GRANITE REAL ESTATE INVESTMENT TRUST (GRTUF) Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit

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Components of Deferred Tax Assets and Liabilities ›Income Tax Uncertainties ›Deferred Tax Assets Deferred Tax Assets, Net of Valuation Allowance, Noncurrent Deferred Tax Liabilities Deferred Tax Liabilities, Gross, Noncurrent Increase Decrease In Deferred Tax Liability Asset Significant (Increase) Decrease in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Lower Bound (Deprecated 2015-01-31)Significant (Increase) Decrease in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Upper Bound (Deprecated 2015-01-31)

Unrecognized Tax Benefits Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit

GRANITE REAL ESTATE INVESTMENT TRUST Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit

GRANITE REAL ESTATE INVESTMENT TRUST (GRTUF) had Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit of CAD 300.00 thousand as of 2011-12-31, per its 40-F filed 2013-03-06.

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us-gaap:SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit · last filed 2013-03-06

2011-12-31: Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit 300.00K CAD.

Period end	Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit
2011-12-31	300.00K CAD 40-F · filed 2013-03-06