Crombie REIT announces monthly distribution

STELLARTON, NS, May 21 /CNW/ – Crombie Real Estate Investment Trust (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from May 1, 2008 to and including May 30, 2008. The distribution will be payable on June 16, 2008 to unitholders of record as at May 30, 2008.

About Crombie Real Estate Investment Trust

Crombie Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. The trust invests in income-producing retail, office and mixed-use properties in Canada, with a future growth strategy focused primarily on the acquisition of retail properties. Crombie REIT currently owns a portfolio of 113 commercial properties in six provinces, comprising approximately 11.3 million square feet of gross leasable area. More information about Crombie REIT can be found at www.crombiereit.com.

Contact: Scott M. Ball, C.A., Vice President, Chief Financial Officer and Secretary, Crombie REIT, (902) 755-8100