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CROCKER REALTY TRUST ANNOUNCES DIVIDENDS

BOCA RATON, Fla., March 8 /PRNewswire/ -- On March 7, 1996 the Board of Directors of Crocker Realty Trust, Inc. (AMEX: CKT) declared two dividend payments to shareholders.

The Board declared a special dividend in the amount of $0.03 cents per share for shareholders of record as of March 18, 1996, payable March 28, 1996. This dividend was declared in order to satisfy the company's 1995 dividend distribution requirements as a real estate investment trust.

The Company is initiating a regular quarterly distribution. The Board also declared the company's first regular dividend of $0.15 cents per share for shareholders of record as of March 20, 1996, payable April 3, 1996.

Crocker Realty Trust, Inc. has the largest exclusively Class A office portfolio in the southeast U.S. held by a public company. It owns 70 buildings, totaling 5.7 million square feet, in 16 markets. The company is headquartered in Boca Raton, FL with regional offices in Atlanta, GA; Charlotte, NC and Memphis, TN.
 -0- 3/8/96


/CONTACT: Andrea Knibbs, Smith & Knibbs, Inc., 954-428-4477/

(CKT)

CO: Crocker Realty Trust, Inc. ST: Florida IN: FIN SU: DIV

MS-KW -- FLF002A -- 1566 03/08/96 11:47 EST
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Publication:PR Newswire
Date:Mar 8, 1996
Words:197
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