Federal Realty Investment Trust Announces Second Quarter 2007 Earnings Release Date and Conference Call Information

ROCKVILLE, Md., June 13 /PRNewswire-FirstCall/ -- Federal Realty Investment Trust (NYSE: FRT) will announce second quarter 2007 earnings in a press release to be issued on Wednesday, August 1, 2007.

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The Conference Call for second quarter 2007 earnings will take place on Thursday, August 2, 2007, at 11 a.m. Eastern Daylight Time (EDT). Conference Call access information is as follows:

    Toll Free Number:   (866) 383-8119
    Pass Code:          EARNINGS
    Conference Leader:  Andrew Blocher

A telephonic replay of the Conference Call will be available beginning at 1 p.m. EDT on Thursday, August 2, 2007, through Friday, August 31, 2007. Replay access information is as follows:

Toll Free Number: (888) 286-8010

Pass Code: 24455828

A live on-demand Web cast 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 Web cast 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 19.7 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 0.9 million square feet of retail space through its joint venture with Clarion Lion Properties Fund in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 96.6% leased to national, regional, and local retailers as of March 31, 2007, with no single tenant accounting for more than approximately 2.9% 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 39 consecutive years, the longest record in the REIT industry. Shares of Federal Realty are traded on the NYSE under the symbol FRT.

    Investor and Media Inquiries
    Andrew Blocher                         Vikki Kayne
    Senior Vice President,                 Vice President,
    Capital Markets & Investor             Marketing and Corporate
    Relations                              Communications
    301/998-8166                           301/998-8178
    ablocher@federalrealty.com             vkayne@federalrealty.com

SOURCE Federal Realty Investment Trust

CONTACT: 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
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Web site: http://www.federalrealty.com