Federal Realty Investment Trust Announces Fourth Quarter and Year-End 2008 Earnings...

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Mon Jan 12, 2009 5:00pm EST

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

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
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