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Investors Real Estate Trust Announces 2013 Distribution Allocation

CSR

MINOT, N.D., Jan. 16, 2014 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (NYSE:IRET) (NYSE:IRETPR) (NYSE:IRET PRB) today announced the final tax treatment (Form 1099) for calendar year 2013 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Investors Real Estate Trust distributions. None of the following 2013 calendar year distributions is eligible for treatment as "qualified dividend income."

Security Description Record
Date
Payable
Date
Cash
Distribution
Per Share
Ordinary
Taxable
Distribution
Return of
Capital
Total
Capital Gain
Unrecaptured
Section 1250
Gain
  01/02/13 01/15/13 $0.130000 $0.036939 $0.089050 $0.004011 $0.004011
Common Shares 03/18/13 04/01/13 $0.130000 $0.036939 $0.089050 $0.004011 $0.004011
CUSIP: 461730103 06/14/13 07/01/13 $0.130000 $0.036939 $0.089050 $0.004011 $0.004011
Symbol: IRET 09/16/13 10/01/13 $0.130000 $0.036939 $0.089050 $0.004011 $0.004011
    TOTALS $0.520000 $0.147756 $0.356200 $0.016044 $0.016044
               
Security Description Record
Date
Payable
Date
Cash
Distribution
Per Share
Ordinary
Taxable
Distribution
Return of
Capital
Total
Capital Gain
Unrecaptured
Section 1250
Gain
Series A 03/18/13 04/01/13 $0.515625 $0.499045 $0.000000 $0.016580 $0.016580
Preferred Shares 06/14/13 07/01/13 $0.515625 $0.499045 $0.000000 $0.016580 $0.016580
CUSIP: 461730202 09/16/13 09/30/13 $0.515625 $0.499045 $0.000000 $0.016580 $0.016580
Symbol: IRETPR 12/16/13 12/31/13 $0.515625 $0.499045 $0.000000 $0.016580 $0.016580
    TOTALS $2.062500 $1.996180 $0.000000 $0.066320 $0.066320
               
Security Description Record
Date
Payable
Date
Cash
Distribution
Per Share
Ordinary
Taxable
Distribution
Return of
Capital
Total
Capital Gain
Unrecaptured
Section 1250
Gain
Series B 03/18/13 04/01/13 $0.496875 $0.480898 $0.000000 $0.015977 $0.015977
Preferred Shares 06/14/13 07/01/13 $0.496875 $0.480898 $0.000000 $0.015977 $0.015977
CUSIP: 461730301 09/16/13 09/30/13 $0.496875 $0.480898 $0.000000 $0.015977 $0.015977
Symbol: IRETPRB 12/16/13 12/31/13 $0.496875 $0.480898 $0.000000 $0.015977 $0.015977
    TOTALS $1.987500 $1.923592 $0.000000 $0.063908 $0.063908

Investors Real Estate Trust is a real estate investment trust headquartered in Minot, North Dakota, with additional offices in Minneapolis, Minnesota and Omaha, Nebraska. As of October 31, 2013, IRET owned 262 properties consisting of multi-family, office, medical, industrial and retail properties, with a total of approximately 10.8 million square feet of commercial properties, and 10,705 units of multi-family residential properties, located primarily in the Midwest. For more company information, visit the Investors Real Estate Trust website at www.iret.com.

CONTACT: Lindsey Knoop Anderson
         Director of Investor Relations
         1400 31st Ave SW, Suite 60
         PO Box 1988
         Minot, North Dakota 58702-1988
         phone: 701.837.4738
         fax: 701.838.7785
         email:landerson@iret.com

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