MORGUARD CORPORATION AND MORGUARD REAL ESTATE INVESTMENT TRUST 2011 FIRSTQUARTER RESULTS CONFERENCE CALL

MISSISSAUGA, ON, May 6 /CNW/ - Rai Sahi, Chief Executive Officer of both Morguard Corporation and Morguard REIT, invites you to participate in a joint conference call on Thursday, May 12, 2011 at 3:00 p.m. (ET) to discuss the financial results for the quarters ended March 31, 2011 and 2010.

An overview of Morguard REIT's financial results will be provided by Tim Walker, CFO of Morguard REIT, to be followed by Paul Miatello, CFO of Morguard Corporation. A joint question and answer session will then follow.

To participate in the conference call, please dial 647-427-7450 or 1-888-231-8191. Please quote conference ID# 66348495

For those unable to participate, a taped replay will be available after the completion of the call from 6:00 p.m. (ET) until midnight on June 12, 2011. To access the replay, dial 416-849-0833 or 1-800-642-1687 and enter the passcode number 66348495#.