Shareholders of record as of July 25 will be eligible to vote onthe merger resolution. The REIT's officials say materials will bemailed in early August so shareholders can vote by proxy.

The shopping center REIT also announced its last quarterlydividends distribution before the merger, if all goes as planned.UIRT will pay 13 cents per common share on Sept. 12. UIRT has 24neighborhood and community shopping centers, of which 15 are inTexas, five in Florida, three in Arizona and one in Tennessee. TheREIT has had a rocky history weathering litigation fromstockholders regarding company performance, disappointing dividendsand other problems.

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