BRE Properties, Inc. (NYSE:BRE), a leading real estate investment trust (REIT) with apartment communities located primarily in the major metropolitan markets of coastal California and metropolitan Seattle, announced today the 2012 dividend tax status of its distributions to shareholders. The 2012 distribution classifications are:
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| 2012 Dividend Tax Status |
| | | | | | | | | | | | | | | | | | | | | | |
| Common Shares Distribution (CUSIP 05564E106): |
| | | | | | | Cash | | | Taxable | | | | | | | | | | | | |
| Record | | | Payment | | | Distribution | | | Ordinary | | | Qualifying | | | Long- Term | | | Unrecaptured | | | Return of |
| Date | | | Date | | | Per Share | | | Dividend | | | Dividend | | | Capital Gain | | | Section 1250 Gain | | | Capital |
| 3/15/2012 | | | 3/30/2012 | | | $0.385000 | | | $0.151814 | | | $0.000000 | | | $0.172182 | | | $0.061004 | | | $0.000000 |
| 6/15/2012 | | | 6/29/2012 | | | $0.385000 | | | $0.151814 | | | $0.000000 | | | $0.172182 | | | $0.061004 | | | $0.000000 |
| 9/14/2012 | | | 9/28/2012 | | | $0.385000 | | | $0.151814 | | | $0.000000 | | | $0.172182 | | | $0.061004 | | | $0.000000 |
| 12/14/2012 | | | 12/31/2012 | | | $0.385000 | | | $0.151814 | | | $0.000000 | | | $0.172182 | | | $0.061004 | | | $0.000000 |
| | | | Total: | | | $1.540000 | | | $0.607256 | | | $0.000000 | | | $0.688728 | | | $0.244016 | | | $0.000000 |
| | | | Percentage: | | | 100% | | | 39% | | | 0% | | | 45% | | | 16% | | | 0% |
| | | | | | | | | | | | | | | | | | | | | | |
| Series D Preferred Distribution (CUSIP 05564E601): |
| | | | | | | | | | Taxable | | | | | | | | | | | | |
| Record | | | Payment | | | Cash Distribution | | | Ordinary | | | Qualifying | | | Long- Term | | | Unrecaptured | | | Return of |
| Date | | | Date | | | Per Share | | | Dividend | | | Dividend | | | Capital Gain | | | Section 1250 Gain | | | Capital |
| 3/15/2012 | | | 3/30/2012 | | | $0.421875 | | | $0.166354 | | | $0.000000 | | | $0.188674 | | | $0.066847 | | | $0.000000 |
| 6/15/2012 | | | 6/29/2012 | | | $0.421875 | | | $0.166354 | | | $0.000000 | | | $0.188674 | | | $0.066847 | | | $0.000000 |
| 9/14/2012 | | | 9/28/2012 | | | $0.421875 | | | $0.166354 | | | $0.000000 | | | $0.188674 | | | $0.066847 | | | $0.000000 |
| 12/14/2012 | | | 12/31/2012 | | | $0.421875 | | | $0.166354 | | | $0.000000 | | | $0.188674 | | | $0.066847 | | | $0.000000 |
| | | | Total: | | | $1.687500 | | | $0.665416 | | | $0.000000 | | | $0.754696 | | | $0.267388 | | | $0.000000 |
| | | | Percentage: | | | 100% | | | 39% | | | 0% | | | 45% | | | 16% | | | 0% |
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Wells Fargo Shareowner Services will distribute copies of IRS Form 1099-DIV to 2012 registered shareholders of record of BRE's common and preferred stock. Beneficial shareholders who held BRE's stock in "street name" during 2012 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.
