Media Advisory - Scott's REIT to mark second anniversary as a public company with a conference call to discuss progress since its IPO and to present its financial results for the third quarter of 2007

    TORONTO, Oct. 29 /CNW/ - Scott's Real Estate Investment Trust (TSX:
SRQ.UN) (the "REIT") will hold a conference call for analysts and investors on
Friday November 2, 2007 at 11:30 a.m. EST to discuss the company's progress
since its IPO and to present the REIT's financial results for the third
quarter of 2007. John Bitove, Chairman and Chief Executive Officer, and Evelyn
Sutherland, Chief Financial Officer, will be available to address questions
from analysts following their presentation and, if time permits, media
questions. Details of the analyst conference call and audio webcast are as

    Date:     Friday November 2, 2007

    Time:     11:30 a.m. EST

    Dial-In:  1-800-588-4490 toll free or 416-644-3426 for the Toronto area.
              Please allow 10 minutes to be connected to the conference call.

              sign)2067780. This is a listen-only audio webcast. Media Player
              or Real Player is required to listen to the broadcast.

    Replay:   An archived recording of the call will be available from 12
              noon on Friday November 2, 2007 at 1-877-289-8525 toll free or
              416-640-1917, passcode 21251733 followed by the number sign,
              until midnight on Sunday December 2, 2007.

    Note:     A slide presentation intended for simultaneous viewing with the
              conference call will be available for viewing on Friday
              November 2, 2007 at

For further information:

For further information: Analysts and Investors: Trish Moran, (416)
624-5133,; Media: Wilcox Group, (416) 203-6666,

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