Press Releases

Split REIT Opportunity Trust: Press Release

TORONTO, January 6, 2009 - Split REIT Opportunity Trust (TSX: SOT.PR.A, SOT.UN) (the "Trust") confirms the previously announced distribution of $0.14375 per Preferred Security for the quarter ended December 31, 2008. The distribution will be paid on or before January 15, 2009, to Preferred Security holders of record on December 31, 2008.

For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.