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Jannock Properties Limited Announces Completion of Final Distribution and Voluntary Dissolution

January 28, 2011

TORONTO, ONTARIO--(Marketwire - Jan. 28, 2011) - Jannock Properties Limited ("JPL") (TSX VENTURE:JPL.UN) has made the previously announced final distribution of CAD $0.056 per unit (each unit being comprised of one Class B common share and 65 Class A special shares) to shareholders of record on January 14, 2011. In accordance with the Articles of JPL, the distribution was paid on account of the Class A special shares and no amount of the distribution was allocated to the Class B common shares.

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