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News Release

Federal Realty Investment Trust Announces Presentation at the Citi Global Property CEO Conference on March 2, 2010
ROCKVILLE, Md., Feb 25, 2010 /PRNewswire via COMTEX/ -- Federal Realty Investment Trust (NYSE: FRT) is scheduled to give a presentation on Tuesday, March 2 at 2:35 p.m. EST during the Citi Global Property CEO Conference in Palm Beach, Florida. The presentation will be broadcast live via teleconference by dialing in to the information below:

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

Dial In: (877) 211-0500

Passcode: 9533980

The presentation will feature a company overview and update by Don Wood, President and Chief Executive Officer, Dawn Becker, Executive Vice President - Chief Operating Officer, and Andrew Blocher, Senior Vice President - Chief Financial Officer and Treasurer. A question and answer session will follow the company presentation.

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 94.5% leased to national, regional, and local retailers as of December 31, 2009, 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. For more information, please visit www.federalrealty.com.



    Investor and Media Inquiries
    ----------------------------
    Gina Birdsall                             Janelle Stevenson
    Investor Relations                        Corporate Communications
    301/998-8265                              301/998-8185
    gbirdsall@federalrealty.com               jmstevenson@federalrealty.com



SOURCE Federal Realty Investment Trust