Press Releases

Split REIT Opportunity Trust: Distribution Press Release

TORONTO, March 22, 2010 - Split REIT Opportunity Trust (TSX: SOT.PR.A, SOT.UN) announces a quarterly distribution of $0.14375 per Preferred Security and a monthly distribution of $0.045 per Capital Unit for the month ending March 31, 2010. The distribution will be paid on or before April 15, 2010, to unitholders of record on March 31, 2010.

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