FOR IMMEDIATE RELEASE JANUARY 10, 2013

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION

Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis" or the "REIT") announced that its trustees have declared its regular monthly cash distribution of $0.09 per trust unit ("Unit") of Artis for the month of January, 2013. The cash distributions will be made on February 15, 2013 to Unitholders of record on January 31, 2013.
As at the date hereof, there are an aggregate of 114,884,469 Units issued and outstanding.

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Artis is a diversified Canadian real estate investment trust investing in office, industrial and retail properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in Canada and the United States, with a major focus on Western
Canada. Artis' commercial property comprises nearly 23.4 million square feet of leasable area in 220
properties. Leasable area by asset class is approximately 18.3% retail, 32.1% office and 49.6%
industrial. The portfolio is located 7.9% in British Columbia, 25.7% in Alberta, 5.1% in Saskatchewan,
15.4% in Manitoba, 16.0% in Ontario and 29.9% in the U.S.
For further information please contact Mr. Armin Martens, President and Chief Executive Officer, Mr. Jim Green, Chief Financial Officer or Ms. Kirsty Stevens, Chief Administrative Officer of the REIT at 1.204.947.1250

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

S uit e 300 - 360 M ain S t r eet

W i nnipeg, M B R 3C 3Z 3

T 204 . 947. 1250 F 204. 947. 0453

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AX.UN on the TSX

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