 504-4114,
Fax: (416) 941-1655, www.firstcapitalrealty.ca.


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