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News Release

Rockville Town Square Hosts Second Annual Summer Events Series

Celebrate the Summer Months with Children's Entertainment, Movies and Live Music

ROCKVILLE, Md., June 8 /PRNewswire/ -- From watching a high-energy magic show to taking in a jazz band to enjoying a movie on a warm evening under stars, Rockville Town Square has something for children and adults of all ages. Rockville Town Square is excited to host a dynamic series of outdoor activities and entertainment beginning the week of June 1st through August 13th.

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

Rockville Town Square invites members of the community to enjoy free weekly events including Kids Nights, Outdoor Movies and Concerts on the Square, sure to appeal to everyone in the family. Along with these activities, stores and restaurants will offer carry-out dinner specials and other promotional events.

"We are excited to again host this popular program to provide the community of Rockville a place to come together with friends and family and enjoy a variety of summer activities while experiencing the range of amenities at Rockville Town Square," said Robin McBride, vice president, mid-Atlantic region chief operating officer for Federal Realty. "Rockville Town Square adds vitality to the community by providing a place to shop and dine as well as enjoy entertainment as part of the thriving Rockville community."

In addition to the ongoing Mommy and Me program hosted on the third Tuesday of every month from May through October, at 10 a.m. to noon, Rockville Town Square will offer events geared toward children featuring live children's entertainment, "kids eat free" specials at participating restaurants, store discounts and more. The Kids Night on the Square events will be held every Tuesday night from 6:30 p.m. to 8:30 p.m., with live stage shows at 6:30 p.m. and 7:30 p.m. The kick-off event on June 2 will feature Milkshake, and upcoming events include: Reptiles Alive, Rocknocerous and Speed and Thro.

Looking for a new and creative date night idea? Now the residents of Rockville can join neighbors for a free movie showing at Movies on the Square every Wednesday night at dusk (8:45 p.m.). Coming attractions include "Marley & Me," "Madagascar 2: Escape from Africa," "Hairspray," "Twilight," "Casablanca" and many more. Dine al fresco at one of the many restaurants with outdoor cafes or take advantage of boxed dinners to go and delivery service right to your seat on the plaza. Or, start your week off right on Monday nights with Cheap Date Night. Bring your date to Rockville Town Square for delicious dinner and shopping deals at participating Rockville Town Square stores and restaurants.

For kids and adults of all ages, there will be a host of Concerts on the Square, hosted by The City of Rockville. The concerts will take place each Thursday night from 6:00 to 8:00 p.m., now through September 19th and include a variety of music styles including swing, jazz, brass bands and top 40 hits.

"Federal Realty, in partnership with the City of Rockville, look forward to offering the Rockville community an opportunity to enjoy such a wonderful variety of outdoor activities and entertainment this summer," said McBride.

Parking is free after 7:00 p.m. on weekdays and on weekends at Rockville Town Square. For more information, and a full listing of the exciting events Rockville's newest downtown attraction has to offer, visit www.rockvilletownsquare.com.

About Rockville Town Square

Rockville Town Square consists of 180,000 square feet of street-level restaurants and shops including a 37,562 square-foot Superfresh grocery store scheduled to open late 2009, 644 condominiums and apartments, 2,000 parking spaces, and a public square. Montgomery County's flagship 100,000 square-foot library adds a rich modern element to Rockville Town Square. Adjacent to the library is VisArts: 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.

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.


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

SOURCE  Federal Realty Investment Trust

    -0-                           06/08/2009
    /CONTACT:  Janelle Stevenson, Corporate Communications, +1-301-998-8185,
jpowell@federalrealty.com, or Jill Powell, Senior Marketing Manager,
+1-301-998-8178, jmstevenson@federalrealty.com, both of Federal Realty
Investment Trust/
    /Photo:  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; Rockville Town Square
ST:  Maryland
IN:  FIN ATL TRA ENT MUS RLT RRL REA CRL
SU:  CHI

PR
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2881 06/08/200916:45 EDThttp://www.prnewswire.com