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News Release

Federal Realty Investment Trust Announces Presentation at Wachovia Securities 19th Annual Mid-Year Equity Conference
ROCKVILLE, Md., June 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- Federal Realty Investment Trust (NYSE: FRT) is scheduled to give a presentation on Tuesday, June 23, 2009 at 2:00 p.m. EDT during the Wachovia Securities 19th Annual Mid-Year Equity Conference in Boston, Massachusetts. The presentation will be broadcast live via webcast which can be accessed on our website www.federalrealty.com.

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

The presentation will feature a company overview and update by Andrew Blocher, Senior Vice President and Chief Financial Officer. 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 and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 18.1 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 94.2% leased to national, regional, and local retailers as of March 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 41 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
    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