2013-01-23 20:25:57 -
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:
+-----------+----------+----------+------------+---------+------------+------------+---------+
| | | | | 2012 | | 2012 |
|
| | | | Total | Taxable | 2012 Total |Unrecaptured| 2012
|
| Security | Record | Payable |Distribution|Ordinary |Capital Gain| Section |Return
of|
|Description| Date | Date | Per Share |Dividend |Distribution| 1250 Gain | 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:
+-----------+----------+----------+------------+--------+------------+------------+-------+
| | | | | 2012 | | 2012 |
|
| | | | Total |Taxable | 2012 Total |Unrecaptured| 2012
|
| Security | Record | Payable |Distribution|Ordinary|Capital Gain| Section |Return |
|Description| Date | Date | Per Share |Dividend|Distribution| 1250 Gain | 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:
+-----------+---------+----------+------------+---------+------------+------------+-------+
| | | | | 2012 | | 2012 |
|
| | | | Total | Taxable | 2012 Total |Unrecaptured| 2012
|
| Security | Record | Payable |Distribution|Ordinary |Capital Gain| Section |Return |
|Description| Date | Date | Per Share |Dividend |Distribution| 1250 Gain | 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
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originality of the information contained therein.
Source: Excel Trust, Inc. via Thomson Reuters ONE
[HUG#1672577]
