Morguard Sunstone Real Estate Income Fund Completion of Termination

VANCOUVER, July 3, 2013 /PRNewswire/ - Sunstone Investment Management Inc. (the "Manager"), the manager for Morguard Sunstone Real Estate Income Fund (the "Fund") (TSX: MSN.UN), announces that the Fund completed its final distribution to unitholders of the Fund on June 28, 2013 in connection with its termination on July 2, 2013. In connection therewith, the Fund paid approximately $11.48 per Class A unit and $12.06 per Class F unit to each holder of such units as of the record date of June 21, 2013.

The Manager also announces that the Fund completed its final day of trading on the Toronto Stock Exchange (the "TSX") on June 21, 2013 and has now been delisted from the TSX.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

SOURCE Morguard Sunstone Real Estate Income Fund