Press Release


April 09, 2012

Toronto, Ontario (April 9, 2012) – First Capital Realty Inc. (“First Capital Realty” or the

“Company”) (TSX: FCR) invites you to participate in its live conference call with senior management announcing the Company's first quarter results on Tuesday, May 8, 2012 at 10:00 a.m. (ET).

First Capital Realty's financial statements and MD&A for the quarter will be released prior to the call, and will be made available on the Company's website at in the

„Investors' section, and on the Canadian Securities Administrators' website at Capital Realty's Corporate Presentation will also be available on the Home Page of the Company's website.

Teleconference: You can participate in the live conference toll-free at 866-299-6657 or at 416-641-6135. In order to ensure your participation, please dial-in five minutes prior to the scheduled start time of the call. The call will be archived through May 22, 2012 and can be accessed by dialing toll free 800-408-3053 or 905-694-9451 with access code 4711080.

Webcast: To access the webcast, go to First Capital Realty's website and click on the link for the webcast on our Home Page. The webcast will be archived on our home page for 30 days and can be accessed thereafter in the „Investors' section of our website, under „Conference Calls'.

Management's presentation will be followed by a question and answer period. To ask a question, press „1' followed by „4' on a touch-tone phone. The conference call coordinator is immediately notified of all requests in the order in which they are made, and will introduce each questioner. To cancel your request, press „1' followed by „3'. If you hang up, you can reconnect by dialing 866- 299-6657 or 416-641-6135. For assistance at any point during the call, press „*0'.

Annual Shareholders’ Meeting

First Capital Realty will hold its Annual Shareholders' Meeting at 1:00 p.m. (ET) on Wednesday, May 23, 2012, at the Design Exchange, 234 Bay Street, Toronto, Ontario.

For those unable to attend the meeting in person, a live webcast of the meeting and management's presentation will be provided. To access the webcast, go to First Capital Realty's website at www.firstcapitalrealty.caThe webcast will also be archived on the Company's website following the meeting.


First Capital Realty is Canada's leading owner, developer and operator of supermarket and drugstore anchored neighbourhood and community shopping centres, located predominantly in growing urban markets. The Company currently owns interests in 166 properties, including seven under development, totalling approximately 23.1 million square feet of gross leasable area and three sites in the planning stage for future retail development.

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For further information:
Dori J. Segal, President & C.E.O., or
Karen H. Weaver, C.F.O.
First Capital Realty Inc.
85 Hanna Avenue, Suite 400
Toronto, Ontario, Canada M6K 3S3
Tel: (416) 504-4114
Fax: (416) 941-1655
www.firstcapitalrealty .ca