Granite REIT Declares Monthly Distribution

Granite Real Estate Investment Trust  announced  that its board of trustees has declared a distribution on Granite's stapled units of CDN$0.175 per stapled unit.  The distribution will be paid by Granite on March 15, 2013 to stapled unitholders of record at the close of trading on February 28, 2013.  The stapled units will begin trading on an ex-dividend basis at the opening of trading on February 26, 2013.

on February 15, 2013