PRESS RELEASE Primaris Retail REIT Announces Q4 Financial Results Conference Call

TORONTO (January 6, 2012) - Primaris Retail REIT (TSX:PMZ.UN) today announced that
the Trust will report its Q4 2011 financial results on March 1, 2012. Senior Management will discuss the results in a live conference call with the financial community on Friday, March
2, 2012 at 9:00 AM, Eastern Standard Time.
The telephone numbers for the conference call are: 416-340-8530 (within Toronto), and 1-
877-240-9772 (within North America).
Audio replays of the conference call will be available for 24 hours immediately following the completion of the conference call, by dialing 905-694-9451 or 1-800-408-3053 and using the pass code 1208535. The audio replay will also be available for download at www.primarisreit.com/q4conference.
Primaris Retail REIT owns 32 income-producing properties comprising approximately 13.5 million square feet located in Canada. Primaris Retail REIT is a TSX listed real estate investment trust (TSX: PMZ.UN). As of December 31, 2011, the REIT had 82,740,232 units issued and outstanding (including exchangeable units for which units have yet to be issued).

For more information, please contact

Primaris Retail REIT John Morrison
President and Chief Executive Officer
(416) 642-7860
or
Primaris Retail REIT Louis M. Forbes
Executive Vice President and Chief Financial Officer
(416) 642-7810

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Primaris Retail REIT Announces Q4 Financial Results Conference Call