Mori Hills REIT's Financial Presentation is Now Available Online at http://www.mori-hills-reit.co.jp/en/

Mori Hills REIT Investment Corporation (MHR)(TOKYO:3234), a Japanese real estate investment trust, announces that the presentation of results for the ninth period ended January 31, 2011 (from August 1, 2010 to January 31, 2011) is now available at http://www.mori-hills-reit.co.jp/en/

MHR recorded 5,483 million yen in operating revenue, 2,957 million yen in operating profit and 1,839 million yen in net income in the ninth period, and declared a dividend per unit of 7,947 yen.

For the tenth period, MHR forecasts a dividend per unit of 8,200 yen.

About Mori Hills REIT

Mori Hills REIT Investment Corporation (MHR) seeks to increasingly enhance the profitability of assets under management and the value of assets by focusing on the competitiveness and the ability to create value attributable to "urban" assets (central Tokyo being the core area) and by concentrating investment into "urban" areas.

Mori Hills REIT invests largely in properties that reflect the company's "Hills" concept - areas that typify the lifestyles and work-styles of the 21st century. Mori Hills REIT is the realization of Mori Building's goal of creating an investment vehicle that will enable all investors to own premium, central Tokyo property and participate in the enhancement of our cities.

For more information, please visit our website
http://www.mori-hills-reit.co.jp/en/

This press release includes forward-looking statements about business performance; however, no guarantees are implied concerning future business performance. Although the data and opinions contained in this press release are derived from what we believe are reliable and accurate sources, we do not guarantee their accuracy or completeness.