TORONTO, July 21 /CNW/ - Calloway REIT (TSX:CWT.UN) announced today that it will issue its financial results for the three and six months ending June 30, 2006 on Friday, August 11, 2006. Calloway will hold a conference call on Monday August 14, 2006 at 1:30 pm Eastern Time. Participating on the call will be members of Calloway's senior management. Investors are invited to access the call by dialing 1-800-470-5906. 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 August 14, 2006 beginning at 3:30 pm (ET) through to 11:59 pm (ET) on August 21, 2006. To access the recording please call 1-800-558-5253 and use the reservation number 21300210. %SEDAR: 00017520E

