Federal Realty Investment Trust Announces First Quarter 2008 Earnings Release Date and Conference Call Information

ROCKVILLE, Md., April 4, 2008 /PRNewswire-FirstCall/ -- Federal Realty Investment Trust (NYSE: FRT) will announce first quarter 2008 earnings in a press release to be issued on Wednesday, May 7, 2008.

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

The conference call for first quarter earnings will take place on Thursday, May 8, 2008, at 12:00 p.m. Eastern Daylight Time (EDT). Conference call access information is as follows:

    Toll Free Number:    (866) 770-7146
    Pass Code:           FRT EARNINGS
    Conference Leader:   Andrew Blocher

A telephonic replay of the conference call will be available beginning at 2:00 p.m. EDT on Thursday, May 8, 2008, through Friday, June 6, 2008. Replay access information is as follows:

    Toll Free Number:    (888) 286-8010
    Pass Code:           85669510

A live on-demand webcast of the conference call will be available on Federal Realty's web site at http://www.federalrealty.com. Please check the company's web site prior to the call for any materials that may be used during the conference call. An online playback of the webcast will be available at http://www.federalrealty.com for 30 days following the Conference Call.

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 strategic 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 96.7% leased to national, regional, and local retailers as of December 31, 2007, with no single tenant accounting for more than approximately 2.5% 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 40 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.

    Investor and Media Inquiries
    Andrew Blocher
    Senior Vice President,
    Capital Markets & Investor Relations
    301/998-8166
    ablocher@federalrealty.com

    Vikki Kayne
    Vice President,
    Marketing and Corporate Communications
    301/998-8178
    vkayne@federalrealty.com

SOURCE  Federal Realty Investment Trust
    -0-                             04/04/2008
    /CONTACT:  Investor and Media Inquiries, Andrew Blocher, Senior Vice
President, Capital Markets & Investor Relations, +1-301-998-8166,
ablocher@federalrealty.com, or Vikki Kayne, Vice President, Marketing and
Corporate Communications, +1-301-998-8178, vkayne@federalrealty.com, both of
Federal Realty Investment Trust/
    /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20050907/DCW070LOGO
              AP Archive:  http://photoarchive.ap.org
              PRN Photo Desk, photodesk@prnewswire.com/
    /Web site:  http://www.federalrealty.com /
    (FRT)

CO:  Federal Realty Investment Trust
ST:  Maryland
IN:  FIN RLT REA
SU:  CCA

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9368 04/04/2008 08:00 EDT http://www.prnewswire.com