Temple REIT announces August 2008 distribution



    WINNIPEG, Aug. 21 /CNW/ - Temple Real Estate Investment Trust ("TREIT")
(TSX Venture: TR.UN) announced today a distribution of $0.10 per unit
($1.20 per unit on an annualized basis) for the month of August 2008. Payment
will be made on September 15, 2008 to the Unitholders of record as of August
31, 2008.

    TREIT is a real estate investment trust, which is listed on the TSX
Venture Exchange under the symbols TR.UN (trust units), TR.DB.A and TR.DB.B
(convertible debentures). The objective of TREIT is to provide Unitholders
with stable cash distributions from investment in a geographically diversified
Canadian portfolio of hotel properties and related assets. There are currently
12,344,706 trust units outstanding. For further information on TREIT, please
visit our website at www.treit.ca.

    
    The TSX Venture Exchange has not reviewed or approved the contents of
    this press release and does not accept responsibility for the adequacy or
    accuracy of this press release.
    





For further information:

For further information: Arni Thorsteinson, Chief Executive Officer, or
Gino Romagnoli, Investor Relations, Tel: (204) 475-9090, Fax: (204) 452-5505,
Email: info@treit.ca


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