Government Properties Income Trust Announces Underwriters’ Partial Exercise of Option to Purchase Additional
Shares
Government Properties Income Trust (Nasdaq:GOV) today announced that the underwriters of its recent public offering of common
shares have partially exercised their option to purchase an additional 2,907,029 common shares of beneficial interest at a price to
the public of $18.50 per common share, raising additional net proceeds (after payment of the underwriting discount and other
estimated offering expenses payable by GOV) of approximately $51.5 million. The settlement for such shares is expected to occur on
August 3, 2017.
The joint bookrunning managers for this offering were Citigroup, BofA Merrill Lynch, Morgan Stanley and UBS Investment Bank. The
joint lead managers for this offering were Baird, BB&T Capital Markets, D.A. Davidson & Co., FBR & Co., Janney
Montgomery Scott, JMP Securities, Mizuho Securities and Oppenheimer & Co.
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. The prospectus supplement relating to this offering and
related prospectus have been filed with the Securities and Exchange Commission (SEC) and copies can be obtained when
available by contacting the offices of: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, or by calling (800) 831-9146; BofA Merrill Lynch, Attention: Prospectus Department,
NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, email: dg.prospectus_requests@baml.com; Morgan Stanley, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or UBS Securities LLC, Attention: Prospectus
Department, 1285 Avenue of the Americas, New York, NY, 10019 or by calling (888) 827-7275.
WARNING CONCERNING 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 GOV'S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE: THE FACT THAT THE UNDERWRITERS HAVE PARTIALLY EXERCISED THEIR OPTION TO
PURCHASE 2,907,029 SHARES MAY IMPLY THAT THE SETTLEMENT OF THIS SALE OF SHARES WILL OCCUR; BUT THE SETTLEMENT IS SUBJECT TO
CONDITIONS CUSTOMARY IN TRANSACTIONS OF THIS TYPE, AND MAY BE DELAYED OR MAY NOT OCCUR AT ALL. FOR THESE REASONS, AMONG OTHERS,
INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.
Government Properties Income Trust
Christopher Ranjitkar, 617-219-1410
Director, Investor Relations
www.govreit.com
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