Press Releases

Split REIT Opportunity Trust: Press Release

TORONTO, ONTARIO--(Marketwire - Feb. 18, 2009) - Split REIT Opportunity Trust (TSX:SOT.UN) announces that no distribution will be paid to Capital Unitholders for the month ending February 28, 2009.

The Manager will assess the ability to pay distributions, and the amount thereof, on a monthly basis, including consideration of the Preferred Security Test.

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