Alexis Nihon REIT to Hold Second Quarter Conference Call

Alexis Nihon Real Estate Investment Trust (TSX: AN.UN) today announced it will hold its second quarter results conference call on Thursday, August 10, 2006 at 2 p.m. (ET).

Paul J. Massicotte, President & CEO; Guy Charron, Executive Vice President & COO and Rene Fortin, Senior Vice President & CFO, will discuss the REIT's financial results and performance for the three months ended June 30, 2006. The results will be released earlier the same day.

To participate in the conference call, please dial 416-644-3428. Outside the Toronto area, please dial 1-866-250-4909. To ensure your participation, please dial in five minutes before the start of the call. The event will be simultaneously webcast at www.alexisnihon.com.

A replay of the conference call will be available until 12 a.m. on September 10, 2006. To access it, please dial 416-640-1917 or 1-877-289-8525 and enter passcode 21196436#.

The REIT currently owns interests in 63 office, retail, and industrial properties, including a 426-unit multi-family residential property, located in the greater Montreal area and the National Capital Region. The REIT's portfolio has an aggregate of 8.9 million square feet of leasable area, of which 0.4 million square feet is co-owned.


Contacts:
BarnesMcInerney Inc.
John Vincic
(416) 367-5000 ext. 249
jvincic@barnesmcinerney.com
www.alexisnihon.com

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