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THE PRICE REIT INC. ANNOUNCES INCREASE IN DIVIDENDS

 SAN DIEGO, March 4 /PRNewswire/ -- The board of directors of The Price Reit Inc. declared a first quarter distribution of $0.58 per share, up from the previous quarter of $0.57 per share. The distribution is payable March 31, to shareholders of record March. 12.
 Price Reit is a self-administered real estate investment trust which owns outright eight properties and has an interest in a joint venture of five properties with The Price Co. All such retail and warehouse properties have in excess of 2.2 million square feet occupied by some 150 tenants. The properties are located in California, Arizona and Connecticut.
 -0- 3/4/93
 /CONTACT: George Jezek of The Price Reit Inc., 619-551-2320/


CO: The Price Reit Inc.; The Price Co. ST: California, Arizona, Connecticut IN: SU: DIV

MS-BP -- SD004 -- 3055 03/04/93 14:07 EST
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Publication:PR Newswire
Date:Mar 4, 1993
Words:141
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