Amended Early Warning Press Release

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Sept. 17, 2013 /CNW/ - Oswald Pedde and 6651721 Manitoba Ltd., an entity controlled by Mr. Pedde, (together, the "Acquiror") announce that this amended news release has been prepared and is being issued to correct and replace in its entirety a news release issued on September 16, 2013 with incorrect data regarding the number of securities acquired. In connection with the completion of the plan of arrangement involving Holland Global Capital Corporation (the "Corporation") and Maplewood International Real Estate Investment Trust (the "REIT") on September 9, 2013 (the "Arrangement"), as part of the Corporation's qualifying transaction in accordance with Policy 2.2 of the TSX Venture Exchange Corporate Finance Manual, the Acquiror acquired beneficial ownership of 625,000 Class B limited partnership units ("Class B LP Units") of Maplewood International Limited Partnership ("Maplewood LP"), a limited partnership controlled by the REIT, together with 625,000 accompanying special voting units of the REIT ("Special Voting Units"). Under the Arrangement, the Acquiror was issued one Class B LP Unit in exchange for every eight common shares that it held in the capital of the Corporation. On September 10, 2013, following the completion of the Arrangement, the Acquiror also acquired 25,000 trust units in the capital of the REIT ("REIT Units") and 25,000 warrants ("Warrants"), each such Warrant entitling the holder thereof to acquire one Unit at a price of $3.20 at any time prior to 5:00 p.m. (Toronto time) on September 10, 2015, by way of a private placement financing (the "Private Placement").

Pursuant to an exchange agreement (the "Exchange Agreement") dated September 9 2013, between the REIT, Maplewood LP, Maplewood International General Partner Corp. and each holder of Class B LP Units, each Class B LP Unit may be exchanged for one REIT Unit without further consideration at which time, a corresponding Special Voting Unit will be cancelled.

After giving effect to the Arrangement and the Private Placement, the Acquiror shall beneficially own 675,000 REIT Units (including the 625,000 REIT Units that may be acquired by the Acquiror upon the exchange of its Class B LP Units, the 25,000 REIT Units that may be acquired by the Acquiror upon the exercise of its Warrants, representing approximately 11.87% of the outstanding REIT Units (based on 5,687,500 REIT Units and Class B LP Units stated to be outstanding as of September 10, 2013 in the REIT's news release issued on September 10, 2013 and after giving effect to the exchange of all outstanding Class B LP Units for REIT Units on a one-for-one basis pursuant to the Exchange Agreement) and 9.83% of the outstanding REIT Units on a fully-diluted basis (including the exchange of all outstanding Class B LP Units for REIT Units and the exercise of outstanding Warrants and options to acquire REIT Units).

The 625,000 Class B LP Units, 25,000 REIT Units and 25,000 Warrants were acquired for investment purposes. The Acquiror may from time to time acquire additional securities of the REIT and its controlled entities, dispose of some or all of the securities of any such entity or maintain its current securities position in the entity.

This press release is being issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers which requires a report to be filed under the REIT's profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters. A copy of such report may be obtained by contacting the REIT at [phone].

SOURCE: Maplewood International Real Estate Investment Trust

The name and address of the Acquiror filing the report is:

Mr. Oswald Pedde
18 Tartan Way
Winnipeg, Manitoba
R2E 0H5

6651721 Manitoba Ltd.
18 Tartan Way
Winnipeg, Manitoba
R2E 0H5