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    August 6, 2020
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DAKOTA REIT Invest. Protect. Diversify. Grow. DISTRIBUTION DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly distribution at 20 cents per share, (5.16% rate of return) payable July 31, 2020 to shareholders of record as of June 30, 2020. Dakota REIT has paid distribution for 22 years and this is its 91st consecutive quarterly distribution. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32 Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com C:\Company_Data\DAKOTA_REIT\Marketing\Advertising and Media Releases\Advertising - Newspapers\Ad Announcement Qtrly Dividend\2020 AD Dividend Declaration\2020 2nd Qtr Dividend Declaration Ad.doc DAKOTA REIT Invest. Protect. Diversify. Grow. DISTRIBUTION DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly distribution at 20 cents per share, (5.16% rate of return) payable July 31, 2020 to shareholders of record as of June 30, 2020. Dakota REIT has paid distribution for 22 years and this is its 91st consecutive quarterly distribution. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32 Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com C:\Company_Data\DAKOTA_REIT\Marketing\Advertising and Media Releases\Advertising - Newspapers\Ad Announcement Qtrly Dividend\2020 AD Dividend Declaration\2020 2nd Qtr Dividend Declaration Ad.doc