Federal Realty Investment Trust Announces Second Quarter 2010 Earnings Release Date and Conference Call Information

ROCKVILLE, Md., June 28 /PRNewswire-FirstCall/ -- Federal Realty Investment Trust will announce second quarter 2010 earnings in a press release to be issued on Wednesday, August 4, 2010.

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The conference call for second quarter earnings will take place on Thursday, August 5, 2010, at 11:00 a.m. Eastern Daylight Time (EDT). Conference call access information is as follows:

Toll Free Number: [phone] Pass Code: FRT EARNINGS

A telephonic replay of the conference call will be available beginning at 2:00 p.m. EDT on Thursday, August 5, 2010, through Friday, September 3, 2010. Replay access information is as follows:

Toll Free Number: [phone] Pass Code: 25364905

A live on-demand webcast of the conference call will be available on Federal Realty's web site at http://www.federalrealty.com/. Please check the company's web site prior to the call for any materials that may be used during the conference call. An online playback of the webcast will be available at http://www.federalrealty.com/ for 30 days following the conference call.

About Federal Realty

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 18.2 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 94.1% leased to national, regional, and local retailers as of March 31, 2010, with no single tenant accounting for more than approximately 2.6% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 42 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT.

Investor and Media Inquiries ---------------------------- Gina Birdsall Janelle Stevenson Investor Relations Corporate Communications 301/998-8265 301/998-8185 [e-mail] [e-mail]

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Federal Realty Investment Trust

CONTACT: Investor and Media Inquiries, Gina Birdsall, Investor
Relations, [phone], [e-mail], or Janelle Stevenson,
Corporate Communications, [phone], [e-mail], both
of Federal Realty Investment Trust

Web Site: http://www.federalrealty.com/