Federal Realty Investment Trust Announces Fourth Quarter and Year-End 2008 Earnings Release Date and Conference Call Information

ROCKVILLE, Md., Jan. 12 /PRNewswire-FirstCall/ -- Federal Realty Investment Trust (NYSE: FRT) will announce fourth quarter and year-end 2008 earnings in a press release to be issued on Wednesday, February 18, 2009.

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

The conference call for fourth quarter and year-end earnings will take place on Thursday, February 19, 2009, at 11:00 a.m. Eastern Standard Time (EST). Conference call access information is as follows:

    Toll Free Number:        (866) 783-2138
    Pass Code:               FRT EARNINGS

A telephonic replay of the conference call will be available beginning at 2:00 p.m. EST on Thursday, February 19, 2009, through Thursday, March 19, 2009. Replay access information is as follows:

    Toll Free Number:        (888) 286-8010
    Pass Code:               58226734

A live on-demand webcast of the conference call will be available on Federal Realty's web site at 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 webcast will be available at 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 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 95.5% leased to national, regional, and local retailers as of September 30, 2008, 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
    Investor Relations
    301/998-8265
    gbirdsall@federalrealty.com

    Janelle Stevenson
    Corporate Communications
    301/998-8185
    jmstevenson@federalrealty.com

SOURCE  Federal Realty Investment Trust

    -0-                           01/12/2009
    /CONTACT:  Investor and Media, Gina Birdsall, Investor Relations,
+1-301-998-8265, gbirdsall@federalrealty.com, or Janelle Stevenson, Corporate
Communications, +1-301-998-8185, 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.co/
    /Web Site:  http://www.federalrealty.com /
    (FRT)

CO:  Federal Realty Investment Trust

ST:  Maryland
IN:  FIN RLT REA
SU:  CCA

PR
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1676 01/12/2009 17:00 EST http://www.prnewswire.com