Mr. Louis Lemire reports

NOBEL REIT ANNOUNCES OCTOBER DISTRIBUTION

Nobel Real Estate Investment Trust has declared a cash distribution of 0.0957 cent per trust unit of the REIT for the month of October, 2014, an increase of 88 per cent from the previous month. The distribution will be payable on Nov. 14, 2014, to unitholders of record as at Oct. 31, 2014.

We seek Safe Harbor.