Freehold Royalties Ltd.: Correction to Ex-dividend Date

CALGARY, ALBERTA--(Marketwire - Oct. 19, 2011) - Freehold Royalties Ltd. (TSX:FRU) (Freehold) confirms that an error was made on its previously disseminated News Release dated October 18, 2011 with respect to the ex-dividend date. The ex-dividend date for the monthly dividend is October 27, 2011 rather than October 26, 2011, payable on November 15, 2011.

All other disclosed information remains the same.