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TriNet Declares Preferred Stock Dividends.

SAN FRANCISCO--(BUSINESS WIRE)--Aug. 17, 1998--TriNet Corporate Realty Trust, Inc. (NYSE: TRI) reported today the company's Board of Directors has declared dividends on TriNet's Series A, Series B, and Series C preferred stock.

For all three series of preferred stock, dividends are payable on September 15, 1998, to holders of record on August 31, 1998.

A dividend of $0.5859375 per share will be paid on the 9.375 percent Series A preferred stock; a dividend of $0.575 per share will be paid on the 9.20 percent Series B preferred stock; and a dividend of $0.50 per share will be paid on the 8.0 percent Series C preferred stock.

TriNet Corporate Realty Trust, Inc. is a real estate investment trust which acquires, owns, manages, and develops primarily office and industrial properties leased to major corporations nationwide. TriNet's total market capitalization is approximately $1.6 billion, and its portfolio of 139 properties comprises over 19 million square feet in 25 states and is 98.3 percent leased. Additional information on TriNet Corporate Realty Trust, Inc. is available on the company's Web site at http://www.tricorp.com.

 CONTACT: TriNet Corporate Realty Trust, Inc.
 Elizabeth Drucker, 415/391-4300


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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Aug 17, 1998
Words:201
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