BRE Properties Announces Tax Status of 2013 Dividends

Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--

BRE Properties, Inc. (BRE) today announced the 2013 dividend tax status of its distributions to shareholders. The 2013 distribution classifications are:

             
2013 Dividend Tax Status
 
Common Shares Distribution (CUSIP 05564E106):
Record Payment

Cash
Distribution

Taxable
Ordinary

Qualifying Long- Term Unrecaptured Return of
Date   Date   Per Share   Dividend   Dividend   Capital Gain   Section 1250 Gain   Capital
3/15/2013 3/29/2013 $0.395000 $0.118174 $0.000000 $0.132453 $0.144373 $0.000000
6/14/2013 6/28/2013 $0.395000 $0.118174 $0.000000 $0.132453 $0.144373 $0.000000
9/13/2013 9/30/2013 $0.395000 $0.118174 $0.000000 $0.132453 $0.144373 $0.000000
12/13/2013 12/31/2013   $0.395000   $0.118174   $0.000000   $0.132453   $0.144373   $0.000000
Total:   $1.580000   $0.472696   $0.000000   $0.529812   $0.577492   $0.000000
Percentage:   100%   30%   0%   34%   37%   0%
 
Series D Preferred Distribution (CUSIP 05564E601):
Record Payment

Cash
Distribution

Taxable
Ordinary

Qualifying Long- Term Unrecaptured Return of
Date   Date   Per Share   Dividend   Dividend   Capital Gain   Section 1250 Gain   Capital
3/15/2013 3/29/2013 $0.421875 $0.126214 $0.000000 $0.141465 $0.154196 $0.000000
6/14/2013 6/28/2013 $0.421875 $0.126214 $0.000000 $0.141465 $0.154196 $0.000000
9/13/2013 9/30/2013 $0.421875 $0.126214 $0.000000 $0.141465 $0.154196 $0.000000
12/13/2013 12/31/2013   $0.421875   $0.126214   $0.000000   $0.141465   $0.154196   $0.000000
Total:   $1.687500   $0.504856   $0.000000   $0.565860   $0.616784   $0.000000
Percentage:   100%   30%   0%   34%   37%   0%
 

Wells Fargo Shareowner Services will distribute copies of IRS Form 1099-DIV to 2013 shareholders of record of BRE's common and preferred stock. Shareholders who held BRE's stock in "street name" during 2013 will receive the form from their bank, brokerage or nominee. BRE recommends shareholders consult a tax professional to determine how distributions should be reported on state and federal tax forms.

About BRE Properties

BRE Properties, based in San Francisco, California, focuses on the development, acquisition and management of apartment communities located primarily in the major metropolitan markets of Southern and Northern California and Seattle. BRE Properties is a real estate investment trust (REIT) listed in the S&P MidCap 400 Index. For more information on BRE Properties, please visit our website at www.breproperties.com.

Contact:
Investor Relations Contact:
BRE Properties, Inc.
Stephanie T. Andre, 415-445-3745

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