Communiqués de presse

Split REIT Opportunity Trust: Distribution Press Release

TORONTO - January 10, 2011 - Split REIT Opportunity Trust (TSX:SOT.PR.A)(TSX:SOT.UN) confirms the previously announced quarterly distribution of $0.14375 per Preferred Security and monthly distribution of $0.045 per Capital Unit for the quarter and month ending December 31, 2010. The distribution will be paid on or before January 14, 2011, to unitholders of record on December 31, 2010.

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