PLZ - Plazacorp announces regular quarterly dividend (CAD 0.0525)

Company: Plazacorp Retail Properties Ltd
Stock Name: PLZ
Amount: CAD 0.0525
Announcement Date: 03/10/2011
Record Date: 13/10/2011

Dividend Detail:

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FREDERICTON, Oct. 3, 2011 /CNW/ - Plazacorp Retail Properties Ltd.
(TSXV: PLZ) announced today that its Board of Directors has declared
its regular quarterly cash dividend of $0.0525 per common share to be
paid on November 14, 2011 to all common shareholders of record on
October 17, 2011.

For income tax purposes the full amount of this dividend is an eligible
dividend. 

Plazacorp acquires, develops and redevelops unenclosed and enclosed
retail real estate throughout Atlantic Canada, Quebec and Ontario,
which are predominantly occupied by national tenants (approximately 90%
of the total).  The Company's portfolio at June 30, 2011 includes
interests in 112 properties totaling over 5.1 million square feet and
additional lands held for development.  These include properties
directly held by Plazacorp, its subsidiaries and through joint
ventures.

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange)accepts
responsibility for the adequacy or accuracy of this release.