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Excel Trust Announces Tax Treatment of 2012 Dividend Distributions


Excel Trust Announces Tax Treatment of 2012 Dividend Distributions

SAN DIEGO, January 23, 2013 -Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), announced today the tax treatment of its 2012 dividend distributions.

 The company's total dividend distributions per share of common stock (CUSIP #30068C109) are to be classified for income tax purposes as follows:

Security Description Record
Date
Payable Date Total Distribution Per Share 2012 Taxable Ordinary Dividend 2012 Total Capital Gain Distribution 2012 Unrecaptured Section 1250 Gain 2012 Return of Capital
Common Stock 12/31/2011 1/16/2012 $0.1600 $0.105264 - - $0.054736
Common Stock 3/31/2012 4/16/2012 $0.1625 $0.106908 - - $0.055592
Common Stock 6/30/2012 7/16/2012 $0.1625 $0.106908 - - $0.055592
Common Stock 9/28/2012 10/15/2012 $0.1625 $0.106908 - - $0.055592

Distributions per share of Series A Cumulative Convertible Perpetual Preferred Stock (CUSIP#30068C208) are to be classified for income tax purposes as follows:

Security Description Record
Date
Payable Date Total Distribution Per Share 2012 Taxable Ordinary Dividend 2012 Total Capital Gain Distribution 2012 Unrecaptured Section 1250 Gain 2012 Return of Capital
Series A Preferred 12/31/2011 1/16/2012 $0.4375 $0.4375 - - -
Series A Preferred 3/31/2012 4/16/2012 $0.4375 $0.4375 - - -
Series A Preferred 6/30/2012 7/16/2012 $0.4375 $0.4375 - - -
Series A Preferred 9/28/2012 10/15/2012 $0.4375 $0.4375 - - -

Distributions per share of Series B Cumulative Redeemable Preferred Stock (CUSIP#30068C307) are to be classified for income tax purposes as follows:

Security Description Record
Date
Payable Date Total Distribution Per Share 2012 Taxable Ordinary Dividend 2012 Total Capital Gain Distribution 2012 Unrecaptured Section 1250 Gain 2012 Return of Capital
Series B Preferred 3/31/2012 4/16/2012 $0.423177 $0.423177 - - -
Series B Preferred 6/30/2012 7/16/2012 $0.5078 $0.5078 - - -
Series B Preferred 9/28/2012 10/15/2012 $0.5078 $0.5078 - - -

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Excel Trust's distributions.

About Excel Trust

Excel Trust, Inc. is a retail focused REIT that targets community and power centers, grocery anchored neighborhood centers and freestanding retail properties. The Company has elected to be treated as a REIT, for U.S. federal income tax purposes. Excel Trust trades publicly on the NYSE under the symbol "EXL". For more information on Excel Trust, Inc., please visit www.exceltrust.com.

SOURCE: Excel Trust, Inc.

Excel Trust, Inc.

Matt Romney, SVP, Capital Markets

(858) 613-1800

info@exceltrust.com

www.exceltrust.com







This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Excel Trust, Inc. via Thomson Reuters ONE

HUG#1672577

 

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