Temple REIT announces June 2008 distribution in the increased amount of $0.10 per unit

    WINNIPEG, June 18 /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 June 2008. Payment
will be made on July 15, 2008 to the Unitholders of record as of June 30,
2008. As previously announced, the distribution reflects an increase from the
previous monthly distribution amount of $0.08 per unit ($0.96 per unit on an
annualized basis).

    TREIT is a real estate investment trust, which is listed on the TSX
Venture Exchange under the symbol TR.UN. The objective of TREIT is to provide
Unitholders with stable cash distributions from investment in a geographically
diversified Canadian portfolio of hotel properties and related assets. There
are currently 11,610,180 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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