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Select Income REIT Announces Underwriters’ Exercise Of Option To Purchase Additional Shares

Select Income REIT (NYSE:SIR) today announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 1,050,000 common shares. The sale of the additional common shares and the sale of the original 7,000,000 common shares are expected to close on Tuesday, December 11, 2012.

The joint book running managers for the offering are Morgan Stanley, BofA Merrill Lynch and Wells Fargo Securities. The joint lead managers are Citigroup, Jefferies, RBC Capital Markets and UBS Investment Bank. The co-managers are Janney Montgomery Scott and Oppenheimer & Co. A registration statement relating to the offering of the common shares was declared effective by the Securities and Exchange Commission on December 5, 2012. This press release is neither an offer to sell nor a solicitation of an offer to buy shares, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

A copy of the prospectus relating to the offering of the common shares can be obtained by contacting the offices of: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2 nd floor, New York, New York 10014; by email at prospectus@morganstanley.com; BofA Merrill Lynch, 222 Broadway, New York, New York 10038; Attention: Prospectus Department, by email at dg.prospectus_requests@baml.com; or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, by email at cmclientsupport@wellsfargo.com.

WARNING REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON SIR’S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE:
  • THIS PRESS RELEASE STATES THAT THE SALE OF 1,050,000 ADDITIONAL COMMON SHARES AND THE SALE OF THE ORIGINAL 7,000,000 COMMON SHARES ARE EXPECTED TO CLOSE ON TUESDAY, DECEMBER 11, 2012. IN FACT, THE CLOSINGS OF THESE SALES ARE SUBJECT TO VARIOUS CONDITIONS AND CONTINGENCIES CUSTOMARY IN TRANSACTIONS OF THIS TYPE. IF THESE CONDITIONS ARE NOT SATISFIED OR THE SPECIFIED CONTINGENCIES DO NOT OCCUR, THESE SALES MAY NOT CLOSE.

FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.

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