The shares were priced at $20.10 per depository share resulting in an aggregate public offering price of $120.6 million. These new shares will have the same terms and conditions as the currently outstanding Series F Cumulative Redeemable Preferred Shares.

The depositary shares will pay an annual dividend equal to 6.50% of their liquidation preference of $25 per share, and are redeemable at Weingarten's election on or after January 30, 2012. Upon closing, the Company intends to use the net proceeds from the offering to repay amounts outstanding under its credit facilities, which are among the primary sources of financing for its on-going acquisition and new development programs. Any additional net proceeds will be used for general business purposes.

Wachovia Securities was the sole bookrunning manager for the offering. -- Weingarten Realty Investors