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News Release

Bethesda Row Announces Second Annual Style Event, The Front Row
Three-day fashion, dining and style event, May 20 - 22, features Project Runway's Laura Bennett, celebrity Tinsley Mortimer and author Jill Kargman -

ROCKVILLE, Md., May 13, 2010 /PRNewswire via COMTEX/ --Federal Realty Investment Trust (NYSE: FRT) today announced the second annual style event, The Front Row, May 20 - May 22, at Bethesda Row. The three-day event will feature in-store fashion events, culinary tastings, beauty demonstrations, celebrity appearances and runway fashion shows at Bethesda Row.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050907/DCW070LOGO )

The Front Row begins Thursday, May 20 at 11 a.m. with beauty consultations at bluemercury, a designer denim-fitting event at Urban Chic, jewelry trunk show at Sassanova, wine tasting at Bella Italia, and a designer appearance at Lou Lou. Thursday evening's signature event is the Washington, D.C. launch of Arm Candy, the newest release from author Jill Kargman. In addition to a reading and book signing, the evening will include cocktails and hors d'oeuvres, and cupcakes from Georgetown Cupcake. Hosted by Washington's fashion notables Sharon Bradley, Sabrina Clopton, Susanna Quinn and Ashley Taylor, the event will take place at Ginger on Bethesda Lane.

"We are thrilled to host The Front Row at Bethesda Row again for 2010," said Vanessa Lopez-Isa, Federal Realty's senior marketing manager for Bethesda Row. "The dynamic collection of fashion-forward retailers, incredible restaurants and exquisite location for the style-conscious consumer truly makes Bethesda Row the fashion capital of the region."

Friday, May 21 kicks off with designer appearances at Urban Chic; a meet and greet with bluemercury founder Marla Malcolm Beck, an M.Z. Wallace trunk show at Sassanova, a designer "tee" party at Luna, and a Calypso St. Barth trunk show at Ginger. Friday evening at 7:30 p.m. on Bethesda Lane join Project Runway finalist Laura Bennett and front row fixture and fashion icon Tinsley Mortimer at The Front Row runway event. Bethesda Row retailers Daddy & Son, Ginger, J. McLaughlin, Lou Lou, Lucy, Luna, Pink Palm, Sassanova, The Waygoose, Urban Chic and Wear It Well take to the runway with the latest fashions and fall trends. Runway hair will be styled by Bubbles Salon, with makeup by Bobbi Brown for bluemercury. Following the fashion show, Laura Bennett will read and sign exclusive editions of her newest release, Didn't I Feed You Yesterday?: A Mother's Guide to Sanity in Stilettos, for Front Row guests.

Saturday, May 22, sip and shop at J. McLaughlin, stop by a cashmere trunk show at Sassanova, or try a LuluLemon Athletica pilates class. Throughout the weekend at Bethesda Row, The Front Row exclusives are available at Georgetown Cupcake, Barnes & Noble, Cork & Fork, Le Creuset, The Papery, Pink Palm, The Waygoose, Urban Country, Wear It Well and more.

For more information on The Front Row at Bethesda Row, please visit www.bethesdarow.com.

About Bethesda Row

Bethesda Row is a 521,000 square foot shopping, dining and living destination located on Woodmont Avenue, Bethesda Ave, Arlington Road and Elm Street in the heart of Bethesda, Maryland. An uncommon mix of life and style, Bethesda Row features national retailers, local boutiques, eclectic restaurants and 180 residential units, Upstairs at Bethesda Row. For more information, please visit www.bethesdarow.com.

About Federal Realty

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 18.2 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 94.1% leased to national, regional, and local retailers as of March 31, 2010, with no single tenant accounting for more than approximately 2.6% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 42 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT.

Media Inquiries

    Janelle Stevenson                         Vanessa Lopez-Isa
    Corporate Communications Manager          Senior Marketing Manager
    301/998-8185                              301/998-8395
    jmstevenson@federalrealty.com             vlopez-isa@federalrealty.com

SOURCE Federal Realty Investment Trust