RioCan Real Estate Investment Trust Announces August 2009 Distribution

TORONTO, ONTARIO--(Marketwire - Aug. 14, 2009) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.5 cents per unit for the month of August. The distribution will be payable on September 8, 2009 to unitholders of record as at August 31, 2009.

About RioCan

RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $7.1 billion as at June 30, 2009. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 247 retail properties, including 13 under development, containing an aggregate of over 59 million square feet. For further information, please refer to RioCan's website at www.riocan.com.