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
43 properties comprises 35 shopping malls, five community and power centers, and three development
properties. The Company’s properties are located in 12 states in the eastern half of the United States,
primarily in the Mid-Atlantic region. The operating retail properties have approximately 30.3 million
total square feet of space. PREIT, headquartered in Philadelphia, Pennsylvania, is publicly traded on
the NYSE under the symbol PEI.