TORONTO, ONTARIO--(Marketwired - May 8, 2013) - DUNDEE REIT (TSX:D.UN) announced that, at its annual general meeting held today, all of the nominees for election as trustees of Dundee REIT referred to in its management information circular for the meeting were elected by acclamation. If a ballot vote had been taken, based solely upon proxies received by Dundee REIT, the voting results for the election of trustees would have been as follows:
| Nominee | Votes For | % Votes For | Withheld | % Votes Withheld |
| Detlef Bierbaum | 47,874,400 | 99.7 | 131,973 | 0.3 |
| Michael J. Cooper | 46,562,359 | 97.0 | 1,444,014 | 3.0 |
| Donald Charter | 41,672,811 | 86.8 | 6,333,562 | 13.2 |
| Peter Crossgrove | 41,233,706 | 85.9 | 6,772,667 | 14.1 |
| Joanne Ferstman | 47,351,053 | 98.6 | 655,320 | 1.4 |
| Robert Goodall | 47,344,926 | 98.6 | 661,447 | 1.4 |
| David Goodman | 47,576,225 | 99.1 | 430,148 | 0.9 |
| Ned Goodman | 41,478,452 | 86.4 | 6,527,921 | 13.6 |
| Duncan Jackman | 41,587,750 | 86.6 | 6,418,623 | 13.4 |
| Robert Tweedy | 47,890,463 | 99.8 | 115,910 | 0.2 |
Dundee REIT is an unincorporated, open-ended real estate investment trust. Dundee REIT is focused on owning, acquiring, leasing and managing well-located, high-quality central business district and suburban office properties. Its portfolio currently comprises approximately 24.1 million square feet of gross leasable area in major urban centres across Canada. Dundee REIT's portfolio is well diversified by geographic location and tenant mix. For more information, please visit www.dundeereit.com.
Contact Information:
Michael J. Cooper
Vice Chairman and Chief Executive Officer
(416) 365-5145
mcooper@dundeereit.com
Dundee REIT
Mario Barrafato
Senior Vice-President and Chief Financial Officer
(416) 365-4132
mbarrafato@dundeereit.com