Leben REIT February 2008 monthly distribution

    CALGARY, March 15 /CNW/ - LEBEN REIT today announced a cash distribution
of $0.03 per REIT Unit, for the month of February. The February distribution
is payable March 15, 2008 to unitholders of record as at February 10, 2008.

    Leben REIT is a private, diversified real estate investment trust and
provides a portfolio of high quality industrial, office and retail properties
primarily in Western Canada. Leben REIT's portfolio currently consists of ten
properties and approximately 346,000 square feet of gross leasable area with a
market value in excess of $100 Million. Leben REIT's portfolio is well
diversified by tenant mix and type of property. For more information, please
visit www.lebenreit.com.

For further information:

For further information: LEBEN REAL ESTATE INVESTMENT TRUST, Shariff
Chandran, Chief Executive Officer, (403) 209-0959, shariff@lebenreit.com; Ryan
Robertson, Chief Operating Officer, (403) 209-0959, rrobertson@lebenreit.com;
Philip Pincus, Executive Vice President, (604) 633-1585,

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