DDR Declares First Quarter 2013 Class H and Class J Preferred Share Dividends

Tue Mar 12, 2013 8:00am EDT

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BEACHWOOD, Ohio,  March 12, 2013  /PRNewswire/ -- DDR Corp. (NYSE: DDR) declared
its first quarter 2013 Preferred Class H stock dividend of  $0.460938  per
depositary share and Preferred Class J stock dividend of  $0.406250  per
depositary share.

(Logo:  http://photos.prnewswire.com/prnh/20110912/CL65938LOGO  )

Each Class H depositary share is equal to one-twentieth of a share of DDR's
7.375% Class H Cumulative Redeemable Preferred Stock. The declared Preferred
Class H dividend covers the period beginning  January 15, 2013  and ending 
April 14, 2013. The declared Preferred Class H Dividend is payable  April 15,
2013  to shareholders of record at the close of business on  April 1, 2013.

Each Class J depositary share is equal to one-twentieth of a share of DDR's
6.50% Class J Cumulative Redeemable Preferred Stock. The declared Preferred
Class J dividend covers the period beginning  January 15, 2013  and ending 
April 14, 2013. The declared Preferred Class J Dividend is payable  April 15,
2013  to shareholders of record at the close of business on  April 1, 2013.

About DDR
DDR is an owner and manager of 454 value-oriented shopping centers representing
116 million square feet in 39 states,  Puerto Rico  and  Brazil. The company's
assets are concentrated in high barrier-to-entry markets with stable populations
and high growth potential and its portfolio is actively managed to create
long-term shareholder value. DDR is a self-administered and self-managed REIT
operating as a fully integrated real estate company, and is publicly traded on
the New York Stock Exchange under the ticker symbol DDR. Additional information
about the company is available at  www.ddr.com.




SOURCE  DDR Corp.


Samir Khanal, Senior Director of Investor Relations, +1-216-755-5500

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