Fronsac Real Estate Investment Trust Releases Interim Financial Statements and Declares a Distribution to Unitholders

MONTREAL, QUEBEC--(Marketwire - Nov. 15, 2012) - Fronsac real estate investment trust ("Fronsac REIT") (TSX VENTURE:GAZ.UN) today released its unaudited consolidated financial statements for its third quarter ended September 30, 2012.

The net income of the quarter ended September 30, 2012 was $47,848 or $0.002 per unit [2011: net loss of ($80,710) or ($0.006) per unit].

SUMMARY OF INCOME STATEMENT INFORMATION

Income	September 30,		September 30,
	2012		2011
Revenue	$183,269		$121,814
Net lncome (loss)	$47,848		($80,710	)
Per unit - basic and diluted	$0.002		($0.006	)
Weighted average units outstanding - basic and diluted	20,514,000		13,790,000

SUMMARY OF CASH FLOWS INFORMATION

Cash Flows	September 30,		September 30,
	2012		2011
Cash from operating activities	$88,735		$60,312
Cash from investing activities	($35,207	)	($333,377	)
Cash from financing activities	$30,505		($47,794	)
Increase (decrease) in cash	$84,033		($320,859	)
Cash - beginning of period	($19,997	)	$776,073
Cash - end of period	$64,036		$455,214

SUMMARY OF FINANCIAL POSITION INFORMATION

Financial Position	September 30,	December 31,
	2012	2011
Cash	$64,036	$1,985,720
Investment Properties	$9,119,054	$7,111,919
Total Assets	$9,633,082	$9,335,868
Total Liabilities	$4,770,364	$4,527,216
Total Equity	$4,862,718	$4,808,652
Book value per unit	$0.24	$0.23

The Trust's September 30, 2012 financial statements of Fronsac REIT may be viewed on SEDAR at www.sedar.com

On November 14, 2012, the Board of Fronsac REIT has declared a distribution of $0.00625 to unitholders of record on November 30, 2012 that will be paid on December 31, 2012.