Mr. Michael Zakuta reports

PLAZA RETAIL REIT ANNOUNCES DATE OF FIRST QUARTER 2014 FINANCIAL RESULTS CONFERENCE CALL

Plaza Retail REIT invites you to participate in a live conference call with senior management announcing Plaza's first quarter 2014 financial results on Monday, May 12, 2014, at 10 a.m. Eastern Time (11 a.m. Atlantic Time). Plaza's financial statements, and management's discussion and analysis for the quarter ended March 31, 2014, will be released prior to the call, and will be made available on Plaza's website in the investor relations section and on the Canadian Securities Administrators' website, SEDAR.

The dial-in numbers for the conference call are:

In Toronto:  1-647-427-7450

Outside Toronto (toll-free, within North America):  1-888-231-8191

To ensure your participation, please dial in five minutes prior to the scheduled start of the call. You will be required to identify yourself and the organization on behalf of which you are participating. If you cannot participate in the live mode, a replay will be available until May 19, 2014. To access the replay, please dial 1-416-849-0833 in Toronto or 1-855-859-2056 (toll-free, within North America) and enter passcode 30653165. The audio replay will also be available for download on Plaza's website for 90 days following the conference call.