MORGUARD CORPORATION AND MORGUARD REAL ESTATE INVESTMENT TRUST FINANCIALRESULTS FOR YEAR ENDED DECEMBER 31, 2010 CONFERENCE CALL

MISSISSAUGA, ON, Feb. 24 /CNW/ - Rai Sahi, Chief Executive Officer of both Morguard Corporation and Morguard REIT, invites you to participate in a joint conference call on Thursday March 3 at 4:00 p.m. (ET) to discuss the financial results for the years ended December 31, 2010 and 2009.

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# 45103653.

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 April 3, 2011. To access the replay, dial 416-849-0833 or 1-800-642-1687 and enter the passcode number 45103653#.