The Board of Trustees of Maxus Realty Trust, Inc. has decided to voluntarily delist the Trust's common stock from quotation on the Nasdaq Capital Market. The Trust provided notice to Nasdaq of its intent to delist and expects such delisting will be effective July 25, 2008. The Trust anticipates that its common stock will simultaneously commence trading in the Pink Sheets. The Trust also intends to deregister its common stock under the Securities Exchange Act of 1934 concurrently with the delisting from Nasdaq. The Trust has decided to voluntarily delist because its shares are currently held by less than 300 record holders and are thinly traded.

Maxus Realty Trust Inc., Annual General Meeting, May 13, 2008, at 10:30 Central Daylight. Location: 7th Floor Conference Room, 47th Street, Kansas City, Missouri, United States. Agenda: To elect seven trustees to hold office until the next Annual Meeting of Shareholders and until their successors are elected and qualify; to consider and vote on a proposal to adjourn the Annual Meeting of Shareholders to allow for additional solicitation of shareholder proxies or votes in the event that the number of proxies or votes to obtain a quorum or to approve Proposal 1 have not been received by the date of the Annual Meeting of Shareholders and to consider and act on such other business as may properly come before the meeting or any adjournment thereof .

On February 25, 2008, the Board of Trustees of Maxus Realty Trust Inc. approved the payment of a quarterly cash dividend of $0.20 per share to the holders of record on March 6, 2008 of the Maxus Realty $1.00 par value, common stock. The Board anticipates that the dividend will be paid on or about March 21, 2008.