DIR.UN Dream Industrial Real Estate Investment Trust

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES 


DREAM INDUSTRIAL REIT (the new name for Dundee Industrial REIT) (TSX:DIR.UN)
announced that, at its annual general meeting held today, all of the nominees
for election as trustees of Dream Industrial 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 Dream Industrial
REIT, the voting results for the election of trustees would have been as
follows:




Nominee               Votes For   % Votes For    Withheld   % Votes Withheld
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Michael J. Cooper    27,633,232         99.84      44,311               0.16
Peter Crossgrove     25,382,282         91.71   2,295,261               8.29
Robert Goodall       27,633,183         99.84      44,360               0.16
Johann Koss          27,630,704         99.83      46,839               0.17
Ben Mulroney         26,714,641         96.52     962,902               3.48
Leerom Segal         27,621,381         99.80      56,162               0.20
Vincenza Sera        27,633,638         99.84      43,905               0.16
Sheldon Wiseman      27,629,220         99.83      48,323               0.17
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With the departure of Joanne Ferstman from the Board, the REIT is pleased to
announce Ms. Vincenza Sera as the Chair of the Board effective immediately. 


Dream Industrial REIT is an unincorporated, open-ended real estate investment
trust. Dream Industrial REIT owns a portfolio of 205 primarily light industrial
properties comprising approximately 15.6 million square feet of gross leasable
area in key industrial markets across Canada. Its objective is to build upon and
grow its portfolio and to provide stable, sustainable and growing cash
distributions to its unitholders. For more information, please visit
www.dundeeindustrial.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dream Industrial REIT
Randy Cameron
President & Chief Executive Officer
(403) 270-2480
rcameron@dundeeindustrial.com


Dream Industrial REIT
John Todd
Chief Financial Officer
(416) 365-8963
jtodd@dundeeindustrial.com
www.dundeeindustrial.com

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