Temple REIT announces October 2008 distribution



    WINNIPEG, Oct. 22 /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 October 2008. Payment will
be made on November 15, 2008 to the Unitholders of record as of October 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
Western Canadian portfolio of hotel properties and related assets. There are
currently 12,801,585 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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