Press Release

FIRST CAPITAL REALTY ANNOUNCES DATE FOR Q4 AND YEAR END RESULTS CONFERENCE CALL


January 14, 2016

Toronto, Ontario (January 14, 2016) – First Capital Realty Inc. (“First Capital Realty” or the“Company”) (TSX: FCR) invites you to participate, at 2:00 p.m. (ET) on Thursday,February 18, 2016, in a live conference call with senior management to discuss the Company’sresults for the quarter and year ended December 31, 2015.

First Capital Realty’s financial statements and MD&A for the fourth quarter and year end will bereleased prior to the call, and will be made available on the Company’s website atwww.firstcapitalrealty.ca in the ‘Investors’ section, and on the Canadian Securities Administrators’website at www.sedar.com.

Teleconference: You can participate in the live conference by dialing 416-340-2217 or toll-free866-696-5910 with access code 4015192. The call will be accessible for replay untilMarch 3, 2016 by dialing 905-694-9451 or toll-free 800-408-3053 with access code 8034600.

Webcast: To access the live audio webcast and conference call presentation, please go to FirstCapital Realty’s website or click on the following link: Q4 2015 Conference Call. The webcast willbe accessible for replay in the ‘Investors’ section of the website, under ‘Conference Calls’.

ABOUT FIRST CAPITAL REALTY (TSX: FCR)

First Capital Realty is Canada's leading owner, developer and manager of well-located, high qualityurban retail-centered properties where people live and shop for everyday life. The Companycurrently owns interests in 158 properties, totaling approximately 24.3 million square feet of grossleasable area.

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For further information:
Kay Brekken
Executive Vice President & CFO
(416) 216-2051
kay.brekken@firstcapitalrealty.ca
www.firstcapitalrealty.ca
TSX : FCR