Smartcentres Real Estate Investment TrustTSX: SRU.UN

Calloway Real Estate Investment Trust: First Quarter Results and Conference Call

· Issued by Smartcentres Real Estate Investment Trust via CNW

TORONTO, April 30 /CNW/ - Calloway REIT (TSX:CWT.UN) announced today that it will issue its financial results for the three months ending March 31, 2007 on Wednesday May 9, 2007.

Calloway will hold a conference call on Thursday May 10, 2007 at 9:00 a.m. Eastern Time. Participating on the call will be members of Calloway's senior management.

Investors are invited to access the call by dialing 1-888-243-1119. You will be required to identify yourself and the organization on whose behalf you are participating. A recording of this call will be made available May 10, 2007 beginning at 11:00 a.m. (ET) through to 11:59 p.m. (ET) on May 17, 2007. To access the recording please call 1-800-558-5253 and use the reservation number 21337504.

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