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FARMINGTON HILLS, MI-The IRS has issued two examination reportsseeking to disallow certain deductions and losses Ramco-GershensonProperties Trust claimed in its 1996 tax year and to disqualify thecompany as a REIT for the years 1996 through 2004.

"We vigorously contest the matters raised by the IRS in theirexamination reports, and we intend to file a protest with the IRSAppeals Office," said Dennis Gershenson, the REIT's president andCEO.

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