Weingarten Realty Investors Releases Tax Characteristics of 2012 Cash Dividends

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130117:nBw175892a

http://www.businesswire.com/news/home/20130117005892/en

HOUSTON--(Business Wire)--
Weingarten Realty Investors (NYSE: WRI) released today the Federal income tax
treatment of its 2012 cash distributions to holders of its Common Shares of
Beneficial Interest, its depositary shares of 6.75% Series D Cumulative
Redeemable Preferred Shares, its depositary shares of 6.95% Series E Cumulative
Redeemable Preferred Shares and its depositary shares of 6.50% Series F
Cumulative Preferred Shares.

Weingarten Realty Investors Common Shares Symbol: WRI CUSIP: 948741103
Ex-Dividend Record Payable Total Ordinary Total Capital Unrecaptured Return of
Date Date Date Distribution Dividends Gain Sec 1250 Capital

Per Share
Distribution
Gain (1)
(Nontaxable

Distribution)
03/08/2012 03/12/2012 03/15/2012 $0.29 $0.268985 $0.021015 $0.021015 $0.000000
06/05/2012 06/07/2012 06/15/2012 $0.29 $0.268985 $0.021015 $0.021015 $0.000000
09/04/2012 09/06/2012 09/14/2012 $0.29 $0.268985 $0.021015 $0.021015 $0.000000
12/04/2012 12/06/2012 12/14/2012 $0.29 $0.268985 $0.021015 $0.021015 $0.000000

2012 Total $1.16 $1.075940 $0.084060 $0.084060 $0.000000

Weingarten Realty Investors 6.75% Series D Preferred Shares Symbol: WRIPrD CUSIP: 948741509
Ex-Dividend Record Payable Total Ordinary Total Capital Unrecaptured Return of
Date Date Date Distribution Dividends Gain Sec 1250 Capital

Per Share
Distribution
Gain (1)
(Nontaxable

Distribution)
03/08/2012 03/12/2012 03/15/2012 $0.421875 $0.391304 $0.030571 $0.030571 $0.000000
06/05/2012 06/07/2012 06/15/2012 $0.421875 $0.391304 $0.030571 $0.030571 $0.000000
09/04/2012 09/06/2012 09/14/2012 $0.421875 $0.391304 $0.030571 $0.030571 $0.000000
12/04/2012 12/06/2012 12/14/2012 $0.421875 $0.391304 $0.030571 $0.030571 $0.000000

2012 Total $1.687500 $1.565216 $0.122284 $0.122284 $0.000000

Weingarten Realty Investors 6.95% Series E Preferred Shares Symbol: WRIPrE CUSIP: 948741608
Ex-Dividend Record Payable Total Ordinary Total Capital Unrecaptured Return of
Date Date Date Distribution Dividends Gain Sec 1250 Capital

Per Share
Distribution
Gain (1)
(Nontaxable

Distribution)
03/08/2012 03/12/2012 03/15/2012 $0.434375 $0.402898 $0.031477 $0.031477 $0.000000
06/05/2012 06/07/2012 06/15/2012 $0.434375 $0.402898 $0.031477 $0.031477 $0.000000
09/04/2012 09/06/2012 09/14/2012 $0.434375 $0.402898 $0.031477 $0.031477 $0.000000
12/04/2012 12/06/2012 12/14/2012 $0.318500 $0.295420 $0.023080 $0.023080 $0.000000

2012 Total $1.621625 $1.504114 $0.117511 $0.117511 $0.000000

Weingarten Realty Investors 6.5% Series F Preferred Shares Symbol: WRIPrF CUSIP: 948741889
Ex-Dividend Record Payable Total Ordinary Total Capital Unrecaptured Return of
Date Date Date Distribution Dividends Gain Sec 1250 Capital

Per Share
Distribution
Gain (1)
(Nontaxable

Distribution)
03/08/2012 03/12/2012 03/15/2012 $0.406250 $0.376811 $0.029439 $0.029439 $0.000000
06/05/2012 06/07/2012 06/15/2012 $0.406250 $0.376811 $0.029439 $0.029439 $0.000000
09/04/2012 09/06/2012 09/14/2012 $0.406250 $0.376811 $0.029439 $0.029439 $0.000000
12/04/2012 12/06/2012 12/14/2012 $0.406250 $0.376811 $0.029439 $0.029439 $0.000000

2012 Total $1.62500 $1.507244 $0.117756 $0.117756 $0.000000

(1) Represents additional characterization of, and is a part of, "Total Capital
Gain Distribution."

Shareholders are encouraged to consult with their personal tax advisors as to
their specific tax treatment of Weingarten Realty Investors cash distributions.
For additional information, contact Weingarten`s Investor Relations Department.

About Weingarten Realty Investors

Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and
developer. At September 30, 2012, the Company owned or operated under long-term
leases, either directly or through its interest in real estate joint ventures or
partnerships, a total of 301 developed income-producing properties and 11
properties under various stages of construction and development. The total
number of properties includes 295 neighborhood and community shopping centers
and 17 other operating properties located in 22 states spanning the country from
coast to coast representing approximately 59.8 million square feet. To learn
more about the Company`s operations and growth strategies, please visit
www.weingarten.com.

Forward-Looking Statements

Statements included herein that state the Company`s or Management`s intentions,
hopes, beliefs, expectations or predictions of the future are "forward-looking"
statements within the meaning of the Private Securities Litigation Reform Act of
1995 which by their nature, involve known and unknown risks and uncertainties.
The Company`s actual results, performance or achievements could differ
materially from those expressed or implied by such statements. Reference is made
to the Company`s regulatory filings with the Securities and Exchange Commission
for information or factors, which may impact the Company`s performance.

Weingarten Realty Investors
Michelle Wiggs, 713-866-6050
Director of Investor Relations

Copyright Business Wire 2013