G2 Resources : October 5, 2016 GRANITE REIT NOTICE OF CONFERENCE CALL FOR THIRD QUARTER 2016 RESULTS

77 King St. W., Suite 4010

P.O. Box 159

Toronto-Dominion Centre Toronto, ON, M5K 1H1 Canada

GRANITE REIT NOTICE OF CONFERENCE CALL FOR THIRD QUARTER 2016 RESULTS

Granite will hold a conference call on Thursday, November 3, 2016 at 8:30 a.m. Eastern time. The number to use for this call is 1-800-676-1545. Overseas callers should use +1-416-981- 9080. Please call in at least 10 minutes prior to start time. The conference call will be chaired by Michael Forsayeth, Chief Executive Officer.

For anyone unable to listen to the scheduled call, the rebroadcast numbers will be: North America - 1-800-558-5253 and Overseas - +1-416-626-4100 (enter reservation number 21819852) and will be available until Monday, November 14, 2016.

Granite is a Canadian-based REIT engaged in the ownership and management of predominantly industrial, warehouse and logistics properties in North America and Europe. Granite owns approximately 30 million square feet in over 90 rental income properties. Our tenant base currently includes Magna International Inc. and its operating subsidiaries as our largest tenants, together with tenants from other industries.

Copies of financial data and other publicly filed documents are available through the internet on Canadian Securities Administrators' Systems for Electronic Document Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com and on the United States Securities and Exchange Commission's Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Michael Forsayeth, Chief Executive Officer, at 647-925-7600 or Ilias Konstantopoulos, Chief Financial Officer, at 647-925-7540.