Gazit-Globe Raises Dividend 4.7% for 2014 to NIS 1.80/Share

Gazit-Globe

announced today that its Board of Directors has declared a quarterly cash dividend of NIS 0.43 per share of its common stock (~U.S.$ 0.12), payable on December 30, 2013 to stockholders of record on December 16, 2013. The dividend represents an annualized distribution of NIS 1.72 per share. The Company's Board of Directors declared a dividend policy for 2014 of a minimum quarterly dividend payment of NIS 0.45 per share (~U.S.$ 0.13), representing an annualized dividend of NIS 1.80 per share, to be distributed as of the first quarter of 2014, representing growth of 4.7% over the 2013 dividend. Since initiating its dividend in 1998, Gazit-Globe has increased its annual dividend for 15 consecutive years. Holders of Gazit-Globe's shares on the NYSE and TSX will receive their distribution in U.S. dollars based on the NIS exchange rate as of the record date. Canadian shareholders may request that their brokers convert their payment in U.S. dollars into Canadian dollars. About Gazit-Globe Gazit-Globe is one of the largest owners, developers