Media Advisory: Scott's REIT to hold Annual and Special Meeting of Unitholders on April 24, 2007

    TORONTO, April 19 /CNW/ - Scott's Real Estate Investment Trust
(TSX: SRQ.UN) ("Scott's REIT") will hold an Annual and Special Meeting of
Unitholders and conference call to discuss its 2006 fiscal year on Tuesday,
April 24, 2007 at 10 a.m. EDT.

    WHAT:   Scott's REIT Annual and Special Meeting of Unitholders

    WHO:    John Bitove, Chairman and CEO
            Evelyn Sutherland, CFO

    WHEN:   April 24, 2007 at 10 a.m. EDT

    WHERE:  TSX Broadcast Centre - The Gallery
            130 King Street West
            Toronto, Ontario M5X 1J2

    PHONE:  Call 416-644-3432 (Toronto) or 1-800-731-5774 (Toll Free) to

    Please note:

    A live audio webcast (listen-only mode) of the conference call will be
available at:
    An archived recording of the conference will be available at 416-640-1917
(Toronto) and 877-289-8525 (Toll-free) (Passcode: 21227247 followed by the
number sign) on April 24, 2007 after 11 a.m. EDT until May 24, 2007 at
11:59 p.m. EDT.

    %SEDAR: 00022537E

For further information:

For further information: For investor information, please contact: Trish
Moran, (416) 624-5133,; For media information,
please contact: Wilcox Group, (416) 203-6666,

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