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News Release

Rockville Town Square Hosts Home & Garden Festival
Celebrate spring with flower, garden and home exhibits, live music and performances, WTOP Garden Editor Mike McGrath, and Taste of Town Square on Saturday, April 24, 10 a.m. - 5 p.m.

ROCKVILLE, Md., April 13, 2010 /PRNewswire via COMTEX/ --Federal Realty Investment Trust (NYSE: FRT) today announced Rockville Town Square will host the Home & Garden Festival on Saturday, April 24, 2010 from 10 a.m. to 5:00 p.m. Join Rockville Town Square residents, retailers and the greater Montgomery County community to officially welcome spring to Rockville. Hosted by Mike McGrath, WTOP Garden Editor, the 2010 Home & Garden Festival will feature over 30 home and garden exhibitors, live music, "go green" ideas, A Taste of Town Square and a fundraiser to benefit the Leukemia & Lymphoma Society.

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

Schedule of Events:

  • 10 a.m. - Exhibitors open on the plaza with live music featuring acoustic string music by the Teiber Trio
  • 11 a.m. - Mike McGrath, WTOP Garden Editor, "Organic Answers to All Your Garden Questions"
  • 11:30 a.m. - Live Jazz by the Jeff Carmella Band
  • 1 p.m. - Japanese Koto Music by the Washington Toho Koto Society
  • 2 p.m. - Mike McGrath, WTOP Garden Editor, "The Seven Secrets of Successful Organic Gardeners"
  • 2:30 p.m. - Live performance by Urban Folk Rock performer Justin Trawick
  • 4 p.m. - Performance by Caribbean Steel Drum Orchestra Ewabo

Additionally, guests will enjoy A Taste of the Town Square from noon to 5 p.m. featuring food, wine and signature drink tastings from restaurants such as Bobby's Crabcakes, Gordon Biersch, La Tasca Spanish Tapas Bar, Noodles & Company, Oro Pomodoro, Primo Italiano, Spice Xing, Taste of Saigon and more.

"We are excited to host the Home & Garden Festival to showcase local businesses and to help kick off the spring event season at Rockville Town Square," said Jill Powell, senior marketing manager, Federal Realty Investment Trust. "A Taste of Town Square adds a new element to the festival and allows attendees to sample the wide array of dining options during the Home & Garden Festival."

The Home & Garden Festival at the Rockville Town Square Plaza, located at Maryland Ave and Gibbs Street, Rockville, Md. A rain date is scheduled for Sunday, April 25th from noon-6 p.m. For more information, please call (301) 998-8178 or visit www.rockvilletownsquare.com.

About Rockville Town Square

Rockville Town Square consists of 180,000 square feet of street-level restaurants and shops, 644 condominiums and apartments, 2,000 parking spaces, Montgomery County's flagship 100,000 square-foot library and a dynamic community square. Adjacent to the library is VisArts: the Metropolitan Center for the Visual Arts at Rockville, a 40,000 square-foot, state-of-the-art visual arts center offering classes and workshops, exhibitions for adults and children, special events, and event space. For more information, please visit www.rockvilletownsquare.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 94.5% 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.



    Media Inquiries
    ---------------
    Janelle Stevenson                         Jill Powell
    Corporate Communications                  Senior Marketing Manager
    301/998-8185                              301/998-8178
    jmstevenson@federalrealty.com             jpowell@federalrealty.com



SOURCE Federal Realty Investment Trust