NORTH KANSAS CITY, Mo., July 15 /PRNewswire-FirstCall/ -- The Board of
Trustees of Maxus Realty Trust, Inc. (Nasdaq: MRTI), a real estate
investment trust (the "Trust") has decided to voluntarily delist the
Trust's common stock from quotation on the Nasdaq Capital Market
("Nasdaq"). 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, an over-the-counter, inter-dealer electronic quotation and
trading system. 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.
Delisting will permit the Trust to reduce and more effectively manage its
regulatory and administrative costs, including the costs of compliance with
the Sarbanes-Oxley Act of 2002, as amended.

    Contact:

    DeAnn Totta

    (816) 303-4500