Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the
U.S., has a primary investment focus on retail shopping malls. Currently, the Company's portfolio of
46 properties comprises 36 shopping malls, seven community and power centers, and three development
properties. The Company’s properties are located in 13 states in the eastern half of the United States,
primarily in the Mid-Atlantic region. The operating retail properties have approximately 31.0 million
total square feet of space. PREIT, headquartered in Philadelphia, Pennsylvania, is publicly traded on
the NYSE under the symbol PEI.