Real Estate — February 15, 2013

RioCan Real Estate Investment Trust Announces February 2013 Distribution

TORONTO, ONTARIO--(Marketwire - Feb. 15, 2013) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of February. The distribution will be payable on March 7, 2013 to unitholders of record as at February 28, 2013.

About RioCan

RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $14.3 billion as at December 31, 2012. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 346 retail properties containing more than 82 million square feet, including 52 grocery anchored and new format retail centres containing 13.6 million square feet in the United States through various joint venture arrangements as at December 31, 2012. RioCan's portfolio also includes 11 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.

Contact Information

RioCan Real Estate Investment Trust
Rags Davloor
Executive Vice President & CFO
(416) 642-3554
www.riocan.com

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