The company has extended its offer for all outstanding 9%convertible redeemable subordinated debentures and 10% securednotes due 2004 of Excel Legacy and also its tender offer for alloutstanding shares of Price Enterprises' common stock.

The exchange offer, consent solicitation and tender offer, whichwere scheduled to expire at 5 p.m. today, have been extended until5 p.m. on Sept.18, unless further extended. All other terms remainunchanged.

Legacy and Price Enterprises have received stockholder approvalfor the merger and $100 million investment by Warburg Pincus in thecombined company, Price Legacy Corp.

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