ARTIS REIT 'S KEY OBJECTIVES:

• » to provide Artis REIT's Unitholders with stable and growing tax efficient monthly cash distributions.
• » to enhance the value of Artis REIT's properties and maximize long-term unit value through active management.
• » to expand Artis REIT's property portfolio and increase distributable income through ongoing accretive acquisitions in western Canada.

WESTERN CANADIAN FOCUS:

Since becoming a publicly traded real estate investment trust on December 20, 2004, Artis REIT has demonstrated its ability to grow its portfolio through accretive acquisitions.

Artis REIT focuses on primary and growing secondary markets in western Canada. Artis REIT targets high-quality commercial properties with national tenancies in place.

Artis REIT  is well-positioned to take advantage of managements' deep roots in western Canada, as well as the healthy western Canadian economic outlook.

ARTIS REIT 'S MANAGEMENT TEAM:

Artis REIT 's management team has over 75 years of collective experience in construction, development, and management of commercial and other properties in Canada and the United States. The management team at Artis REIT has implemented a prudent investment strategy, which includes stringent acquisition criteria, a conservative financing approach and the development of excellent deal flow in its target markets. This approach enables Unitholders to experience stable and growing monthly cash distributions.

Artis REIT was established in December of 2003 and converted into a Real Estate Investment Trust in December of 2004. Artis REIT trades on the TSX Exchange under the symbol "AX.UN".