Common Shares Distribution: Cash Taxable Record Payment Distribution Ordinary Qualifying Date Date Per Share Dividend Dividends 03/14/08 03/31/08 $0.562500 $0.157253 $0.000000 06/13/08 06/30/08 $0.562500 $0.157253 $0.000000 09/15/08 09/30/08 $0.562500 $0.157253 $0.000000 12/15/08 12/31/08 $0.562500 $0.157253 $0.000000 Total: $2.250000 $0.629012 $0.000000 Percentage: 100% 27.956% 0.000% Capital Gains Record Payment 15% 25% Return of Date Date Capital Capital Gain Capital 03/14/08 03/31/08 $0.292127 $0.113120 $0.000000 06/13/08 06/30/08 $0.292127 $0.113120 $0.000000 09/15/08 09/30/08 $0.292127 $0.113120 $0.000000 12/15/08 12/31/08 $0.292127 $0.113120 $0.000000 Total: $1.168508 $0.452480 $0.000000 Percentage: 51.934% 20.110% 0.000% Series C Preferred Distribution: Cash Taxable Record Payment Distribution Ordinary Qualifying Date Date Per Share Dividend Dividends 03/14/08 03/31/08 $0.421875 $0.117940 $0.000000 06/13/08 06/30/08 $0.421875 $0.117940 $0.000000 09/15/08 09/30/08 $0.421875 $0.117940 $0.000000 12/15/08 12/31/08 $0.421875 $0.117940 $0.000000 Total: $1.687500 $0.471760 $0.000000 Percentage: 100% 27.956% 0.000% Capital Gains Record Payment 15% 25% Return of Date Date Capital Capital Gain Capital 03/14/08 03/31/08 $0.219095 $0.084840 $0.000000 06/13/08 06/30/08 $0.219095 $0.084840 $0.000000 09/15/08 09/30/08 $0.219095 $0.084840 $0.000000 12/15/08 12/31/08 $0.219095 $0.084840 $0.000000 Total: $0.876380 $0.339360 $0.000000 Percentage: 51.934% 20.110% 0.000% Series D Preferred Distribution: Cash Taxable Record Payment Distribution Ordinary Qualifying Date Date Per Share Dividend Dividends 03/14/08 03/31/08 $0.421875 $0.117940 $0.000000 06/13/08 06/30/08 $0.421875 $0.117940 $0.000000 09/15/08 09/30/08 $0.421875 $0.117940 $0.000000 12/15/08 12/31/08 $0.421875 $0.117940 $0.000000 Total: $1.687500 $0.471760 $0.000000 Percentage: 100% 27.956% 0.000% Capital Gains Record Payment 15% 25% Return of Date Date Capital Capital Gain Capital 03/14/08 03/31/08 $0.219095 $0.084840 $0.000000 06/13/08 06/30/08 $0.219095 $0.084840 $0.000000 09/15/08 09/30/08 $0.219095 $0.084840 $0.000000 12/15/08 12/31/08 $0.219095 $0.084840 $0.000000 Total: $0.876380 $0.339360 $0.000000 Percentage: 51.934% 20.110% 0.000%
BNY Mellon Shareowner Services LLC, BRE's transfer agent, will distribute copies of IRS Form 1099-DIV to 2008 shareholders of record of BRE's common and preferred stock. Shareholders who held BRE's stock in "street name" during 2008 will receive the form from their bank, brokerage or nominee. BRE recommends shareholders consult a tax professional to determine how distributions should be reported on state and federal tax forms.
About BRE Properties
BRE Properties -- a real estate investment trust -- develops, acquires and
manages apartment communities convenient to its residents' work, shopping,
entertainment and transit in supply-constrained Western U.S. markets. BRE
directly owns and operates 75 apartment communities totaling 22,126 units in
SOURCE BRE Properties, Inc.